Search Results for keywords:"finance transaction"

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Search Results: keywords:"finance transaction"

  • Type:Notice
    Citation:90 FR 11868
    Reading Time:about 7 minutes

    On January 22, 2025, Jefferson Partners, L.P., which operates as Jefferson Lines, applied to acquire the assets of Karst Stage, Inc., another passenger bus company. The Surface Transportation Board is tentatively approving this move, allowing Jefferson to continue its operations under a new company, Karst Stage, LLC, while maintaining separate identities but sharing management tasks. The approval is contingent on no opposing comments being filed by April 28, 2025. Jefferson argues this transaction will improve service and efficiency without harming competition or employee interests.

    Simple Explanation

    Jefferson Lines wants to buy another bus company called Karst Stage but promises that riders and employees won't notice big changes. The people in charge are okay with it, as long as no one complains before April 28, 2025.

  • Type:Notice
    Citation:90 FR 10031
    Reading Time:about 6 minutes

    The Surface Transportation Board has tentatively approved the acquisition of Echo Windy City, LLC, an interstate motor passenger carrier, by TBL Group, Inc., a company that owns several similar carriers. This acquisition will allow Echo Windy to expand its services to include interstate passenger transportation. If no opposing comments are submitted by April 7, 2025, the approval will become final on April 8, 2025. The Board determined that the transaction would benefit the public interest without adversely affecting competition or employees.

    Simple Explanation

    TBL Group, which owns bus companies, wants to buy another bus company called Echo Windy City, and the people in charge say it's okay as long as nobody complains by April. If everyone is happy, Echo Windy can start driving their buses to places far away.