 The bid from Fosen involved them purchasing 66% of the company, while the other bids were for 100% of the shares.Fosen also proposed transferring Fosen's and Fosen's largest owner, Torghatten Trafikkselskap's bus divisions to TrønderBilene, and base the new company in Steinkjer.On 20 January 1999, the county council approved the Fosen bid, who paid NOK 29.7 million for the company.