Exact(11)
Private-equity megafunds, shareholder activism and investors' growing distaste for conglomerates, to name a few.
BETWEEN 1966 and 1969, when the ardor for conglomerates was at its height, investors believed that their share prices could never fall.
Tata's decision to create a group executive office in 1998 to explore synergies between different businesses soon found imitators among other Indian conglomerates.The rich world's hostile climate for conglomerates since the 1960s has meant that only the fittest survive.
Americans are dying without the appropriate drugs because my industry and Congress are more concerned about protecting astronomical profits for conglomerates than they are about protecting the health of Americans.
But for media deals in the future, it is unclear whether the new rules will make it significantly easier for conglomerates to own both a newspaper and a station in most markets.
And many of South Korea's chaebol, vast diversified groups that helped the country to achieve its economic success after the second world war, have split apart or narrowed their focus in recent years.Cheerleaders for conglomerates argue that quality of management is more important than specialisation.
Similar(49)
The arguments for conglomerate discounts look weak as the implied valuations of demerged entities are above that of peers.
However, Elliott is the rare hedge fund to enter the South Korean market, where close networks between government, business, and the press ensure that the "system" works for conglomerate-owning families.
Barrier islands, sand bars and later, tidal flats, contributed sand for sandstone, followed by cobbles for conglomerate and mud for shale.
Another breakup wave is hastening the end for some conglomerates.
After a while, I got out of politics and went to work for big conglomerates.
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