wholly owned subsidiary of Capcom Interactive, Inc. developing and distributing mobile phone games originally an unrelated developer known as Cosmic Infinity, Inc. before it was acquired by Capcom, then renamed as Capcom Interactive Canada, Inc and Beeline Interactive.
A company that is totally owned by another company. For example, American Airlines is a wholly owned subsidiary of AMR Corp. A wholly owned subsidiary may have publicly traded preferred stock and debt, but all of its common stock is owned by a parent company and is unavailable for purchase.
On October 11, 2008, Infogrames completed its acquisition of Atari, Inc., making it a wholly owned subsidiary.  On January 21, 2013, Atari, Inc., Atari Interactive Inc., Humongous, Inc. and California US Holdings, Inc. (collectively, the "Companies") filed petitions for relief under Chapter 11 of the United States Bankruptcy Code in the ...
Symbility Solutions announced that CoreLogic, through its indirect wholly owned subsidiary, 2154638 Alberta, has completed the acquisition of all of the issued and outstanding common shares of Symbility not already owned by it or its affiliates for a purchase price of 61.5 per common share.
Wholly-owned subsidiaries synonyms, Wholly-owned subsidiaries pronunciation, Wholly-owned subsidiaries translation, English dictionary definition of Wholly-owned subsidiaries. adj. 1. Serving to assist or supplement; auxiliary.
A wholly owned subsidiary is a company that is completely owned by another company. The company that owns the subsidiary is called the parent company or holding company. The parent company will ...
On January 26, 2009, Seiko Holdings and Seiko Instruments announced that the two companies will be merged on October 1, 2009 through a share swap. Seiko Instruments became a wholly owned subsidiary of Seiko Holdings on October 1, 2009. Seiko Holdings Corporation (SEIKO, TYO: 8050, headquartered in Tokyo) Seiko Watch Corporation (marketing watches)
Any wholly owned subsidiary is a standalone company floated by a parent company, but it is the parent company that will be regarded as the 100 percent owner of the stock of its subsidiary. A lot of tax benefits could be enjoyed when a company buys or creates another company as a wholly owned subsidiary .
B. Grimm owns and operates more than 20 power plants in Thailand, four in Laos and one in Vietnam, through its subsidiary Amata Power. Amata Power is a joint-venture between Amata and the Sumitomo Corporation, with the majority stake owned by B. Grimm.
As its largest public sector unit, CGI Federal Inc, the company's wholly owned subsidiary serving the US Federal government, contributed significantly from all sectors (defense and civilian) to the strong quarter's bookings-the company's first full quarter of combined operations following the acquisition of Stanley, Inc.