The statement here that describes acquisitions is that: A: In many cases, firms make acquisitions to preempt their competitors.
- Acquisitions in corporate finance, can be regarded as transactions whereby the ownership of companies or business organizations are been transferred out or been consolidated with other entities.
- In other words It can be explained as an act of getting something, or received an item.
- For instance, the purchase of a house.
Therefore, option A is right
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