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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts
00-21676 Laidlaw Inc., et al.-Control and Merger-918897 Ontario Inc., B. R. Babcock Limited, Babcock Coach Lines Limited, Lee Line Corp., and Lee Charter Services, Inc. Notice In a notice served and published in the Federal Register on July 13, 2000 (65 FR 43395), the Surface Transportation Board (Board) tentatively approved, inter alia, an application filed under 49 U.S.C. 14303 by Laidlaw Inc. (Laidlaw), a noncarrier, to acquire indirect control, through two subsidiaries, Laidlaw Transit Ltd., and Laidlaw Transit, Inc., of a noncarrier and several motor passenger carriers. Comments concerning the application were due to be filed by August 28, 2000, and if no opposing comments were received, the notice would become the final Board action and approval of the application would be effective on that date. Based on information in the application, the Board tentatively found the proposed transaction to be in the public interest. In Laidlaw Inc., and Laidlaw Transit Acquisition Corp.-- Merger--Greyhound Lines, Inc., STB Docket No. MC-F-20940 (STB served Aug. 18, 2000), however, the Board has requested additional information from Laidlaw and Greyhound Lines, Inc. (Greyhound), because Greyhound, in a recent filing with the Securities and Exchange Commission, indicated that Laidlaw is having financial problems and is curtailing funding to Greyhound. Greyhound indicated that if it does not find additional funding from other sources, it "may not be able to continue to operate as a going concern." In view of this significant new development, the Board's tentative finding that the proposed transaction is in the public interest may no longer be appropriate. Accordingly, the effective date in this proceeding is being postponed pending further action by the Board. Interested persons and applicants may file comments under the schedule set out in this decision. 2000-08-24 2000 8 https://www.federalregister.gov/documents/2000/08/24/00-21676/laidlaw-inc-et-al-control-and-merger-918897-ontario-inc-b-r-babcock-limited-babcock-coach-lines https://www.govinfo.gov/content/pkg/FR-2000-08-24/pdf/00-21676.pdf Transportation Department; Surface Transportation Board 492,481 In a notice served and published in the Federal Register on July 13, 2000 (65 FR 43395), the Surface Transportation Board (Board) tentatively approved, inter alia, an application filed under 49 U.S.C. 14303 by Laidlaw Inc. (Laidlaw), a noncarrier, to...

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