When Markum Corp., a manufacturer of cardboard printing equipment, purchased Pretak Ltd., a manufacturer of printers for printing on plastic, it was an example of an acquisition.

Name: When Markum Corp., a manufacturer of cardboard printing equipment, purchased Pretak Ltd., a manufacturer of printers for printing on plastic, it was an example of an acquisition.
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Question

Quizplus · Accepted Answer

Markum Corp. purchasing Pretak Ltd. qualifies as an acquisition because one company took over the ownership and control of another company.