The real issue has been to get Blockbuster in the position to be sold off and spun off
,'' Rockwell said.
Pro forma net income and earnings per share are provided to illustrate Ethyl's results without the earnings of the businesses that were spun off
25 a share, which included the earnings of the businesses spun off
as First Colony Corporation and as Albemarle Corporation for the full 1993 period.
In their new roles, Chaden will concentrate on preparing the enterprise to be spun off
as an independent, publicly traded company, including recruiting a board of directors to govern Hanesbrands Inc.
The company to be spun off
will include Ryder Airline Services, Ryder Aviall, and Inventory Locator Service.
Upon finalizing the merger with Silver Dollar Productions, and upon Global's election to be spun off
, Global Universal will pay LitFunding a fee of $200,000 for its services in connection with the "Spin-Off" transaction.