DEFINITION of 'Wholly Owned Subsidiary'. A company whose common stock is 100% owned by another company, called the parent company. A company can become a wholly owned subsidiary through acquisition by the parent company or spin off from the parent company. In contrast, a regular subsidiary is 51 to 99% owned by the parent company.
Invented in Mexico, Adopted in America. Itâs thought that silhouette shooting began in Mexico around 1914 as a marksmanship contest between Pancho Villaâs men. The sport spread throughout Mexico following the Mexican Revolution, eventually making its way to America in the 1960s.
NRA Smallbore Silhouette Championships Conclude Today. Roughly 130 competitors have gathered at the NRA Whittington Center for the NRA Smallbore Silhouette Championships held August 2-4. Today the final matches will be held for the Smallbore Rifle Class and Hunting Rifle Class Silhouette Championships. This year, 13 shooters have traveled from Mexico to compete against some of the best Smallbore Silhouette shooters in the United States.