Carlitas Manufacturing is located in Mississippi. It does not have a place of business in Texas, but decides it would like to be in Texas. Carlitas buys CharlieHorse and continues to produce CharlieHorse's products. This type of mercer is known as a(n) ________.
A) horizontal extension merger
B) market extension merger
C) diversification merger
D) analytical merger
E) product extension merger
Correct Answer:
Verified
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