InvestorsHub Logo
Followers 7
Posts 709
Boards Moderated 0
Alias Born 03/02/2009

Re: heads post# 13906

Monday, 05/18/2015 9:11:15 AM

Monday, May 18, 2015 9:11:15 AM

Post# of 32302
This is not a story about ceramic nails. This is a holding company.

DEFINITION of 'Holding Company'
A parent corporation, limited liability company or limited partnership that owns enough voting stock in another company to control its policies and management. A holding company exists for the sole purpose of controlling another company, which might also be a corporation, limited partnership or limited liability company, rather than for the purpose of producing its own goods or services. Holding companies also exist for the purpose of owning property such as real estate, patents, trademarks, stocks and other assets. If a business is 100% owned by a holding company, it is called a wholly owned subsidiary.

http://www.investopedia.com/terms/h/holdingcompany.asp


All post are my opinion. Like yours, my opinion is worthless.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.