conglomerate merger Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “conglomerate merger” in the English Dictionary

"conglomerate merger" in Business English

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conglomerate mergernoun [C]

uk   us  
a ​situation in which two or more ​companiesselling different ​types of ​product or ​servicejoin together to ​form a larger ​company: In the ​case of ​conglomeratemergers, the two ​parties are not usually in ​directcompetition with each other.
(Definition of conglomerate merger from the Cambridge Business English Dictionary © Cambridge University Press)
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