conglomerate

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Conglomerate

A corporation operating in several different and unrelated enterprises, such as the movie industry, baking, and oil refining.

A conglomerate merger is one that brings together two firms with totally different product lines, economic relationships, and functions. Such a merger may violate antitrust acts inasmuch as it may have an adverse effect on competition.

conglomerate

adjective accumulated, aggregate, amalgamated, amassed, assembled, blended, brought together, collected, collectivized, complex, composite, compound, compounded, congregate, congregated, cumulated, gathered into a round mass, glomerate, indiscriminate, inseparable, mass, mingled, miscellaneous, mixed, united, varied
See also: accumulation, agglomeration, aggregate, assemblage, coadunate, coalition, coherent, collect, collection, combine, commingle, compile, complex, composite, compound, concentrate, congregate, consolidate, corporation, corpus, crystallize, cumulation, desegregate, development, gather, join, merge, unite
References in periodicals archive ?
His divisions include: solo self-employed individuals, team builders, independent pattern multipliers, economy-of-scale exploiters, capital aggregators, acquirers, buy-sell artists, conglomerators, speculators, and apparent manipulators.
These are (1) solo self-employed individuals, (2) team builders, (3) independent innovators, (4) pattern replicators, (5) economy of scale exploiters, (6) capital aggregators, (7) acquirers, (8) buy-sell artists, (9) conglomerators, (10) speculators, and (11) apparent value manipulators.
My first instructor in corporate gamesmanship was Charles Bluhdorn, one of the early conglomerators who created Gulf & Western (which later bought Paramount and changed its name).