Blue Bird Signs Deal to Gain Full Ownership of Micro Bird
Key Takeaways Blue Bird Corporation will buy Girardin Group's stake in Micro Bird for about $200 million.BLBD will unify North American operations and broaden its Type A, C and D bus lineup.Blue Bird plans to expand its shuttle bus market and add Steve Girardin to its board.Blue Bird Corporation (BLBD) , a leader in electric and low-emission school buses, has entered into an agreement to acquire Girardin Group’s stake in the 50/50 Micro Bird joint venture in order to gain full ownership of the business. The ...