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Topic: Divestiture

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	Texas Generation Divestiture (Site not responding. Last check: 2007-10-22)
		Consequently, an analysis of generation divestiture must focus both on the horizontal concentration that can lead to the exercise of unilateral or conspiratorial market power and on the ability of vertically-integrated utilities to use their ownership of essential transmission and distribution facilities to degrade or destroy their rivals’ competitive viability in a retail choice environment.
		The divestiture should be accomplished in a manner similar to that proposed to attack horizontal market power except that the integrated utilities should not retain any generation and the share currently slotted to be retained by them should be divested in addition to the other shares.
		This divestiture should be conducted in sufficiently small and numerous parts that the market HHI is satisfactorily reduced, namely, to about 1,000, which is the upper bound of the unconcentrated market classification of Justice Department Guidelines.
	www.opc.state.tx.us /Wilson~1.htm (7622 words)

	Divestiture - Competition or Nationalization
		The whole purpose of vertical divestiture is to try to create a real, honest to goodness crude oil market, a market in which producers will offer their oil to all refiners large and small according to their refining capacity and their desire to bid for that oil.
		I again indicate that divestiture is only one of nine proposals which I would have, all of which would have an impact and effect on the market to make it harder for the Saudis to know what to do.
		Divestiture takes away the very essence to find oil and gas which is our only, only immediate source of energy for the country today.
	www.geonius.com /family/dad/gpa.html (6987 words)

	Evans Lansing Smith: Doorways, Divestiture, and the Eye of Wrath: Tracking an Archetype
		A further connection is suggested by the shared motifs of divestiture: Inanna is stripped down at each of the seven gateways, but Beauty is stripped down as she passes through the final door of the sequence, only to be re-clothed in glory.
		This is a divestiture characteristic of the stripping down phase of the hero’s descent, leading to a re-investiture in the royal robes of the award ceremony in the Cathedral at the end of the film.
		The metaphorical imagery of doorways and divestiture is not, of course, restricted to artistic manifestations.
	www.janushead.org /JHSumm99/smith.cfm (4668 words)

	Position paper on Divestiture of Electric Utility Generation Assets
		For example, in the case of divestiture of a large amounts of assets, it may be appropriate to require that the assets be sold to different buyers or to limit the magnitude of capacity sold to any one purchaser so as not to create a new monopoly power.
		Divestiture by sale or by assignment of a utility's purchased power contracts could be particularly valuable, if legally permissible under the purchased power contract, because the buyer (assignee) might find greater value in the contract and/or might see greater opportunities for mitigation than the utility does.
		Divestiture itself encompasses a wide range of costs, which were identified in one utility's divestiture application as including: (1) direct transaction costs such as investment banker, attorney and consultant fees, costs of environmental assessments, title reports, permits and filing fees and taxes and (2) environmental remediation costs and (3) worker benefits.
	www.rpa.state.nj.us /divestit.htm (18457 words)

	Certificates of divestiture,
		In the case of a divestiture required by a congressional committee as a condition of confirmation, the designated agency ethics official must submit appropriate evidence that the committee requires the divestiture.
		In the case of divestiture of property held in a trust, the employee must submit a copy of the trust instrument, as well as a list of the trust's current holdings, unless the holdings are listed on the employee's most recent financial disclosure report.
		In certain cases involving divestiture of property held in a trust, the Director may not issue a Certificate of Divestiture unless the parties take actions which, in the [[Page 1957]] opinion of the Director, are appropriate to exclude, to the extent practicable, parties other than eligible persons from benefitting from the deferral of capital gains.
	thefederalregister.com /d.p/2004-01-13-04-685 (3643 words)

	Full or partial divestiture
		Divestiture of water and sewerage assets—through a sale of assets or shares or through a management buyout—can be partial or complete.
		A divestiture leaves the government only the task of regulation, since, in theory, the private company should be concerned about maintaining its asset base.
		Where the public sector utility is technically capable, for example, divestiture by sale of shares or management buyout may produce the required efficiency gains without involving the foreign water conglomerates that typically dominate bids for concessions.
	www.worldbank.org /html/fpd/water/wstoolkits/Kit1/kitone8.html (396 words)

