A conglomerate merger occurs when several firms operating in different industries are merged. This type of merger allows companies to diversify their operations and reduces their reliance on a single market or industry.
A conglomerate merger occurs when __________.
one firm is a producer of products, and the other firm is a producer of services
the merger partners were competitors
one firm is a domestic firm, and the other is a foreign company
several firms operating in different industries are merged
1 answer
1 answer