1 are the following hypothetical mergers horizontal, Ask an Expert

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1. Are the following hypothetical mergers horizontal, vertical, or conglomerate?

a. British Airways acquires Air Canada.

b. British Airways acquires Hilton Hotels.

c. Wal-Mart acquires H.J. Heinz.

d. H.J. Heinz acquires IBM.

2. Which of the following activities is not a service provided by investment bankers?

a. Underwriting initial public offerings

b. Raising capital via mutual fund offerings

c. Advising in mergers

d. Advising on restructurings

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92095095

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