When one company at one level of the manufacturing-distribution system acquires a company at another level of the system,the merger is called a ______ merger.

Name: When one company at one level of the manufacturing-distribution system acquires a company at another level of the system,the merger is called a ______ merger.
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When one company at one level of the manufacturing-distribution system acquires a company at another level of the system, this merger is called a vertical merger.

When One Company at One Level of the Manufacturing-Distribution System