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nounFinance.
a company that controls other companies through stock ownership but that usually does not engage directly in their productive operations (distinguished from parent company).
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The agency holding companies have chosen divergent paths over how to leverage and incorporate data, which in the last five or so years has muscled its way to the forefront of most media decisions.
One advertiser finalized a deal last week to advertise during the Inauguration and “their deal is packed with contingencies in the event that there is a problem,” according to a media buyer for a holding company agency.
Distributions from the holding companies have varied, Johnson said, and Rechnitz has used some of his share to acquire new facilities, invest in operations and donate to charity.
The Hangzhou-based firm now needs to move forward with setting up a separate financial holding company to ensure it has sufficient capital, and protect personal private data, the central bank said.