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A company that is part of a collection of consolidated, merged, or affiliated companies. A constituent company may be a subsidiary of another company, or a regional or functional division of an umbrella company. Constituent companies are often created or acquired to focus on particular business needs of the group. And like An entity that acts as a principal in authorizing another party (such as an elected official) to act as its agent.Or , It is under the rule of a parent company. It is acquired to meet needs of a group. without remember indeed of one of a group of companies that join together to form a larger organization.
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