holding company

The case against him centred over allegations that he had been involved in the selection of executives on a newly-created state holding company when he was chancellor, as opposed to being merely kept informed.

After pulling the plug on the Paramount sale, mogul Shari Redstone made it known that she would entertain offers for her family holding company, National Amusements Inc., that controls Paramount’s voting shares.

MrBeast’s holding company, Beast Industries, which employs more than 400 people, made $473 million in revenue last year, according to Business Insider.

The controversy has clouded Paramount Global Chairwoman Shari Redstone’s plans to sell Paramount, and her family’s holding company, to David Ellison and his Skydance Media.

Its holding company entered administration in September and restructuring expert Russell Downs was appointed to run the business and find a new owner.