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Quotes of the day:
Let me tell you something that we Israelis have against Moses. He took us 40 years through the desert in order to bring us to the one spot in the Middle East that has no oil!
Holdco is an abbreviation for holding company, which is a firm that exercises control over one or more additional firm(s). The holdco accomplishes this through the acquisition of stock that is sufficient to control or influence the voting by shareholders. The holding company earns money by collecting the dividends from the shares of firms in which it owns a controlling interest.
Holding Companies Explained- Protect assets and enable tax strategies.
![#1 Holding Company [Introduction] ~ Consolidated Financial Statements](https://i.ytimg.com/vi/b2W2F6m7vn0/default.jpg)
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