Sentence examples for step in the restructuring from inspiring English sources
The Legal Aid Society, the main legal-services provider for New York City's poor, has hired a new president, Peter van Zandt Cobb, in a final step in the restructuring of the financially struggling organization.
The move "is simply the next step in the restructuring process" during the sale and will have "no impact" on customers' shopping experience, Fresh & Easy said in a statement.
One of the senior nurses stated: "I believe that defining the mission and territory of nursing is the first step in the restructuring the nursing system".
"This is one step forward in the restructuring of its research and development operations.
"Although such decisions are always difficult, it is a necessary step in restructuring the business to enhance the prospects of securing its future as a going concern".
Gary La Barbera, president of the union alliance, the Building and Construction Trades Council of Greater New York, and Louis J. Coletti, president of the Building Trades Employers Associationn, said the labor agreement was unprecedented and a first step in restructuring the New York construction industry.
The spin off of Philip Morris International is the next step in a restructuring that started with the spin-off of its majority stake in Kraft Foods in March (See "Altria Prepares For Kraft Spin-Off").
He said the deal also represented the first step in a restructuring that could culminate in an initial public stock offering, the first for a Brazilian media group.
A cash tender offer for the company's subordinated debt will be the final step in Zapata's restructuring, the company said.
The move is another step in the company's wider restructuring, which saw the creation of some 25 separate business units to account for the company's various interests, which range from the Taobao online marketplace to group shopping (Juhuasuan), online payments Alipay, mobile plaform Aliyun, and more.
The proposed sale of Grace's fertilizer business, which lost $84.1 million before taxes in 1986, is the final step in its restructuring.
