Which is an example of a conglomerate merger? A) Frito-Lay merging wi

QUESTION

Which is an example of a conglomerate merger?

A) Frito-Lay merging with Pepsi
B) Peter Pan Bus Company merging with Greyhound
C) Chrysler merging with Ford
D) Starbucks merging with Dunkin’ Donuts
E) International Paper merging with Kraft Foods

ANSWER

Answer: E
Explanation: E) A conglomerate merger is when two companies that are in different industries and perform different activities merge. International Paper produces paper products while Kraft produces food products.