Intel also recently said it would fold its assets for building a type of Flash memory into an independent company, formed jointly with STMicroelectronics.
The school stresses a collaborative and teamwork-based approach to learning, which it touts as one of its assets for "building the interpersonal skills required for business leadership".
This week it said it had filed for bankruptcy and was selling its assets for a diminutive $19m.ResMAE is one of over 20 casualties among America's "subprime" mortgage lenders, which serve borrowers with spotty credit histories at higher interest rates.
But, he said, it also has an obligation to protect its assets for the good of its other constituencies by using the available litigation tools.
So on Dec. 7, 1999, it struck a deal to swap $1 billion of its assets for a 10.8percentt stake in WebMD, a company that was bringing online services to the health care industry.
Late last month, the company filed for Chapter 11 bankruptcy protection and said that it had received a bid from AT&T to buy its assets for $307 million.
But in the early 1990's, investors pressed St. Joe to start exploiting its assets for better shareholder returns.
According to Hartmarx, Emerisque offered to buy its assets for $70.5 million in cash and $15 million in notes.
In September, Dunmore Homes changed its name to DHI Development and sold its assets for $500 to a New York entity called Dunmore Homes Inc.
Allegiance Telecom Inc. filed a plan to emerge from bankruptcy that would sell most of its assets for $631 million to the telephone and Internet access company XO Communications Inc, controlled by Carl C. Icahn.
