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Enron Mail |
Rick Buy had a conversation with Pug Winokur yesterday in which Pug requested that a change in the Transaction Approval Process be effected immediately so that all divestitures in excess of $50 million be presented to the Board for its approval. This change means that this transaction will need to go the the Board.
Please let me know if you have any questions or comments. Regards, Dave -----Original Message----- From: McMahon, Jeffrey Sent: Thursday, January 24, 2002 9:57 PM To: Detmering, Tim; Gorte, David; Sherrick, Jeffrey Cc: Bowen Jr., Raymond; Wallace, Stephen; Larson, Bradford Subject: Re: FW: EOGIL sale to BG Ok by me as long as it agrees with our corp governance policies -------------------------- sent from my blackberry address - jeffrey.mcmahon@skytel.com -----Original Message----- From: Detmering, Tim <Tim.Detmering@ENRON.com< To: Gorte, David <David.Gorte@ENRON.com<; Sherrick, Jeffrey <Jeffrey.Sherrick@ENRON.com< CC: Bowen Jr., Raymond <Raymond.Bowen@ENRON.com<; McMahon, Jeffrey <Jeffrey.McMahon@ENRON.com<; Wallace, Stephen <Stephen.Wallace@ENRON.com<; Larson, Bradford <Bradford.Larson@ENRON.com< Sent: Thu Jan 24 12:50:18 2002 Subject: Re: FW: EOGIL sale to BG Dash was signed back in October and we determined that board approval was not needed. Buy and Pug said that non-core assets less than $500 million did not need board approval. The document has been signed and we do not have an out for our board. -------------------------- Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)
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