1
EXHIBIT 2.2
[XXXXXXX INC. LETTERHEAD]
January 26, 1999
via mail and fax
000-000-0000
Xx. Xxxxx X. Xxxxxxxx
President and
Chief Executive Officer
Greyhound Lines, Inc.
00000 X. Xxxxxx Xxxxxxx
Xxxxxx, Xxxxx 00000
Dear Xx. Xxxxxxxx:
We refer to the Amended and Restated Agreement and Plan of Merger by
and among Xxxxxxx Inc., Xxxxxxx Transit Acquisition Corp. and Greyhound Lines,
Inc. dated as of November 5, 1998. Xxxxxxx Inc. hereby gives notice that it will
not elect to satisfy any of the Merger Consideration with its common shares as
provided in Section 1.6(b) of the Merger Agreement and irrevocably waives its
entitlement to make such an election.
Yours very truly,
XXXXXXX INC.
/s/ Xxxxx X. Xxxxxxx
Xxxxx X. Xxxxxxx
President and
Chief Executive officer
JRB/jm
cc: via fax 000-000-0000
Xx. Xxxxxx X. Xxxxxxxx, Esq.
Jones, Day, Xxxxxx & Xxxxx