North American Van Lines and Allied Van Lines merged to 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. What type of merger is this?
A) vertical merger
B) combination
C) conglomerate
D) horizontal merger

Question

Quizplus · Accepted Answer

This is a horizontal merger because it involves the combination of two companies in the same industry and market, both in the moving business.

North American Van Lines and Allied Van Lines Merged to Create