RULE 424(B)(3)
FILE NO. 333-27367
PROSPECTUS
FOURTH SUPPLEMENT TO PROSPECTUS
Greyhound Lines, Inc.
2,400,000 Shares of 8 1/2% Convertible Exchangeable Preferred Stock
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This Fourth Supplement to Prospectus amends and supplements
the Prospectus, dated June 30, 1997 (the "Prospectus"), of Greyhound Lines, Inc.
(the "Company") relating to the offering from time to time by certain selling
stockholders (the "Selling Securityholders") of (i) up to 2,400,000 shares (the
"Shares") of 8 1/2% Convertible Exchangeable Preferred Stock, liquidation
preference $25.00 per share (the "Preferred Stock"), of Greyhound Lines, Inc.
(the "Company"), (ii) up to $60.0 million aggregate principal amount of 8 1/2%
Convertible Subordinated Notes due 2009 (the "Exchange Debentures") of the
Company, issuable upon exchange of the Preferred Stock and (iii) up to
12,307,692 shares (subject to adjustment) of Common Stock, par value $.01 per
share (the "Common Stock"), of the Company, issuable upon conversion of the
Preferred Stock or the Exchange Debentures.
Change In Selling Securityholder Information
The following table sets forth the name of each Selling
Securityholder and the relationship, if any, of each Selling Securityholder with
the Company and (i) the number of shares of Preferred Stock owned by each
Selling Securityholder (assuming no shares have been sold since the date on
which such securityholder provided such information to the Company) and (ii) the
number of shares of Preferred Stock which may be offered for the account of such
Selling Securityholder under this Prospectus.
<TABLE>
<CAPTION>
Number Of Number Of
Shares Of Shares Of
Preferred Stock Preferred Stock
Name Of Selling Securityholder Owned Offered Hereby
- ------------------------------ ----- --------------
<S> <C> <C>
Snyder Capital Management(1).......................................... 606,500 606,500
Shepherd Investments International Ltd................................ 212,500 212,500
Stark International................................................... 212,500 212,500
Natwest Securities Limited............................................ 200,000 200,000
Camden Asset Management LP............................................ 80,000 80,000
Primerica Life Insurance Company...................................... 61,000 61,000
The Travelers Indemnity Company....................................... 61,000 61,000
Bear, Stearns & Co., Inc.(2).......................................... 111,300 111,300
Delaware Group Dividend and Income Fund, Inc.......................... 53,500 53,500
Millennium Trading Co. L.P............................................ 45,000 45,000
JMG Capital Partners L.P.............................................. 40,000 40,000
BTR Capital Management, Inc........................................... 30,000 30,000
Delaware Group Global Dividend and Income Fund, Inc................... 26,500 26,500
Gulf Insurance Company................................................ 26,500 26,500
KA Trading L.P........................................................ 26,400 26,400
GP2 Trading........................................................... 25,000 25,000
<PAGE>
Number Of Number Of
Shares Of Shares Of
Preferred Stock Preferred Stock
Name Of Selling Securityholder Owned Offered Hereby
- ------------------------------ ----- --------------
Forest Investment Management Corporation(3)........................... 20,600 20,600
Fortis Benefits Insurance Company..................................... 20,000 20,000
Baird, Patrick & Co. Inc.............................................. 17,500 17,500
The Travelers Insurance Company....................................... 15,000 15,000
Triton Capital Investments............................................ 15,000 15,000
KA Management Limited................................................. 13,600 13,600
National Benefit Life Insurance Company............................... 13,600 13,600
Swiss Bank Corporation (London)....................................... 12,000 12,000
Mega Life & Health Insurance.......................................... 10,000 10,000
Palladin Partners, L.P................................................ 8,000 8,000
Colonial Penn Life Insurance Co....................................... 8,000 8,000
Colonial Penn Insurance Co............................................ 8,000 8,000
Glen Eagles Fund Ltd.................................................. 8,000 8,000
Ramius Fund, Ltd...................................................... 8,000 8,000
Maxwell Gluck Foundation.............................................. 8,000 8,000
American Health & Life Insurance Company of Maryland.................. 6,500 6,500
South Ferry #2, L.P................................................... 6,200 6,200
Chesed Congregation................................................... 2,000 2,000
Strategic Restructuring Fund.......................................... 1,000 1,000
Mirala Investments.................................................... 1,000 1,000
Hempshire Associates.................................................. 1,000 1,000
Andy Warhol Foundation................................................ 800 800
LLT Limited........................................................... 800 800
RBC Dominion Securities Inc.(4)....................................... 350 350
Cumberland Partners................................................... 43,500 43,500
Cumberland International N.V. ........................................ 4,900 4,900
C-Valor Ltd........................................................... 1,900 1,900
Long View Partners.................................................... 9,000 9,000
Bernard Selz.......................................................... 35,000 35,000
Selz Foundation....................................................... 17,500 17,500
Lateef Management Associates(5)....................................... 10,000 10,000
Lehman Brothers Inc................................................... 20,000 20,000
---------- ----------
Subtotal..................................................... 2,164,450 2,164,450
Unnamed holders of Preferred Stock or any future transferees, 235,550 235,550
pledgees, donees or successors of or from such unnamed
holders(6).........................................................
