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That puts the gas under sufficient pressure to spin a turbine and thus generate electricity.
If Oracle did not already trade at such a high multiple, there would be pressure to spin off its e-commerce business as a tracking stock, he said.
The company, hurt by slumping profits and a slowdown in its drug pipeline, has been under pressure to spin off its Merck-Medco subsidiary.
Appearing to capitulate to government pressure to spin off its carmaking affiliate, the Hyundai Group, South Korea's largest conglomerate, lowered its founder's stake in Hyundai Motor Company by 6.1percentt.
Over the next few years, he bowed to shareholder pressure to spin off the company's financial divisions: Allstate, the Discover card, Dean Witter, Coldwell Banker and the Sears Mortgage Banking Group.
Like the banks and big business, the government is under pressure to spin off noncore businesses and streamline its operations but the unions oppose privatization plans at the state-owned utility.
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His next target is eBay, which he is pressuring to spin off PayPal, its online-payments business.
A press officer for South Yorkshire police who said she was pressured to spin positive coverage for the force at the Hillsborough inquests has lost her complaint with the police watchdog.
In July, the fast-food company yielded to shareholder pressure, agreeing to spin off a large bite some 15%–of its Canadian java chain Tim Hortons.
The San Francisco-based hedge fund, which has gone into battle with corporate giants such as Microsoft and American Express, has previously attacked the company and put pressure on it to spin out parts of the group.
The announcement comes two months after activist investor William Ackman put pressure on Target to spin off its credit-card division.
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CEO of Professional Science Editing for Scientists @ prosciediting.com