Examlex
Compliance-based corporate ethics programs
Consolidation
The act of combining multiple entities, assets, or processes into a single, more effective and efficient unit.
Short-form Merger
A method of merger where a parent company merges with a subsidiary and doesn't require approval from the subsidiary's shareholders.
Parent Corporation
A company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.
Subsidiary's Stock
Shares of ownership in a company which is controlled by another firm, where the controlling firm owns more than 50% of the subsidiary's stock.
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