Subsidiary
Business Concept
Northwestern Mutual Provides Greater Clarity and Flexibility With Debut of Medical Occupation Definition of Total Disability...annually and are subject to change, the company has paid life insurance dividends every year since 1872. Northwestern Mutual and its subsidiaries offer a holistic approach to financial security solutions including: life insurance, long... In this article: Northwestern Mutual, Subsidiary, Harris Interactive, Milwaukee, Revenue, Surgery, and Russell Investment Group |
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PR Newswire: Technology | 3 days ago
Revision To The Announcement: ASE Inc. and Two Subsidiaries' BOD Have Resolved to Launch a Cash and Stock Tender Offer to Buy the Outstanding Common Shares of USI
...Components, Semiconductors, Computer Electronics, Banking & Financial Services Revision To The Announcement: ASE Inc. and Two Subsidiaries' BOD Have Resolved to Launch a Cash and Stock Tender Offer to Buy the Outstanding Common Shares of...
In this article: Semiconductor, Safe harbor, Capital expenditure, Securities and Exchange Commission, and NYSE
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Centre Daily Times | 3 days ago
National Press Club Wed., Nov. 18, 10:30 a.m. Newsmaker Event to Focus on Double Standard Between European Companies and U.S. Subsidiaries in Treatment of Workers
CWA and German Union ver.di to Announce Partnership and Campaign at Deutsche Telekom and TMobile The goal of the new TUnion is to overcome the double standard between how European companies treat workers in their home countries and the...
In this article: Tmobile, United States, National Press Club, Subsidiaries, San Francisco State University, and Deutsche Telekom
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A.M. Best Affirms Ratings of Employers Holdings, Inc. and Its Subsidiaries
...news releases in: Banking & Financial Services, Bond & Stock Ratings A.M. Best Affirms Ratings of Employers Holdings, Inc. and Its Subsidiaries RENO, Nev., Nov. 17 /PRNewswire-FirstCall/ -- Employers Holdings, Inc. (NYSE: EIG) (EMPLOYERS®)...
In this article: NYSE, All rights reserved, and Trademark
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Joel T. Williams III Elected to SWS Group, Inc. Board of Directors
...Center. SWS Group, Inc. is a Dallas-based holding company that offers a broad range of investment and financial services through its subsidiaries. The company's common stock is listed and traded on the New York Stock Exchange under the...
In this article: New York Stock Exchange, Children's Medical Center, and Dallas
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Web Wire | 4 days ago
Shell starts-up world-scale monoethylene glycol plant in Singapore
...expressions are also used where no useful purpose is served by identifying the particular company or companies. Subsidiaries , Shell subsidiaries and Shell companies as used in this press release refer to companies in which Royal Dutch Shell...
In this article: Shell, Singapore, Ethylene, Asia, Polyethylene terephthalate, and United States Securities and Exchange Commission
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Prime Newswire | 5 days ago
American International Industries, Inc. Signs LOI With Water Desalination Technology Company
...profitability of the acquired businesses. The holding company serves as a financial and professional partner to the management of the subsidiaries. The role of the holding company is to improve each subsidiary's access to capital, achieve...
In this article: Houston, Texas and Revenue
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National Post | November 12, 2009
Move over Bill Gates, China's richest are gaining
...help lead to continuing good fortunes for the Asian nation's increasingly global entrepreneurs. Warren Buffett's investment through a subsidiary of Berkshire Hathaway in China's car and battery maker BYD highlights the trend this year. That...
In this article: U.S., Bill Gates, Robin Li, Warren Buffett, and Revenue
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Arrow ECS To Distribute EMC Data Domain in North America and U.K.
...networking, software, and security suppliers. Arrow ECS reported $5.4 billion in global enterprise computing solution sales in 2008. Subsidiaries include Asplenium, DNS/DNS Arrow, FINOVIA, Internet Security, IPvista, ITL, LOGIX, REL and...
In this article: EMC, Arrow Electronics Inc, North America, United Kingdom, NYSE, IBM, Englewood, Colorado, Subsidiaries, and Atempo
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Seeking Alpha | November 02, 2009
In Praise of Berkshire Hathaway Subsidiary's Retail Business Model
by: Ravi Nagarajan November 02, 2009 | about: BRK.A / BRK.B / MCD On the surface, the idea of sacrificing fourteen percent, or one-seventh, of a retail store's potential selling hours seems absurd enough. To do so on a day of the week when...
In this article: Customer, Berkshire Hathaway, Chick-fil-A, Goods and services, MCD, Utah, and Chicken sandwich
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Alliant Energy Corporation Utility Subsidiaries Declare Preferred Stock Dividends
See more news releases in: Electrical Utilities, Gas, Oil & Energy, Utilities, Dividends Alliant Energy Corporation Utility Subsidiaries Declare Preferred Stock Dividends MADISON, Wis., Oct. 29 /PRNewswire-FirstCall/ -- Quarterly...
In this article: Alliant Energy Corporation, IPL, Wisconsin, and NYSE
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Description from Wikipedia:
A subsidiary, in business matters, is an entity that is controlled by a bigger and more powerful entity. The controlled entity is called a company, corporation, or limited liability company, and the controlling entity is called its parent (or the parent company). The reason for this distinction is that a lone company cannot be a subsidiary of any organization; only an entity representing a legal fiction as a separate entity can be a subsidiary. While individuals have the capacity to act on their own initiative, a business entity can only act through its directors, officers and employees.
The most common way that control of a subsidiary is achieved is through the ownership of shares in the subsidiary by the parent. These shares give the parent the necessary votes to determine the composition of the board of the subsidiary and so exercise control. This gives rise to the common presumption that 50% plus one share is enough to create a subsidiary. There are, however, other ways that control can come about and the exact rules both as to what control is needed and how it is achieved can be complex (see below). A subsidiary may itself have subsidiaries, and these, in turn, may have subsidiaries of their own. A parent and all its subsidiaries together are called a group, although this term can also apply to cooperating companies and their subsidiaries with varying degrees of shared ownership.
Subsidiaries are separate, distinct legal entities for the purposes of taxation and regulation. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it.
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