operating company


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Operating Company

A company that makes a good or provides a service that it then sells to customers or clients. An operating company contrasts with a holding company whose main function is to own other companies.

operating company

A business that engages in transactions with outsiders.
References in periodicals archive ?
The involvement of operating company directors their companies' strategies takes three forms:
Our operating company CEOs are chosen primarily for their entrepreneurial attitudes and abilities.
We have phone meetings every Monday morning with every operating company president sitting in his office with a screen that we control here that looks at the forecast for the operating company for the month, updated every week.
Therefore, the purchase of a shell and subsequent merger of an operating company into that shell do not provide the means for a company to sell publicly its stock.
if the financial officer is advising companies that are evaluating the acquisition of an operating company that used the shell-company process, he should exercise extreme caution.
As an operating company, Innalogic, LLC designs, engineers, integrates, and deploys advanced wireless security products and services.
Tiete's operating cost structure is low and relatively stable, and operating company debt service is easily manageable.
Fitch's rating action on the wireline operating company debt reflects our confidence that the transaction will ultimately attain approval and that the capitalization structure and credit protection metrics of the new wireline business will not be consistent with the current ratings of Alltel.
The Rating Watch Negative designation indicates a further downward rating action could occur, depending on the ultimate capital structure of the new wireline company, and the position of the operating company bonds within the new capital structure.
The supplemental indentures will be executed by Harrah's Operating Company, Harrah's Entertainment and each trustee under the indentures and will amend the indentures to allow the consolidated annual audited financial statements of Harrah's Entertainment and its subsidiaries, and the periodic and other reports filed by Harrah's Entertainment with the Securities and Exchange Commission, to satisfy the requirement for Harrah's Operating Company to deliver consolidated annual audited financial statements and such periodic and other reports to the respective trustees.
Upon consummation of the merger of Caesars with and into Harrah's Operating Company, Harrah's Operating Company assumed all of Caesars' obligations under the Notes and the Indentures governing the Notes.
Pursuant to the consent solicitation, Harrah's Operating Company is requesting that holders of the Notes as of July 7, 2005, the record date for the consent solicitation, consent to certain proposed amendments to the Indentures governing the Notes.