Can a holding company purchase stock in another company reguardless of the amount of stock purchased?

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Can a holding company purchase stock in another company reguardless of the amount of stock purchased?

2006-12-30 19:47:16 · 2 answers · asked by Chris P 3 in Business & Finance ➔ Investing

2 answers

My understanding is that a company is a seperate legal entity. This seperate legal entity can perform and business it wishes (as long as its legal) and this includes buying other companies or shares of other companies.

2006-12-31 09:07:16 · answer #1 · answered by ulchka 3 · 0⤊ 0⤋

Yes.

2006-12-31 03:53:18 · answer #2 · answered by Anonymous · 1⤊ 1⤋