FirstGroup to buy bus unit of Ryder
Article Abstract:
FirstGroup PLC has reached an agreement to acquire Ryder Transportation Services Inc. for a cash payment of $940 million (903.8 million euros). Ryder is the second-largest operator of school buses in the US. The acquisition represents FirstGroup's first move into the rapidly-expanding and highly-fragmented bus market in the US. FirstGroup is the largest bus operator in Britain.
Comment:
FirstGroup to acquire Ryder Transportation Services for cash payment of $940 million (903.8 million euros)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
FirstGroup agrees to acquire Laidlaw
Article Abstract:
FirstGroup PLC of the United Kingdom is to purchase Laidlaw International Inc. of the United States for $2.8 billion. Share price bid offer is $35.25 per share at an 11 percent premium. Laidlaw International Inc. owns Greyhound bus service and the deal could bear antitrust scrutiny as it will corner approximately half of the North American school bus service market.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
Determinants of international acquisition success: lessons from FirstGroup in North America
Article Abstract:
A process model describing cross-border mergers and acquisitions taking into consideration the FirstGroup's North American acquisitions and the strategic aspects behind the acquisition process is proposed.
Publication Name: European Management Journal
Subject: Business, international
ISSN: 0263-2373
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: GM Europe shows signs of upturn. Volkswagen considers second North American plant
- Abstracts: Is Fiat setting stage to spin off auto unit? Fiat's net gets strong lift from its core car division
- Abstracts: The impact of DSS use and information load on errors and decision quality. On multiplicative priority rating methods for the AHP
- Abstracts: Socio-economic determinants of HIV/AIDS pandemic and nations efficiencies. Estimating output targets to evaluate output-specific efficiencies: a statistical framework
- Abstracts: A Markovian approach to determining optimum process target levels for a multi - stage serial production system