A(n) ________ acquisition occurs when the management of a target firm wants to be acquired.
A) hostile
B) admirable
C) strategic
D) friendly

Question

Quizplus · Accepted Answer

A friendly acquisition occurs when the management of the target firm is willing to be acquired and the two companies come to a mutually beneficial agreement. This is in contrast to a hostile acquisition, where the target company resists the acquisition or is unaware of the acquirer's intentions. A strategic acquisition refers to an acquisition where the acquirer i seeking to gain a competitive advantage or fill a strategic gap, and an admirable acquisition is not a commonly used term in the world of mergers and acquisitions.

A(n) ________ Acquisition Occurs When the Management of a Target