Recall the Application About the 1998 Merger Between Pennzoil and Quaker

Multiple Choice

Recall the Application about the 1998 merger between Pennzoil and Quaker State to answer the following question(s) . The merger resulted in a company with a market share of 38 percent: 29 percent from Pennzoil and 9 percent from Quaker State.
-Recall the Application.What happened to the prices of their products when the merger occurred?

A) Pennzoil raised its product prices.
B) Quaker State raised its product prices.
C) Pennzoil decreased its product prices.
D) Quaker decreased its product prices.