Is Greyhound Really Going Out of Business? Debunking the Myths and Unveiling the Future The short answer is no, Greyhound is not going out of business. While the iconic bus line has faced significant challenges and undergone major changes in recent years, including an acquisition by FlixMobility, it continues to operate and evolve in the face of a shifting transportation landscape. However, understanding the full picture requires delving into its history, recent developments, and the broader context of the intercity bus travel industry.