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In addition, tax services performed by an auditor for a publicly held company would require pre-approval by the client's audit committee.
The open PT is a publicly held company that is subject to the capital markets law requiring at least 300 shareholders and paid-up capital of at least 3 billion rupiah.
Scheduled for completion by mid-February, the divestiture will create a new independent publicly held company, to be named Rayonier Inc.
Founded in 1982, headquartered in Baton Rouge, LA with an executive office in Nashville, TN, Amedisys is a publicly held company.
With this acquisition Sensiba San Filippo' looks to expand its consulting practice and grow their presence in the publicly held company space.
Stephen Foes, once chairman of both the Pease Development Authority and the New Hampshire Port Authority, also at one time sat on the board of Tyco International, whose former chief executive, Dennis Kozlowski, was convicted in 2005 of looting the publicly held company for his own benefit.
For this reason, only in very unusual circumstances would a publicly held company be party to arrangements that would render its shares "mandatorily redeemable."
* A merger of a privately held company into a publicly held company allows the target company shareholders to receive a public company's stock, despite the liquidity restrictions of SEC Rule 144a.
The publicly held company currently manufactures men's and women's shoes and accessories under the names Kenneth Cole, Reaction and Unlisted.com.
In 1999, Kalikow Development closed two residential land sale transactions in East Orlando, FL with Centex Corporation (NYSE: CTX), one of the largest single family home builders in the U.S., and Morrison Homes, a subsidiary of George Wimpley PLC, a British-based, publicly held company and another of the country's largest home builders.
In the case of a publicly held company, in which the salaries of the highest executives are fixed by a board of directors that those executives do not control, the danger of siphoning corporate earnings to executives in the form of salary is not acute.