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22-590: ATG may refer to: Companies [ edit ] ATG Stores , an e-tail site Advanced Technology Group (Apple) , a former division of Apple Computer Advanced Technology Group (Novell) , a former division of Novell Aviation Technology Group , the defunct developer of the Javelin Very Light Jet (VLJ) Auction Technology Group , a digital marketplace company formerly known as ATG Media Military [ edit ] Alaska Territorial Guard ,

44-462: A corporate group . In some jurisdictions around the world, holding companies are called parent companies , which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders , and can permit the ownership and control of a number of different companies. The New York Times uses the term parent holding company . Holding companies can be subsidiaries in

66-495: A tiered structure . Holding companies are also created to hold assets such as intellectual property or trade secrets , that are protected from the operating company. That creates a smaller risk when it comes to litigation . In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits such as tax-free dividends can be claimed. That is, if Company A owns 80% or more of

88-463: A country in the east Caribbean Sea Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title ATG . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=ATG&oldid=1228912353 " Category : Disambiguation pages Hidden categories: Short description

110-526: A matter of broadcast regulation . In the United States, a personal holding company is defined in section 542 of the Internal Revenue Code . A corporation is a personal holding company if both of the following requirements are met: A parent company is a company that owns enough voting power in another firm (or subsidiary ) to control management and operations by influencing or electing its board of directors . The definition of

132-668: A military reserve force in World War II Anti-tank gun, a mobile weapon used in Anti-tank warfare Organizations [ edit ] Alternative Tourism Group , a Palestinian NGO Ambassador Theatre Group , a theatre group in the UK Science [ edit ] ATG, a three-base sequence of DNA in the genetic code representing a start codon and/or methionine Anti-thymocyte globulin , antibodies to prevent and treat transplant rejection ATG

154-425: A parent company differs from jurisdiction to jurisdiction, with the definition normally being defined by way of laws dealing with companies in that jurisdiction. When an existing company establishes a new company and keeps majority shares with itself, and invites other companies to buy minority shares, it is called a parent company. A parent company could simply be a company that wholly owns another company, which

176-472: A tending subsidiary of the purchasing company, which, in turn, becomes the parent company of the subsidiary. (A holding below 50% could be sufficient to give a parent company material influence if they are the largest individual shareholder or if they are placed in control of the running of the operation by non-operational shareholders.) In the United Kingdom, the term holding company is defined by

198-466: Is defined by Part 1.2, Division 6, Section 46 of the Corporations Act 2001 (Cth) , which states: A body corporate (in this section called the first body) is a subsidiary of another body corporate if, and only if: Toronto-based lawyer Michael Finley has stated, "The emerging trend that has seen international plaintiffs permitted to proceed with claims against Canadian parent companies for

220-511: Is different from Wikidata All article disambiguation pages All disambiguation pages ATG Stores ATG Stores was founded in 1999 with the launch of its first website, Lighting Universe, with the goal to consolidate lighting catalogs and pricing online for designers, homeowners and contractors. In 2000 LightingUniverse.com went live, and two years later ATG Stores launched FixtureUniverse.com, targeting plumbing fixtures and decorative bath products. In 2003 Allied Trade Group, Inc.

242-473: Is short for " autophagy -related", which can apply to either genes or proteins Other uses [ edit ] Ankara Tren Garı , a mixed use building in Ankara, Turkey Anti Tank Guitar , a string instrument Art Technology Group , a software developer Art Theatre Guild , a Japanese film production company Auto-gating, in night vision devices The ISO 3166 code for Antigua and Barbuda ,

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264-458: Is sometimes done on a per- market basis. For example, in Atlanta both WNNX and later WWWQ are licensed to "WNNX LiCo, Inc." (LiCo meaning "license company"), both owned by Susquehanna Radio (which was later sold to Cumulus Media ). In determining caps to prevent excessive concentration of media ownership , all of these are attributed to the parent company, as are leased stations , as

286-578: The Puget Sound Business Journal : in 2006 they were ranked #16 and in 2007 ranked #31 on their list of fastest growing companies in the Northwest. Parent company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own stock of other companies to form

308-480: The Companies Act 2006 at section 1159. It defines a holding company as a company that holds a majority of the voting rights in another company, or is a member of another company and has the right to appoint or remove a majority of its board of directors, or is a member of another company and controls alone, pursuant to an agreement with other members, a majority of the voting rights in that company. After

330-632: The financial crisis of 2007–2008 , many U.S. investment banks converted to holding companies. According to the Federal Financial Institutions Examination Council 's website, JPMorgan Chase , Bank of America , Citigroup , Wells Fargo , and Goldman Sachs were the five largest bank holding companies in the finance sector, as of December 2013 , based on total assets. The Public Utility Holding Company Act of 1935 caused many energy companies to divest their subsidiary businesses. Between 1938 and 1958

352-559: The ATG Stores retail showrooms in Washington state and allowed for Lowe's customers to purchase ATG Stores items in-store for pickup. In April 2017, ATG Stores rebranded to The Mine, and added a personal concierge service to their online shopping offering. The Mine has been on Inc. magazine's fastest growing companies list twice. Once in 124th place in 2006 and once in 412th place in 2007. They have also received recognition by

374-455: The United Kingdom, is generally held that an organisation holding a 'controlling stake' in a company (a holding of over 51% of the stock) is in effect the de facto parent company of the firm, having overriding material influence over the held company's operations, even if no formal full takeover has been enacted. Once a full takeover or purchase is enacted, the held company is seen to have ceased to operate as an independent entity but to have become

396-499: The allegedly wrongful activity of their foreign subsidiaries means that the corporate veil is no longer a silver bullet to the heart of a plaintiff's case." The parent subsidiary company relationship is defined by Part 1, Section 5, Subsection 1 of the Companies Act, which states: 5.—(1) For the purposes of this Act, a corporation shall, subject to subsection (3), be deemed to be a subsidiary of another corporation, if — In

418-571: The number of holding companies declined from 216 to 18. An energy law passed in 2005 removed the 1935 requirements, and has led to mergers and holding company formation among power marketing and power brokering companies. In US broadcasting , many major media conglomerates have purchased smaller broadcasters outright, but have not changed the broadcast licenses to reflect this, resulting in stations that are (for example) still licensed to Jacor and Citicasters , effectively making them such as subsidiary companies of their owner iHeartMedia . This

440-540: The stock of Company B, Company A will not pay taxes on dividends paid by Company B to its stockholders, as the payment of dividends from B to A is essentially transferring cash within a single enterprise. Any other shareholders of Company B will pay the usual taxes on dividends, as they are legitimate and ordinary dividends to these shareholders. Sometimes, a company intended to be a pure holding company identifies itself as such by adding "Holding" or "Holdings" to its name. The parent company–subsidiary company relationship

462-611: Was formed as the parent company of Lighting Universe and Fixture Universe with the goal to grow into a full line home furnishings supplier. ATG Stores added 50 stores in the beginning of 2008 and at one point encompassed around 500 websites in multiple home furnishing, utility and paraphernalia categories, specializing in product sales of a variety of brand name manufacturers. ATG Stores opened their first brick and mortar showroom in May 2004 in Kirkland, Washington , and their second showroom

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484-462: Was purchased from The Lighting Co in August 2004. There were as many as seven ATG retail showrooms, all of which have closed. Lowe's Home Improvement acquired ATG Stores on December 29, 2011 with the intention of expanding the product variety available to Lowe's stores and Lowes.com while also bringing more traffic and credibility to ATG Stores as an online e-tailer . This initiated the closing of

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