Question

[taylor tay bags]

Define acquisition and give an example

[mba]

A acquisition is when one company buys another. An example of this is Toll Holdings purchase of Patrick Corporation or the acquisition of Southern Cross Media's television and radio interest by Fairfax Media.

[shonira]

An acquisition is the process of buying out another company. For example, Wesfarmers acquired Coles Group and therefore Coles has to follow all the structures, styles and decisions made by Wesfarmers. Basically, an acquisition is obtaining ownership and power over another company by purchasing it.

mergers is kind of similar but the power is shared between both organisations

[kyprea]

wait...where was that in there?

[taylor tay bags]

It wasn't. Read the date of when this topic was made and contrast that with the date of the VCAA business management exam.

[lil_stace]

acquisition is basically when one organisation buys another, it can be because of globalisation, it was a good investment oppurtunity as share prices where low, to knock out competition etc.  an example is how google brought youtube..