Question

A business_____________occurs when, for practical purposes, one firm purchases another.

Answer 1

A business acquisition occurs when, for practical purposes, one firm purchases another.

What is acquisition?

• A company makes an acquisition when it buys the majority or all of the shares of another company in order to take over that business. The acquirer can make choices on newly acquired assets without the consent of the target company's other shareholders if they purchase more than 50% of the target company's stock and other assets.
• Acquisitions can happen with or without the target company's permission and are quite common in business. The approval process typically includes a no-shop restriction.
• Because these enormous and major transactions frequently make the news, we frequently hear about the acquisitions of large, well-known corporations. In actuality, small- to medium-sized businesses merge and acquire one another more frequently than giant corporations.

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