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A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. [1] A holding company usually does not produce goods or services itself. Its purpose is to own stock of other companies to form a corporate group .
In a horizontal business group there is no central holding company – the group companies are connected through various formal or informal ties, including reciprocal shareholding. Thus, a horizontal business group is a rather loose confederation of firms. Coordination between them is achieved mainly by mutual adjustment and standardization of ...
Citigroup is the holding company for Citibank, and the corporation has $1.7 trillion in assets and customers in more than 160 countries. Based in New York City, Citigroup was formed by the merger ...
Omnicom Group Inc. is an American global media, marketing and corporate communications holding company, headquartered in New York City. Omnicom's branded networks and specialty firms provide services in four disciplines: advertising, customer relationship management (CRM), public relations and specialty services.
WPP is a large holding company involved in communications, advertising, public relations, and other businesses. [15] It is considered the world's biggest advertising agency group. [40] WPP focuses on communications, experience, commerce, and technology.
In a joint-stock company, the members are known as shareholders, and each of their shares in the ownership, control, and profits of the corporation is determined by the portion of shares in the company that they own. Thus, a person who owns a quarter of the shares of a joint-stock company owns a quarter of the company, is entitled to a quarter ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 12 February 2025. Large company involved in mass media industry A media conglomerate, media company, media group, or media institution is a company that owns numerous companies involved in mass media enterprises, such as music, television, radio, publishing, motion pictures, video games, amusement park ...
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