Federal Register / Vol. 62, No. 164 / Monday, August 25, 1997 / Notices 44971

errors in competitors’ end user 911 data

and in the proper functioning of

competitors’ trunking facilities.

8. Compliance with Section 272. In

addition to making findings regarding

Ameritech’s compliance with section

271(c)(1)(A) and with the competitive

checklist, the Commission addresses,

pursuant to section 271(d)(3)(B),

whether Ameritech has demonstrated

that the requested authorization will be

carried out in accordance with section

272. The Commission concludes that,

based on its current and past behavior,

Ameritech has failed to demonstrate

that it will carry out the requested

authorization in accordance with the

requirements of section 272.

9. Specifically, the Commission

concludes that Ameritech’s corporate

structure is not in compliance with the

section 272(b)(3) requirement that its

interLATA affiliate (ACI) maintain

‘‘separate’’ directors from the operating

company (Ameritech Michigan). In

particular, the Commission finds that

under Delaware and Michigan corporate

law, Ameritech Corporation has the

duties, responsibilities, and liabilities of

a director for both ACI and Ameritech

Michigan. As a result, ACI lacks the

independent management intended by

the separate director requirement.

10. Additionally, the Commission

concludes that Ameritech has failed to

demonstrate that it will carry out the

requested authorization in accordance

with the section 272(b)(5) requirements

that all transactions between Ameritech

Michigan and ACI be conducted on an

arm’s length basis, be reduced to

writing, and be available for public

inspection. Specifically, the

Commission finds that Ameritech has

failed to disclose publicly the rates for

all of the transactions between

Ameritech and ACI. Moreover, it

appears that Ameritech and ACI have

not disclosed publicly all of their

transactions as required by section

272(b)(5). Accordingly, if Ameritech

continues its present behavior, and does

not remedy these problems, it would not

be in compliance with the requirements

of section 272(b)(5).

11. Public Interest. Based on the

Commission’s conclusions that

Ameritech has not implemented fully

the competitive checklist and has not

complied with the requirements of

section 272, the Commission denies

Ameritech’s application for

authorization to provide in-region,

interLATA telecommunications services

in Michigan. As a result, the

Commission need not reach the further

question of whether the requested

authorization is consistent with the

public interest, convenience and

necessity, as required by section

271(d)(3)(C). The Commission believes,

however, that, provided the competitive

checklist, public interest, and other

requirements of section 271 are

satisfied, BOC entry into the long

distance market will further Congress’

objectives of promoting competition and

deregulation of telecommunication

markets. In order to expedite such entry,

the Commission believes it would be

useful to identify certain issues for the

benefit of future applicants and

commenting parties, including the

relevant state commission and the

Department of Justice, relating to the

meaning and scope of the public interest

inquiry mandated by Congress.

Accordingly, the Commission identifies

the various factors it will consider and

balance in undertaking a public interest

analysis. The Commission notes that the

presence or absence of any one factor

will not dictate the outcome of its

public interest inquiry. The Commission

emphasizes, however, that it is not

examining the public interest showing

made in Ameritech’s application, nor is

the discussion intended to be an

exhaustive analysis of the scope of the

Commission’s public interest inquiry

generally.

12. Other Matters. In order to provide

guidance to Ameritech, the Department

of Justice, the Michigan Public Service

Commission, and other interested

parties, the Commission briefly

addresses, but does not make any

findings with respect to, certain other

matters raised in the record. These

matters include: the pricing

requirements of the competitive

checklist; Ameritech’s compliance with

remaining checklist requirements;

Ameritech’s inbound telemarketing

script; Ameritech’s intraLATA toll

service; and access to customer

proprietary network information.

Federal Communications Commission.

William F. Caton,

Acting Secretary.

[FR Doc. 97–22548 Filed 8–22–97; 8:45 am]

BILLING CODE 6712–01–P

FEDERAL RESERVE SYSTEM

Formations of, Acquisitions by, and

Mergers of Bank Holding Companies

The companies listed in this notice

have applied to the Board for approval,

pursuant to the Bank Holding Company

Act of 1956 (12 U.S.C. 1841 et seq.)

(BHC Act), Regulation Y (12 CFR Part

225), and all other applicable statutes

and regulations to become a bank

holding company and/or to acquire the

assets or the ownership of, control of, or

the power to vote shares of a bank or

bank holding company and all of the

banks and nonbanking companies

owned by the bank holding company,

including the companies listed below.

The applications listed below, as well

as other related filings required by the

Board, are available for immediate

inspection at the Federal Reserve Bank

indicated. The application also will be

available for inspection at the offices of

the Board of Governors. Interested

persons may express their views in

writing on the standards enumerated in

the BHC Act (12 U.S.C. 1842(c)). If the

proposal also involves the acquisition of

a nonbanking company, the review also

includes whether the acquisition of the

nonbanking company complies with the

standards in section 4 of the BHC Act.

