An investment firm know for buying up newspaper publishers then gutting them is behind the recent shuttering of dozens of Greyhound bus stations across the country, a new report has revealed.Twenty Lake Holdings LLC, a subsidiary of Alden Global Capital, purchased 33 Greyhound stations across the U.S. from transport company FirstGroup in 2021, reported .FirstGroup purchased Greyhound from LaidLaw international in 2007, according to . Then sold the bus service to German transport company FlixBus for $172 million, but kept the physical bus stations until the sale to Twenty Lake.
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