The Greyhound Corporation
| Company Deal | $80,000,000 principal amount of 6 1/2% convertible subordinated debentures, due January 15, 1990 |
|---|---|
| Transaction Type | Convertible Subordinated Debentures |
| Deal Description | The Greyhound Corporation used the proceeds from this transaction to repay short-term borrowings. The balance was used for working capital. The company's principal acquisitions during the previous year included Carey Transportation, Inc.; Gray Line of New York Tours Corp.; Nassau Air Dispatch Service Limited; Dispatch Services, Inc.; Greyhound Airport Service, Inc.; and Armour and Company. |