Autopistas Metropolitanas De Puerto Rico
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Autopistas Metropolitanas De Puerto Rico
''Autopistas Metropolitanas de Puerto Rico, LLC'' en, Puerto Rico Metropolitan Expressways stylized as ''metropistas'' en, Metro Expressways is the public–private partnership, privately held company, and limited liability company that operates PR-5 and PR-22 on behalf of the Puerto Rico Highways and Transportation Authority. The company is a consortium between Goldman Sachs and Abertis where Goldman Sachs initially served as majority owner through its Goldman Sachs Infrastructure Partners II infrastructure fund, while Abertis initially served as minority partner and main operator. However, in February 2013 Abertis acquired 6% of Goldman Sach's equity, elevating its position as majority owner with 51% ownership. In late 2018 it was given a BBB rating by Kroll Bond Rating Agency (KBRA) and has a Concession Agreement with the Puerto Rico Highway Transportation Authority for Puerto Rico Highway 5 and Puerto Rico Highway 22. See also * List of highways in Puerto Rico ...
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Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid le ...
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United States Department Of Transportation
The United States Department of Transportation (USDOT or DOT) is one of the executive departments of the U.S. federal government. It is headed by the secretary of transportation, who reports directly to the President of the United States and is a member of the president's Cabinet. The department's mission is "to develop and coordinate policies that will provide an efficient and economical national transportation system, with due regard for need, the environment, and the national defense." History Prior to the creation of the Department of Transportation, its functions were administered by the under secretary of commerce for transportation. In 1965, Najeeb Halaby, administrator of the Federal Aviation Agency (predecessor to the Federal Aviation Administration, FAA), suggested to President Lyndon B. Johnson that transportation be elevated to a cabinet-level post, and that the FAA be folded into the DOT. It was established by Congress in the Department of Transportation Act ...
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Federal Highway Administration
The Federal Highway Administration (FHWA) is a division of the United States Department of Transportation that specializes in highway transportation. The agency's major activities are grouped into two programs, the Federal-aid Highway Program and the Federal Lands Highway Program. Its role had previously been performed by the Office of Road Inquiry, Office of Public Roads and the Bureau of Public Roads. History Background The organization has several predecessor organizations and complicated history. The Office of Road Inquiry (ORI) was founded in 1893. In 1905, that organization's name was changed to the Office of Public Roads (OPR) which became a division of the United States Department of Agriculture. The name was changed again to the Bureau of Public Roads in 1915 and to the Public Roads Administration (PRA) in 1939. It was then shifted to the Federal Works Agency which was abolished in 1949 when its name reverted to Bureau of Public Roads under the Department of Commerce ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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Caribbean Business
Latin Media House, LLC acquired the assets of Casiano Communications Inc. (CCI) effective November 2, 2015 from Chapter 11 at the US Bankruptcy Court. The original company was founded in 1973, by Manuel A. Casiano, who died on May 19, 2017, at the age of 86. Casiano Communications started out publishing a business and financial newsletter on Puerto Rico which evolved over 45 years into the largest English speaking weekly paper ''Caribbean Business''. Latin Media House continues to publish and expand the existing publications like ''Caribbean Business'', Imagen, Buena Vida or Book of Lists. The group is lead since its inception by chief executive officer and Editor in Chief Heiko Faass and employs approximately 200 persons. History Recognizing the unfilled niche that an area business publication would fill, Mr. Casiano launched the newsletter that would later evolve into what is now ''Caribbean Business'' newspaper. For forty-three years, it had been the recognized Business Author ...
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List Of Highways In Puerto Rico
The highway system in Puerto Rico is composed of approximately of roads in Puerto Rico, maintained by the Puerto Rico Department of Transportation and Public Works (Spanish: ''Departmento de Transportación y Obras Públicas'') or DTOP. The highway system in Puerto Rico is divided into four networks: primary, urban primary, secondary or inter-municipal, and tertiary or local (Spanish: ''red primaria'', ''red primaria urbana'', ''red secundaria o intermunicipal'', and ''red terciaria o local''). Highways may change between networks and retain their same numbers. Highway markers Puerto Rico roads are classified according to the network they belong to. There are four types: primary, urban primary, secondary, and tertiary.''Guías para la Selección ...
