Toni Simonetti
Toni Simonetti
actively engaged hughes interested multiple
We are still actively engaged in discussions about Hughes with multiple interested parties. Those discussions are progressing.
actively engaged possible pursuing sale
We're still actively engaged in pursuing the possible sale of a controlling interest.
announced board company consider couple directors engaged global interests news obligation respond sky weeks
A couple of weeks ago we announced we were proceeding with negotiations with News Corp. That is our priority, ... We are engaged in these negotiations with News Corp. and Sky Global Network. The company and our board of directors have an obligation to respond to the interests of all of our shareholders. As such, we would always consider any alternative.
position report
Discussions are ongoing, but we are not in a position to report any new developments.
conduct consider due proposal serious thorough
We'll conduct a thorough review, and consider it or any serious alternative proposal in due course,
bankruptcy work
While we have a lot of work to do and a lot of initiatives under way, bankruptcy is not one of them.
annual contrived eight elegant last meeting
The annual meeting used to last eight hours. I think we've come up with a pretty elegant solution. Now we can get to the grass-roots shareholders without a lot of contrived filibustering.
jobs magnitude number
We are finalizing the number of jobs cuts. There will be some, but not on the magnitude of those that we have already done.
jobs magnitude number
We are finalizing the number of jobs cuts, ... There will be some, but not on the magnitude of those that we have already done.
attain certainly evaluate exploring lead options pursue rating separate whether
We are exploring how we would attain a separate rating for GMAC. We would probably look at and evaluate any and all options that would lead to that. Whether we would pursue those options, I don't know, but certainly we want to know what those options are.
month
We said it would be about a month and it has been a month.
extent prepare preparing
To the extent we can prepare for that (a strike), we are preparing a contingency plan.
review
That review is going on very intensively right now.
information people share
We've said let's not share information with people who don't have a need to know.