History
History, 29.06.2019 05:50, airbenderjermai

When two giant automakers chrysler corporation and daimler-benz merged to form a single corporation which type of merge was it? a vertical b horizontal c parallel d conglomerate

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In 1998, the german auto manufacturer daimler-benz purchased chrysler for $36 billion which was one of the biggest mergers of its kind back then. both of these companies were in the automotive business. even though they had different cultures and market focus, this merger is an example of a:
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