Kresge Building (Augusta, Maine) a multicolor crosshatch brick pattern extends across the building above the second floor. The block was built in 1932, replacing an Italianate building that was a virtual replica of its neighbors. It originally housed S.S. Kresge's, a department store, on the ground floor, with professional offices on the second floor. Since its construction, it has been one of downtown Augusta's most architecturally unusual buildings. Kresge Building (Augusta, Maine) The Kresge Block is a historic commercial building at 241-249 Water Street in downtown Augusta, Maine. Built in 1932 to house a department store, it is a distinctive and rare local example
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