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Enterprise Growth Strategies — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEnterprise Growth Strategies1 Mark
Question
What is acquisition?
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Answer

A corporate action in which a company buys most if not all of the target company's ownership stakes in order to assume control of the target firm is termed as 'acquisition'.

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