The Nation - News from Feb. 24, 1987

Unionized drivers and other workers of Greyhound Lines Inc. ratified a three-year agreement with the bus line’s prospective new owners that calls for wage concessions of nearly 20%, union and company officials said. The agreement also includes incentive-pay plans that could offset part of the wage cut, they said. The contract was approved by a vote of 3,526 to 1,476, a spokesman for the Greyhound Council of the Amalgamated Transit Union said. Phoenix, Ariz.-based Greyhound Corp. agreed in December to sell the line to an investor group led by Fred G. Currey of Dallas after workers rejected an earlier contract offer.