In an acquisition, the surviving firm is called the acquirer, and the firm that is acquired is called the target.

Name: In an acquisition, the surviving firm is called the acquirer, and the firm that is acquired is called the target.
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This is a correct statement. The surviving firm in an acquisition is referred to as the acquirer or acquiring company, while the firm that is being purchased is referred to as the target or the acquired company.

In an Acquisition, the Surviving Firm Is Called the Acquirer