Bank of America and Merrill Lynch merger is an example of:
I. Horizontal merger
II. Vertical merger
III. Conglomerate merger
IV. Cross-border merger

Question

Quizplus · Accepted Answer

The Bank of America and Merrill Lynch merger is an example of a horizontal merger because both companies operate in the same industry, banking and financial services. It is not a vertical merger because they are not in different stages of the same supply chain, not a conglomerate merger as they are in the same industry, and not a cross-border merger as both companies are based in the United States.

Bank of America and Merrill Lynch Merger Is an Example