Explain what happens to Parent Holding Company after the split up
Answer this question based on the picture below. Cookie Monster and Miss Piggy are shareholders in Parent Holding Company, and Parent Holding Company is the owner of Subsidiary 1 and Subsidiary 2. The image below shows the structure before a split up and the structure after the split up. Explain what happens to Parent Holding Company after the split up?
HINT: Parent company is holding nothing after the split up.
Answer preview to explain what happens to Parent Holding Company after the split up
APA
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