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var fbShare = {url: 'http://ceoworld.biz/ceo/2009/10/19/u-k-bus-and-rail-operator-stagecoach-in-talks-over-possible-national-express-bid/',size:'large'}Transport group, U.K. bus and rail operator Stagecoach Group (UK:SGC) has approached National Express PLC (NEX.LN), the indebted bus and train operator, over plans for a friendly merger.
National Express confirmed yesterday that Stagecoach had approached chairman John Devaney over the weekend proposing an all-share £1.7bn merger.
In a statement [...]
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