NYSE, CCL - Carnival Corp
Carnival Corporation is incorporated in Panama, and Carnival plc is
incorporated in England and Wales. Carnival Corporation and Carnival plc operate
a dual listed company (?DLC?), whereby the businesses of Carnival Corporation
and Carnival plc are combined through a number of contracts and through
provisions in Carnival Corporation?s articles of incorporation and by-laws and
Carnival plc?s memorandum of association and articles of association.
Carnival Corporation and Carnival plc are both public companies, with
separate stock exchange listings and their own shareholders. Although the two
companies have retained their separate legal identities, they operate as if they
are a single economic enterprise, with a single executive management team, and
have identical Boards of Directors. See Note 3, ?DLC Structure? to our
Consolidated Financial Statements in Exhibit 13 to this Form 10-K. ...
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