Troubled MTR Western to be sold for $5M
Documents in a bankruptcy filing show MTR Western, the transit company owned by Frederick Berg, will be sold to Seattle-based GTO for $5 million.
Documents in a bankruptcy filing show MTR Western, the transit company owned by Frederick Berg, will be sold to Seattle-based GTO for $5 million.
A Seattle, WA-based investor group has signed a letter of intent to purchase the Washington, California and British Columbia operating assets of bankrupt MTR Western.
A Seattle bankruptcy attorney now oversees the personal Chapter 11 bankruptcy filing of Frederick Darren Berg, who owns MTR Western, one of the largest luxury charter motorcoach companies in the country.