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Keiretsu

What Does It Mean?
What Does Keiretsu Mean?
A Japanese term describing a loose conglomeration of firms sharing one or more common denominators. The companies don't necessarily need to own equity in each other.
Investopedia Says
Investopedia explains Keiretsu
This term has been in the news every now and then, especially when they talk about Silicon Valley. One example would be the close relationship between AOL and Sun Micro. The two firms don't have ownership in each other, but they work closely on various projects.
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