The corporation that owns the shares of the subsidiary corporation in a share exchange is known as the ________.

Question

Quizplus · Accepted Answer

The corporation that owns the shares of the subsidiary corporation in a share exchange is known as the parent corporation. The parent corporation is the entity that controls the subsidiary and is often responsible for its management and operations. The surviving corporation is the company that remains after a merger or acquisition, not a share exchange. Sole proprietor and primary partner are not relevant terms in the context of a share exchange.

The Corporation That Owns the Shares of the Subsidiary Corporation