So they pulled off pressure, kept Toledo from driving inside. Make the Rockets shoot jump shots, and it be the easiest way to win. The strategy worked, as took a close game and made it a blowout, coasting past Toledo 74 59 in a Mid American Conference game Wednesday night. backed off our defense. First half, we were trying to pressure up and they did a great job off the dribble drive of beating us, Eastern Michigan coach Charles E. Ramsey said. were a couple of times where they got 2 on 1 beat us off the dribble. And so we said we were going to play from the inside out. Kids did a good job, said anything they get has to occur from a jump shot. so kids adjusted well to that. started with a 9 1 Eastern Michigan run to open the half to give the Eagles (9 6 overall, 1 1 MAC) keyed by a three pointer from Carlos Medlock and free throws from both and , who had 18 points each. It continued with a 17 0 run soon after that put the game out of reach. Dobbins also hit a milestone Wednesday, scoring his 1,000th career point less than 4 minutes into the game on a breakaway dunk. Eastern knew an early second half run on the Rockets would likely end the game. In the past 3 seasons, the Rockets (3 13, 0 2 MAC) are 1 37 on the road. Under second year coach Gene Cross, they are 0 22. think that what happened in the second half, we went on that run, were able to get up, Ramsey said. we got up, we were fairly comfortable from that point on because it does play on them, especially with young kids. 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The proceeds of the loans were used to pay dividends to those investors. "Travel agents will be unaffected by this process, and our ongoing business operations will not be impacted," Kurt Ekert, chief commercial officer of Travelport Ltd., the GDS subsidiary, said last week. "No matter what path our parent holding company pursues, it will be business as usual for Travelport Ltd. and the services we provide to our travel agent, corporate, supplier and other customers." Ekert added: "Our parent holding company amending its debt will ultimately be beneficial to Travelport Ltd. and provide us with stronger financial footing." Still, the news generated the kind of publicity no company wants. Standard Poor's lowered its long term corporate credit ratings on Travelport Holdings and gave it a "negative" outlook. It also lowered its long term rating on Travelport's senior secured and unsecured debt. S cited the company's announcement of a capital restructuring, "which has become necessary because of the group's high leverage, weak liquidity" and the PIK loan maturation. "We view this restructuring as a 'distressed exchange' and tantamount to a default," S said. Henry Harteveldt, a travel industry analyst with Atmosphere Research Group, said that while a bankruptcy would not affect Travelport's day to day GDS operations, it could mean that it will have less capital to invest in new products and systems development, and thus become less competitive, during a restructuring process. "Things like this are very, very strategically important for the company's future survival and prosperity," Harteveldt said. "In Chapter 11, your business is not your own to run. You have to get things cleared by creditors and the administrator, and it can be very problematic. It concerns me deeply because obviously it means people's jobs are at risk, and Travelport may not be able to make the timely progress it would like to develop product improvements, whether for its airline or travel agency customers." Throughout it all, Harteveldt said, Travelport needs to make sure it preserved its current base of business. "Travel management companies and travel agencies may look at this and say, 'Perhaps we need to either bring in a different GDS,' if they are solely reliant on Travelport, or postpone long term commitments to Travelport until they get a better sense of the company's anticipated time line for recovery." Blackstone Group acquired the company from Cendant Corp. for $4.3 billion in 2007. Travelport launched a $1.8 billion initial public offering last year, and eventually pulled the plug after having to lower its price. The company has long been saddled with debt, and last March agreed to sell its Gullivers Travel Associates wholesale business to Swiss travel firm Kuoni for $720 million, saying the net proceeds would be used to pay down its bank debt, which as of Sept. 30, 2010, was $2.8 billion.
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