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A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have following features: "separate legal personality ...
Subsidiary. A subsidiary, subsidiary company or daughter company[ 1][ 2][ 3] is a company owned or controlled by another company, which is called the parent company or holding company, which has legal and financial control over the company. [ 4][ 5] Two or more subsidiaries that either belong to the same parent company or having a same ...
merriam-webster .com. Merriam-Webster, Incorporated is an American company that publishes reference books and is mostly known for its dictionaries. It is the oldest dictionary publisher in the United States. [ 1] In 1831, George and Charles Merriam founded the company as G & C Merriam Co. in Springfield, Massachusetts.
A corporation is an organization —usually a group of people or a company —authorized by the state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as such in law for certain purposes. [ 1]: 10 Early incorporated entities were ...
Apple Computer Company was founded on April 1, 1976, by Steve Jobs, Steve Wozniak, and Ronald Wayne as a partnership. [24] [27] The company's first product is the Apple I, a computer designed and hand-built entirely by Wozniak. [28] To finance its creation, Jobs sold his Volkswagen Bus, and Wozniak sold his HP-65 calculator.
August 5, 2024 at 8:34 PM. Aug. 5—The parent company of the state's largest natural gas utility plans to sell it to a private equity firm in 2025, both companies announced Monday. The proposed ...
A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, [1] – with subtle but contrasting senses) is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country.
Dine Brands is the parent company of both restaurant chains. Applebee’s is shrinking. While Dine Brands added a net 33 IHOP restaurants domestically in 2023, the company closed 46 Applebee’s ...