UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
DECEMBER 19, 2002
Date of Report (Date of earliest event reported)
Commission file number 1-10841
GREYHOUND LINES, INC.
and its Subsidiaries identified in Footnote (1) below
(Exact name of registrant as specified in its charter)
DELAWARE 86-0572343
(State or other jurisdiction of (I.R.S. employer
incorporation or organization) identification no.)
15110 N. DALLAS PARKWAY, SUITE 600
DALLAS, TEXAS 75248
(Address of principal executive offices) (Zip code)
(972) 789-7000
(Registrant's telephone number, including area code)
NONE
(Former name, former address and former fiscal year,
if changed since last report)
CO-REGISTRANTS
This Form 8-K is also being filed by the following entities. Except as set forth
below, each entity has the same principal executive offices, zip code and
telephone number as that set forth for Greyhound Lines, Inc. on the cover of
this report:
<Table>
<Caption>
I.R.S. EMPLOYER JURISDICTION
COMMISSION IDENTIFICATION OF
NAME FILE NO. NO. INCORP.
- ---- ---------- --------------- ------------
Atlantic Greyhound Lines of Virginia, Inc. 333-27267-01 58-0869571 Virginia
GLI Holding Company 333-27267-04 75-2146309 Delaware
Greyhound de Mexico, S.A. de C.V. 333-27267-05 None Republic of Mexico
Sistema Internacional de Transporte de Autobuses, Inc. 333-27267-08 75-2548617 Delaware
802 Commerce Street, 3rd Floor
Dallas, Texas 75201
(214) 849-8616
Texas, New Mexico & Oklahoma Coaches, Inc. 333-27267-10 75-0605295 Delaware
1313 13th Street
Lubbock, Texas 79408
(806) 763-5389
T.N.M. & O. Tours, Inc. 333-27267-11 75-1188694 Texas
(Same as Texas, New Mexico & Oklahoma Coaches, Inc.)
Vermont Transit Co., Inc. 333-27267-12 03-0164980 Vermont
345 Pine Street
Burlington, Vermont 05401
(802) 862-9671
</Table>
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GREYHOUND LINES, INC. AND SUBSIDIARIES
ITEM 5. OTHER EVENTS
On December 19, 2002, Laidlaw Inc. ("Laidlaw"), the ultimate parent company of
Greyhound Lines, Inc. and subsidiaries ("Greyhound"), announced that in recent
weeks Laidlaw has been in discussion with the Pension Benefit Guaranty
Corporation, a United States government corporation that administers the
mandatory termination insurance program for defined benefit pension plans under
the Employee Retirement Income Security Act. These discussions centered on
claims asserted by the PBGC against Laidlaw in Laidlaw's U.S. bankruptcy
proceedings regarding funding of the Greyhound pension plans. Laidlaw and the
PBGC have orally agreed to resolve the claims of the PBGC, subject to
negotiation and execution of a definitive agreement. The terms of this
agreement, in essence, provide for Laidlaw to contribute an aggregate amount of
$150 million to the Greyhound pension plans, in excess of otherwise required
minimum contributions. This amount will be contributed as follows:
-$50 million in cash on Laidlaw's exit from bankruptcy protection,
-$50 million in cash in June 2004,
-$50 million from the sale of Laidlaw stock placed in trust upon
Laidlaw's exit from bankruptcy and sold over the period to December 30,
2004.
Laidlaw further announced that they anticipate that, with the completion of this
agreement, Laidlaw will emerge from bankruptcy protection by March 31, 2003.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: December 19, 2002
GREYHOUND LINES, INC.
By: /s/ Jeffrey W. Sanders
----------------------------------------------------
Jeffrey W. Sanders
Senior Vice President and Chief Financial Officer
ATLANTIC GREYHOUND LINES OF
VIRGINIA, INC.
By: /s/ Jeffrey W. Sanders
----------------------------------------------------
Jeffrey W. Sanders
Senior Vice President and Chief Financial Officer
GLI HOLDING COMPANY
By: /s/ Jeffrey W. Sanders
----------------------------------------------------
Jeffrey W. Sanders
Senior Vice President and Chief Financial Officer
GREYHOUND de MEXICO, S.A. de C.V.
By: /s/ Cheryl W. Farmer
----------------------------------------------------
Cheryl W. Farmer
Examiner
SISTEMA INTERNACIONAL de TRANSPORTE de AUTOBUSES, INC.
By: /s/ Cheryl W. Farmer
----------------------------------------------------
Cheryl W. Farmer
Senior Vice President and Chief Financial Officer
TEXAS, NEW MEXICO & OKLAHOMA
COACHES, INC.
By: /s/ Jeffrey W. Sanders
----------------------------------------------------
Jeffrey W. Sanders
Senior Vice President and Chief Financial Officer
T.N.M. & O. TOURS, INC.
By: /s/ Jeffrey W. Sanders
----------------------------------------------------
Jeffrey W. Sanders
Senior Vice President and Chief Financial Officer
VERMONT TRANSIT CO., INC.
By: /s/ Jeffrey W. Sanders
----------------------------------------------------
Jeffrey W. Sanders
Senior Vice President and Chief Financial Officer
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