Homework Help: Business

Posted by Don on Monday, March 14, 2011 at 1:25am.

If one company(A) owns another company(B) and Company B owns a third company (C) is it safe to say that Company A owns part of Company C?

A real life example is the sports media group TSN is 20% owned by ESPN. ESPN is then in turn 80% owned by The Walt Disney Company. Can I say that Disney owns 16% of TSN?

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