“A leading manufacturer of athletic shoes merges with a soft drink firm”. Identify the type of conglomerate merger the explain.
“A leading manufacturer of athletic shoes merges with a soft drink firm”. Identify the type of conglomerate merger the explain.
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Pre conglomerate:
1. Because it involve firms with nothing in common or conducted between unrelated companies.
2. They are not the competitors.
3. Buyers and sellers so not show much relationship or no evident relationship.
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