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Which of the following mergers is an example of a horizontal merger? The merger of Sirius Satellite Radio and XM Satellite Radio. The merger of

Which of the following mergers is an example of a horizontal merger?

The merger of Sirius Satellite Radio and XM Satellite Radio.

The merger of Bank of America and Countrywide Financial.

An oil producer's acquisition of a petrochemical firm that uses oil as a raw material.

None of the mergers listed above is an example of a horizontal merger.

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