Difference between revisions of "Conglomerate merger"
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− | + | [[Conglomerate merger]] is a merger that occurs when unrelated enterprises combine. | |
==Definitions== | ==Definitions== | ||
According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
− | : | + | :[[Conglomerate merger]]. Occurs when unrelated enterprises combine. |
+ | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
+ | :[[Conglomerate merger]]. A merger of companies in totally different industries. | ||
==Related concepts== | ==Related concepts== |
Latest revision as of 02:19, 2 November 2019
Conglomerate merger is a merger that occurs when unrelated enterprises combine.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Conglomerate merger. Occurs when unrelated enterprises combine.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Conglomerate merger. A merger of companies in totally different industries.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.