If Pepsi Cola were to merge with Michelin Tires,this would be a product market expansion merger.

Name: If Pepsi Cola were to merge with Michelin Tires,this would be a product market expansion merger.
Brand: Quizplus
Rating: 4.8 (61 reviews)

Question

Quizplus · Accepted Answer

A product market expansion merger is when two companies in similar industries merge to expand their product offerings to a broader market or to increase efficiency. Pepsi Cola and Michelin Tires are in completely different industries and do not offer any synergies for a product market expansion merger.

If Pepsi Cola Were to Merge with Michelin Tires,this Would