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When a company acquired another company and became wholly owned subsidiary does all employees become new employees or grandfathered?
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∙ 12y ago
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Wiki User
∙ 12y ago
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In the United States can one company be an employee of another company?
Only humans can be employees. The employees of a subsidiary company are also the employees of the parent company, unless the subsidiary is unusually and intentionally independent.
What is another word for subsidiary?
What is another word for subsidiary?
What do you call a company that owns another company?
A company that owns another is a Parent Company, while the one that is owned by another is a Subsidiary. The Subsidiary may be fully owned or partly owned. To qualify as a Subsidiary, the Parent must hold at least 25% of the shares of the Subsidiary.
Indian Subsidiary?
A subsidiary company is one that is controlled and managed by another company, which can be either a parent company or a holding company.
What are disadvantages of subsidiary?
Legal paperwork ,can be lengthy and expensive Controlling issue when a subsidiary is partially owned by another outside organization
How do you make subsidiary Plural?
Buy another, then you would have two subsidiaries
What is another term for civilian federal employees?
Another term for Federal employees is bureaucrats.
What is the name for a business owned by another company?
Subsidiary. The owner - is a parent company.
Wholly owned indirect subsidiary?
Since the Internet had no information on this, I asked a lawyer, who by his own admittance said he wasn't positive, but believed that: a wholly owned indirect subsidiary is a wholly owned subsidiary (Company 3) that itself is owned by a wholly owned subsidiary (Company 2) of another company (Company 1). Such that Company 3 is a "wholly owned indirect subsidiary" of Company 1.
Difference between subsidiary and a franchise?
Subsidiary and franchise each have several different meanings. In business, a subsidiary is a company that is totally under the control of another company. A franchise is a business that is operated with legal permission to sell or distribute a particular company's goods or services.
Was Fisher manufacturer of homes acquired by another manufacturer?
"Was Fisher manufacrurer of homes acquired by nother manufacturer
Servants is another term for civilian federal employees?
Civil servants is another term for civilian federal employees.
