The complex plans, which describe in detail where the troops will move, where new Army brigades will be located and which units will be renamed, have been approved by President Bush and Defense Secretary Donald H. Rumsfeld, Pentagon officials said.
The online stock-trading unit, DLJDirect, will be renamed CSFB Direct, the people said.
Francine Edelman, 45, managing director at Team South, was named president of the unit, which will be renamed soon.
The divestment of the unit, which will be renamed Artio Global Investors before the initial public offering, is Baer's next move to overhaul its business after an acquisition in 2005 that almost doubled its size.
The Arnold unit of Media Planning will be renamed Arnold MPG.
And in Germany, Intensive in Hamburg, a unit of Interpublic, will be renamed Magna Global Germany; Dominico Madile will continue as chief executive.
Tyco's financial unit, Tyco Capital, will be renamed CIT, the name of the business before it was acquired last year, the company said yesterday.
The NSFW Corp team will reportedly form an investigative unit at PandoDaily, which will be renamed Pando.com.
The Brands Hatch Circuits unit, previously called Octagon Motorsports, will be renamed Silverstone Motorsport.
