问题如下:
National Plastics Corp. is
a leading manufacturer of high-quality injection-molded plastic packaging
materials used by various industries, primarily food and beverage processing
and packaging firms.
On 4 January 2013,
Haines Foods, Inc., launched a hostile takeover bid for all of the shares of
National at $30 per share (a $5 premium in excess of the pre-bid price). Haines
Foods is a national distributor of deli and dairy products. If its bid is
successful, it plans to continue to operate National as a wholly owned
subsidiary.
If Haines Foods is
successful in its attempt to acquire National Plastics, the business
combination is best classified as which type of merger?
选项:
A. Vertical, backward
Horizontal, conglomerate
Vertical, forward
解释:
If Haines acquires National, it would be a vertical merger because they are both in the same production chain. It is an example of backward integration because Haines is closer to the consumer than the packaging manufacturer.
虽然做错了,但是我觉得这题有点问题啊,食品加工和塑料加工商不存在上下游啊,原材料是食品才更严谨。