In an acquisition, one firm simply buys another firm, whereas in a merger the consolidation is more collaborative.

Name: In an acquisition, one firm simply buys another firm, whereas in a merger the consolidation is more collaborative.
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In an acquisition, one company directly purchases another, often without the same level of mutual agreement or collaboration found in a merger, where two companies agree to combine their operations on a relatively equal basis to form a new entity.

In an Acquisition, One Firm Simply Buys Another Firm, Whereas