News Corporation was divided into two separate conglomerates in 2013.
Viacom Inc., one of the largest and foremost communications and media conglomerates in the United States.
The shares of those conglomerates, in turn, are held in their own portfolios.
Declining industrial activity in the United States and Europe has hurt large American conglomerates in the last year.
Asil Nadir built Polly Peck International from a small fruit trading business into one of the biggest conglomerates in Europe.
Borusan, one of the largest industrial conglomerates in Turkey, was flooded by numerous calls and about 130 written complaints.
"One of the themes of the magazine's coverage has been the increasing role of conglomerates in media," Mr. Fallows said.
Shareholders of Vivendi, one of the largest media conglomerates in the world, shrugged at the report of the talks.
That's a concept that's as dumb as the old conglomerates in the 60's and 70's".
Western firms may need to form joint ventures with "old-fashioned" conglomerates in order to win entry to fast-growing emerging markets.
The company eventually became one of the largest conglomerates in the United States, and its success spurred other corporations to broadly diversify their industrial activities.
