Company for $1.5 billion as part of a reorganization plan.
The reorganization plan has been in the works for a couple of months now.
The reorganization plan has been in the works for a long time.
He reported progress on a reorganization plan for the company.
The company began carrying out the reorganization plan last July.
The reorganization plan calls for the company to dismiss 2,500 of the bank's 24,000 workers over the next five years.
A reorganization plan is expected to be submitted at the same time.
He also said the company's reorganization plan had helped it to become more focused.
A. Another significant change is that the exclusive period for management to come up with a reorganization plan has been cut.
The company, which has sold many of its businesses in the last two years, said it needed time to complete a reorganization plan.
