- CFA Exams
- CFA Level I Exam
- Study Session 8. Corporate Finance (2)
- Reading 23. Mergers and Acquisitions
- Subject 3. Mergers and industry life cycle
CFA Practice Question
In the rapid accelerating growth phase, the common types of mergers are:
II. Vertical mergers.
III. Conglomerate mergers.
I. Horizontal mergers.
II. Vertical mergers.
III. Conglomerate mergers.
A. I and II
B. II and III
C. I and III
User Contributed Comments 1
User | Comment |
---|---|
leftcoast | the textbook says horizontal and conglomerate too. |