The third wave of mergers in the US during the 1960s consisted mostly of

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The third wave of mergers in the US during the 1960s was characterized by conglomerate mergers, where companies diversified their operations by acquiring unrelated businesses. This was a departure from the previous wave of horizontal mergers, where companies in the same industry merged to increase market share and competitiveness. Vertical mergers, where companies in different levels of the supply chain merge for greater efficiency, were not as prevalent during this wave. Global mergers, which involve companies from different countries, were also not as common during this time period.

The Third Wave of Mergers in the US During the 1960s