ivers Paint, founded in 1999, is a corporation that manufactures paint supply products. On Friday, officials announced that the company would merge with the Kildare Paint Supply Store, a partnership started in 1995 by the Kildare brothers. "This merger will benefit consumers because Ivers will be able to operate more efficiently and offer our products at a lower price at the Kildare Paint Supply Store," said a representative from Ivers Paint. Based on the excerpt from a news story, which statement best describes the merger of Ivers Paint and Kildare Paint Supply? 0 A. It is a conglomerate merger because one company is involved in manufacturing and the other in selling. O B. It is a partnership merger because one of the companies is a partnership. O C. It is a horizontal merger because both companies are involved in the paint supply business. о O D. It is a vertical merger because the two companies are involved in different stages of the paint supply business.
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