Conglomerate merger
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.
