holding company

Definition of holding company

: a company whose primary business is holding a controlling interest in the securities of other companies — compare investment company

Examples of holding company in a Sentence

Recent Examples on the Web His family holding company Finivest SpA also controls publisher Mondadori SpA, owns 30% of Banca Mediolanum and has a 2% stake in investment bank Mediobanca SpA, according to its website. — John Follain, Bloomberg.com, "Former Italian Premier Berlusconi Has Covid-19, Is Being Isolated at Home," 1 Sep. 2020 Alphabet, Google's holding company, reported its first-ever drop in quarterly revenue compared to the prior year. — Michael Liedtke, Star Tribune, "Amid the pandemic, Big Tech reports mixed earnings," 30 July 2020 Inspire Brands, a holding company backed by the Roark Capital Group, a private equity firm, is purchasing Dunkin', which also owns Baskin-Robbins. — Danielle Wiener-bronner, CNN, "Dunkin' is going private in $11.3 billion deal," 30 Oct. 2020 Gestion Audem holds 69% of the voting rights at holding company Cogeco, while Rogers has control over 13% of the votes. — Divya Balji, Bloomberg.com, "Cogeco Majority Investor Makes ‘Definitive’ Rejection of Altice," 8 Sep. 2020 On leave as chief executive officer, the Cranemere Group, an investment holding company; former board member, Facebook Inc. — Greg Ip And Ken Thomas, WSJ, "Business on Biden: Not So Bad, Given the Alternatives," 25 Oct. 2020 The group’s holding company, Tata Sons, and the seven charities which today own 66% of its shares, have been a pillar of India’s philanthropy, donating $156m last financial year, as well as its industry. — The Economist, "Endangered species Can Tata Sons regain its footing?," 3 Oct. 2020 Wometco, a holding company out of Florida, bought Lathrop in 1969. — David Reamer, Anchorage Daily News, "Despite the odds, Anchorage used to have 3 drive-in movie theaters in operation at the same time," 11 Oct. 2020 MacAndrews & Forbes, a holding company for Perelman’s assets, controls RetailMeNot’s parent company, Vericast Corp., formerly known as Harland Clarke Holdings. — Katherine Doherty, Bloomberg.com, "Perelman’s Coupon Company RetailMeNot to Sell for $420 Million," 29 Sep. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'holding company.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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Last Updated

23 Nov 2020

Cite this Entry

“Holding company.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/holding%20company. Accessed 26 Nov. 2020.

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