conglomerate merger - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “conglomerate merger”

conglomerate merger

noun [C]
 
 
a situation in which two or more companies selling different types of product or service join together to form a larger company: In the case of conglomerate mergers, the two parties are not usually in direct competition with each other.
(Definition of conglomerate merger from the Cambridge Business English Dictionary © Cambridge University Press)
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