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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

Explain the three types of mergers.

Summary Introduction

To determine: The three types of mergers.

Introduction: A merger is the mix of two organizations into one by either shutting the old entities into one new entity or by one organization engrossing the other. In other terms, at least two organizations are united into one organization to form a merger.

Explanation

The three types of mergers are as follows:

  • Conglomerate merger: A conglomerate merger is one among firms in totally inconsequential ventures.
  • Vertical merger: A vertical merger is one among ...

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