- CFA Exams
- CFA Level I Exam
- Topic 4. Corporate Issuers
- Learning Module 18. Mergers and Acquisitions
- Subject 1. Definitions and Classifications
CFA Practice Question
GE has purchased companies in a wide range of industries. It is considered to be a
B. Backward integrator.
C. Conglomerate.
A. Horizontal acquirer.
B. Backward integrator.
C. Conglomerate.
Correct Answer: C
GE, like a typical conglomerate, has purchased companies that are unrelated to its core business.
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