USX said it would transfer its steel operation to a wholly owned subsidiary.
The Pringles business would be transferred to a separate subsidiary which would assume approximately $850 million of debt.
The fertilizer business is transferred to a wholly owned and newly incorporated subsidiary - DH Fertilizers Ltd.
USX in early 1987 transferred its steel and iron ore operations to a subsidiary.
USX, the No. 1 steelmaker, said it plans to transfer the assets of its steel and iron ore operations to a wholly owned subsidiary.
Immediately following the grant of the patent the company transfers its rights to a subsidiary.
Along with a name change, it transferred most of its former duties and management to a new developed subsidiary called Production I.G.
In May 1911, the company's burglary and contingency department was transferred to a subsidiary, the Railway Passengers Assurance Company.
They made 300 for military use, then transferred the patent to a Canadian subsidiary.
By transferring a good portion of its debt to a subsidiary, Time Warner would appear to be a good deal healthier.