A company which acquires more than 50% voting shares of another company is called?
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Correct Answer: Option C
Explanation:
A holding company is a company that owns enough shares in another company to exercise control over it. Owning more than 50% of the voting shares generally gives the holding company majority control.
A holding company is a company that owns enough shares in another company to exercise control over it. Owning more than 50% of the voting shares generally gives the holding company majority control.