Profitable Developments, Inc. (PRDL)

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CyberCall: Ever hear of a mixed holding company? A conglomerate?


A holding company is said to be a "pure" holding company if it exists solely for the purpose of owning stock in other companies and does not engage in business operations separate from its subsidiaries. If the parent company also engages in its own business operations, then it is said to be a "mixed" holding company or a holding-operating company. Holding companies whose subsidiaries engage in unrelated lines of business are called conglomerates.

http://www.referenceforbusiness.com/encyclopedia/Gov-Inc/Holding-Companies.html