The wave of merger activity that resulted in largely horizontal mergers in the mining metals production, and food products industries was:
A) Wave 1, 1897-1904.
B) Wave 2, 1916-1929.
C) Wave 3, 1965-1969.
D) Wave 4, 1981-1989.

Question

Quizplus · Accepted Answer

Wave 1, which occurred from 1897 to 1904, was characterized by horizontal mergers, particularly in industries such as mining, metals production, and food products.

The Wave of Merger Activity That Resulted in Largely Horizontal