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companies in the passenger and school bus transportation
businesses. LTI's consolidated group included Transit and Tree.
LTI owned 76 to 79 percent of the stock of LII during the
years in issue and before December 16, 1987. The other LII stock
was publicly held. LII bought the publicly held stock on
December 16, 1987. After that date, LTI was the parent of the
U.S. consolidated group that included LII. LII was a holding
company for U.S. companies in the solid and (after October 1986)
hazardous waste services business, including LWSI.
B. LTL
1. Michael George DeGroote (DeGroote)
DeGroote and his family moved from Belgium to Canada in 1948
when he was 14. In the 1950's, DeGroote started a construction
business in Elliot Lake, Canada. In 1959, he moved his business
to Sault Sainte Marie, Canada, and built sewers, roads, and
highways.
In 1959, DeGroote bought all of the stock of Laidlaw Motor
Sales, Ltd., an Ontario, Canada, trucking corporation; Laidlaw
Motors, a retail truck parts business; and Hepburn Transport
Ltd., a Canadian trucking company. In 1966, Hepburn Transport
Ltd. merged with Laidlaw Motor Sales, Ltd., which later became
LTL.4 DeGroote was president and chairman of LTL from the time
it was formed until August 1, 1990.
4 On Jan. 1, 1990, LTL changed its name to Laidlaw Inc.
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