the definition is: the joining of companies, in completely unrelated products.
A simple example would be, a clothing company, like Aeropostale joining a company that sells jewelry, like Kay Jewelers.
That is not the answer!!!!
The real answer for the definition is
Conglomerate:
Is a giant corporation composed of many smaller corporations.
The first is actually the real answer.
A conglomerate is a combination of two or more corporations engaged in entirely different businesses. It's usually made up of a parent company and many subsidiaries.
you guys are getting a bit mixed up... below is the proper definition
A corporation that is made up of a number of different, seemingly unrelated businesses. In a conglomerate, one company owns a controlling stake in a number of smaller companies, which conduct business separately. Each of a conglomerate's subsidiary businesses runs independently of the other business divisions, but the subsidiaries' management reports to senior management at the parent company.
The largest conglomerates diversify business risk by participating in a number of different markets, although some conglomerates elect to participate in a single industry - for example, mining.
Example of conglomerate merger is the merger of Walt Disney company and American Broadcasting Company.
British Aerospace and Austin rover
A conglomerate merger is one between two strategically unrelated firms from which economic benefits is not possible for the bidder or the target. The merger between Walt Disney Company and American Broadcasting Company is a conglomerate merger.
Wayne I. Boucher has written: 'Spinoza' 'The process of conglomerate mergers' -- subject(s): Conglomerate corporations, Consolidation and merger of corporations
General Electric and United Technologies are examples of conglomerate corporations.
conglomerate merges
Conglomerate is a merger between firms that are involved in totally unrelated business activities. A vertical merger is a merger between firms that exist in the same supply chain, while a horizontal merger is a merger between firms in the same industry.
A solution refers to the merger of either two liquids or a solid and a liquid to form a unified liquid that cannot be mechanically separated. As such, conglomerate rock is a mixture and not a solution.
disadvantages- unlikely economic benefits will be generated for the target or the bidder advantages- diversification
A solution refers to the merger of either two liquids or a solid and a liquid to form a unified liquid that cannot be mechanically separated. As such, conglomerate rock is a mixture and not a solution.
Horizontal Merger A horizontal merger is a merger between two competitors. Suppose, for example, that tomorrow Nokia were to buy Sony ericsson. This would be a horizontal merger. Vertical Merger A vertical merger occurs when a supplier buys a reseller, or vice versa. The key point is that the two companies have a buyer-seller relationship. Suppose that a food retailer purchased a company that manufactures food. This would be a vertical merger. Or, suppose that a pharmaceutical company acquired a drugstore chain. Vertical mergers are more likely to be approved by regulatory authorities. Consumers can benefit from the increased efficiencies that result from supply chain integration--- often in the form of lower prices and/or better service. Conglomerate Merger A conglomerate merger is a union of two companies that a.) are not competitors, and b.) not part of the same supply chain. If Oracle were to purchase a fast food chain, this would be a conglomerate merger. Software has no relationship to fast food; fast food has no connection to software (other than providing sustenance for programmers who work long hours.)
Sedimentary
A horizontal merger combines two firms in the same market. A vertical merger combines two firms involved in different stages. A conglomerate combines two firms that produce unrelated goods or services. Pretty much they all combine two firms or more but in different ways.
Conglomerate because AT&T does more than telephone. They own CNN now. And WarmerMedia didn't really have much to do with phones before the merger.