ImageXpress Corp (IMJX)

[dmoinvest]

It is not uncommon for one company to own subsidiaries, often formed as LLC's.

A few reasons this occurs is:

- As Frankie mentions to double dip
- Develop independent image and brand
- Separate liability of one product line from another
- Protect assets of one corporation from exposure to liabilities of another.
- Low cost way to JV with limited members from different entities who do not have interest or active participation in the other business.