RICHARD BRANSON GOES INTO PARTNERSHIP WITH STAGECOACH.
Stagecoach chairman Brian Souter (L) and head of the Virgin group Richard Branson pose for photographers as they go into an equity partnership to run the Virgin Rail group, June 22. The diversified British transport group Stagecoach is to buy out the franchise rail operator's institutional shareholders for 158 million pounds and hand the entrepreneur enough extra shares to give him 51 percent and allow him to keep control of the group.
MC/FMS