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A subsidiary, subsidiary company or daughter company [1] [2] [3] is a company owned or controlled by another company, which is called the parent company or holding company, which has legal and financial control over the company.
It is a partially-owned subsidiary of Nippon Telegraph and Telephone (NTT). Japan Telegraph and Telephone Public Corporation, a predecessor of NTT, started Data Communications business in 1967. NTT, following its privatization in 1985, spun off the Data Communications division as NTT DATA in 1988, which has now become the largest of the IT ...
The Supreme Court, in an opinion by Chief Justice Burger and joined by Justices Blackmun, Powell, Rehnquist and O'Connor, held that an agreement between a wholly owned subsidiary and a parent did not fall under the definition of an "agreement" in Section 1 of the Sherman Act because the two companies, while legally separate, constituted a ...
On August 10, 2014, Kinder announced it was moving to full ownership of its partially owned subsidiaries Kinder Morgan Energy Partners, Kinder Morgan Management, and El Paso Pipeline Partners in a deal worth $71 billion. [16] The transaction closed on November 26, 2014. [17]
A subsidiary of Berkshire Hathaway Energy: Omaha World-Herald: Media 100% 2011/12/01 [59] $150 Million [60] Oriental Trading Company: Toy Party Craft 100% 2012/11/02 [61] PacifiCorp: Electric Distribution 92% 2005 $9.4 billion [62] A subsidiary of Berkshire Hathaway Energy: Pampered Chef [63] Food and Beverage 100% 2002/09/23 Pilot Flying J
In 2017, Express Scripts launched Inside Rx, a partially owned subsidiary that provides discounts on medications for the uninsured and underinsured. [28] In July 2017, Express Scripts purchased myMatrixx, a workers' compensation pharmacy benefits company based in Tampa, for $250 million. [29]
Nexperia is a semiconductor manufacturer headquartered in Nijmegen, the Netherlands.It is a subsidiary of Wingtech Technology, a Shanghai-listed company partially owned by the State-owned Assets Supervision and Administration Commission of the State Council.
In 1992, Katzman formed Equity One as a partially owned subsidiary of Gazit that operate as a real estate investment trust (REIT). Equity One grew gradually during the mid-1990s and in 1998 the company had an initial public offering on the New York Stock Exchange , Gazit-Globe retained partial ownership of Equity One after the business was spun ...