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Parent Company

   Also found in: Dictionary/thesaurus, Medical, Financial, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.

An enterprise, which is also known as a parent corporation, that owns more than 50 percent of the voting shares of its subsidiary.



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Finally, Chevy has image problems that go beyond a parent company who''s notorious for making bad vehicles.
Atrium anticipates that becoming a wholly owned subsidiary of Credit Saison will enable it to restructure its business as quickly as possible and put its business activities on course for stability, while receiving credit enhancement from its parent company, Credit Saison,'' said a statement issued by the two companies.
Summary: Liverpool's parent company has been warned there could be "significant doubt" over its future as it struggles with Au350 million of debt.
 
 
 
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