What is a holding company?

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What is a holding company?

2007-12-11 16:49:52 · 2 answers · asked by Yahoo Sucks 5 in Business & Finance ➔ Corporations

2 answers

A holding company is a corporation organized to hold stocks and bonds of other companies which it usually controls. General Motors is a holding company

2007-12-11 17:00:29 · answer #1 · answered by googie 7 · 0⤊ 0⤋

typically it is an umbrella company owning a group of businesses organized in a place where tax advantages can be had

2007-12-12 00:56:50 · answer #2 · answered by Stephen C 4 · 0⤊ 0⤋