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  2. Parent corporation

    A holding company is a type of financial organization that owns a controlling interest in other companies, which are called subsidiaries. The parent corporation can control the subsidiary’s policies and oversee management decisions but doesn’t run day-to-day operations.
    www.investopedia.com/terms/h/holdingcompany.asp
    www.investopedia.com/terms/h/holdingcompany.asp
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