Total........................................................ 2,400,000 2,400,000
========= =========
</TABLE>
The Date Of This Fourth Supplement To Prospectus Is November 17, 1998
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(1) Represents shares beneficially owned by the
following accounts for which Snyder Capital Management acts as
investment advisor: CBBB Cotenancy (6,200 shares); East Bay
Community Foundation (6,200 shares); East Oakland Youth
Development Foundation (3,800 shares); Horowitz Limited
Partnership I (3,600 shares); Donald G. Linker, M.D. (700
shares); Albert L. Luce, Jr. (3,400 shares); Melinda E.
Maxfield Trust (900 shares); John Robert Maytag (3,300
shares); Radiology Group of New Brunswick Pension Plan (1,700
shares); Radiology Group of New Brunswick Profit Sharing Plan
(1,800 shares); OS Ventures (2,900 shares); Radiology
2
<PAGE>
Associates Employee Benefit Plan, Little Rock (5,700 shares);
Ridgeway/Floum Profit Sharing Plans (3,000 shares); Christine
Russell Revocable Trust (11,500 shares); Jeffrey Rymer (800
shares); Milton J. Schwartz Revocable Family Trust (2,700
shares); Stirling Partners (30,100 shares); Stoel Rives Boley
Jones & Grey (9,000 shares); Clorox Co. Foundation (3,300
shares); Corlon Associates, I (8,900 shares); S&J Partners
(2,900 shares); American Stores Retirement Portfolio (29,600
shares); Associated Jewish Charities of Baltimore (8,600
shares); Barbara K. Brown, Trustee of Trust A (3,500 shares);
Clorox Co. Employee Benefits (10,000 shares); Cowles
Investment Partnership (4,400 shares); Southwest Franciscan
Missions, Inc. (3,600 shares); Guide Dogs for the Blind
(12,300 shares); N.B. Giustina Trust (4,100 shares); The
Trustees of Hamilton College (20,600 shares); Jicarilla Apache
Tribe (41,800 shares); Peyton Anderson Foundation (6,200
shares); Radiology Medical Group Profit Sharing - San Diego
(1,100 shares); Western Cancer Center Medical Group P/S (1,500
shares); Riverside Church (16,200 shares); Ronald Family Trust
A (22,200 shares); Zellerbach Family Fund (5,700 shares);
University of Oregon Foundation (5,900 shares); Michigan State
University (9,500 shares); Metropolitan Museum of Art (19,200
shares); Cheyne Walk Trust (17,400 shares); James Irvine
Foundation (22,600 shares); The Henry J. Kaiser Family
Foundation (13,800 shares); Citibank, et al. Employees
Retirement Plan (74,600 shares); Duke University Employees
R.P. (5,000 shares); Duke University Long Term Pool (24,700
shares); Alsam Foundation (3,700 shares); JMB Children's
Holding Co. (14,700 shares); S.C. Johnson Retirement Plan
(6,100 shares); Southern Methodist University (6,100 shares);
University of North Carolina at Chapel Hill Investment Fund
(12,800 shares); University of Washington Endowment Fund
(9,500 shares); Discovery Group of Funds (6,700 shares);
Skaggs Family Foundation (2,800 shares); Glaxo Welcome
Benefits Plan (16,500 shares); Cogen Technologies Financial
Partnership (8,600 shares); Indiana University Foundation
(13,000 shares); Beth Israel Deaconess Medical Center R.P.
(1,900 shares); BTC Partners, LLP (7,600 shares).
(2) Bear, Steams & Co. Inc., an affiliate of Bear
Steams Securities Corp., acted as initial purchaser for the
Offerings and has performed other investment services for the
Company for which it has received customary fees.
(3) Represents shares beneficially owned by the
following funds and accounts for which Forest Investment
Management Corporation acts as investment manager: Forest
Alternative Strategies Fund II, LP 2A5I (1,000); Forest
Alternative Strategies Fund II, LP 2A5M (400); Forest
Alternative Strategies Fund II, LP 2B3F (978); Forest
Alternative Strategies Fund II, LP 1A5F (6,200); Forest Global
Convertible Fund Series GA5F (5,500); Forest Global
Convertible Fund Series GB2F (900); Forest Global Convertible
Fund Series GB3F (400); Forest Global Convertible Fund Series
GB5F (1,100); Forest Performance Fund (1,122); Fox Family
Portfolio Partnership (2,300); Fox Family Foundation (700).
(4) Represents shares held for the account of Mrs.
Rhoda Lindzon.
(5) Represents shares beneficially owned by Deborah
Ann Levy for which Lateef Management Associates acts as
investment advisor.
(6) No such holder may offer Preferred Stock pursuant
to this Prospectus until such holder is included as a Selling
Securityholder in a supplement to this Prospectus.
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