A clastic sedimentary rock containing relatively large, rounded to subangular fragments (pebbles, cobbles or boulders), set in a fine-grained matrix of sand or silt
- a rock composed of fragments of varying sizes embedded in a much finer grained matrix, or cemented chemically as the case of a limestone conglomerate
08 in. (2 mm) in diameter. It is commonly contrasted with breccia. Conglomerates are usually subdivided according to the average size of their constituent materials into pebble (fine), cobble (medium), and boulder (coarse). In business, a widely diversified company, especially a corporation that acquires other firms whose activities are unrelated to its primary activity. Conglomerate mergers are undertaken for many reasons, including the prospect of making additional use of existing facilities, improving the corporation's overall marketing position, decreasing the risk of relying on a single type of product, and effecting corporate reorganization. The practice was widespread in the 1960s and 1980s, but in the 1990s many conglomerates began to sell off unwanted subsidiaries
the merging of two or more businesses from different industries The new company is placed under the authority of one executive officer and a board of directors
A conglomerate is a large business firm consisting of several different companies. Fiat is Italy's largest industrial conglomerate. In petrology, lithified sedimentary rock consisting of rounded fragments larger than
{i} group or mass formed from diverse elements; large corporation formed by the merge of separate companies; (Geology) detrital sedimentary rock that is coarse grained and composed of round fragments cemented together
a group of diverse companies under common ownership and run as a single organization composed of heterogeneous elements gathered into a mass; "the conglomerate peoples of New England
A rock, composed or rounded fragments of stone cemented together by another mineral substance, either calcareous, siliceous, or argillaceous; pudding stone; opposed to agglomerate
A corporation that is made up of many diverse, often unrelated divisions This form of organization is thought to reduce the risk, but may create problems of coordination