What Does the Expression "Conglomerate Discount" Mean

Multiple Choice

What does the expression "conglomerate discount" mean?

A) A firm's presence in different businesses allows a decrease in its total costs
B) Stock exchanges or bourses offered conglomerate shares at special-offer discounts
C) The stock market tends to value diversified companies at less than their break-up value
D) The stock market values moderately diversified companies at more than the sum of their parts