Suppose Ford acquires General Motors. This is an example of a ___________ acquisition.

A) Conglomerate.
B) Vertical.
C) Horizontal.
D) Tender offer.
E) Pooling of interests.

Horizontal Acquisition

The merger or takeover of one company by another in the same industry or production stage, aiming for growth or reducing competition.

Ford

An American multinational automaker founded by Henry Ford, known for mass-producing affordable vehicles and pioneering assembly line production techniques.

General Motors

An American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts.