BRIEF-REV Group To Exit School, Transit Bus Manufacturing

REV Group Inc: * REVENUE GROUP, INC. TO EXIT SCHOOL AND TRANSIT BUS MANUFACTURING AND REORGANIZE INTO TWO REPORTING SEGMENTS; ANNOUNCES A SPECIAL CASH DIVIDEND

* REVENUE GROUP INC: PROPOSED DEAL FOR $303.0 MILLION IN CASH * REVENUE GROUP INC: COMPLETED SALE OF ITS SCHOOL BUS BUSINESS TO FOREST RIVER BUS, LLC

* REVENUE GROUP INC: EXPECTS TO GENERATE AT LEAST $250 MILLION IN NET CASH PROCEEDS FROM ACTIONS * REVENUE GROUP: TO RETURN ABOUT $180 MILLION OF CASH TO SHAREHOLDERS AS SPECIAL CASH DIVIDEND OF $3/SHARE Source text for Eikon: Further company coverage: