Bosses fear that a " conglomerate discount" —the difference between the market value of a firm and the hypothetical value of its constituent parts—will invite activist investors to agitate for divestments.

老板们担心，“集团折扣”——一家公司的市场价值与其组成部分的假设价值之间的差异——会邀请激进投资者鼓动撤资。