Forming subsidiaries is a way for companies to diversify their operations, decentralize management, expand their influence in the global marketplace, obtain certain tax benefits, and even make the ...

Section 189 of the California General Corporation Law defines "subsidiary" as follows: "(a) Except as provided in subdivision (b), “subsidiary” of a specified corporation means a corporation shares of ...

On May 3, 2019, the Securities and Exchange Commission (SEC) voted to propose rule amendments with regard to financial disclosures about acquired and disposed businesses (the “Proposal”), including ...