Blue Bird Tender Offer to Buy up to $50 Million of its Capital Stock at $28

FORT VALLEY, Ga. — Blue Bird Corp. (NASDAQ: BLBD) announced today that it is commencing a tender offer to purchase up to $50 million in aggregate value of shares of its (i) common stock at a price of $28.00 per share, and (ii) 7.625% Series A Convertible Cumulative Preferred Stock, at a price of $241.69 per share, which is equal to the common stock offer price multiplied by 8.6318.

U.S. is Now the No. 1 Crude Oil Producer in the World

It’s official: The U.S. is now the top global producer of crude oil for the first time since 1973, according to preliminary estimates released by the U.S. Energy Department. This is good news for future diesel fuel prices nationwide.

  • Published in Blogs

U.S. Senate Honors School Bus Safety in September

The U.S. Senate voted unanimously to endorse the Child Safety Network’s Safe Bus campaign, after “many months of effort and review by various federal committees,” participants reported.

  • Published in News

Township H.S. District 211 Adds Propane Buses

PALATINE, Ill. — Township High School District 211 has added 15 propane autogas-fueled buses to its fleet for the 2018-19 school year. These Blue Bird Vision Propane Type C models reduce operating costs and help the school district lower its carbon footprint.