Examples of ASA Holdings in a sentence
The FTC settlement required Solera to sell the U.S. and Canadian YMS business that it acquired from Actual Systems to ASA Holdings, Inc.
To address the FTC’s competitive concerns and preserve competition, the order required Solera to sell Actual Systems’s US assets to ASA Holdings, which was formed by former Actual Systems managers to acquire the divested business.
Systems’ United States and Canadian yard management system (‘‘YMS’’) business to ASA Holdings, Inc.
For instance, Solera must provide ASA Holdings with a license to the Hollander Interchange lasting the length of the proposed Consent Agreement.If the Commission determines thatASA Holdings is not an acceptable acquirer of the assets to be divested, or that the manner of the divestiture is not acceptable, Solera must rescind the divestiture and divest the assets within 120 days of the date the Order becomes final to another Commission-approved acquirer.
The order contained several provisions to ensure the divestiture to ASA Holdings would be successful, including the obligation to provide ASA Holdings with a licence to Solera’s Hollander Interchange, an auto parts database that Hollander maintains and licences to third parties, for ten years.
The proposed Consent Agreement remedies the competitive concerns raised by the transaction by requiring Solera to divest assets related to Actual Systems’ United States and Canadian business to ASA Holdings.
The following Deltasubsidiaries were also debtors and debtors in possession in these proceedings: ASA Holdings, Inc.; Comair Holdings, LLC; Comair Services, Inc.; Crown Rooms, Inc.; DAL Global Services, LLC; DAL Moscow, Inc.; Delta AirElite Business Jets, Inc.; Delta Benefits Management, Inc.; Delta Connection Academy, Inc.; Delta Loyalty Management Services, LLC; Delta Technology, LLC; Epsilon Trading, LLC; and Kappa Capital Management, LLC.
The Delta debtors are the following entities: ASA Holdings, Inc.; Crown Rooms, Inc.; DAL Aircraft Trad- ing, Inc.; DAL Global Services, LLC; DAL Moscow, Inc.; Delta Air Lines, Inc.; Delta Benefits Manage- ment, Inc.; Delta Corporate Identity, Inc.; Delta Loyalty Management Services, LLC; Delta Technology, LLC; Delta Ventures III, LLC; Epsilon Trading, Inc.; Kappa Capital Management, Inc.; and Song, LLC.
Under the terms of the Consent Agreement, Solera is required to divest assets related to Actual Systems’ United States and Canadian yard management system (“YMS”) business to ASA Holdings, Inc.
The consolidated statements of income for the year ended December 31, 2005 reported herein contain 114 days of operations relating to ASA from September 8, 2005 to December 31, 2005.Pursuant to the terms of the Stock Purchase Agreement entered into between the Company, Delta and ASA Holdings, Inc.