- 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 deceleration of growth and decline phase, the common types of mergers are:
II. Vertical mergers.
III. Conglomerate mergers.
I. Horizontal mergers.
II. Vertical mergers.
III. Conglomerate mergers.
A. II and III
B. I and III
C. I, II and III
User Contributed Comments 2
| User | Comment |
|---|---|
| Dieckmann | How can all types be MOST common ? |
| Dinosaur | because they aren't most common, they are just common... |