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Parent Company

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia, Hutchinson 0.04 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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6 list of securities brokerage firms incorrectly listed the top local executive and parent company for Wedbush Morgan Securities Inc.
A recent Florida court case involving a nursing home and its out-of-state parent company could have important ramifications for the litigation-weary long-term care industry, reports the Mager Law Group, which represented the defense in the case.
The name change reflects the company's identity with parent company, Kadant Inc.
 
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