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Conglomerate is a merger between firms that are involved in totally unrelated business activities. A vertical merger is a merger between firms that exist in the same supply chain, while a horizontal merger is a merger between firms in the same industry.
A conglomerate merger is one between two strategically unrelated firms from which economic benefits is not possible for the bidder or the target. The merger between Walt Disney Company and American Broadcasting Company is a conglomerate merger.
Prior to the merger, the ticker symbol was XON.
Prior to the merger, the ticker symbol was XON.
there is no difference.
The Joint Venture is temporary partnering and alliance but Merger is permanently combination.
The merger between the two corporations fell through.Many companies create mergers when their services overlap.
lower costs and consumer prices or lead to a better product
Horizontal.
The FTC, prevented the proposed merger between Heinz and Beech-Nut, because it would damage commercial competition.
Vertical merger is between two companies that is producing different goods. This happens when two different firms are on different levels.
Verizon was formed on June 30, 2000 after the merger between Bell Atlantic corp and GTE corp. Both companies were well established at the time of the merger with revenues $33 billion and $25 billion respectively in 1999. So the answer to the question is technically June 30, 2000 but the landlines were already established by the two companies before the merger.