Nadicorp is an investment holding company with a stable of 23 operating subsidiaries engaged in various activities.
The operating subsidiary, which went public in 1995, provides contract drilling services to the energy industry globally.
An operating subsidiary is a business term constantly used within the United States railroad industry.
The company said the latest quarter results assume that the acquisition of the company's operating subsidiaries had been completed on June 30, 1987.
Today, Dycom has grown to include over 30 operating subsidiaries.
The department had said Baker would need to sell two of its operating subsidiaries.
Texas Air, the nation's largest airline company, gave a breakdown of results at its operating subsidiaries.
Closing of the company and its operating subsidiaries will put 1,500 people out of work.
Three of its four operating subsidiaries also filed for reorganization.
It was operated under the American flag by a presumably competent marine operating subsidiary of a major oil company.