11.   The two distribution companies were spun off from Cia. Estadual de Energetica Eletrica, or CEEE.

12.   Thermo Electron Corp., parent to a huge brood of corporate of subsidiaries, spins out companies onto the stock market at the drop of a hat.

13.   They spun out companies and debuted them on the public markets, becoming the darlings of the investment community and the media.

14.   As the new companies are spun off, over about the next year, shareholders will get a stake in each one.

15.   It is the first independent contract between the UAW and DRA since the company was spun off from GM three years ago.