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ALJ/BDP/sid Mailed 12/16/2005
Decision 05-12-039 December 15, 2005
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
Joint Application of Telecom Consultants, Inc. (U-6829-C) and John Toepfer, an individual, for approval of Change in Control. |
Application 05-09-024 (Filed September 19, 2005) |
OPINION GRANTING TRANSFER OF CONTROL
This decision grants the request of Telecom Consultants, Inc. (TCI) and John Toepfer, jointly referred to as Applicants, for approval of the acquisition by Toepfer of control over TCI. Toepfer, who currently holds a 20% equity interest, will acquire additional shares to provide him a 81% equity interest and, thereby, direct control over TCI. The transaction will not affect the operation of TCI. The matter is uncontested. This proceeding is closed.