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The agents of Mayflower Transit Inc. have joined forces with Baltimore-based Alex Brown & Sons Inc. to make a bid for the moving company.
Mayflower Transit's parent, Carmel-based Mayflower Group Inc., announced Aug. 5 that it was considering selling all or part of its operations. Besides Mayflower Transit, Mayflower Group owns Mayflower Contract Services Inc., which provides transportation services for school corporations and public transportation systems.
Pat Dugan, attorney for the Mayflower Warehousemen's Association, said a formal bid for Mayflower Transit was submitted Nov. 10. Sources said Mayflower responded to the bid late last week, but IBJ was unable to confirm the reports by deadline.
"As soon as we have something to announce, we'll announce it," said Robert H. Irvin, Mayflower's senior...