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Old 21-03-2018, 08:07   #1218
1andrew1
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Re: Government & Post Election Discussion

Quote:
Originally Posted by pip08456 View Post
The requirements on the subsidiaries would have no affect on the parent company so nice try at obfuscation Andrew.

If you want a lesson on parent/umbrella companies you just need to look at the now gone (amalgamated) Grand Metroplitan's history.

https://en.wikipedia.org/wiki/Grand_Metropolitan

Makes interesting reading for those who don't know how companies with subsidiaries operate. The parent/umbrella company may own the subsidiary but each one is run as it's own independent concern. Where the profits eventually end up is a different story.
Not sure how a potted history lesson from Wikipedia on a specific drinks company that ends in 1997 is relevant to this debate but if sarcasm is your thing then you'll appreciate me thanking you for taking part anyway.
When people talk about say Ford or Cambridge Analytica they generally mean the whole of the company including its subsidiaries.
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