RULE 424(B)(3)
FILE NO. 333-27367
PROSPECTUS
FIFTH SUPPLEMENT TO PROSPECTUS
GREYHOUND LINES, INC.
2,400,000 SHARES OF 8 1/2% CONVERTIBLE EXCHANGEABLE PREFERRED STock
This Fifth 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).......................................... 115,300 115,300
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
DA1:\162068\01\3H1W01!.DOC\50826.0039
<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
Benson Associates, LLC (6)............................................ 20,000 20,000
Monumental Life Company............................................... 100,000 100,000
Peoples Benefit Life Insurance Company................................ 80,000 80,000
---------- ----------
Subtotal..................................................... 2,368,450 2,368,450
Unnamed holders of Preferred Stock or any future transferees, 31,550 31,550
pledgees, donees or successors of or from such unnamed
holders(7).........................................................
Total........................................................ 2,400,000 2,400,000
========= =========
</TABLE>
THE DATE OF THIS FIFTH SUPPLEMENT TO PROSPECTUS IS FEBRUARY 25, 1999
- --------------------------
(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
2
<PAGE>
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 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 shares); Forest
Alternative Strategies Fund II, LP 2A5M (400 shares); Forest Alternative
Strategies Fund II, LP 2B3F (978 shares); Forest Alternative Strategies Fund II,
LP 1A5F (6,200 shares); Forest Global Convertible Fund Series GA5F (5,500
shares); Forest Global Convertible Fund Series GB2F (900 shares); Forest Global
Convertible Fund Series GB3F (400 shares); Forest Global Convertible Fund Series
GB5F (1,100 shares); Forest Performance Fund (1,122 shares); Fox Family
Portfolio Partnership (2,300 shares); Fox Family Foundation (700 shares).
(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) Represents shares beneficially owned by the following accounts for
which Benson Associates, LLC acts as investment advisor: The Cullen Foundation
(1,500 shares); Elks Youth Eye Service (4,000 shares); National Endowment of
Financial Education (2,500 shares); OHS Foundation (2,500 shares); The Regence
Group (3,000 shares); George Washington University (6,000 shares); Whitehead
Trust (500 shares).
3
<PAGE>
(7) 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.
4
