Purchase By The Greyhound Corporation
On the last day of 1950 the Southeastern Greyhound Lines, Inc., ceased to be an independent entity with its own separate corporate existence, and on the next day (the first day of -51) Southeastern GL became a division of The Greyhound Corporation, the parent Greyhound firm, after the latter acquired not merely a controlling interest but rather 100 percent of the shares of the capital stock outstanding in the former.
By that time the SEG Lines met the Atlantic GL to the east, the Florida GL to the southeast, the Teche GL to the southwest, the Dixie GL to the west, and the Capitol GL, the Central GL, the Great Lakes GL, and the Pennsylvania GL to the north.
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