Business Services Industry

FirstGroup Completes Acquisition of Laidlaw

Business Wire, Oct 1, 2007

NAPERVILLE, Ill. -- Laidlaw International, Inc. (NYSE:LI) today announced that FirstGroup plc completed its acquisition of Laidlaw on October 1, 2007. On February 9, 2007, Laidlaw announced that the Company had entered into a merger agreement with FirstGroup plc to acquire all outstanding shares of Laidlaw for $35.25 per share.

About Laidlaw International, Inc.

Laidlaw International, Inc. is a holding company for North America's largest providers of school and inter-city bus transport services and a leading supplier of public transit services. The company's businesses operate under the brands: Laidlaw Education Services, Greyhound Lines, Greyhound Canada and Laidlaw Transit. For more information on Laidlaw, visit the website: www.laidlaw.com.

About FirstGroup PLC

FirstGroup plc is the UK's largest surface transportation company. FirstGroup operates passenger and freight rail services in the UK. Its passenger operations include regional, intercity and commuter services. FirstGroup is also the UK's largest bus operator running more than one in five of all local bus services. In North America, FirstGroup has three operating divisions: yellow school buses (First Student), transit contracting and management services (First Transit) and vehicle maintenance and ancillary services (First Services). FirstGroup's shares trade on the London Stock Exchange (LSE:FGP). For more information on FirstGroup, visit the website: www.firstgroup.com.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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