BNET Business Dictionary
Business Definition for: Wholly-owned Subsidiary
- a company that is completely owned by another company. A wholly-owned subsidiary is a registered company with board members who all represent one holding company or corporation. Board members may be directly from the holding company or acting as its nominees, or they may be from other wholly-owned subsidiaries of the holding company.
Additional Resources
- Brush Engineered Materials Subsidiary Completes Acquisition of Techni-Met, Inc
- CLEVELAND -- Brush Engineered Materials Inc. (NYSE:BW) announced today that a wholly-owed subsidiary, Williams Advanced Materials Inc. WAM, has completed the previously announced acquisition of the assets of privately held Techni-Met, Inc. The acquisition was completed following the granting of an early termination of the waiting period under the Hart-Scott-Rodino...
- Research articles 2008-02-04
- Delta Air Lines announces new low-fare subsidiary; Strategy strengthens Delta's portfolio of services; New service appeals to price-driven travelers.
- M2 PRESSWIRE-20 November 2002-DELTA AIR LINES: Delta Air Lines announces new low-fare subsidiary; Strategy strengthens Delta's portfolio of services; New service appeals to price-driven travelers C1994-2002 M2 COMMUNICATIONS LTD RDATE:11202002 ATLANTA -- Delta Air Lines (NYSE:DAL) today announced that...
- Research articles 2002-11-20
- Patient Safety Technologies, Inc. and Surgicount Medical, Inc. to Remain Separate Companies; Dr. Louis Glazer Retires as CEO; Todd Ault Appointed CEO and Director of PST
- LOS ANGELES -- Patient Safety Technologies, Inc. (AMEX:PST) announced today that Surgicount Medical, Inc. will remain a wholly owed subsidiary of Patient Safety Technologies, Inc. ("PST"). PST's Board of Directors, with help and careful consideration from its advisors, determined that Surgicount Medical should remain a subsidiary of PST to maximize...
- Research articles 2006-07-13
- McMoRan Exploration Co. applies for license to develop natural gas
- McMoRan Exploration Co., a wholly-owed subsidiary of New Orleans- based Freeport-McMoRan Energy LLC, has applied for a license to develop a $440 million liquefied natural gas receiving terminal at the company's Main Pass Energy Hub in the Gulf of Mexico, 37 miles east of Venice in southeast Louisiana.
- Research articles 2004-03-08
- Linkwell Corporation Acquires Shanghai Likang Biological High-Tech Company and the Remaining 10% of Its Likang Disinfectant Subsidiary
- Linkwell Corporation (OTCBB: LWLL), a leading developer, manufacturer and distributor of healthcare related disinfectants in China, today announced it has acquired 100% equity of Shanghai Likang Biological High-Tech Company, Limited ("Likang Biological") from two affiliates and the remaining 10% equity of Shanghai Likang Disinfectant High-Tech Company, Limited ("Likang Disinfectant") from...
- Research articles 2007-04-09
- Markland Technologies Inc. Reports Strong July Monthly Revenue Figures
- Markland Technologies, Inc. (OTC BB: MRKL) (http://www.marklandtech.com), an integrated homeland security company, announced today that it has reported preliminary, un-audited revenues of $4,767,000 for the month of July, 2004, representing a nearly fifty-fold increase over prior year revenue for the same period. Most of this increase comes from Markland's...
- Research articles 2004-08-10
- PTS, Inc. Announces Merger with Disability Access Corporation
- LAS VEGAS -- The Board of Directors of PTS, Inc. (OTCBB:PTSH) announced today that, it has changed the name of Power-Save Energy Corp. a Delaware Corporation (Pink Sheets:PWVG) to Disability Access Corporation and it has executed an Agreement of Merger with Disability Access Consultants a wholly own subsidiary of PTS,...
- Research articles 2006-10-26
- Inter-City Products Corporation sells pipe subsidiary
- TORONTO--BUSINESS WIRE--May 31, 1996--Inter-City Products Corporation announced today that it has completed the sale of Thompson Pipe & Steel Company, a wholly onwed manufacturer of large diameter steel water pipe based in Denver, Colorado.Terms of sale were previously disclosed on May 8, 1996.Inter-City Products treated Thompson Pipe as a discontinued...
- Research articles 1996-05-31
- PEAR Industries Projects Over $4 Million in Sales of its High Performance Resins
- TORONTO--BUSINESS WIRE--Jan. 14, 1999--PEAR IndustriesR, a wholly owend subsidiary of PEAR Technologies Inc. (OTC BB:PEAR) announced Thursday that it expects to deliver over 100 metric tons of their proprietary, high performance PEARtm PolyEther Amide Resin during the next 12 months, representing projected revenues of over $4 million. The...
- Research articles 1999-01-14
- Struthers, Inc. Announces Statement On Filing Of Registration Document - Form 10
- Business Editors CHARLESTON, S.C.--BUSINESS WIRE--April 13, 2000 STRUTHERS, INC. (OTC BB: STRUE), Struthers, Inc. a world leader in porcine reproductive biotechnology, announces the completion of its corporate financial audit which was filed as part of the registration statement on Form 10 submitted to the Securities Exchange Commission SEC...
