An acquisition occurs when one firm takes a controlling interest in another firm, a legal subsidiary of another firm, or selected assets of another firm. The acquired firm often remains a subsidiary of the acquiring company.

Name: An acquisition occurs when one firm takes a controlling interest in another firm, a legal subsidiary of another firm, or selected assets of another firm. The acquired firm often remains a subsidiary of the acquiring company.
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Question

Quizplus · Accepted Answer

This is the definition of an acquisition.

An Acquisition Occurs When One Firm Takes a Controlling Interest