conglomerate merger

Definition

A merger of two companies which are involved in different types of business. There are many ways for this to benefit the companies, such as sharing of assets and reducing business risk, but can also become a risk to the company if the new company gets too large or if it isn't able to successfully blend the two businesses.

Use conglomerate merger in a sentence

The conglomerate merger was very strange and I thought there were some problems with it that needed to be addressed.

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We had been studying the terms of the conglomerate merger to come to a better conclusion about which side might benefit the most from this action.

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I've heard that Uber and Facebook are forming a conglomerate merger so that Uber can have access to the posts online and be ready to pick up new customers.

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