Acquisition

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Acquisition is when one firm purchases another; for practical purposes, often combined with mergers.

Definition

According to the Principles of Economics by Timothy Taylor (3rd edition),

Acquisition. When one firm purchases another; for practical purposes, often combined with mergers.

According to the Strategic Management by Parnell (4th edition),

Acquisition. A form of a merger whereby one firm purchases another, often with a combination of cash and stock.

According to the Strategic Management by Parnell (4th edition),

The Strategic Management by Parnell (4th edition) is the fourth edition of the textbook, Strategic Management. Theory and Practice, that has been authored by John A. Parnell and published by Sage Publications in 2013.