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A holding company, sometimes called a parent company, owns sufficient stock (often as little as 10 to 15 percent) of another company to control its board of directors and govern that company`s direction.
That form of corporate control was first used in New Jersey in 1889 in the wake of criticisms of the earlier trust form of organization.
The Theodore Roosevelt administration brought suit against the Northern Securities Company, a railroad holding company in 1902. Two years later, the Supreme Court ordered the dissolution of NSC, causing a slowdown in the use of this form of corporate control.
NYSE > Events >Commercial Metals Company Holds Board Meeting at the NYSE
... Rabin rings The Closing BellSM. Commercial Metals Company Commercial Metals Company and its subsidiaries manufacture, recycle and market steel and metal products, related materials and services through a network including steel minimills ...
A Life on Hold
Whatever the reason, he put his life on hold and made it his job to nurse his mother Susan. His curiosity and his affinity for learning remained unchanged, however. When he wasn't looking after his mother, he read voraciously. Orville lost ...
SELECTED HOLDINGS:The General Collections
... copy neg).bibliographic record It is a common myth that the Library of Congress holds two copies of every book ever printed. No library could be that large. Nonetheless, books and periodicals have been pouring into the General Collections for ...