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The Merck Group, branded and commonly known as Merck, is a German multinational science and technology company headquartered in Darmstadt, with about 60,000 employees and a presence in 66 countries. The group includes around 250 companies; the main company is Merck KGaA in Germany. The company is divided into three business lines: Healthcare ...
Yum! opened Super Chix in Central Arlington, Texas, a restaurant similar in format to Chick-fil-A, on April 9, 2014. [37] In the summer of 2014, Yum!'s Taco Bell subsidiary launched its U.S. Taco Co and Urban Tap Room fast-casual taco concept restaurant in Huntington Beach, California, to take on fast casual restaurants like Chipotle and Panera ...
Subsidiaries are separate, distinct legal entities for the purposes of taxation, regulation and liability.For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it.
The restaurant chain was created as Pei Wei Asian Diner in 2000 by P. F. Chang's China Bistro (PFCB) to compete in the fast casual restaurant segment with a Pan Asian menu and quick, made-to-order service model, while P. F. Chang's remained in the full-service restaurant segment. [2] The first Pei Wei location opened in Scottsdale in 2000. [3]
Darden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando, Florida. [1] As of May 2023, the firm owns three fine dining restaurant chains: Ruth’s Chris Steak House, Eddie V's and The Capital Grille; and six casual dining restaurant chains: Olive Garden Italian Restaurant, LongHorn Steakhouse, Bahama Breeze, Seasons 52, Yard House and Cheddar's Scratch ...
TGI Fridays Franchisor, LLC, doing business as TGI Fridays, [a] is an American restaurant chain focusing on primarily American cuisine and casual dining. [7] The restaurant's founder said the name stood for "Thank God It's Friday", although as of 2010 some television commercials for the chain have also made use of the phrase, "Thank Goodness It's Friday". [8]
Affiliate (commerce) In business, an affiliate is an entity that owns less than a majority stake in another's stock. Affiliations can also describe a type of relationship in which at least two different companies are subsidiaries of a larger parent company. Most recently, affiliation has been a popular form of marketing for eCommerce companies.
Subsidiary. A subsidiary, subsidiary company or daughter company[ 1][ 2][ 3] is a company owned or controlled by another company, which is called the parent company or holding company, which has legal and financial control over the company. [ 4][ 5] Two or more subsidiaries that either belong to the same parent company or having a same ...