Thanks for the link - this article is eye-opening.

Yes, it was a $$ grab by the investment firm that took over in Sept. Transdev, their previous parent co, gave Blackstreet Capital Holdings somewhere around $20ml to take ownership of SuperShuttle. From what I understand Transdev had tax credits coming due from losses they took in previous years and this was an easier out. There were others who were interested and in the game who were going to take less and actually keep it running but they were not considered. Not sure why Transdev didn't take either of those offers. Also, Transdev filed a suit last month in Delaware over a $7ml dispute in working capital adjustments with Blackstreet. Side note, person heading up the takeover from Blackstreet was not nice at all, to be polite.