Conglomerate (company)

A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate group, usually involving a parent company and many subsidiaries. Often, a conglomerate is a multi-industry company. Conglomerates are often large and multinational.

Modernization

Conglomerates were popular in the 1960s due to a combination of low interest rates and a repeating bear/bull market, which allowed the conglomerates to buy companies in leveraged buyouts, sometimes at temporarily deflated values. Famous examples from the 1960s include Ling-Temco-Vought,ITT Corporation,Litton Industries,Textron,Teledyne, interest on the loans, the overall return on investment of the conglomerate appeared to grow. Also, the conglomerate had a better ability to borrow in the money market, or capital market, than the smaller firm at their community bank.

For many years this was enough to make the company's stock price rise, as companies were often valued largely on their return on investment. The aggressive nature of the conglomerators themselves was enough to make many investors, who saw a "powerful" and seemingly unstoppable force in business, buy their stock. High stock prices allowed them to raise more loans, based on the value of their stock, and thereby buy even more companies. This led to a chain reaction, which allowed them to grow very rapidly.

Conglomerate

Conglomerate may refer to:

In popular culture:

See also

Conglomerate (record label)

Conglomerate Records is a record label founded by hip hop recording artist Busta Rhymes that operates as a subsidiary of Universal Music Group.

Originally founded in 1994 as Flipmode Entertainment, the name Conglomerate Records was adopted in 2011.

In 2006, the label jointly released Busta Rhymes's The Big Bang with Dr. Dre's Aftermath Entertainment.

Company history

Elektra (1996–2000)

The Conglomerate (comics)

The Conglomerate is a fictional DC Comics superhero team. They first appeared in Justice League Quarterly #1 (Winter 1990).

Fictional background

The Conglomerate is a corporate sponsored superhero team, created by Claire Montgomery as competition for the Justice League International, which is led by her ex-husband, Maxwell Lord. Companies providing sponsorship to the new team included American Steel, Dante Foods, Dupree Chemical, Ferris Aircraft, LexCorp, Ovel Oil, Pax Entertainment, Stagg Enterprises, S.T.A.R. Labs.

The Conglomerate has had three incarnations, the first led by Booster Gold, and including Praxis, Maxi-Man, Echo, Vapor (Carole Donahue), Reverb (Vibe's brother), and Gypsy. This team initially is hostile towards the JLI (Booster had recently quit the group over his perceived lack of respect from his peers), but the two groups gradually become more friendly. Eventually, the members of this version of the Conglomerate drift away. Booster Gold parts ways with the team during an attack upon New York by Despero. Claire does not want the team to go, as they will only get in the way. Gold, who figures he has enough experience with the League, leaves on his own.

Industrial

Industrial may refer to:

Industrial (Second)

The Industrial (Second) is a functional constituency in the elections for the Legislative Council of Hong Kong first created in 1985. The constituency is composed of bodies that are members of the Chinese Manufacturers' Association of Hong Kong entitled to vote at general meetings of the Association.

Return members

Electoral Results

References

Industrial (album)

Industrial is the debut album by the band Pitchshifter. It was released in 1991 on Peaceville Records.

After Industrial was released the band released a single "Death Industrial" with two new tracks that would later be released on Submit.

According to bassist and singer Mark Clayden the band "made the first album for £500 in a week in a shithole studio in Leeds."

Track listing

1998 re-release bonus track

Personnel

References