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You are here: Experts > Money > Stocks > Financial Stocks > Greyhound stock
Expert: Paul Henneman
Date: 5/7/2008
Subject: Greyhound stock
Question
I worked for Greyhound Lines in 1990 and in 1991 the company filed bankruptcy, I was given one share of Greyhound Lines stock in lieu of payment. I was sent a letter from Harris Trust & Savings Bank 'Notice to holders of interest in Greyhound Lines, Inc. fractional note pool' saying I was entitled to a cash distribution from the pool, unfortunately I can not find that share of stock, either I lost it or they bought it back. How can I verify that I still own that share or it was bought back? thanks
Answer
Charles,
Thank you for your question! Your only chance for success on this would be to contact the company to see if they have a record of your share of ownership on file. I did find this link on the Greyhound website that has their contact information:
http://www.greyhound.com/home/en/ContactUs.aspx
I was not able to find any information that would indicate that Greyhound is a publicly traded stock. Unless I simply could not find it, this means that either the company was public and no longer is, or you were issued one share of ownership in a private company. This would be an important question to ask when you speak with them, if the company is public it would be relatively easy to sell your share. If the company is private, it would be much more difficult to do anything with that share of ownership, unless the company is willing to buy it back.
I hope this helps gets you started, please do not hesitate to follow up with me if I can be of any additional service.
Sincerely,
Paul Henneman
President
ValuEngine Inc
www.ValuEngine.com
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