What is a merger that combines more than three businesses that make unrelated products called?

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Business

Tianna

6 November, 19:34

What is a merger that combines more than three businesses that make unrelated products called?

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Reid Gonzalez · Answer 1

This merger is called a conglomerate. A conglomerate is a company which has major stocks in a smaller business or company. The smaller businesses are called subsidiaries. The smaller businesses are still independent in terms of operations, however, they need to make reports to the conglomerate.