Acquisition

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 David and David (15th edition),

Acquisition. When a large organization purchases (acquires) a smaller firm; a merger.