Texas Western is an international oil company engaged in the exploration for oil,the refinement of oil,and the distribution of oil products.Hollywood,Inc.is a national producer of films.Texas wants to merge with Hollywood.This would be what type of merger?

Question

Quizplus · Accepted Answer

The merger between Texas Western (an oil company) and Hollywood, Inc. (a film production company) would be classified as a conglomerate merger, as there is no commonality between the two industries.

Texas Western Is an International Oil Company Engaged in the Exploration