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Strategies & Market Trends : Z Best Place to Talk Stocks
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To: BWAC who wrote (39677)5/17/2002 1:30:19 PM
From: Larry S.  Read Replies (1) of 53068
 
Houston Industries changed its name to Reliance Energy,REI. It spun off 17% of RRI (Reliant Resources) in an IPO, which contained the IPP asset and trading portion of the company. REI still owns 83% of RII and is/was planning to spin off the remaining RRI to it shareholders. Then REI would change its name again to CenterPoint Energy (CEP). from their(REI) annual report:
...$46 billion in annual revenue and total assets exceeding $30 billion...)
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