	FAQ - Certificate of Divestiture (Site not responding. Last check: 2007-10-22)
		A Certificate of Divestiture is a document issued by the Director of the Office of Government Ethics that will allow, for those who are eligible, the sale of property without currently paying capital gains tax.
		Our experience indicates that many of these situations involve small holdings, and the individuals conclude that they wish to avoid the burdens of participating in the process of requesting a CD and the additional personal tax filing that is required (IRS Form 8824), as well as to avoid the restrictions on reinvestments.
		Frequently, divestiture issues will also involve other family members whose interests are attributable to a present or prospective executive branch employee, and the issues may at times affect the estate plans implemented by additional family members such as parents and grandparents of the employee or his spouse.
	www.afmc.wpafb.af.mil /HQ-AFMC/JA/lo/lojaf/ethics/faq/divest.htm (3118 words)

	Antitrust Divestiture in Network Industries (Site not responding. Last check: 2007-10-22)
		In this Article, we propose a framework for assessing the costs and benefits of different remedies, particularly divestiture, in monopolization cases involving network industries.
		After developing our framework, we apply it to the divestiture proposals made by the government and others in the Microsoft case.
		We argue that those proposals leave open important questions that must be answered before divestiture can be shown to be either the best remedial alternative or to create likely net gains in economic welfare.
	lawreview.uchicago.edu /issues/archive/v68/winter/antitrust.html (163 words)

	Asset Review and Divestiture Commission (Site not responding. Last check: 2007-10-22)
		Members from the Bay Area are likely to resist the divestiture of San Quentin Correctional Institution, despite the dramatic cost savings potential through disposal and relocation of the prison.
		To achieve the goals of focusing government on core-mission activities and ensure that only assets necessary to support these activities are held by the state, California needs a mechanism similar to BRAC that addresses both the process challenges and which can overcome the political hurdles.
		The extent and timing of potential cost savings, including whether the total cost savings from the divestiture will, by the end of the 6-year period beginning with the date of the divestiture of the asset, exceed the amount expended in the disposal.
	www.rppi.org /brac.shtml (3157 words)

	Thelen Reid & Priest LLP Law Firm: Articles: Energy Notes, Fall 1999 (Site not responding. Last check: 2007-10-22)
		Developers should be sure that they have allocated enough time, and that they have enough patience, to see the process through to its conclusion.
		Some utilities are recovering these stranded costs by either mandatory or voluntary divestiture of generation assets.
		In California, the divestiture program was so successful, realizing 1.5 to 6 times book value, that Greg Conlon, a California PUC commissioner until January 1999, predicted that the rate freeze in California would end in April 2000, two years earlier than expected.
	www.thelenreid.com /articles/article/art_69_idx.htm (7758 words)

	AT&T Divestiture (Site not responding. Last check: 2007-10-22)
		The suit asks for the divestiture of Western Electric and "some or all of the Bell Operating Companies." For the next several years, the parties argued jurisdictional issues and undertook a lengthy discovery process, delaying the start of the trial until 1981.
		By the time divestiture occurs, ATandT will already be in the new CPE and enhanced services businesses through its subsidiary, American Bell Inc., as required by the Federal Communications Commission's Second Computer Inquiry order.
		The outcome of the divestiture process will be the creation of the seven regional holding companies, each of which will own the operating companies in its region.
	www.bellsystemmemorial.com /att_divestiture.html (8353 words)

