Dodge Santanas

Which party, if any, is required to consolidate Liger? Does Liger meet the definition of a variable interest entity?

Consolidation Liger Enterprises (“Liger”), a corporation and legal entity, was established in June 2019 to develop, produce, and sell exotic pet food throughout Florida. Equity ownership in Liger is equally split between Lion Corporation (“Lion”), a processor of animal food, and Tiger Inc. (“Tiger”), a regional logistics company. Lion, a well-known animal-food processor in Homestead, […]

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