Holding Company
A corporation that owns enough voting stock in one or more other companies to exercise control over them. A corporation that exists solely for this purpose is called a pure holding company, while one that also engages in a business of its own is called a holding-operating company. A holding company typically owns a majority of stock in a subsidiary, but if ownership
posted by EqualPocket @ 6:13 PM
0 Comments:
Post a Comment
<< Home