| 1. | The NEC is a voting trust formed to buy the Johnnic stake.
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| 2. | "The voting trust makes regulatory approval irrelevant to the shareholders, " said Bishop.
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| 3. | WorldCom's earlier, unsolicited bid for MCI included a voting trust.
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| 4. | I am surprised they went to a voting trust,
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| 5. | And an ICC voting trust won't do that ."
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| 6. | However, the Amex will not recommence trading of TWA's preferred stock and voting trust certificates.
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| 7. | The trustees of a voting trust controlled all the shares and elected the seven directors.
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| 8. | Wyser-Pratte said it will make a proposal on the voting trust to Norfolk Southern soon.
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| 9. | A voting trust is not valid unless all the trustees and beneficiaries thereof are qualified persons.
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| 10. | One possible method is the establishment of what the commission refers to as a voting trust.
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