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isachair = mobrown

02/07/08 10:48 AM

#130462 RE: isachair = mobrown #130459

"A holding company is a company that owns part, all, or a majority of other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself, rather its only purpose is owning shares of other companies. Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies."

Companies...plural