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Large companies are often worth less than the sum of their parts, particularly if there's little synergy between the parts.

https://www.investopedia.com/terms/c/conglomeratediscount.as...



The flip side of that argument is look at how vertically integrated companies like Samsung are. Apple used to buy processors and such from other IC vendors, and now they are doing that in-house.

I don't know how Motorola could have been fixed though.




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