Page 183 - First Student News Today

FIRSTGROUP PLC - Result of Meeting PR Newswire London, May 27 FIRSTGROUP PLC RESULT OF GENERAL MEETING FirstGroup plc (the 'Company') announces that the resolution

A majority of FirstGroup shareholders on Thursday backed the bus and train firm's 3.3 billion pound ($4.7 billion) sale of its U.S. assets to EQT Infrastructure, in a blow to activist investor Coast Capital which led opposition to the deal.

/PRNewswire/ -- EQT Infrastructure is pleased to note that FirstGroups shareholders have voted in support of its offer to acquire First Student and First...

Just 61.3% of investors voted in favour of the deal with 38.7% rejecting it. Only 50% of shareholders needed to agree to the deal for it to be approved. FirstGroup’s largest shareholder, activist investor Coast Capital, had said it would vote against the deal, saying it undervalued the divisions. FirstGroup will focus on its UK operations, including the Avanti West Coast line, after the sale of two North American divisions (Luciana Guerra/PA) Coast wrote to FirstGroup’s board demanding Thur...

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Shareholders in Aberdeen-based train and bus operator FirstGroup showed their displeasure over the sale of its North American school bus and transit divisions today.

Charges filed against man accused of threatening Jefferson City school bus driver JEFFERSON CITY, Mo. (KMIZ) The Cole County Prosecutors Office filed charges against a man accused of threatening a school bus driver in Jefferson City on Tuesday morning. Cody R. Vaughan, 33, is charged with felony counts of first-degree terrorist threat and first-degree harassment. Hes also charged with one misdemeanor count of peace disturbance. Police said officers responded just after 8:10 a.m. Tuesday to an ...

Far from minimal disruption, the full impact of leaving the EU may take 15 years to appear The reams of paperwork and border checks that exporters face on EU shipments is having an effect. Photograph: Ben Stansall/AFP/Getty Images The reams of paperwork and border checks that exporters face on EU shipments is having an effect. Photograph: Ben Stansall/AFP/Getty Images Tue 25 May 2021 14.44 EDT Last modified on Tue 25 May 2021 16.58 EDT Teething problems? Bumps in the road? The consequences of...

FirstGroup activist Coast pulled back after signalling support for US deal Coast Capital Management initially suggested it would back a deal worth at least $4.7bn 24 May 2021 • 6:00pm The US hedge fund leading the fight against FirstGroups £3.3bn sale of its American divisions was initially willing to back the terms of the deal it now bitterly opposes, leaked documents show. Coast Capital Management, FirstGroups largest shareholder, said it would support the sale of First Student and Fi...

Strike imminent for delivery truck drivers with Seattle Public Schools MYNORTHWEST © Provided by KIRO Seattle Seattle school buses could be slowed or stopped by a Teamsters strike if mediation fails between the union and the school district. Fifteen truck drivers who make deliveries for the district say work with a state mediator Tuesday has failed to find agreement on a new contract and resolve outstanding issues. Members of Teamsters Local 174, the union that represents the...