FirstGroup Wins Laidlaw Clearance
October 1, 2007
FIRSTGROUP, the Aberdeen-headquartered bus and rail group, yesterday said it had won competition clearance from the US antitrust authorities for its $2.8bn (L1.4bn) acquisition of Laidlaw International.
The agreement resolves a multi-state investigation into whether the US’s two largest school bus operators would limit competition among private bidders for local school districts’ bus service contracts.
Originally published by Newsquest Media Group.
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