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To be included, an operating company or REIT must be an equity owner and operator of commercial or residential real estate and must generate at least 75 percent of its revenue from such assets or operations.
These outside directors are recruited not for their names, their reputations or their "contacts"; they are recruited for their intellect, their experience, their willingness to get deeply involved in an entrepreneurial enterprise (which is the essence of each Acordia operating company), and their willingness to develop the operating company CEOs to their full potential.
The sandbag represented the most effective way operating company heads believed they should package budget proposals and capital requests: by trying to "sandbag" the CFO into seeing things their way.
Says John Matze: "Siafu's sophisticated but easily managed iSCSI storage finally delivers what mid-sized businesses like J-W Operating Company have been waiting for: IP storage with high-end features delivered at IP prices.
As part of the permanent financing plan, BAM intends to refinance a majority of the acquisition debt and move it to the operating company level, which will increase leverage and weaken the company's credit protection measures.
The purpose of our enterprise GIS was to consolidate resources, provide a common architecture and support structure, streamline costs, and provide better value to each operating company.
ARC), a SVXA operating company, is working on the recovery of HMS Fantome, one vessel in a convoy of "plunder ships", which evidence indicates was carrying looted treasures from Washington, DC landmarks after the British invasion in 1812.
In addition, Fitch has downgraded the ratings on $262 million of operating company debt, including Alltel Georgia and Alltel Communications Holdings Company of the Midwest, to 'BBB-' from 'A'.