Is it true that the Greyhound bus company is being sold to another company? Why?

Answer 1

greyhound was bought by a british company called stagecoach
they already own first transit (a school bus and transit company)
now Greyhound also owns Laidlaw (another school bus company)
stagecoach just really wanted the laidlaw part of greyhound
stagecoach also owns part of Coach USA which operated
megabus a greyhound competitor in some states)