FirstGroup-Laidlaw International Merger
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Janusz Ordover, Bradley Reiff, Lynette Neumann, and a Compass Lexecon team in Chicago provided economic and econometric analyses showing the competitive effects of the acquisition of Laidlaw International, Inc. by FirstGroup plc. Both companies provide school bus transportation services, among other businesses. The Department of Justice closed its investigation with a divestiture in only one market (Anchorage, Alaska) -- the total number of school buses divested was approximately 800 out of a combined fleet of 62,000. FirstGroup was represented by Ronan Harty of Davis Polk & Wardwell and Laidlaw was represented by Ian John of Skadden, Arps, Slate, Meagher & Flom LLP.