pre-tax charges of $86 million of non-cash merger-related accounting impacts, primarily amortization of intangibles, inventory step-up, and other merger-related charges, and * charges totaling approximately $78 million related to the sale of the NIMO
This press release contains forward-looking statements by Biogen Idec regarding the sale of NIMO
and related assets, the impact of the sale on the employees at NIMO
and their future employment, and the amount and timing of charges Biogen Idec expects to incur in connection with the sale.
For the last four months, EC Power has helped Pepco Energy Services to successfully complete the certifications that now allow them to competitively sell energy in NIMO
, RGE, NYSEG, NSTAR, and the National Grid.
Excluding pre-tax charges of $88 million of non-cash merger-related accounting impacts, severance and relocation charges of $27 million, and charges totaling approximately $21 million related to the planned sale of the NICO manufacturing facility and the sale of the NIMO
manufacturing facility, adjusted non-GAAP EPS were $0.
The project under that situation could be severely limited in its ability to make the required payment to NIMO
Itron will also make a presentation to NIMO
, in the near future.
Crews dispatched to NIMO
have been asked to assist with restoration efforts until Sunday evening at the earliest.
and 14 independent power producers holding 27 power purchase agreements, including the Company's five power purchase agreements, which was consummated on June 30, 1998, during the current first quarter the Company realized $105,243,378 (inclusive of the NIMO
Shares, as defined) in distributions from its partnership investments, up by $103,082,357 from $2,161,021 for the comparable prior period.