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June 23, 1998 | Bloomberg News
Houston-based Coach USA Inc. said Monday it agreed to buy 10 bus and ground-transportation companies, including Valen Transportation & Tours of Orange, in deals that will make it the largest motor coach operator in the United States. Coach didn't disclose terms of the acquisitions but said the 10 companies' annual sales total about $125 million. Valen, formed in 1988 by Michael and Michaeleen Valen, specializes in trips to Las Vegas and the Grand Canyon for Pacific Rim and British tourists.
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BUSINESS
June 23, 1998 | Bloomberg News
Houston-based Coach USA Inc. said Monday it agreed to buy 10 bus and ground-transportation companies, including Valen Transportation & Tours of Orange, in deals that will make it the largest motor coach operator in the United States. Coach didn't disclose terms of the acquisitions but said the 10 companies' annual sales total about $125 million. Valen, formed in 1988 by Michael and Michaeleen Valen, specializes in trips to Las Vegas and the Grand Canyon for Pacific Rim and British tourists.
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