So, you started a business, and your operating company (“Opco”) is running quite nicely. You’re out for coffee with a business pal, who starts telling you about his/her holding company (“Holdco”). Their accountant said they needed one, but,...
PART 1 What Is a Holding Company? A holding company is a parent corporation, limited liability company, or limited partnership that owns enough voting stock in another company, that it can control that company's policies and oversee its...