Over the past two decades, a snack food manufacturing company has purchased a cigarette manufacturer, a number of television stations in the united states, and a high-end apparel company. What is this an example of?.

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A cigarette manufacturer, several US television stations, and a high-end clothing business were all acquired over the past 20 years by a snack food manufacturing company. Conglomeration can be seen in this instance.

Conglomeration: What is it?

Conglomeration refers to the procedure that leads to the formation of a conglomerate, such as when a parent corporation starts to buy out subsidiaries. Conglomeration can also refer to a period of time when numerous conglomerates form at once.

The protection it gives the parent firm against potential takeovers is one of the main benefits of amalgamation. A conglomerate is a business organization made up of two or more companies that operate in completely unrelated or closely related industries and are part of the same corporate group. A conglomerate is frequently a huge, international firm with multiple industries.

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