Over the Years, Many Food and Beverage Producers Began Merging

Multiple Choice

Over the years, many food and beverage producers began merging with other companies. Nabisco merged with a tobacco firm; Campbell's Soup purchased mushroom farms; and, Anheuser-Busch purchased, among others, malt, yeast, and canning companies. Pepsi purchased Kentucky Fried Chicken, Taco Bell, and Pizza Hut. Which of these merging firms engaged in either vertical or conglomerate mergers?

A) none
B) all
C) only Campbell's Soup
D) only Anheuser-Busch
E) only Pepsi