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Conglomerate - A firm engaged in two or more unrelated businesses.
A company that consists of a grouping of businesses from unrelated streams.
A company which owns a number of other companies with widely diversified activities.Conglomerates go in and out of fashion. Sometimes the stock market loves them; other times it hates them and demands that they be broken up to "release shareholder value". There is never any shortage of consultants showing how this can be achieved.