Meaning of “conglomerate merger” in the English Dictionary

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"conglomerate merger" in Business English

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conglomerate mergernoun [ C ]

uk us

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)