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Seabourn Cruise Line
Seabourn Cruise Line is a luxury cruise line headquartered in Seattle, Washington. It is owned by Carnival Corporation & plc. History Seabourn Cruise Line was founded in 1986 under the name "Signet Cruise Lines" by the Norwegian private investor Atle Brynestad and Warren S. Titus. The name "Seabourn Cruise Line" was adopted shortly afterward following objections over trademark ownership by Signet Oil. Its first ship, '' Seabourn Pride'', entered service in 1988, followed by an identical sister, '' Seabourn Spirit'', in 1989. A third vessel, originally planned for 1990, was delayed due to investors' financial constraints and was ultimately purchased by Royal Viking Line in 1992 as '' Royal Viking Queen''. In 1995, ''Royal Viking Queen'' was transferred to a Kloster subsidiary, Royal Cruise Line, as ''Queen Odyssey''. In 1991, Carnival Corporation purchased a 25% stake in Seabourn. Carnival Corporation increased its stake to 50% in 1996, providing the company sufficient capi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
