Classify each of the following as a horizontal merger, a vertical merger, a market extension merger, a
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Classify each of the following as a horizontal merger, a vertical merger, a market extension merger, a conglomerate merger, or a product extension merger. (LG1)
a. Walmart acquires Kmart.
b. Kroger grocery stores acquires Bunny Bread.
c. Schnucks grocery stores headquartered in St. Louis and operating in the Midwest acquires Food Land headquartered and operating in Hawaii.
d. Bank of America acquires Aflac.
e. Ford Motors buys the St. Louis Rams.
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Finance Applications And Theory
ISBN: 9780073530673
2nd Edition
Authors: Marcia Cornett, Troy Adair, John Nofsinger
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