GREYHOUND LINES SLASHES FARES
Greyhound Lines said, on its first day
under new management, it slashed fares on 166 of its shorter
routes, many by 50 pct or more.
    On Wednesday, Greyhound Corp <G> completed the sale of its
Greyhound Lines subsidiary to GLI Holdings Inc for 350 mln dlrs
in cash, securities, royalties and other considerations.
    Most of the routes affected are 100 miles or less and
connect cities and towns throughout the country and include
routes serving suburban terminals, colleges, military bases and
resort locations.
 Reuter
