Smoky Mountain Stages (the Smoky Mountain Trailways), but not the Carolina Coach Company (the Carolina Trailways) or the Tamiami Trail Tours (the Tamiami Trailways). Thus the Transcontinental Bus System (the Continental Trailways) acquired the other two-thirds of the ownership of the Tennessee Trailways (which had bought the Tennessee Coach Company in 1960) – through its purchase of the Virginia Trailways and the Smoky Mountain Trailways – in addition to the one-third share which already was the property of the Continental Tennessee Lines, already a subsidiary of the Continental Southern Lines, which in turn was a division of the Transcontinental Bus System (the Continental Trailways). Merger into Continental Trailways Eventually in 1976 the Continental Trailways merged the Tennessee Trailways (which had continued to use the brand name of the Tennessee Coach Company) into the Continental Tennessee Lines – at the same time when it merged also the Continental Crescent Lines, another neighboring firm, into the Continental Tennessee Lines. Conclusion Thus finally ended the separate existence or identity of the Tennessee Coach Company. Addendum In 1968 the Holiday Inns of America, based in Memphis, Tennessee, bought the Transcontinental Bus System (the Continental Trailways), then later renamed it as the Trailways, Inc., TWI. In 1979 the Holiday Inns sold the TWI to a private investor, Henry Lea Hillman Sr., of Pittsburgh, Pennsylvania. In 1987 The Greyhound Corporation, the original umbrella Greyhound firm, which had become widely diversified far beyond transportation, sold its entire highway-coach operating business (its core bus business) to a new company named as the Greyhound Lines, Inc., GLI, based in Dallas, Texas. The buyer was a separate, independent, unrelated firm, which was the property of a group of private investors under the promotion of Fred Currey, a former executive of the Continental Trailways (later renamed as the Trailways, Inc., TWI, also based in Dallas), which was the largest member company in the National Trailways trade association. Later in that same year, 1987, the Greyhound Lines, Inc., the GLI, the new firm based in Dallas, further bought the Trailways, Inc., the TWI, its largest competitor, and merged it into the GLI. The lenders and the other investors of the GLI ousted Fred Currey as the chief executive officer (CEO) after the firm went into bankruptcy in 1990. The GLI has continued to experience difficulties and lackluster performance under a succession of new owners and new executives, while continuing to reduce its