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- A conglomerate is a large business formed when one company purchases or merges with many other companies. Conglomerates are often formed with a single parent company, known as a “holding company,” which owns a part or all of the other companies, known as “subsidiaries”1. In a conglomerate, the companies may operate under their own names, but a holding company will control them2. Berkshire Hathaway Inc. is an example of a conglomerate holding company2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A conglomerate is a large business formed when one company purchases or merges with many other companies. Conglomerates are often formed with a single parent company. That company, known as a “holding company,” owns a part or all of the other companies, known as “subsidiaries.”learn.robinhood.com/articles/682uX0w1nPHFh1ck…What is the difference between a conglomerate and a holding company? In a conglomerate, one company owns a collection of smaller companies. In other situations, the companies will operate under their own names, but a holding company will control them. Berkshire Hathaway Inc. is arguably the most famous conglomerate holding company.stw-news.org/what-is-the-difference-between-a-con…
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