Their equity holdings
are essentially balanced dollar-for-dollar with the owner-investor's own equity investment, with virtually no debt financing.
Additionally, Haz Holdings
wholly-owns four subsidiary businesses: Mortgage and Financial Institute, LLC, an early stage mortgage broker in commercial and residential lending in Washington and Alaska, Nationwide Hotel Management, LLC, a hotel management company, KB Realty Group International, LLC, a commercial and residential real estate sales company, and Evergreen Sound Construction, LLC, a commercial and residential development company.
The decision is important for two reasons: the legal conclusion reached regarding the applicability of the Bank Holding
Company Act to the direct activities of banks owned by bank holding
companies, as well as the potential significance of the case for the regulation and supervision of the activities of federally insured banks and for the resources of the federal safety net.
Since the initial public offering, Valero GP Holdings
has had a total return of over 25 percent.
In 1970, Congress amended the Bank Holding
Company Act of 1956 to establish a new framework for the expansion of bank holding
companies into nonbank activities.
These forward-looking statements can generally be identified as such because the context of the statement will include words, such as UTEK or Liberty Diversified Holdings
This value proposition is complemented by each of our niche business units' viability as part of the M2M Holdings
With the funding of our Japanese pension fund, in addition to our commitments in the Barnett Shale and Cotton Valley region and other areas, Texas Energy Holdings
is expected to have $100 million under management in 2007," said Casey Ladymon, vice president of Texas Energy Holdings
We will continue to seek improved performance at EBG Holdings
and to capitalize on the strengths of EBG Holdings
to create additional value for our shareholders.
The most immediate and obvious advantage of this acquisition is a broadened, more powerful customer management offering based on the individual strengths of the KNOVA and Onyx applications," said Jeff Tognoni, CEO of M2M Holdings
has assigned a debt rating of "aaa" to the $134 million floating rate insured notes (notes) due December 15, 2018, issued by FLAC Holdings
, LLC (FLAC Holdings
) (New York NY).
In addition, Fitch assigns an IDR of 'B-' for JohnsonDiversey Holdings