For example: “After its IPO, the business became a public corporation with thousands of shareholders.” Holding Corporation A company created to own shares in other companies. For example: “The holding corporation controls several smaller companies across various industries.” Private Corporation A b...
specifically : small business corporation in this entry called also closely held corporation compare public corporation in this entry — foreign corporation : a corporation organized under the laws of a state or government other than that in which it is doing business — government corporation...
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Define Public Co.. means any corporation owning Equity Interests in the Borrower and formed for the purpose of effecting a public offering of the Equity Interests of such corporation or an affiliate thereof.
which in each case shall be formed in accordance with Applicable Law to hold the PublicCo Acquisition Interest to be purchased by it from the Saudi Aramco Founding Shareholder in accordance with Sections 5.2(a) (Sale of PublicCo Acquisition Interest; Initial Public Offering) and 19.2(a) (Permit...
Definition:A corporation is a legal form of business that is separate from its owners. In other words, it’s a business that is a separate legal entity from its shareholders. The basic corporate structure consists of the shareholders, board of directors, and officers. The shareholders are the...
Shawn has a masters of public administration, JD, and a BA in political science. Let's review what we've learned. A corporation is a business entity legally distinct from its owners. A board of directors governs it, with officers managing day-to-day operations. Advantages of a corporation...
What is a corporation? Learn the types of corporations, corporate form, and the main advantages plus disadvantages of corporations, including...
The meaning of CORPORATION is a group of merchants or traders united in a trade guild. How to use corporation in a sentence.
Public enterprises are by definition intended to be operated in the public interest. This gives rise to a number of organizational and commercial issues. One problem is how to reconcile the need for close political control with the need for sufficient management autonomy. The public corporation form...