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N BC to buy 'Provincial'

21st November 1969
Page 29
Page 29, 21st November 1969 — N BC to buy 'Provincial'
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Which of the following most accurately describes the problem?

• The National Bus Company and Swain Group Ltd. are negotiating for the purchase of the share capital and control of the Gosport and Fareham Omnibus Company which operates a fleet of 70 "provincial' buses and coaches. The Gosport and Fareham Co. is a statutory undertaking operating under the terms of the Gosport and Fareham Omnibus Services Act 1929 and if the negotiations are successful its acquisition by the NBC will not affect its constitution under this Act.