	Chomsky’s Immoral Divestiture Petition
		I was not surprised therefore to learn that he is the inspiration behind the foolish and immoral campaign for divestiture.
		He is also joined by a motley assortment of knee-jerk anti-Zionists, rabid Anti-Americans, radical leftists (the Spartacist League), people with little knowledge of the history of the Arab-Israeli dispute, and even some of Chomsky’s former students who now teach in Israel.
		There is no intellectually or morally defensible case for singling out Israel for divestiture, and I challenge Chomsky to debate me on the morality of this selective attack against an American ally that is defending itself -- and the world -- against terrorism that targets civilians.
	www-tech.mit.edu /V122/N25/col25dersh.25c.html (834 words)

	Got \| Apex? Forums - Divestiture Israel
		The divestiture drive is designed as a way to protest Israeli treatment of Palestinians, but Jews and others say that by adopting tactics used to oppose apartheid in the 1970s and 1980s, the movement not so subtly paints the Israeli government as racist and oppressive."
		This is a stupid idea that is being supported by palestinians and people who dont bother to do any research before they jump behind things.
		Memo to professors and students leading the divestiture campaign: Your campaign for divestiture from Israel is deeply dishonest and hypocritical, and any university that goes along with it does not deserve the title of institution of higher learning.
	www.gotapex.com /forums/printthread.php?t=52113&pp=40 (4858 words)

	[Proposed] Final Judgment : U.S., et al. v. Cingular Wireless Corporation, SBC Communications Inc., BellSouth ...
		L. "Wireless Business Divestiture Assets" means, for each mobile wireless business to be divested under this Final Judgment, all types of assets, tangible and intangible, used by defendants in the operation of the mobile wireless businesses to be divested (including the provision of long distance telecommunications services for wireless calls).
		G. The Divestiture Trustee shall serve at the cost and expense of defendants, on such terms and conditions as plaintiff United States approves, and shall account for all monies derived from the sale of the assets sold and all costs and expenses so incurred.
		The Divestiture Trustee shall at the same time furnish such report to the plaintiff United States and any relevant plaintiff state who shall have the right to make additional recommendations consistent with the purpose of the trust.
	www.usdoj.gov /atr/cases/f205900/205968.htm (3003 words)

	Divestment - Wikipedia, the free encyclopedia
		In finance and economics, divestment or divestiture is the reduction of some kind of asset, for either financial or social goals.
		A company can divest assets to wholly owned subsidiaries.
		The largest, and likely most-famous, corporate divestiture in history was the 1984 US Department of Justice-mandated breakup of the Bell System into ATandT and the seven Baby Bells.
	en.wikipedia.org /wiki/Divestiture (639 words)

	Israel Divestiture Spurs Clash (washingtonpost.com)
		Jewish and Protestant leaders clashed over Israel yesterday as the heads of several major U.S. Jewish organizations condemned the Presbyterian Church's decision to begin selective divestiture in companies operating in Israel.
		After a polite but tense meeting in New York, Presbyterian officials and leaders of the Reform and Conservative branches of Judaism promised to continue their dialogue.
		The Institute on Religion and Democracy, a conservative advocacy group in Washington, issued a report this week saying that mainline Protestant denominations devoted 37 percent of their human rights declarations over the past four years to criticism of Israel, far more than any other foreign country.
	washingtonpost.com /wp-dyn/articles/A58039-2004Sep28.html?nav=rss_world (560 words)

	AT&T: History: The Bell System
		In return, the U.S. Department of Justice agreed to lift the constraints of the 1956 decree.
		Divestiture took place on January 1, 1984, and the Bell System was dead.
		In its place was a new ATandT and seven regional Bell operating companies (collectively, the RBOCs.)
	www.att.com /history/history3.html (567 words)

	NMRC Scholars and Experts
		George S. Ake is Program Manager at the Capital Wireless Integrated Network (CapWIN) project where he is responsible for overall coordination of a project to implement an integrated voice and mobile data network for transportation and public safety in the Washington D.C. region.
		He was a lawyer with the FCC for many years, serving as general counsel from 1964-70, and later served as head of the National Telecommunications and Information Administration from 1978-81.
		Samuel A. Simon is President and Founder of Issue Dynamics, Inc., a public affairs firm representing local phone, wireless and technology companies, Chairman of the Telecommunications Research and Action Center, and the Chair of the 103-year-old National Consumers League.
	newmillenniumresearch.org /experts (13163 words)

