Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

The Greyhound Corporation Deal - Lehman Brothers Collection

The Greyhound Corporation

Company Deal$80,000,000 principal amount of 6 1/2% convertible subordinated debentures, due January 15, 1990
Transaction TypeConvertible Subordinated Debentures
Deal DescriptionThe 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.
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