A company which acquires more than 50% voting shares of another company is called?
Answer Details
A company which acquires more than 50% of the voting shares of another company is called a "holding company". This means that the holding company has control over the subsidiary company because it has the majority of the voting shares. The subsidiary company remains a separate legal entity, but is now owned by the holding company. The holding company may also provide strategic direction and financial support to the subsidiary company.