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The conglomerates of the huaqiao (and the tycoons from the ethnic majorities who imitated them) evolved to suit their environment.
Without this leverage, its operations resemble "the failed conglomerates of yesteryear".None of this information was exactly new.
The conglomerates of the 1960s crumbled because they tried to manage too many businesses in too many different industries.
And though many private-equity firms now tend to specialise, the world's leading examples are conglomerates of a sort.
In other words, in conditions like today's.The obvious parallel is with the industrial conglomerates of the 1970s and 1980s.
But they have an enormously long way to fall, and ought to be cushioned by the media conglomerates of which they are a part.
Yet sales of DVDs are falling (see article).Odder still, the film business is proving hardier than the conglomerates of which the big studios are a part.
But in the giant conglomerates of which the movie divisions are a part they are no more than high-level managers.
The conglomerates of Churchill Downs Inc. and the M. I. Entertainment Corporation, which is led by the industrialist Frank Stronach, are battling to acquire racetracks.
Among the large European companies are two German conglomerates of the 1980's: Preussag, which is now called TUI, and Hoechst, which has since been split up.
Source: Wired.com 3. BUSINESS: Taking on the cola conglomerates Of all the world's industries to be dominated by The Man, the soft drinks industry is one of the most rigidly linear thanks to its two giants, Coca-Cola and PepsiCo.
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