Acquisition is external growth strategy was demonstrated when procter & gamble completely absorbed gillette into their company
What is acquisition and example?
The definition of a purchase is the act of getting or receiving something, or the item that was received. An example of a purchase is the purchase of a house.
What happens in an acquisition?
An acquisition is when one company takes over another company, and therefore the acquiring company becomes the owner of the target company. In other words, the acquired company not exists following an acquisition since it has been absorbed by the acquirer. The equity shares of the acquiring company still trade.
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