Our Videos

May 1, 12

NEWS / National Express and Petermann to Sell Off School Bus Contracts in Texas and Washington to Resolve A


Divestitures Will Ensure Continued Competition for School Bus Contracts

WASHINGTON – In order to resolve antitrust concerns, National Express Corporation and Petermann Partners Inc. will divest several school bus contracts and associated assets in the states of Washington and Texas in order to proceed with their proposed merger, the Department of Justice announced today. National Express and Petermann contract with school districts throughout the United States to provide school bus services.


The parties have agreed to sell eight school bus transportation contracts in the states of Texas and Washington to Student Transportation of America Inc. (STA). The divested assets include transportation contracts in the school districts of Battle Ground and Hockinson in Washington and the school districts of Bastrop, Boyd, Eagle Mountain-Saginaw, Leander, Manor and Terrell, as well as Dallas-based KIPP Truth Academy, in Texas.

“The sale of the assets will help ensure continued competition for school bus contracts, which will benefit taxpayers in Texas and Washington,” said Acting Assistant Attorney General Joseph Wayland in charge of the Department of Justice’s Antitrust Division.

The parties have committed to completing the divestitures within 30 days, or to have a court monitor the divestitures at that time. The school boards and entities whose contracts are being divested are in the process of approving the transfer of the contracts.

The Antitrust Division conducted its investigation working closely with the Washington and Texas State Attorney Generals’ offices, which simultaneously conducted their own investigations.

National Express Corporation, a subsidiary of National Express Group PLC of the United Kingdom, is based in Warrenville, Ill. It has revenues of more than $700 million. Petermann Partners, headquartered in Cincinnati, has revenues of approximately $150 million.

http://www.justice.gov/opa/pr/2012/April/12-at-557.html

Tags: corporation,
 




Testimonials

John Beacleay

Just wanted to say thanks again for all your help Anton. I mean it's really amazing to me that yo...
Read More »
Niranjan Sujay
I recently used LOGOS INTERNATIONAL for the translation of my bachelor’s certificate, and I couldn’t...
Read More »
Katia Nagata

As a foreigner, I needed a certified translation, so I called the DOE to give me a list of the ce...
Read More »
AnnaMaria Realbuto
Thank you for all your assistance and efficiency...
Read More »




FAQ

Q: Would the U.S. Convention case rules apply in adoption cases where a U.S. citizen is residing in a Convention country, is considered to be habitually resident in the United States in accordance wit
Read More »
Can I take my dog with me on vacation to Canada?
Read More »
What is the CAFTA-DR Agreement and how does it benefit U.S. exporters?
Read More »
Supplemental Questions & Answers: Extension of Optional Training Program for Qualified Students
Read More »






News

July 1, 25
South Carolina woman accused of altering sister’s death certificate to commit insurance fraud
Read More »
June 26, 25
Jefferson Davis Hospital birth certificate errors persist; causing headaches for many
Read More »
June 19, 25
Iowa man whose body was found after home explosion died of suicide – death certificate
Read More »
June 19, 25
Cruise line passenger allegedly posed as US citizen by using fake birth certificate and ID
Read More »