Conglomerate structures were fashionable in the 1960s and 1970s, but a wave of corporate restructuring ensued in the 1980s and early 1990s, led by "break-up artists" who engaged in leveraged buyouts of conglomerates. Why do you think this happened? Do you think the time is ripe to reconsider this corporate form?
Offer pros and cons regarding this form of corporate structure. If possible, give examples of successful and not-too-successful conglomerates.