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Operator (profession)
An operator is a professional designation used in various industries, including broadcasting (in television and radio), computing, power generation and transmission, customer service, physics, and construction. Operators are day-to-day end users of systems, that may or may not be mission-critical, but are typically managed and maintained by technicians or engineers. They might also work on a 24-hour rotating shift schedule. Types of operators ;Broadcasting: * Technical operator, transmission controller or broadcast operator: ** Master control (MCR) operator ** Production control room (PCR) operator ** Transmission control room (TCR) operator ** Video tape operator (VTO) ** Certified Television Operator (CTO) by Society of Broadcast Engineers (SBE) ** Certified Radio Operator (CRO) operator - by (SBE) * Studio technical operator (gallery operator): ** Vision mixer operator - technical director (TD) ** Sound and comms (talkback) studio operator * Camera operator ** J ...
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Collective Investment Scheme
An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages include an ability to: * hire professional investment managers, who may offer better returns and more adequate risk management; * benefit from economies of scale, i.e., lower transaction costs; * increase the asset diversification to reduce some unsystematic risk. It remains unclear whether professional active investment managers can reliably enhance risk adjusted returns by an amount that exceeds fees and expenses of investment management. Terminology varies with country but investment funds are often referred to as investment pools, collective investment vehicles, collective investment schemes, managed funds, or simply funds. The regulatory term is undertaking for collective investment in transferable securities, or short collective invest ...
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Goldman Sachs Infrastructure Partners II
Goldman is a Jewish surname. Notable people with the surname include: * Alan J. Goldman (1932–2010), American expert in operations research * Alan H. Goldman (born 1945), American philosopher *Alan S. Goldman (born 1958), American chemist * Alain Goldman (born 1961), French film producer *Allan H. Goldman (born 1943), American real estate investor * Albert Goldman, American professor and author * Albert Goldman (politician), American Trotskyist lawyer * Albina A. Goldman, philologist, professor North-Eastern Federal University (Yakutsk State University) * Allen Goldman (born 1937), American physicist * Alvin Goldman, philosopher, epistemologist * Ari L. Goldman, American journalist * Bernard Goldman (1922–2006), American art historian, married to Norma * Bo Goldman, American writer, Broadway playwright and screenwriter. * Bobby Goldman (1938-1999), American bridge player * Charles R. Goldman (born 1930), American limnologist and ecologist * Charley Goldman, boxing trainer * ...
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Majority Owner
Ownership is the state or fact of legal possession and control over property, which may be any asset, tangible or intangible. Ownership can involve multiple rights, collectively referred to as title, which may be separated and held by different parties. The process and mechanics of ownership are fairly complex: one can gain, transfer, and lose ownership of property in a number of ways. To acquire property one can purchase it with money, trade it for other property, win it in a bet, receive it as a gift, inherit it, find it, receive it as damages, earn it by doing work or performing services, make it, or homestead it. One can transfer or lose ownership of property by selling it for money, exchanging it for other property, giving it as a gift, misplacing it, or having it stripped from one's ownership through legal means such as eviction, foreclosure, seizure, or taking. Ownership is self-propagating in that the owner of any property will also own the economic benefits of that pr ...
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Consortium
A consortium (plural: consortia) is an association of two or more individuals, companies, organizations or governments (or any combination of these entities) with the objective of participating in a common activity or pooling their resources for achieving a common goal. is a Latin word meaning "partnership", "association" or "society", and derives from ("shared in property"), itself from ("together") and ("fate"). Examples Educational The Big Ten Academic Alliance in the Midwest and Mid-Atlantic U.S., Claremont Colleges consortium in Southern California, Five College Consortium in Massachusetts, and Consórcio Nacional Honda are among the oldest and most successful higher education consortia in the World. The Big Ten Academic Alliance, formerly known as the Committee on Institutional Cooperation, includes the members of the Big Ten athletic conference. The participants in Five Colleges, Inc. are: Amherst College, Hampshire College, Mount Holyoke College, Smith College, a ...
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