Continental Trailways, one of the biggest U.S. bus lines, also has a big weakness: its routes are chiefly between Denver and Chicago and the Gulf. It has only one route to the West Coast (to Los Angeles), and none at all to the East. To get its passengers there, it has to turn them over to competitors.
Last week Continental's President Maurice E. (for Edwin) Moore announced a plan to bolster his bus line at both ends and in the middle. Through a stock swap deal, he would take over the 14,000-mile American...
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