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There are other reasons to do such splits though; a popular is tax evasion (the parent company holds the intellectual property, and charges the child company en
by perlgeek 6y ago
There are other reasons to do such splits though; a popular is tax evasion (the parent company holds the intellectual property, and charges the child company enough fees that the child company doesn't make any profits), and of course private companies don't have the same disclosure obligations as public companies.