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Until now the only Alphabet subsidiary was Google Inc. The other bets were still Google Inc subsidiaries. This move brings them up a level and separates them fr

by zrail 9y ago

Until now the only Alphabet subsidiary was Google Inc. The other bets were still Google Inc subsidiaries. This move brings them up a level and separates them from Google.

BurningFrog 9y ago
Looks like a pretty clean refactoring to me!
- akvadrako 9y ago
  I don't see why they don't just put all their subsidiaries under Alphabet. What is the purpose of Alphabet if not a holding company?
  - zrail 9y ago
    Uncertain. XXVI could be just a vehicle for accomplishing that eventually. For now it probably just simplifies the transaction.
  - digitalzombie 9y ago
    It's in the article. Alphabet owns google and the other bets. If one of the LLC under Alphabet get sued it doesn't effect the other LLC (bets or Google).
    - akvadrako 9y ago
      That doesn't explain anything.