In the latest Long Island Bus takeover news, Newsday reports that the parent company of the private bus company that is scheduled to take over for the MTA on January 1st, has declared that it intends to put the transportation arm of its company up for sale, and get out of the transportation business.
Nassau County Executive Edward Mangano is scrambling to figure out what to do before the January 1st takeover. The MTA has said it would be willing to continue (for a fee) and previous bidders for the privatization are again offering bids.
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