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.
First of all, the target used is an NRA B27, which is a man-sized silhouette target. The target is two feet wide and four feet tall, so it is the size of a man. The qualification requires that you fire 30 rounds at three different distances. Ten rounds each are fired at 5 yards, 7 yards and 10 yards.