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    Principles of Corporate Finance Study Set 3
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    Exam 31: Mergers
  5. Question
    A Vertical Merger Is One in Which the Buyer Expands
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A Vertical Merger Is One in Which the Buyer Expands

Question 40

Question 40

True/False

A vertical merger is one in which the buyer expands forward in the direction of the ultimate consumer or backward toward the source of raw material.

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