P&G's purchase of AG-Hutchison Ltd in 2004 is an example of a
A) conglomerate merger.
B) vertical merger.
C) market extension merger.
D) conglomerate acquisition.

Question

Quizplus · Accepted Answer

P&G's purchase of AG-Hutchison Ltd in 2004 is an example of a market extension merger because it allowed P&G to expand its market reach by acquiring a company that operated in a different geographical market.

P&G's Purchase of AG-Hutchison Ltd in 2004 Is an Example