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• n  a company that is incorporated but has no assets or operations

• shell entity

News & Articles

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• Audit says federal agency failed in overseeing troubled port project
  A new federal audit reveals the bungling of Anchorage's troubled port project goes back to its very roots, when a Native corporation subsidiary that the port derided as a "shell corporation" landed the original $211 million contract.
  Aug. 9, 2013 - Anchorage Daily News