CORRECTED-FACTBOX-British owner puts long-running Greyhound buses up for sale

Intercity bus service Greyhound, which has been travelling American highways for more than a century, is up for grabs again after British owner FirstGroup said it is looking to sell the business.

Greyhound is the largest operator of scheduled intercity coaches in North America, carrying around 17 million passengers a year and serving some 2,400 destinations but faces tough competition from low-cost airlines. Following are some key dates from the company's history https://web.archive.org/web/20140216210839/http://www.greyhound.com/en/about/historicaltimeline.aspx.

1914 The bus operator traces its roots back to 1914 in Hibbing, Minnesota when Swedish immigrant Carl Eric Wickman began transporting miners for 15 cents a ride.

1934 The Academy Award winning movie "It Happened One Night," starring Clark Gable and Claudette Colbert, prominently featured a Greyhound bus in the story, helping to spur interest in bus travel nationwide.

1939 Greyhound was chosen as the official bus carrier of the World's Fair in New York that year.

1941 Greyhound acquired 80% of Western Canadian Greyhound Lines and a 10% ownership in Motor Coach Industries, Canada's largest bus builder.

1961 Greyhound began manufacturing its own buses.

1983 Greyhound endured a seven-week strike over proposed wage cuts for its unionised employees.

1987 The Greyhound Corporation divested its U.S. bus operations. The new company, Greyhound Lines Inc established its headquarters in Dallas.

1990 Greyhound Lines' unionised workforce began a strike that continued for three years. As a result of mounting losses, Greyhound Lines filed for reorganisation under Chapter 11 of the U.S. Bankruptcy Code while bus operations continued.

1991 Greyhound emerged from bankruptcy reorganisation and Frank Schmeider was named its new CEO.

1993 Greyhound drivers finally ended their strike.

1998 Greyhound unions ratified a six-year labour agreement, averting a repeat of the labour strife seen in 1983 and 1990.

1999 Greyhound Lines' equity shareholders agreed to a merger with Laidlaw Inc, bringing together the U.S. and Canadian bus lines for the first time under one CEO.

2007 On Oct. 1, Greyhound's parent company, Laidlaw International was acquired by FirstGroup who paid $2.8 billion for Laidlaw's shares and took on $800 million of Laidlaw debt.

2015 FirstGroup became the first international coach operator to launch domestic services in Mexico.

2019 Owner FirstGroup commences the process to sell Greyhound.