What are Subsidiaries ???
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A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two subsidiaries that belong to the same parent company are called sister companies
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subsidiary company is a business owned by a parent company. Subsidiary companies are separate legal entities created by the parent company or another party. ... Wholly-owned subsidiaries are 100 percent owned by the parent company. An example would be the Disney Channel, which is wholly owned by The Disney Corporation.
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