14 September 2009

Infamous Five


"We are pleased with the amount of interest we have received”



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Well we now know there are five bids in from companies interested in buying Plymouth Citybus. A Plymouth City Council spokesperson said: "We have received five bids by the deadline for shares in Plymouth Citybus.
"We are pleased with the amount of interest we have received and a decision on whether to continue the project is expected to be made in early October when the bids have been assessed. If the project continues, the interested companies will be invited to submit final bids,"
"If the project continues, the interested companies will be invited to submit final bids," she said. "These would be assessed and a report outlining the recommended way forward would go to Full Council on November 30 when a final decision whether to sell any shares in Plymouth CityBus would be made."
Meanwhile the fight against the sale continues...
PLYMOUTH Labour leader Tudor Evans has told a packed meeting that the privatisation of Citybus can be stopped if people can enlist the help of their Tory councillors. He was speaking at an open meeting in the Guildhall organised by opponents of the proposed sell-off and attended by more than 150 people. Referring to a possible vote on the sale in November, Cllr Evans said: "We only need a handful of their councillors to switch over to win the day." He claimed that many Conservative voters did not want to see Citybus privatised, and urged people to contact their local ward councillor and put pressure on them to vote down the sale.

We know that First are interested and of a local consortium bid led by John Preece so it will be interesting to learn who else has bid. Stagecoach I guess would be keen.



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