holding company

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Holding Company

A corporation that limits its business to the ownership of stock in and the supervision of management of other corporations.

A holding company is organized specifically to hold the stock of other companies and ordinarily owns such a dominant interest in the other company or companies that it can dictate policy. Holding companies must comply with the federal antitrust laws that proscribe the secret and total acquisition of the stock of one corporation by another, since this would lessen competition and create a Monopoly.

holding company

n. a company, usually a corporation, which is created to own the stock of other corporations, thereby often controlling the management and policies of all of them.

holding company

a company that controls, usually through a majority shareholding, another company or companies.
References in periodicals archive ?
Under the holding in Letter Ruling 201236014, if Parent corporation's historic EIN is reassigned to New HoldCo, it is unclear which EIN Parent LLC is to use if a second member owner is added and the LLC defaults to a partnership.
It is prudent that we do all we can for the community, the employees and their families to bring this process to a successful conclusion, hence our work with Holdco," said Callaci.
Where the Holdco is located in a non-EU jurisdiction that does not have a treaty (containing a non-discrimination article) with the U.
JP Morgan Securities Llc (NYSE: JPM) is serving as financial advisor to CIT, while Goldman, Sachs & Co (NYSE: GS), Bank of America Merrill Lynch (NYSE: BAC) and Cleary, Gottlieb, Steen & Hamilton Llp represent IMB Holdco Llc.
For example, if Holdco is formed in a low-tax jurisdiction and earns income not subject to current taxation under the CFC or PFIC rules, the pre-U.
It is our understanding that Revenue Canada will not permit the exempt surplus of Holdco to be increased in this circumstance.
None of New Holdco, ASG Consolidated, ASG Finance, their respective boards of directors, the information and exchange agent or the trustee for the Notes is making any recommendation as to whether holders should tender Notes in response to the Exchange Offer.
Meanwhile, with respect to the listing of the ordinary shares of HoldCo to the 1st section of the TSE, HoldCo plans to be listed as a foreign company by so-called technical listings; however, the listing examination pertaining to technical listing is being conducted separately from the examination for not being a substantial surviving company described above, and the release from the designation of stock that would be deemed to enter a grace period as mentioned above does not constitute obtaining approval for the listing of the ordinary shares of HoldCo.
ETE), owner of ETP's GP, contributed its interest in Southern Union Company (SUG IDR 'BBB-'; Stable Outlook) to ETP HoldCo Corporation (ETP Holdco) in exchange for a 60% equity interest in ETP Holdco.
Holdco LP") filed with the SEC a Registration Statement on Form S-4 which includes the preliminary joint proxy statement of Avago and Broadcom and also constitutes a prospectus of Holdco and Holdco LP.
The revelation comes in the wake of the Invercargill City Council's holding company, Holdco, announces it increase in its borrowing capacity by $132 million to take advantage of future business opportunities.