Question 19 (6 points) Each of the following describes basic characteristics of one of the merger waves that ocurr years. For each, indicate which merger wave is being described by writing (Note: there may be more than one instance of the same merger wave.) I 1 Sometimes called the first 'anti-merger wave [J Predomi nantly conglomerate mergers following the passage of the Celler-Kefauver Act o1 end of the 19th century, into the carly 20th century, and ending with the Tich man's panic of 1907 [ 1 Ended with the housing crash and the beginning of the Great Recession I J Characterized by top management of productive corporations beginning to see their companies as 'mutual J Predominantly vertical mergers, ending at the outset of the Great Depression funds with smokestacks'. Occurring at the height of the era of managerial capitalism