The next step was for this closed-end investment company to become an operating company.
If approved, an operating company might receive a fixed interest rate and term for the amount approved.
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Until a spin-off in 2008, Philip Morris International was an operating company of the Altria Group.
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Until a spin-off in March 2008, Philip Morris International was an operating company of the Altria Group.
Glass advocates splitting it into a real estate investment trust and an operating company--something several hospital chains have done.
This odd arrangement required the creation of an operating company, Operadora Anderson's, to oversee the restaurants and train management.
Again, there is little precedent for the conversion of a closed-end fund to an operating company, if not for the self-dealing.
Starwood used to be both a real estate owner and an operating company that did things like serve breakfast, accept reservations and clean up rooms.
While Gerber waits for money to arrive, he has kept himself busy doing much of what he would do with an operating company.
Starwood used to be both a real estate owner and an operating company that did things such as serve breakfast, accept reservations and clean up the rooms.
So Gerber hit on a different cash-out scheme two years ago: turn another mutual fund into an operating company and have that entity buy out Ameristock Corp.
Gerald S. Panneton, company founder, president and chief executive officer, believes that the team Detour put together is one of the main drivers in building an exploration company to an operating company.
Taco Bell, an operating company of Tricon Global Restaurants (nyse: YUM - news - people ), does not make these taco shells but licenses the Taco Bell name to Kraft, a unit of Philip Morris (nyse: MO - news - people ), for use on retail products.
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If an Internet company operating in a foreign country is suddenly exposed to censorship, it has virtually no recourse.
Pan American Energy is an oil and gas company operating mainly in Argentina.
In 2009, the company made an operating loss of more than 28bn yen.
Yes, Jessica Alba is prominently featured on the site, but she also has an actual operating role with the company.
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In October, the company named Glenn Fischer as the new president and chief operating officer in an effort to give the decentralized company some structure.
Retirement plans registered a 9% growth in sales over last year which has also led to an improvement in operating margins for the company.
On an IFRS basis, the company lost 954 million Euros in the quarter on an operating basis, or 1.076 billion Euros on a net basis.
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The Company last week forecasted an operating loss for the first quarter and said it had hired banks to look into strategic options.
In addition, the company will be significantly increasing its marketing spending this quarter as expected, to support the global launch of BlackBerry 10, and the Company expects to report an operating loss for the fourth quarter.
The truth is that, unlike a typical operating company (such as an industrial corporation) where the goals of management and shareholders are usually the same, in the case of a mutual fund, the goals of the fund and its shareholders on the one hand and the goals of the money manager on the other hand, are not necessarily the same.
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As the company is modestly profitable on an operating basis, it should be able to ride out the current economic turmoil.
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Despite Mr Klein's misgivings, Microsoft could bring about a settlement if it took the initiative by volunteering to break itself up, perhaps into an applications company and two or three competing operating-systems companies.
Investors are unsure about whether the company will survive and expect that the start-up will need an infusion of more cash to keep operating, said analysts and people close to the company.
The company saw an important decline in its operating income in all of its business units but prepared foods.
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Nokia's other option is to take on an operating system from Google or Microsoft, something the company resisted before Mr. Elop's arrival.
One of the points made in that structure or that single market is that a company does not have to have an operating base in all 27 EU countries in order to sell in all 27 of them.
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For the quarter, the company's consolidated operating profit reached an all-time high of 5.85 trillion won representing a 98-percent increase year-on-year.
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