Potential Greyhound Buyer: The Blackstone Group, a...
From Times Staff and Wire Reports
Potential Greyhound Buyer: The Blackstone Group, a New York-based investment banking firm, is courting creditors of troubled Greyhound Lines to ask for help in obtaining financial information for a buyout offer. General partner Richard Ravitch said he met with members of the striking bus drivers’ union to discuss the offer, which could include partial employee ownership.