Note: This assignment is set up as a "text box". Instead of a file upload, you will be given a text box to provide your answer. Please number your responses as below. You may copy and paste the outline below as a template and fill in your responses.

Step $1$: Review the defining characteristics of the three different types of mergers: horizontal, vertical, and conglomerate.

Step $2$: Examine the list of five possible mergers below. Indicate whether each is horizontal, vertical, or conglomerate. Be prepared to defend your answers.

Example: Teche Federal and Iberia Bank

Type: Horizontal

Why: Both do the same service banking.

Nike Corporation and Reebok:

Type

Why

$2.$ Proctor & Gamble and Eastman Kodak: Type

Why

$3.$ Sealy Mattress Company and Viking Furniture: Type

Why