JPT Bus Company

[Mayneway]

RE: JPT Bus Company

(26/04/2014 16:09)WhiteVanMan Wrote:  I believe that 41 vehicles were acquired along the business of JPT. and the two Enviro300's 454 (ST59JPT), and 455 (RT59JPT) have already entered the paint shop at Hyde Road.

I'd be very surprised if that was true. Unless of course the owner of JPT 'gave' Stagecoach the vehicles. As I've already said if the vehicles were acquired then that is technically a buy out which is completely different to what's actually happened and would require agreement from the OFT.

There seems to be a lot of rumours flying about at the moment regarding exactly has gone on.
Look at the sale of Finglands to First. First acquired the licence and services for an amount of money so in leymans terms First bought out Finglands, which required a 'yes' from the OFT which took several months to sort.