A conglomerate merger occurs when the products of the merging firms were not related in any way before the merger. This type of merger involves companies that operate in different industries or markets, leading to diversification in the newly formed entity.
A conglomerate merger occurs when __________.
one firm is a producer of products, and the other firm is a producer of services
the products of the merging firms were not related in any way before the merger
one firm is a domestic firm, and the other is a foreign company
the merger partners were competitors
1 answer
1 answer