P.M. BRIEFING : Greyhound Adds Dial to Name
Greyhound Corp. today changed its name to Greyhound Dial Corp. to distinguish itself from the famous nationwide bus line formerly owned by the company and now embroiled in labor problems.
“This name change will help clarify who we are and what we do,” Greyhound Dial Chairman John Teets said at a news conference in New York.
The company, a diversified manufacturing and financial services concern based in Phoenix, sold the bus line three years ago to Dallas investor Fred Currey, who later merged it with the Trailways bus system and renamed the operation Greyhound Lines Inc. Its drivers have threatened to strike on Friday.
Teets said the new name was chosen because of the growing importance of the company’s Dial Corp. subsidiary, a consumer products maker with brands ranging from Dial soap to Purex bleach to Lunch Bucket microwave meals.
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