What is it called when two or more companies join together and form an entirely new company?
A)conglomerate
B)vertical merger
C)consolidation
D)horizontal merger

Question

Quizplus · Accepted Answer

When two or more companies join together to form an entirely new company, it is called consolidation. Conglomerate refers to a company that owns several smaller companies engaged in diverse industries, and vertical merger refers to the merger of two companies involved in different stages of the same industry. Horizontal merger refers to the merger of two companies operating in the same industry and at the same level.

What Is It Called When Two or More Companies Join