Conn. Agencies Regs. § 16-47-2 - Required information
Each application under Section 16-47 of the General Statutes of Connecticut shall contain the following information:
(a) General description
of the property, field of operation, and existing business interests of the
applicant or description of the official, board or commission purporting to act
under any governmental authority other than that of this state or of its
divisions, municipal corporations or courts;
(b) Applicant's financial statement for the
most recent fiscal year and the pro forma period (include assumptions), giving
effect to the proposed transaction, to include balance sheet, income statement
and statement of source and application of funds;
(c) Applicant's most recent Form 10-K and
subsequent Forms 10-Q filed with the securities and exchange commission, or
comparable information if the applicant is not required to submit the
identified documents to the securities and exchange commission;
(d) Applicant's most recent Form 8-K filed
with the securities and exchange commission, or comparable information if the
applicant is not required to submit the identified document to the securities
and exchange commission;
(e)
Applicant's most recent annual report to stockholders, or comparable
information if such report is not published;
(f) Applicant's latest proxy statement sent
to stockholders, or comparable information if such report is not
published;
(g) Description of
transaction or series of transactions, including intended financing, by which
the proposed transaction will be effected, and agreements or other instruments
associated with the proposed transaction;
(h) A statement of purpose and intent of the
applicant in undertaking the proposed transaction(s);
(i) A statement of the benefits, including
rates, standards of service and efficiency and adequacy of management, that
would result to the customers and stockholders of the public service company or
holding company the interference with, or acquisition or control of which, is
the subject of the application (hereinafter "affected company");
(j) Any prospectus, official statement,
preliminary prospectus or preliminary official statement prepared by or on
behalf of the applicant or any other person with regard to the proposed
transaction(s);
(k) Applicant's
capital structure and capitalization ratios, present and pro forma (include
assumptions), assuming approval of the proposed transaction(s);
(l) Applicant's interest (before and after
income taxes) and fixed charge coverages, present and pro forma (include
assumptions), assuming approval of the proposed transaction(s);
(m) The proposed table of organization of the
management of the applicant, and of the affected company, after giving effect
to the proposed transaction(s), including the name of each executive officer on
each such proposed table of organization;
(n) The names of the proposed members of the
board of directors of the applicant, and of the affected company, after giving
effect to the proposed transaction(s);
(o) A narrative description of the proposed
operations of the applicant and the affected company for the first calendar
year following the effectiveness of the proposed transaction(s), including, but
not limited to, employment levels and office and service center locations, and
details of all changes from the existing operations of the affected
company;
(p) A description of the
experience of each of the applicants in the operation, management or control of
any public service company, and, to the extent not otherwise provided, a
statement as to the suitability of the applicants to control the affected
company;
(q) A list of all
department orders, rulings and regulations in effect and applicable to the
affected company, and an indication of those which the applicant proposes would
be discontinued in connection with the proposed transaction(s), together with a
statement of the reason for each such proposed discontinuance;
(r) A list of stockholder approval and all
federal, state and local governmental approvals required in order to effect the
proposed transaction(s), together with a description of the status of the
applicant's efforts to obtain each such approval as of the date reasonably
proximate to the date of the application;
(s) A statement of the percentage of voting
securities of the affected company owned or controlled by the applicant, and
control exercised or capable of being exercised over the public service company
after the conclusion of the proposed transaction.
Notes
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