A horizontal merger involves
A) the joining of two firms at different stages of the production process.
B) the separation of management from ownership.
C) the joining of two firms selling similar products.
D) the exchange of debt for stock.

Question

Quizplus · Accepted Answer

A horizontal merger is the joining of two firms that sell similar or identical products. Vertical merger involves two firms at different stages of the production process, management buyouts involve separating management from ownership, and debt for stock exchanges are financial transactions, not mergers.

A Horizontal Merger Involves