No, Browning is a privately held corporation.
What is another word for subsidiary?
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.
Legal paperwork ,can be lengthy and expensive Controlling issue when a subsidiary is partially owned by another outside organization
A subsidiary company is one that is controlled and managed by another company, which can be either a parent company or a holding company.
I would like to start out with I have never seen a Browning serial number as described by you.Are we sure that you have a Browning 16ga shotgun,or another made shotgun that may have used Browning,s patent?I must admit that I have never seen a straight stocked Browning shotgun or heard of one in my many years of collecting firearms.
Buy another, then you would have two subsidiaries
You can ask here providing the full serial number, or you can try the Browning web site, although it's not always complete. Another good source is the Blue Book of Firearms which has accurate serial numbers in the appendix.
Subsidiary. The owner - is a parent company.
Another word for fire arm is explosives
The term "subsidiary" can be abbreviated as "subs." This abbreviation is commonly used in business contexts to refer to a company that is controlled by another company, known as the parent company.
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.
Browning did not make ammunition. They contracted another company to make it for them.