Unless otherwise noted, nonbanking

activities will be conducted throughout

the United States.

Unless otherwise noted, comments

regarding each of these applications

must be received at the Reserve Bank

indicated or the offices of the Board of

Governors not later than September 18,

1997.

A. Federal Reserve Bank of New

York (Betsy Buttrill White, Senior Vice

President) 33 Liberty Street, New York,

New York 10045-0001:

1. North Fork Bancorporation, Inc.,

Melville, New York; to acquire 100

percent of the voting shares of Branford

Savings Bank, Branford, Connecticut.

B. Federal Reserve Bank of

Minneapolis (Karen L. Grandstrand,

Vice President) 250 Marquette Avenue,

Minneapolis, Minnesota 55480-2171:

1. Anderson Financial Group, Inc.,

Golden Valley, Minnesota; to become a

bank holding company by acquiring 100

percent of the voting shares of Northern

National Bank, Nisswa, Minnesota, a de

novo bank.

2. International Bancorporation,

Golden Valley, Minnesota; to acquire

100 percent of the voting shares of

Northern National Bank, Nisswa,

Minnesota, a de novo bank.

C. Federal Reserve Bank of Dallas

(Genie D. Short, Vice President) 2200

North Pearl Street, Dallas, Texas 75201-

2272:

1. Citizens Bankers, Inc., Baytown,

Texas, and Citizens Bankers of

Delaware, Wilmington, Delaware; to

acquire 100 percent of the voting shares

of First National Bank of Bay City, Bay

City, Texas.
44972 Federal Register / Vol. 62, No. 164 / Monday, August 25, 1997 / Notices

Board of Governors of the Federal Reserve

System, August 19, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–22428 Filed 8–22–97; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL TRADE COMMISSION

Granting of Request for Early

Termination of the Waiting Period

Under the Premerger Notification

Rules

Section 7A of the Clayton Act, 15

U.S.C. 18a, as added by Title II of the

Hart-Scott-Rodino Antitrust

Improvements Act of 1976, requires

persons contemplating certain mergers

or acquisitions to give the Federal Trade

Commission and the Assistant Attorney

General advance notice and to wait

designated periods before

consummation of such plans. Section

7A(b)(2) of the Act permits the agencies,

in individual cases, to terminate this

waiting period prior to its expiration

and requires that notice of this action be

published in the Federal Register.

The following transactions were

granted early termination of the waiting

period provided by law and the

premerger notification rules. The grants

were made by the Federal Trade

Commission and the Assistant Attorney

General for the Antitrust Division of the

Department of Justice. Neither agency

intends to take any action with respect

to these proposed acquisitions during

the applicable waiting period.

TRANSACTIONS GRANTED EARLY TERMINATION BETWEEN: 7–21–97 AND 8–1–97

Name of acquiring person, name of acquired person, name of acquired entity PMN number Date

terminated

Wu-Fu Chen, Cisco Systems, Inc., Cisco Systems, Inc ......................................................................................... 97–2647 07/22/97

Cisco Systems, Inc., Ardent Communications Corporation, Ardent Communications Corporation ........................ 97–2648 07/22/97

Dycom Industries, Inc., Thomas Polis, Communications Construction Group, Inc ................................................. 97–2678 07/22/97

Dycom Industries, Inc., George Tamasi, Communications Construction Group, Inc .............................................. 97–2679 07/22/97

Ellis & Everard plc (a British company), Estate of Peter E. Macy, Mozel, Incorporated ........................................ 97–2728 07/22/97

John C. Malone, Tele-Communications, Inc., Tele-Communications, Inc .............................................................. 97–2764 07/22/97

Lason, Inc., Horizon Capital Partners I Limited Partnership, Image Conversion Systems, Inc .............................. 97–2795 07/22/97

BAA plc (a British company), Duty Free International, Inc., Duty Free International, Inc ...................................... 97–2798 07/22/97

Equus Equity Appreciation Fund, L.P., Lunn Industries, Inc., Newco ..................................................................... 97–2801 07/22/97

Atlantic Express Transportation Group, Inc., Thomas and Marlene Deney (Husband and Wife), Central New

York Coach Sales and Service, Inc ..................................................................................................................... 97–2803 07/22/97

James E. Lewis, Grand Metropolitan PLC (a British company, The Pillsbury Company ....................................... 97–2806 07/22/97

NetManage, Inc., Network Software Associates, Inc., Network Software Associates, Inc ..................................... 97–2809 07/22/97

Michael Krupp, Greif Bros. Corporation, Down River International, Inc .................................................................. 97–2810 07/22/97

Joseph P. Goryeb, Champion Mortgage Servicing Corp., Champion Mortgage Servicing Corp ........................... 97–2812 07/22/97

