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Old 03-07-2012, 16:32   #19
gynn
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Re: Hyndburn Transport

I was involved in the sale of Hyndburn Transport to Stagecoach in 1996, Paul. From memory, the Council had been advised that a sale was inevitable, and we commissioned a study by KPMG to determine the way forward, how to go about selling the Company and how much it was worth. If you can get hold of a copy of the report from the Council, it might give you some valuable information.

I don't know what the rules on confidentiality are, because it was all treated with great secrecy at the time. With the passing of time, such secrecy may no longer be necessary. The Council legal team will be able to advise you, and a request under the freedom of information rules might be possible.
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