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DariusStayFlyWilliams: 3 months ago

In 1999, Glaxo Wellcome and Smithkline Beecham joined to form GlaxoSmithKline. This is an example of a(n) ________. ?

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Answer 1

Janemoo: 3 months ago

Glaxo Wellcome and Smithkline Beecham joining to form GlaxoSmithKline is an example of a conglomerate merger. This is the kind of merger that takes place between firms operating in different industries or in geographic areas. Another example of a conglomerate merger is Kraft merging with Philip Morris's General Foods.

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