The indictment states that a joint venture was created and that this joint venture was in fact a sham.

I'm pleased for the joint venture because I was obviously a part of the organisation,

Initially, we are allocating $6 million from our budget to the joint venture.

Spinning it off kind of just gives the problems to your shareholders, and a joint venture really doesn't do much for you. The optimal plan would be to sell it and use the cash to reduce debt.

Its better for it to be a joint venture the Legislature can take credit for along with the governor than to be blamed for being the people who stopped it from being put on the ballot.

interested in a joint venture in the securities area when an opportunity comes up.