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What is complicated about what a holding company does?You see, it's complicated.
https://en.wikipedia.org/wiki/HRG_Group
"originated from an oil company (Zapata) started by a group including future U.S. president George H. W. Bush."
https://www.oaklins.com/us/en/deals/3462/
"After the transaction, Zapata will continue to own 5,232,708 shares ofOmega Protein common stock, or 33% of the company."
https://www.investopedia.com/terms/h/holdingcompany.asp
Also, George H. W. Bush left Zapata in 1966, 6 years before Zapata entered the marine protien industry.
https://www.telegraph.co.uk/finance/2916479/Glazers-fishy-family-business.html