FirstGroup acquires Laidlaw

By Lisa Kerner

Charlotte, N.C., Oct. 1 - Laidlaw International, Inc. was acquired by FirstGroup plc on Monday for $35.25 per share, or about $3.6 billion, according to a news release.

The companies announced their merger agreement on Feb. 9, 2007.

Laidlaw is a Naperville, Ill., holding company for North America's largest providers of school and inter-city bus transport services and a supplier of public transit services. FirstGroup is a passenger transport group based in Aberdeen, Scotland.

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