Are the following hypothetical mergers horizontal, vertical, or conglomerate? a. IBM acquires Dell Computer. b. Dell Computer

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Are the following hypothetical mergers horizontal, vertical, or conglomerate?

a. IBM acquires Dell Computer.

b. Dell Computer acquires Wal-Mart.

c. Wal-Mart acquires H. J. Heinz.

d. H. J. Heinz acquires IBM.

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