After an acquisition, the target firm ceases to exist as an independent entity while the acquiring firm continues to operate.

Name: After an acquisition, the target firm ceases to exist as an independent entity while the acquiring firm continues to operate.
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After an acquisition, the acquiring firm takes over the target firm and incorporates it into its own operations, effectively eliminating the target firm as an independent entity.

After an Acquisition, the Target Firm Ceases to Exist as an Independent