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"So are we converting from a secular to a clerical institution?" a staff member asked.
"This is part of the whole process of converting from a mutual company," he added.
On Thursday, Hancock will go public, converting from a company owned by policyholders to one owned by its stockholders.
It was a new offering only because it was converting from a mutual company, owned by its policyholders.
Re "As New Haven Changes, Hope Comes in Peaks and Valleys" (news article, Aug. 27): New Haven is converting from a manufacturing to a service economy.
Mr. Mavromatidis said that by converting from a nation to a social network, FetaBook will enjoy other cost savings as well.
Similar(19)
From 1 September 2002, Norwegian Air Shuttle converted from a regional airline to a low-cost carrier and started competing on the route to Oslo.
Jimmy Gopperth converted from a tricky angle.
The company converted from a policyholder-owned mutual insurer last year.
One was a two-bedroom converted from a studio.
What is more, Richards converted from a wide angle.
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