Re:Alphabet Finishes Reorganization with New XXVI Company
by ocdtrekkie on Friday September 01, 2017 @09:44PM
(#15153712)
I am confused because that's what the article seems to say. The other segment on this is:
> “By separating them, it allows the parent company to limit the exposure of the various obligations of the LLCs,” Hobart said. “For example, if one of the LLCs has its own debt, only that LLC will end up being responsible for payment of that debt.”
Is it that the act of making them separate companies under a holding company that grants them this, rather than the change to an LLC specifically?
> “By separating them, it allows the parent company to limit the exposure of the various obligations of the LLCs,” Hobart said. “For example, if one of the LLCs has its own debt, only that LLC will end up being responsible for payment of that debt.”
Is it that the act of making them separate companies under a holding company that grants them this, rather than the change to an LLC specifically?