GREYHOUND AGREES TO ACQUIRE TRAILWAYS ROUTES
<Greyhound Lines> said it agreed to
acquire the routes of <Trailways Corp>.
    Greyhound said it had petitioned the Interstate Commerce
Commission for authority to acquire and operate Trailways'
routes, 450 of its 1200 buses and some of its terminals and
garages.
    Trailways has abandoned all service in seven states in the
past year and more than half of its sevice in three other
states, the company said.
    "Without intervention, the collaspe of Trailways is
imminent," said Fred Currey, chairman and president of
Greyhound.
 Reuter
