Conglomerate

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Conglomerate

A corporation operating in several different and unrelated enterprises, such as the movie industry, baking, and oil refining.

A conglomerate merger is one that brings together two firms with totally different product lines, economic relationships, and functions. Such a merger may violate antitrust acts inasmuch as it may have an adverse effect on competition.

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References in periodicals archive ?

Zone 2 is approximately 70' thick and comprised of multi-storied sandstone which is partly conglomeritic with logs demonstrating porosity and permeability.

Zone 3 is approximately 100' in gross thickness and is made up of 3 massive, conglomeritic, stacked channel sandstones.

Zone 4 is approximately 70' in gross thickness and comprised of multi-storied, conglomeritic sandstones and logs demonstrating porosity and permeability.

Buccaneer Energy Limited (ASX:BCC) Kenai Loop No.3 Well Drilling Progress Report No.4