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Modern Auto, an automobile parts supplier, has made an offer to acquire Sky Systems, creator of software for the airline industry. Sky Systems managers are

Modern Auto, an automobile parts supplier, has made an offer to acquire Sky Systems, creator of software for the airline industry. Sky Systems managers are not interested in the offer by Modern Auto. The managers, instead, approach HiFly Inc., which is in the same industry as Sky systems, to see if it would be interested in acquiring Sky Systems. HiFly is interested, and both companies believe there will be synergies from the acquisition. The acquisition of Sky Systems by Modern Auto and the acquisition of Sky Systems by HiFly, respectively, would be examples of a: A)conglomerate merger and a vertical merger
B)conglomerate merger and a horizontal merger
c)Vertical merger and a horizontal merger
D) none of these

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