Conglomerate

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Related to breccia: Volcanic breccia

Conglomerate

A firm engaged in two or more unrelated businesses.

Conglomerate

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.

conglomerate

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.

Conglomerate.

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 ?
All characteristics of the Neola breccia pipe are similar to those described in historic technical literature for numerous other known mineralized breccia pipes.
The Neola breccia pipe is different in one characteristic.
Assay returns from three samples of San Diego breccia show the following:
At Paola, a series of limonite boxworked and stained, rubbly breccia outcrops trend north-south along Cerro Colorado ridge and were followed as breccia outcrops and boulders north from Paola for approximately 200 meters.
The Company's objective is to drill eight uranium-bearing breccia pipes over the next year from drill start-up in mid-November.
6 square miles in 77 separate blocks covering 224 breccia pipe targets.
They have recently met with the BLM and Arizona Fish and Game offices in charge of the North Pipes region to lay out a template for permitting all of the Company breccia pipes on the North Pipes project.
Both disseminated and breccia pipe copper-gold mineralization consisting of chalcopyrite, pyrite and magnetite was discovered.
From 80m to 579m depth the hole intersected strongly altered and mineralized diorite porphyry and diorite breccia.
for the Airport property, confirms Gingerich'sstatement and discloses there are three Sudbury Breccia trends striking sub-parallel to the direction of the Sudbury Igneous Complex (SIC) on the property, defining approximately 8 Km of prospective strike for potential Sudbury Footwall type deposits.
Liberty Star Gold Corp (the "Company"), (OTCBB:LBTS) is pleased to announce that 95 additional claims have been staked at the Company's North Pipes Project in Northern Arizona covering 3 square miles in 7 blocks including 15 new breccia pipe targets (Pipes).