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.

References in periodicals archive ?
Zone 2 is approximately 70' thick and comprised of multi-storied sandstone which is partly conglomeritic with logs demonstrating porosity and permeability.
Zone 3 is approximately 100' in gross thickness and is made up of 3 massive, conglomeritic, stacked channel sandstones.
Zone 4 is approximately 70' in gross thickness and comprised of multi-storied, conglomeritic sandstones and logs demonstrating porosity and permeability.