	PGandE Divestiture of Related Assets (Site not responding. Last check: 2007-10-22)
		To view information about each of these applications select the appropriate link on either the left hand margin or bottom navigation links.
		Also found on this site are links to an ongoing history of this review process, contact information about the environmental review, information about the public review process, answers to frequently asked questions (FAQs), links to previous divestitures, and other divestiture-related links.
		Disclaimer - While every attempt has been made to insure the consistency of these electronic pages with the actual published documents, some differences may yet exist between content presented here and the published documents.
	www.pgedivest.com (160 words)

	The Business Resource - The Business Glossary
		The process of reconfiguring the set of companies competing within a value chain to achieve economies of scale.
		Divestiture is the closely related field of selling businesses that are valued less as part of a larger entity.
		Message brokers are a kind of software that has the function one interface for all applications.
	www.business-resources.net /glossary (6196 words)

	Canadian Corporate News: 701 Media Group Announces Proposed Divestiture and New Board of Directors.@ HighBeam Research (Site not responding. Last check: 2007-10-22)
		701 Media Group (TSXV: YSV-X), the "Dot Com company on Main Street" announces that it has executed a letter of intent concerning a proposed divestiture of its current operating business to enable it to pursue alternative business opportunities.
		The divestiture will take the form of a sale of all 701's operating business assets to GDL Technologies Inc.("GDL").
		701 also announces that it has installed a new board of directors and officers to facilitate the proposed divestiture.
	www.highbeam.com /library/doc0.asp?DOCID=1G1:99815146&refid=holomed_1 (217 words)

	Crosswalk.com - Jewish Critic Pans PC(USA)'s Planned Divestiture from Israel
		Crosswalk.com - Jewish Critic Pans PC(USA)'s Planned Divestiture from Israel
		The Presbyterian Church U.S.A. has concluded a three-day conference designed to justify its decision to divest from companies that do business with Israel - a nation the denomination's officials have called an "apartheid state."
		But 48 percent of pastors favor divestiture; 43 percent do not.
	www.crosswalk.com /news/religiontoday/1313056.html (730 words)

	Divestiture, 20 years later
		Twenty years after divestiture, many of us are reflecting on this event that changed the telecom world forever.
		From my perspective there's one result of divestiture that outweighs all others: the linkage of service offerings and service prices.
		But remember that in a non-competitive telecom environment, there is no pressure to offer the best service at the best price.
	www.networkworld.com /columnists/2004/0119taylor.html?vo (1232 words)

	Business Wire: Mattan Signs Letter of Intent for Divestiture o... @ HighBeam Research (Site not responding. Last check: 2007-10-22)
		Business Wire: Mattan Signs Letter of Intent for Divestiture o...
		Mattan Signs Letter of Intent for Divestiture of Operating Subsidiary.
		All inquiries regarding rights should be directed to the Gale Group.
	highbeam.com /library/doc0.asp?DOCID=1G1:19348515&... (290 words)

	Jones Encyclopedia of Media & Technology Information (Site not responding. Last check: 2007-10-22)
		Faced with increasing competition in core markets and a weak Japanese economy in the 1990s and 2000 decade, the company has undergone restructurings, divestitures, and cost-cutting measures to a degree that is unusual for a major Japanese manufacturer.
		Bell Atlantic Corporation, now merged with Verizon Communications, was the regional Bell operating company (RBOC) that provided local phone service in six eastern states and the District of Columbia, as well as cellular services, directory publishing, and other information services.
		Formed in 1984 after the federally mandated divestiture of American Telephone and Telegraph (ATandT), Bell Communications Research (Bellcore) served for 15 years as a jointly-owned telecommunication research arm of the seven Regional Bell Operating Companies (RBOCs).
	www.jonesencyclo.com /profiles.cfm (12068 words)

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