Term:
Acquisition (ownership)
Definition:
Acquisition refers to obtaining ownership and control by one firm, in whole or in part, of another firm or business entity.
Domain:
Finance
Source:
Glossary of Industrial Organisation Economics and Competition Law, compiled by R. S. Khemani and D. M. Shapiro, commissioned by the Directorate for Financial, Fiscal and Enterprise Affairs, OECD, 1993
