Term:
Conglomerate merger
Definition:
A Conglomerate merger is a merger between firms in unrelated business, e.g., between an automobile manufacturer and a food processing firm.
Domain:
Finance
Source:
Glossary of Industrial Organisation Economics and Competition Law, compiled by R. S. Khemani and D. M. Shapiro, commissioned by the Directorate for Financial, Fiscal and Enterprise Affairs, OECD, 1993
