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According to court filings, Coach USA had $197.8 million in debt when it filed for bankruptcy, including $146.6 million on the loan that funded the Variant deal and $37.7 million on a pandemic-era ...
In June 2024, Coach USA filed for Chapter 11 bankruptcy, blaming corporate impact caused by the COVID-19 pandemic. The company has plans to sell its assets and has planning to sell its Megabus subsidiaries (including Coach Canada) to Bus Company Holdings, a unit of the Renco Group.
In June 2024, Coach USA filed for Chapter 11 bankruptcy, blaming corporate impact caused by the COVID-19 pandemic. The company has plans to sell its assets, and is planning to sell its Megabus subsidiaries to Bus Company Holdings, a unit of the Renco Group. [20] Avalon Transportation acquired Lenzner, Kerrville, All West and ACL Atlanta.
In June 2024, Coach USA filed for Chapter 11 bankruptcy, blaming corporate impact caused by the COVID-19 pandemic. The company has plans to sell its assets, and has planning to sell its Megabus subsidiaries (including Wisconsin Coach Lines) to Bus Company Holdings, a unit of the Renco Group.
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The Megabus fleet has the megabus.com name on the front and sides in yellow against a blue base and the Megabus logo on the left side of the coach (facing forward) and rear of the bus. The DATTCO fleet used for Megabus service also has Megabus logos, but with a DATTCO logo instead of a Coach USA logo for Megabus buses owned and operated by DATTCO.
Paramus-based Coach USA — one of the largest private bus companies in the country — filed to begin Chapter 11 bankruptcy proceedings this week. ... Today, it has 25 business segments, employs ...
Suburban Transit is a bus operator in central New Jersey owned by Coach USA, which in turn is owned by the private equity firm, Variant Equity Advisors, and provides commuter bus service from Mercer, Somerset, and Middlesex County to New York City and local bus service along the New Jersey Route 27 and U.S. Route 130 in Middlesex County.