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Diversified Company

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Diversified Company
A company that operates and/or invests in several different business sectors. A diversified company exists to reduce unsystematic risk; that is, when one industry is doing poorly, a diversified company may still do well if its other industries are performing well. As a result, stock in a diversified company is generally more stable than the average stock. See also: Conglomerate merger.

diversified company
A company engaged in varied business operations not directly related to one another. A diversified company is less likely to suffer either a collapse or a spectacular gain in earnings compared with a firm concentrating its operations in a single business. Likewise, the stock of a diversified company is unlikely to bring extraordinarily large gains or losses to its shareholders.


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Foundation stockholders not only receive a significant premium, but they also gain an opportunity to participate in the upside potential of a diversified company that possesses the scale and asset quality to successfully compete in today's challenging market environment and on an expanded global stage," James Roberts, chairman and CEO of Foundation, commented.
Henningsen Cold Storage, based in Hillsboro, Oregon, is an 84-yearold diversified company with full service, temperature-controlled logistic centers in Oregon, Washington, Idaho, North Dakota, Oklahoma and Pennsylvania.
 
 
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