ALJ/TOM/sid DRAFT Agenda ID #4159
Ratesetting
1/13/2005 Item 17
Decision REVISED DRAFT DECISION OF ALJ PRESTIDGE
(Mailed 12/28/2004)
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
In the Matter of the Application of Gores Portfolio Holdings, Inc., and Global Tel*Link Corporation (U-5680-C) For Authority to Transfer Control of an Authorized Telecommunications Providers. |
Application 04-09-014 (Filed September 14, 2004) |
OPINION AUTHORIZING TRANSFER OF CONTROL
OF GLOBAL TEL*LINK CORPORATION, INC.
TO GORES PORTFOLIO HOLDINGS
Summary
This decision grants the application of Global Tel*Link Corporation (Global) and Gores Portfolio Holdings, Inc., (Gores) for approval pursuant to Sections 852 and 8541 of the sale of 100% of the stock of Global to Gores. As a result of this transaction, Gores will own and acquire control of Global.
1 All Code references are to the Public Utilities Code, unless otherwise stated.
