Definitions
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Examples
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The money will fund GM during bankruptcy as well as fund a so-called Newco, the reorganized GM made up of surviving brands including Chevrolet, Cadillac, Buick and GMC, said these people.
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The money will fund GM during bankruptcy as well as fund a so-called Newco, the reorganized GM made up of surviving brands including Chevrolet, Cadillac, Buick and GMC, said these people.
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Temporarily called Newco, the new company will emerge from the debris of Fraser with a strong balance sheet, modest debt, an already-profitable specialty papers mill in Madawaska and a solid backlog of orders, President and Chief Operating Officer Jeffrey Dutton said.
BangorDailyNews.com - News By Nick Sambides Jr. BDN Staff 2010
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Management declared last week that the new deal is among three conditions the re-formed, post-bankruptcy Fraser company, temporarily called Newco, must meet to prevent the closing and scrapping of the 680-worker mill and its sister pulp mill across the St. John River in Edmundston, New Brunswick.
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The new deal is among three conditions the re-formed, postbankruptcy Fraser company, temporarily called Newco, must meet to prevent closing the specialty papers mill, he said.
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Management declared last week that the new deal is among three conditions the re-formed, post-bankruptcy Fraser company, temporarily called Newco, must meet to prevent the closing and scrapping of the 680-worker mill and its sister pulp mill across the St. John River in Edmundston, New Brunswick.
BangorDailyNews.com - News By Nick Sambides Jr. BDN Staff 2010
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The franchise's parent company, Waffle House of Norcross, Ga., also known as Newco, has submitted a bid of $21.4 million, payable over four years.
Jacksonville Business News - Local Jacksonville News | Jacksonville Business Journal 2009
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The franchise's parent company, Waffle House of Norcross, Ga., also known as Newco, has submitted a bid of $21.4 million, payable over four years.
Philadelphia Business News - Local Philadelphia News | The Philadelphia Business Journal 2009
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"We have received a wide variety of third-party interest in providing capital directly to such a 'Newco' and we have a substantial amount of liquidity available provided by our shareholders, so having adequate capital is not an obstacle," MBIA Chief Executive Jay Brown said in a letter to shareholders.
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Norvista can elect to purchase a 51% interest in a wholly - owned subsidiary of HDG, to be established ( "Newco"), for US$1. 5 million.
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