What does acquisition mean in business studies
1 answer
Acquisition in business studies refers to the process through which one company takes control over another company, either through purchasing its assets or by taking controlling ownership stakes in the company. It is a strategic move made by the acquiring company in order to expand its operations, increase market share, diversify its product or service offerings, or gain access to new distribution channels or customer segments. Acquisitions can be friendly, where both companies agree to the deal, or hostile, where the target company resists the acquisition.