31.   Others have subsidiaries to market natural gas that have quickly adopted an entrepreneurial culture at odds with the conservatism of the home office.

32.   RZB currently has subsidiaries in Hungary, Slovakia, Poland, the Czech Republic, Croatia, Russia and Bulgaria.

33.   Sensing a big money-making opportunity in deregulation, energy giants like Enron and Panenergy Corp., both of Houston, have subsidiaries to market gas nationwide.

34.   Texas Utilities also has subsidiaries in telecommunications, coal mining and energy.

35.   That is because Vodafone has many subsidiaries that it acquired at much higher prices than their current values.

36.   The company has subsidiaries in Germany, Switzerland, France, the U.K., Luxembourg, Spain and Denmark.

37.   The company has subsidiaries in the U.K., France and Germany.

38.   The new company will have two subsidiaries, an industrial one in Italy and a commercial one in the Netherlands.

39.   The venture will have subsidiaries covering Germany, England, France, Italy, Spain and the Benelux countries.

40.   Ticketmaster plans to have a subsidiary operating in the Bay Area when the franchise agreement with BASS expires.