Which of the following is an example of a horizontal merger?
A) The purchase of a catering firm by Delta Airlines
B) The purchase of Marathon Oil Company by U.S.Steel
C) The purchase of Kentucky Fried Chicken by PepsiCo
D) The purchase of Sam's Meat Packing Company by the Kroger supermarket chain
E) The purchase of Mobil Oil by Exxon

Question

Quizplus · Accepted Answer

A horizontal merger occurs between companies operating in the same industry and often as competitors. The purchase of Mobil Oil by Exxon is an example of a horizontal merger because both companies are in the oil industry.

Which of the Following Is an Example of a Horizontal