Which of the following is an example of a vertical merger?
A) The purchase of TWA by American 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 Malone's Cost-Plus Supermarkets by the Kroger supermarket chain
E) The purchase of Gulf Oil by Standard Oil Company of California
Correct Answer:
Verified
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