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Ma DOT BusPlus Western Tier Albany run ending

Sept. 21, 2018

Sept. 30, 2018 will be the last day of BusPlus Mass DOT subsidized Peter Pan service from Springfield to Albany, NY and return. (Originally two busses: one in each direction daily.) This ends a three year run where bus service was provided under state partnership to Springfield, Northampton, Deerfield, Greenfield, Shelburne Falls, Charlemont, North Adams, Williamstown, Troy, and Albany. Details of the contract change are not available. 

There will be a “bump bid” from Miles down effective Oct. 1, 2018 in Springfield division. 

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CVC Partners inquiring of First Group buyout

Sept. 9, 2018

CVC Partners, a global private equity and credit firm with over $69 Billion in assets and 24 offices worldwide is in early stages of investigation of possible buyout of First Group LLC of UK which owns Greyhound US, Greyhound Canada, and other subsidiaries.  No details of the meetings is public, but First Group has floated the possibility of selling its business, or parts of its business to outside parties. First Group shares are currently trading on the UK exchange at $1.20 US per share.  More details below:

CVC Partners equity investment firm looking at First Group

What is CVC Partners Private Equity and Credit firm?

 

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