With _________ M&As, Firm A, which is a gas and oil company, acquires a chemical company, a transportation company, and a financial services company.
A)Horizontal.
B)Vertical.
C) Conglomerate.
D) Hostile.

Question

With _________ M&As, Firm A, which is a gas and oil company, acquires a chemical company, a transportation company, and a financial services company.
A)​Horizontal.
B)​Vertical.
C) ​Conglomerate.
D) ​Hostile.

Quizplus · Accepted Answer

Conglomerate M&As involve acquiring companies in different industries or with different product lines. In this scenario, Firm A is acquiring companies in the chemical, transportation, and financial services industries, which makes it a conglomerate merger.

With _________ M&As, Firm A, Which Is a Gas and Oil