premise: I.C.H. also named Steven B. Bing , 42 , senior vice president since 1986 , as president , succeeding John W. Gardiner , who will join the HMS Acquisition Corp. division of Hicks , Muse & Co. , which has agreed to buy most of I.C.H. 's Denver-based subsidiaries .
hypothesis: I.C.H. existed as a physical object.