TITLE

Garage sale

AUTHOR(S)
Lane, Amy
PUB. DATE
May 2003
SOURCE
Crain's Detroit Business;5/19/2003, Vol. 19 Issue 20, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Detroit, Michigan-based company CMS Energy Corp. is planning to sell its business assets in 2003. The company's priority in 2002 has been to improve liquidity, reduce debt and become a smaller, stronger company with less business risk and more predictable earnings. The income from sale will enable CMS to meet debt payments coming due through September 2004. Items on asset sale list include the company's 50 percent interest in a coal-fired power plant in Neyveli, India, and an electricity-distribution system in Brazil.
ACCESSION #
9916958

 

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