问题如下：
National Plastics Corp. is
a leading manufacturer of high-quality injection-molded plastic packaging
materials used by various industries, primarily food and beverage processing
and packaging firms.
On 4 January 2013,
Haines Foods, Inc., launched a hostile takeover bid for all of the shares of
National at $30 per share (a $5 premium in excess of the pre-bid price). Haines
Foods is a national distributor of deli and dairy products. If its bid is
successful, it plans to continue to operate National as a wholly owned
subsidiary.
If Haines Foods is
successful in its attempt to acquire National Plastics, the business
combination is best classified as which type of merger?
选项：
A. Vertical, backward
Horizontal, conglomerate
Vertical, forward
解释：
If Haines acquires National, it would be a vertical merger because they are both in the same production chain. It is an example of backward integration because Haines is closer to the consumer than the packaging manufacturer.
N是包装的，H是分销的，那不是应该都包装好了再去分销吗？那应该是H更接近客户啊？是上游收购下游啊。
