A large nation-wide bank’s acquisition of a major investment advisory firm would be an example of a:
A. market extension merger.
B. conglomerate merger.
C. product extension merger.
D. horizontal merger.
Answer:C
A large nation-wide bank’s acquisition of a major investment advisory firm would be an example of a:
A. market extension merger. B. conglomerate merger. C. product extension merger. D. horizontal merger.