Several years ago, Regis Corporation, a very large hair styling salon company, purchased 60 "Your Father's Mustache" salons. Although this was initially an acquisition, the merging of these two businesses was a(n) ____________. Regis went on to purchase several hair care product companies. Joining forces with hair care product companies would represent a _____________.
A) conglomerate merger; horizontal merger
B) vertical merger; horizontal merger
C) horizontal merger; vertical merger
D) conglomerate merger; conglomerate merger
Correct Answer:
Verified
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