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Posted On: 10/15/2017 5:50:56 PM
Post# of 96892
Answering the question "Can a public company have a private subsidiary ?"
"Privately or closely held businesses, are those for which there is no public ownership of its shares or assets. Although closely held businesses tend to be small, family owned or jointly owned by a small group of people, they can also be large or wholly owned subsidiaries of major publicly traded companies.Mar 24, 2017"
http://guides.ll.georgetown.edu/companyresear...any-status
Actually...a very elegant solution....if it's the case, I don't think it's a bad thing...
This is speculative of course and should be taken as such......
"Privately or closely held businesses, are those for which there is no public ownership of its shares or assets. Although closely held businesses tend to be small, family owned or jointly owned by a small group of people, they can also be large or wholly owned subsidiaries of major publicly traded companies.Mar 24, 2017"
http://guides.ll.georgetown.edu/companyresear...any-status
Actually...a very elegant solution....if it's the case, I don't think it's a bad thing...
This is speculative of course and should be taken as such......
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