Answer Posted / neha
A company that owns enough voting stock in another firm to
control management and operations by influencing or electing
its board of directors. also called parent company.
OR
By definition, a holding company is a corporation that is
typically used to hold the stock of an operating company.
The holding company itself does not produce goods or
services; it has no employees. Its sole purpose is to own or
hold shares of active companies with assets, people and
business operations.
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