	pan am pn sets pacific satellite stake sale johnson geneva u s a said it has agreed to buy pan am corp s pct holding in their joint venture company pan am pacific satellite corp for undisclosed terms johnson geneva said pan am divested owership in the project as part of a corporate restructuring plan but will continue to provide engineering services on a contract basis johnson geneva said the buy out was accomplished through onpraise ltd a hong kong company controlled by johnson geneva chairman michael johnson funds have been provided by onpraise to increase the satellite company s working capita reuter 
