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Search Results for "end subsidiary"

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What Is a Parent Company?

The term parent company refers to a business entity that owns enough stock in another firm - so much so that the former has the ability to influence or control the management and operations of the latter, much like the relationship between parent and child. The firm that is under the control or...

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Daimler to Shutter Maybach?

It looks like declining sales of high end luxury cars may shut the doors at Maybach, the high end subsidiary of Daimler. Increased luxury and technology content of Mercedes S-Class vehicles is expected to further draw customers away from the famed luxury marque. Daimler can't justify the expense...