The view hasn't changed much, perhaps appropriate, since the parent company is the oldest commercial corporation in North America, according to Wikipedia, dating to 1670, with a history that crosses some interesting national borders.
My favorite is the story of the company's founding. Two French traders learned of rich territory around Hudson's Bay and sought French government backing for a fur-trading venture. Colbert said no, so the traders sought and received backing from England instead. The resulting company became the largest landowner in the world and altered the face of North American history. Oops!
© Peter Rozovsky 2011