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Related to Conglomerate: Conglomerate merger


A firm engaged in two or more unrelated businesses.


A corporation that runs and manages many, unrelated businesses. The businesses are in different industries and generally have nothing at all to do with each other in terms of what products are produced. The theory behind a conglomerate states that the individual businesses can be managed at lower cost because they are able to pool resources while also reducing risks inherent to any particular industry. Conglomerates are not as popular in the United States as they once were because some became so complex, they were impossible to operate. See also: Keiretsu, Chaebol.


A company engaged in varied business operations, many of which seem unrelated. A conglomerate is designed to have reduced risk, since its various operations are affected differently by business conditions over time. In addition, it is possible for a conglomerate to redistribute its corporate assets depending on which operations show the most promise. Conglomerates were popular among investors during the 1960s but investors' interest in them faded during the 1970s and the 1980s.


A conglomerate is a corporation whose multiple business units operate in different, often unrelated, areas.

A conglomerate is generally formed when one company expands by acquiring other firms, which it brings together under a single management umbrella.

In some, but not all, cases, the formerly independent elements of the conglomerate retain their brand identities, though they are responsible to the conglomerate's management.

Some conglomerates are successful, with different parts of the whole contributing the lion's share of the profits in different phases of the economic cycle, offsetting weaker performance by other units.

Other conglomerates are never able to meld the parts into a functioning whole. In those cases, the parent company may sell or spin off various divisions into new independent companies.

References in periodicals archive ?
Until all that changes, the country's era of conglomerate dominance has a long way left to run.
2] measures the sensitivity of conglomerate excess value to capital market conditions for small conglomerates (financially constrained) and [[gamma].
It also shows that there are many more opportunities for conglomerates to add value by managing their diversity more effectively.
In the case of conglomerate mergers, the increase is .
In so doing, Congress and Clinton have opened the door for banks, securities firms, insurance companies, and in some cases nonfinancial corporations to combine into a handful of giant conglomerates.
In addition to escalating foreign debt, conglomerate are also indebted to national banks including government banks.
Mr Kang Bong-kyun, chief economic aide to President Kim Dae-jung, said the deal would end months of Government efforts to persuade South Korea's bloated, debt-ridden conglomerates to swap or merge some of their overlapping subsidiaries.
Work by Anderson (1958) recognized conglomerate layers rich in calcium carbonate nodules at some of the classic Cold Spring sites.
Ju joins Jefferies from Bank of America Merrill Lynch, where she was a Managing Director and Co-Head of Hong Kong/China Research as well as Head of Conglomerate & Property Research.
There may be, however, costs to firms with a close relationship with a financial conglomerate as firms may be locked up due to an information monopoly.
celebrates the 50th anniversary of Disneyland, the nephew of the company's founder and another former member of the board of directors sued the entertainment and media conglomerate Monday to overturn the selection of Robert Iger as replacement for outgoing CEO Michael D.