31.   Ron Raley, manager of the Dayton Street mill, on Thursday confirmed that IP has decided not to sell the division.

32.   So the company will sell four divisions, including the Daily Racing Form, to try and reduce its burden.

33.   Sony will not outright sell the division, which includes Columbia and Tristar studios, Idei said.

34.   The chief executive, Rick Haythornthwaite, has moved swiftly to cut jobs and sell divisions to help restore profits.

35.   The company has laid off thousands of employees and sold divisions in response.

36.   The division was later sold.

37.   The legislators want to stop corporations from using the so-called Morris Trust transactions to sell corporate divisions to other companies without paying taxes on the deals.

38.   To offset this decline, Baxter has trimmed administrative costs, cut staff and sold other divisions to focus on its higher-margin medical technology lines.

39.   Under the agreement announced in April, J. Baker would have sold the division to SCOA president Dennis Tishkoff and Bain Capital for an undisclosed sum.

40.   Viacom has been unable to sell the division, and one person familiar with the company said it was now seeking a partner with which to combine operations.