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Quotes of the day:
To keep a lamp burning we have to keep putting oil in it.
Companies are affiliated when one company is a minority shareholder of another. In most cases, the parent company will own less than a 50% interest in its affiliated company. Two companies may also be affiliated if they are controlled by a separate, third party. In the business world, affiliated companies are often simply called affiliates.
What Are Affiliated Companies? - Affiliated Companies | Finance, Money & Investment
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