Republic Industries, Inc., Snappy Car Rental Inc., Snappy Car Rental Inc ............................................................ 97–2816 07/22/97

Douglas R. Knight, U.S. Office Products Company, U.S. Office Products Company ............................................ 97–2820 07/22/97

Roger S. Penske, Outboard Marine Corporation, Outboard Marine Corporation ................................................... 97–2847 07/22/97

FrontierVision Partners, L.P., Cablevision Systems Corporation, A–R Cable Services—ME, Inc ......................... 97–2549 07/23/97

Dassault Systems S.A., Solidworks Corporation, Solidworks Corporation ............................................................. 97–2609 07/23/97

Suiza Foods Corporation, Alan J. Bernon, Garelick Farms, Inc ............................................................................. 97–2690 07/23/97

Suiza Foods Corporation, Peter M. Bernon, Garelick Farms, Inc ........................................................................... 97–2700 07/23/97

Evergreen Media Corporation, Deseret Management Corporation, Bonneville International Corporation ............. 97–2789 07/23/97

Ford Motor Company, Textron, Inc., Avco Financial Services of Hollywood, Florida, Inc ...................................... 97–2826 07/24/97

The Chase Manhattan Corporation, Robert L. Fisher, Valley Industries, Inc ......................................................... 97–2588 07/25/97

BTR, plc, American Manufacturing Corporation, Limitorque Corporation ............................................................... 97–2741 07/25/97

Hugo E. Pimienta, PICO Holding, Inc., American Physicians Life Insurance Company ........................................ 97–2754 07/25/97

Andrew G. Vajna, Cinergi Pictures Entertainment Cinergi Pictures Entertainment ................................................ 97–2830 07/25/97

Central Louisiana Electric Company, Inc., Teche Electric Cooperative, Inc., Teche Electric Cooperative, Inc ..... 97–2831 07/25/97

ICN Pharmaceuticals, Inc., Dr. h.c. Paul Sacher, F. Hoffmann-LaRoche Ltd., Syntex .......................................... 97–2684 07/28/97

Dr. h.c. Paul Sacher, ICN Pharmaceuticals, Inc., ICN Pharmaceuticals, Inc ......................................................... 97–2685 07/28/97

Partners HealthCare Systems, Inc., AtlantiCare Corporation, AtlanticCare Medical Center, Inc ........................... 97–2723 07/28/97

FKI plc, Bridon plc, Bridon plc ................................................................................................................................. 97–2756 07/28/97

Gardena Holding AG, O’Sullivan Corporation, Melnor, Inc. and Melnor, Canada, Ltd ........................................... 97–2834 07/28/97

The Edward W. Scripps Trust, Harte-Hanks Communications, Inc., Harte-Hanks Communications, Inc .............. 97–2837 07/28/97

Windward Capital Associates, L.P., E.I. du Pont de Nemours and Company, Bio-Tech Resources, LP, Canadian Harvest, LP, DCV ......................................................................................................................................... 97–2839 07/28/97

Windward Capital Associates, L.P., ConAgra, Inc., DCV Biologics LP, Ducoa L.P., Bio-Technological ............... 97–2840 07/28/97

Metropolitan Life Insurance Company, ConAgra, Inc., DCV Inc., et al ................................................................... 97–2841 07/28/97

Metropolitan Life Insurance Company, E.I. du Pont de Nemours & Company, DCV, Inc., M-Cap Technologies,

Int’l ........................................................................................................................................................................ 97–2842 07/28/97

Rail Partners, L.P., James River Corporation of Virginia, Pennington Railroad, Inc .............................................. 97–2848 07/28/97

Don Tyson, Dan J. Costa, Mallard’s Food Products, Inc ........................................................................................ 97–2851 07/28/97

Bruce G. Robert QTIP Martial Trust, Hoya Corporation, Probe Technology Corporation ...................................... 97–2852 07/28/97

Welsh, Carson, Anderson, & Stowe, VII, L.P., Control Data Systems, Inc., Control Data Systems, Inc ............... 97–2854 07/28/97

Welsh, Carson, Anderson & Stowe, VII, L.P., Newco, Newco ................................................................................ 97–2855 07/28/97

Hicks, Muse, Tate & Furst Equity Fund III, L.P., Ply Gem Industries, Inc., Ply Gem Industries, Inc ..................... 97–2869 07/28/97

Neff Corporation, George M. Bragg, Bragg Investment Company, Inc .................................................................. 97–2872 07/28/97

United States Surgical Corporation, Progressive Angioplasty Systems, Inc., Progressive Angioplasty Systems,

Inc ......................................................................................................................................................................... 97–2873 07/28/97

Frank Litvack, United States Surgical Corporation, United States Surgical Corporation ....................................... 97–2874 07/28/97

Henry Schein, Inc., Ernest Sandler, IDE Interstate, Inc. ......................................................................................... 97–2878 07/28/97