Blue Bird to Acquire Full Ownership of Micro Bird, Expand Market Share

Blue Bird to Acquire Full Ownership of Micro Bird, Expand Market Share

Blue Bird Corporation announced its pending acquisition of the remaining 50-percent equity interest in Micro Bird, a joint venture with Canadian bus manufacturer Girardin Minibus. ​The $198.2 million deal, which values Micro Bird at $429.6 million, is expected to close by the end of the second quarter, pending regulatory approval and customary closing conditions. ​ The Micro Bird brand originated in the mid-1970s, when Blue Bird introduced its f…