Friday, January 22, 2010

A holding company acquires a controlling share in another company (plc), can the company direct the?

acquired companies excess profit or profit in general to its accounts.A holding company acquires a controlling share in another company (plc), can the company direct the?
A holding company can ';acquire excess profits'; of the subsidiary by getting the subsid to declare dividends. But note that minority shareholders will also get their entitled dividends too.
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