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Last January, Cecilia Pye, president of the Pye Plate Company, announced that the company had acquired Young's Bicycle Rental. The Pye Plate Company manufactures dinnerware. Young's is a chain of bicycle
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33 votes
Last January, Cecilia Pye, president of the Pye Plate Company, announced that the company had acquired Young's Bicycle Rental. The Pye Plate Company manufactures dinnerware. Young's is a chain of bicycle rental stores. The acquisition of Young's Bicycles by Pye Plate is an example of a:

(A) Monopoly.
(B) Vertical merger
(C) Conglomerate merger
(D) Horizontal merger

User Nicola Lepetit
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1 Answer

13 votes
13 votes

Answer:

Explanation: monopoly

User Parkerfath
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