Editing Conglomerate (company) (section)

===Genuine diversification===
In other cases, conglomerates are formed for genuine interests of [[Diversification (marketing strategy)|diversification]] rather than manipulation of paper return on investment. Companies with this orientation would only make acquisitions or start new branches in other sectors when they believed this would increase profitability or stability by sharing risks. Flush with cash during the 1980s, [[General Electric]] also moved into financing and [[financial services]], which in 2005 accounted for about 45% of the company's net earnings. GE formerly owned a minority interest in [[NBCUniversal]], which owns the [[NBC]] television network and several other [[cable network]]s. [[United Technologies Corporation|United Technologies]] was also a successful conglomerate until it was dismantled in the late 2010s.