North American Van Lines and Allied Van Lines combined in a _____ merger that will create the world's largest moving company.Prior to the merger, North American was the leading company in moving high-end merchandise such as computer and hospital equipment, while Allied specialized in households.
A)conglomerate
B)combination
C)horizontal
D)vertical
E)functional

Question

Quizplus · Accepted Answer

Horizontal mergers occur between companies in the same industry that offer similar products or services, which is the case with North American Van Lines and Allied Van Lines, both operating in the moving industry.

North American Van Lines and Allied Van Lines Combined in a _____