Post 9pXxWkFBEcMcalFTs0 by savagegoose@weirder.earth
(DIR) More posts by savagegoose@weirder.earth
(DIR) Post #9pXv2ByXsZbJiNltcu by savagegoose@weirder.earth
2019-12-02T00:23:41Z
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Is there a word for when a conglomerate owns a majority stake in a different conglomerate?
(DIR) Post #9pXv2CKWYrBKoY3Rsu by curufuin@freeradical.zone
2019-12-02T06:34:10Z
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@savagegoose well, the subsidized company is known as a subsidiary. I've heard the former referred to as a parent company.
(DIR) Post #9pXxWkFBEcMcalFTs0 by savagegoose@weirder.earth
2019-12-02T07:02:04Z
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@curufuin the language here would be about the same but the firm structure is different. A holding company which owns a majority stake in a separate holding company. Subsidiary and parent company don't quite get across the relationship between JAB and Keurig Dr Pepper. JAB owns 87% of KDP, but KDP is traded publicly and DP Snapple is still a subsidiary of KDP.Conglomerates are way too big.