- Research articles 2000-04-13
- Imaginon and Gallagher Research Corporation Sign Agreement for Acquisition of Imaginon Subsidiary
- Business/Technology Editors SAN CARLOS, Calif.--BUSINESS WIRE--May 10, 2001 Shortly after the deal closes, the newly re-organized company, which plans to change its name to Vizario, Inc., will be traded on the OTCBB; Imaginon to retain 77% ownership in the new company. Gallagher Research Corporation,...
- Research articles 2001-05-10
- Mouser Electronics Joins 3M Touch Systems Distributor Network
- METHUEN, Mass. -- 3M Touch Systems, Inc., a wholly-own subsidiary of the 3M Company and a leading innovator and manufacturer of touch technology, introduces today Mouser Electronics as its newest authorized North American distributor for MicroTouch([TM]) touch sensors and electronics. Mouser, known for its rapid introduction of new products and...
- Research articles 2008-02-11
- Vigil Signs an Agreement to Sell all of its Assets to Datacom Wireless Corporation
- Vigil Locating Systems Corporation ("Vigil GPS") (TSX VENTURE: VIG) announces today that it signed with its wholly-own subsidiary an agreement to sell all or substantially all of their assets to Datacom Wireless Corporation (TSX VENTURE: DAT) for a maximum purchase price of one million Canadian dollars (CAD$1,000,000), including $ 275...
- Research articles 2007-07-31
- Vigil Signs an Agreement to Sell all of its Assets to Datacom Wireless Corporation.
- MONTREAL, QUEBEC, Jul 31, 2007 CCNMatthews via COMTEX -- Vigil Locating Systems Corporation ("Vigil GPS") (TSX VENTURE:VIG) announces today that it signed with its wholly-own subsidiary an agreement to sell all or substantially all of their assets to Datacom Wireless Corporation (TSX VENTURE:DAT) for a maximum...
- Research articles 2007-07-31
- BitzMart, Inc. Announces Acquisition of UTEK Corporation's Watermark Technologies, Inc. Subsidiary Containing Exclusive License to University of Miami Watermark Technology
- Business Editors CHICAGO & PLANT CITY, Fla. & CORAL GABLES, Fla.--BUSINESS WIRE-- May 30, 2001 University Technology May Solve Problem of Commercial Music Delivery Over Web BitzMart, Inc., UTEK Corporation (Nasdaq:UTOB) and the University of Miami announced jointly today that the University of Miami has granted...
- Research articles 2001-05-30
- BitzMart, Inc. Announces Acquisition of UTEK Corporation's Watermark Technologies, Inc. Subsidiary Containing Exclusive License to University of Miami Watermark Technology
- Business Editors CHICAGO & PLANT CITY, Fla. & CORAL GABLES, Fla.--BUSINESS WIRE-- May 30, 2001 University Technology May Solve Problem of Commercial Music Delivery Over Web BitzMart, Inc., UTEK Corporation (Nasdaq:UTOB) and the University of Miami announced jointly today that the University of Miami has granted...
- Research articles 2001-05-31
- Brazil: Cofade to keep plastic injection operation.
- Basf Poliuretanos, Basf's Brazilian polyurethane subsidiary, predicts to rise its income by nearly 40% with the acquisition of Cofade's elastomers assets. The new assets will be wholly transferred to Basf until the end of the 1st semester of 1999 Basf Poliuretanos, Basf's...
- Research articles 1999-05-11
- Worldwide Entertainment & Sports Announces $15 Million Contract for Charles Johnson With the Philadelphia Eagles of the National Football League
- WEST ORANGE, N.J.--BUSINESS WIRE--Feb. 23, 1999--Worldwide Entertainment & Sports Corp. (NASDAQ Small Cap: WWES) (Web Addr: www.wwentertainment.com) announced today that Charles Johnson signed a $15 million five year contract with the Philadelphia Eagles of the National Football League with a $3 million signing bonus. Johnson is...
- Research articles 1999-02-23
- A.M. Best Downgrades Rating of Standard Life Insurance Company of Indiana; Revises Outlook to Stable
- OLDWICK, N.J. -- A.M. Best Co. has downgraded the financial strength rating to B Fair from B+ Very Good of Standard Life Insurance Company of Indiana Standard Life, the principal life insurance subsidiary of Standard Management Corporation SMAN (NASDAQ: SMAN) (both of Indianapolis, IN). The rating outlook is revised from...
- Research articles 2004-07-06
- A.M. Best Affirms Ratings of Centurion Life Insurance Company and Centurion Casualty Company; Assigns Issuer Credit Rating
- OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A Excellent and issuer credit rating ICR of "a" of Centurion Life Insurance Company CLIC (Des Moines, IA), a subsidiary of Wells Fargo Financial, Inc. WFF, whose ultimate parent is Wells Fargo & Co. San Francisco...
- Research articles 2007-04-10
Neighboring Terms
Premier Vendor Content Whitepapers, webcasts & resources from our Power Center Sponsors
