🚌Van Pool Transportation Acquisition of George M. Carroll Transportation Approved
On August 18, 2025, Van Pool Transportation LLC (Van Pool) and AG Van Pool Holdings, LP (AG Holdings) (collectively, Applicants), both noncarriers, filed an application to acquire control of an interstate passenger motor carrier, George M. Carroll Transportation, Inc. dba George M. Carroll Inc. (GMCT), from its sole shareholder, John Schindler (Seller). The Board is tentatively approving and authorizing the transaction. If no opposing comments are timely filed, this notice will be the final Board action.
Learn More⚖️Early Termination of Premerger Waiting Period Notifications
The Federal Trade Commission announces early terminations granted for specific mergers and acquisitions, as allowed under Section 7A of the Clayton Act. The document lists transactions approved for expedited review, highlighting the agencies' non-interference during waiting periods, which can facilitate faster business consolidations and market dynamics.
Learn More🚌American Safety Holdings' Acquisition of Dixieland Tours Approved
On June 17, 2025, American Safety Holdings, LLC (Holdings), a noncarrier, and its affiliate American Safety Transit, LLC (Transit), a motor passenger carrier, filed an application for control over substantially all the assets of American-International Travel, Inc. d/ b/a Dixieland Tours and Cruises (Dixieland), a motor passenger carrier. By supplement filed on August 1, 2025, Bricor Energy Group, LLC (Bricor), and Ana Begovich (Begovich), both noncarriers, joined the application, which was supplemented again on August 12, 2025. (Holdings, Transit, Bricor, and Begovich will be collectively referred to as Applicants). Applicants also seek after-the-fact authority for Holdings' prior acquisition of property from New Orleans Tours, Inc. (New Orleans Tours), and its affiliates, Airport Shuttle, LLC (Airport Shuttle), and Car Noir, LLC (Car Noir). The Board is tentatively approving and authorizing these transactions. If no opposing comments are timely filed, this notice will be the final Board action.
Learn More🚍Traxx America Inc. Acquires Beeline Tours Ltd.
On May 21, 2025, TRAXX America Inc. (TAI or the Applicant), a motor passenger carrier, filed an application for approval to acquire all or substantially all of the operating assets of Beeline Tours Ltd. (BTL), also a motor passenger carrier. The Board is tentatively approving and authorizing the transaction subject to Willard Yuill (Yuill) filing to join the application. If Yuill's filing is satisfactory and no opposing comments are timely filed, this notice will be the final Board action.
Learn More🚂Jaguar's Acquisition Exemption for Columbia Basin Railroad
The Surface Transportation Board has approved an exemption for Jaguar's acquisition of Columbia Basin Railroad Company. This transaction, involving noncarrier entities, aims to consolidate control over existing Class III railroads, enhancing operational efficiency and investment without labor protection stipulations for the employees in this sector.
Learn More🏦Notice on Acquisitions and Mergers of Bank Holding Companies
The Federal Reserve System has announced applications for the formation, acquisition, and merger of bank holding companies under the Bank Holding Company Act. Interested parties are invited to comment on these applications, which are available for public inspection. Specific details on the applications and comment submission guidelines are outlined, highlighting the regulatory framework governing these financial activities.
Learn More🏦Change in Bank Control Notices by Federal Reserve
The Federal Reserve System issued a notice regarding applications under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. It emphasizes public participation and compliance standards necessary for such acquisitions, providing insights into regulatory procedures and stakeholder engagement.
Learn More🚫Prohibition of Suirui International’s Acquisition of Jupiter Systems
The Executive Order prohibits Suirui International Co., Limited's acquisition of Jupiter Systems, citing national security concerns. It mandates divestment of assets, including intellectual property, while enforcing stringent compliance measures. The order highlights the U.S. government's authority to regulate foreign investments that may threaten national security, necessitating close oversight of business transactions.
Learn More🚂Norfolk Southern's Control Acquisition of Railway Under Regulatory Review
The Surface Transportation Board (Board) is accepting for consideration the application filed on June 13, 2025, by Norfolk Southern Corporation (NSC) and Norfolk Southern Railway Company (NSR) (collectively, NS or Applicants). Applicants seek the Board's authorization of their acquisition of control of Norfolk & Portsmouth Belt Line Railroad Company (NPBL), a Class III rail carrier operating in Norfolk, Portsmouth, and Chesapeake, Va. This proposal is referred to as the Transaction. The Board finds that the application is complete. The Board, therefore, accepts the application and adopts a procedural schedule for its consideration.
Learn More🏦Change in Bank Control Notices
The Federal Reserve announces new applications under the Change in Bank Control Act related to acquisitions of shares in banks and bank holding companies. It outlines the public comment process, inspection of applications, and disclosure of comments, emphasizing transparency in the regulatory framework. Interested parties can submit their views and obtain application details from respective Federal Reserve Banks.
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