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Rakhi Vasavada
Rakhi Vasavada, Financial and Legal Consultant
Category: Finance
Satisfied Customers: 4536
Experience:  Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
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I own a Golf course and would like to buy another one, my

Customer Question

I own a Golf course and would like to buy another one, my first course is owned by a holding company. Does it purchase the second company?
Submitted: 4 months ago.
Category: Finance
Customer: replied 4 months ago.
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Expert:  Rakhi Vasavada replied 4 months ago.

Dear Friend,

Hello and welcome. Thank you for providing an opportunity to assist you.

YES it can. Your current holding company can certainly purchase another company. It would become the owned subsidiary of the currently holding company. In fact, this would be the most straight forward way to acquire the another golf course.

I am sure this would help.

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Warm Regards,