Kresge Auditorium Kresge Auditorium Kresge Auditorium is an auditorium building for the Massachusetts Institute of Technology, located at 48 Massachusetts Avenue, Cambridge, Massachusetts. It was designed by the noted architect Eero Saarinen, with ground-breaking in 1953 and dedication in 1955. The building was named for its principal funder, Sebastian S. Kresge, founder of S. S. Kresge Stores (corporate predecessor of Kmart) and the Kresge Foundation. Saarinen designed Kresge Auditorium in tandem with his MIT Chapel; the two buildings are separated by a "green," referred to by students as the "Kresge Oval." The ensemble is recognized as one of the best examples of
Conglomerate discount parts and may also help each business pursue independent strategies. Therefore, identifying and removing a conglomerate discount may be a profitable investment strategy. Recent examples of deconglomeration in the US include ITT, Motorola, Fortune Brands, Marathon Oil, Genworth, and Sara Lee Corporation. The results have generally been quite positive. For example, ITT’s shares went up by some 11% on the breakup announcement, creating roughly $1B in value. Conglomerate discount Conglomerate discount is an economic concept describing a situation when the stock market values a diversified group of businesses and assets at less than the sum of its parts. The explanation