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.
1 Gavrilo Princip fired the shot that started World War I when he killed Archduke Franz Ferdinand. 2  Princip, a Slav nationalist, wanted to drive the Austro-Hungarians out of Bosnia. 3  He was a high school student when he carried out the assassination, in Sarajevo. century ago this Saturday on a street corner in Sarajevo, Gavrilo Princip fired the shot that started World War I when he killed Archduke Franz Ferdinand.