Step 1: Review the defining characteristics of the three different types of mer gers: horizontal, vertical, and conglomerate.
Step 2: Examine the list of five possible mergers below. Indicate whether each is horizontal, vertical, or conglomerate. Be prepared to defend your answers.
Nike Corporation and Reebok:
and Kodak:
Sealy Mattress Company and Viking Furniture:
State Farm and Geico:
Dow Chemical and Revlon:
Step 3: Develop your own example for each type of merger:
Conglomerate
Horizontal Vertical
Sample Solution