OTHER NEWS - Aug. 12, 1991

Union Says Firm Will Bid for Greyhound: An investment firm and former Greyhound Lines Inc. Chairman James Kerrigan have proposed to buy the bus company and put striking drivers back to work, according to W. R. Gibson, president of Amalgamated Transit Union Local 1313, the drivers’ union. The union signed a labor agreement with the firm--Richmont Corp., an affiliate of Dallas-based cosmetics manufacturer Mary Kay Corp.--on Friday, Gibson said. Richmont executives were unavailable for a statement, and a Greyhound spokesman who confirmed that the company was aware of the move, declined further comment.