What is the holding company and what is the purpose of it?
Obviously, its some kind of legal entity.
However, Im not sure exactly the reasons why they are set up. Many large publicly traded corps have hundreds of these.
Just curious why they are set up this way...Jurisdiction, legal, tax?
Whats the main reason? Im looking for more than some texbook definition...I want to understand the practical reasons certain companies use them, and the logic behind it.
Thanks for insight.
2006-08-12
07:15:01
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7 answers
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asked by
Anonymous
in
Investing