ABSTRACT
PROFITABILIITOFACQUIRED FIRMS
Horizontal Conglomerate and vertical and product
Profitability mergers extension ( rate of return number of number of
on equity) companies companies
20% and over 6 13 15%-20% 12 44 10%-15% 38 92 5%-10% 45 83 0%--5% 21 31
Not rrofitable II 5 Tota companies 133 268
gcrs. Washington: Commerce Clearing House.
