Mittal Steel, the World's Largest Producer of Steel, Is Headquartered

Multiple Choice

Mittal Steel, the world's largest producer of steel, is headquartered in the Netherlands and has operations on four continents. It acquired U.S.-based ISG, a U.S.-owned steel company, in 2004. This is an example of both a cross-border acquisition and

A) backward vertical acquisition.
B) forward vertical acquisition.
C) horizontal acquisition.
D) merger of equals.