A firm that acquires another firm as part of its strategy to sell off assets, cut costs, and operate the remaining assets more efficiently is engaging in __________.

Question

Quizplus · Accepted Answer

A financial acquisition is when a firm acquires another firm primarily for financial reasons, such as selling off its assets, cutting costs, and operating the remaining assets more efficiently, rather than for strategic reasons related to the firm's core business operations.

A Firm That Acquires Another Firm as Part of Its