An oil producer's merger with an oil refiner is an example of a _____ merger.
A) conglomerate
B) push down
C) horizontal
D) vertical

Question

Quizplus · Accepted Answer

An oil producer's merger with an oil refiner is an example of a vertical merger. A vertical merger is a supplier-customer merger. Vertical mergers occur when a firm acquires a captive market for its products or a captive supplier of a product it regularly buys, thereby becoming a vertically integrated operation.

An Oil Producer's Merger with an Oil Refiner Is an Example