ENTREPRENEURSHIP

Detailed explanation-1: -An acquisition is a business transaction that occurs when one company purchases and gains control over another company. These transactions are a core part of mergers and acquisitions (M&A), a career path in corporate law or finance that focuses on the buying, selling, and consolidation of companies.

Detailed explanation-2: -The terms “mergers” and “acquisitions” are often used interchangeably, but they differ in meaning. In an acquisition, one company purchases another outright. A merger is the combination of two firms, which subsequently form a new legal entity under the banner of one corporate name.

Detailed explanation-3: -There are four main types of acquisitions based on the relationship between the buyer and seller: horizontal, vertical, conglomerate, and congeneric.

Detailed explanation-4: -: the act of acquiring something. acquisition of property. the acquisition of knowledge. : something or someone acquired or gained.