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<br />J <br /> <br />. <br /> <br />11. <br /> <br />12. <br /> <br />13. <br /> <br />. <br /> <br />able to monitor and replace North Central if such <br />management is not adequate. Based upon the ,review of <br />the information provided, the technical ability of the <br />Group Wand NorthCentral, -mtogether their with System <br />management arrangements and responsibilities, is <br />satisfactory. <br /> <br />The Commission has reviewed the financial capability <br />of Group W following the transaction for the purpose <br />of determining whether it has the financial resources <br />available or committed to meet Franchise commitments <br />to operate the System. The Commission engaged an <br />independent financial communications consultant to assist <br />in this analysis. <br /> <br />The assets of Group W remain intact at the conclusion <br />of the stock transfer transaction, causing no change <br />from the financial situation which exists for Group <br />W prior to the closing of,thetransaction.The assets, <br />resources and economy of scale advantages of the entire <br />Group W organization will be available to support current <br />System services and costs and to partially lessen any <br />service or cost adjustments that may become necessary <br />in the future. <br /> <br />Since Group W continues to exist and guarantee performance <br />of the Franchises, and in light of the considerable <br />financial resources available to Group W for System <br />support at the conclusion of the stock transfer <br />transaction, the Commission has determined that the <br />financial stability of Group W is satisfactory for System <br />purposes. <br /> <br />-5- <br />