Corporate, Securities & Antitrust News
7/1/2009 10:42:56 AM EST
National Express drops London-Edinburgh rail line
LONDON – (AP) National Express Group PLC said Wednesday that it will give up its money-losing franchise to run passenger trains on the London-Edinburgh line, handing it back to a government which refused to renegotiate the company's 1.4 billion pounds ($2 billion) contract.
The company braced for a fight with the government to … Full version (available to lexis.com subscribers) Create an account or login to post comments.