Acadian Bus Lines Closure as of November 30th, 2012 [Updated]

The buses have been running since the middle of May after a six month Lock Out/Work Stoppage. As a reminder they threatened to go on strike, and in return the company locked the employees out. Months of negotiations went horribly wrong due to the negligence of both sides until a new Vice President stepped in, and the lock out ended.
A few days ago this notice appeared on the Acadian website upon entering it. Highlighted along the top is a closure date of November 30th. They company is in debt, more so then they would probably like to admit to the public. As of the work stoppage they lost out on Christmas, Easter, March Break, and the End of the School year regulars they would have received. Since they have returned their service the company has had to cut several routes, as well as schedules due to lack of employees. This is going to affect all of the Maritimes this time, including Nova Scotia which was lucky enough to have a different union during the lock out, and received raises unlike New Brunswick, and Prince Edward Island. Around 120 employees will be losing their jobs as of the closure. Acadian Bus Lines Shutting Operations by November - Prince Edward Island - CBC News is a shorter article which entails most of the information from the notice on the site.
As the lock out occurred several companies tried to step in but the government would not allow it. Acadian was still around technically, and paying the government. With Acadian leaving completely there is more of a chance that a new company will step in. Trius a tour bus company is already planning to attempt that as noted in this article: Trius Bus Company Plans  to Fill Void Left by Acadian - New Brunswick - CBC News.
N.S. Government, Union Open to talks with Acadian Lines - Prince Edward Island - CBC News This last article entails the fact that Acadian might have been able to stay afloat if the government would allow them to change some of the routes that are existing. There are times when there are only two, or three customers on the bus, and personally I have been in that situation before.
This announcement is the beginning of a lot of turmoil. Personally I am upset because that is how I get home for Christmas, and once again this year I will be fighting to get home. Now once again not to mention all the other students who depend upon a bus system. The VIA Rail does not go to every single city in Nova Scotia, and New Brunswick, and not to mention there no longer is a train to the Capital of New Brunswick, and there hasn't been for at least 20 years. Hopefully another bus system can step in, and everything will be okay.

--{UPDATE}--
There has been news of VIA Rail helping out a new bus company if we get another one in the Maritimes because VIA Rail has not been doing well financially either lately.