Question
ABC ltd owns 40 % of the shares of XYZ no other party owns more than 3 % of the shares. the annual general meeting
ABC ltd owns 40 % of the shares of XYZ no other party owns more than 3 % of the shares. the annual general meeting is to be held in one maonth . Historically only the holders of around 70% of shares were present and vote in each of the previous year annual meeting
Discuss the potential for XYZ to be classified as subsidiary of ABC lts
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
