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Technology Stocks : CheckFree (CKFR) -- Ignore unavailable to you. Want to Upgrade?


To: Cymeed who wrote (1079)12/27/1997 7:54:00 AM
From: Brooks Jackson  Read Replies (1) | Respond to of 8545
 
"Patchwork" is my characterization of the corporate structure -- nine subsidiaries incorporated in four different states -- described in CKFR's 10-K:

"The Company was incorporated in Ohio in 1981 and reincorporated in Delaware in 1986. The Company has nine direct and indirect wholly owned subsidiaries: Servantis Systems Holdings, Inc., a Delaware corporation; Servantis Systems, Inc., a Georgia corporation; Servantis Services, Inc., a Georgia corporation; CheckFree Software Solutions, Inc., a Delaware corporation; Security APL, Inc., an Illinois corporation; Bow Tie Systems, Inc., an Illinois corporation; CheckFree Services Corporation, a Delaware corporation; CheckFree Investment Corporation, a Delaware corporation; and RCM Systems, Inc., a Wisconsin corporation."