An acquisition is a legal transaction in which two or more organizations combine operations through an exchange of stock and create a third entity. An acquisition is a business transaction that occurs when one company purchases and gains control over another company.
These transactions are a core part of mergers and acquisitions, a career path in corporate law or finance that focuses on buying, selling, and consolidation of companies. Acquisitions are often amicable, meaning both companies are on-board with and negotiate the terms of the transaction. Companies consolidate for a variety of reasons and in several ways, for eg. Horizontal acquisition, vertical acquisition, congeneric acquisition, and conglomerate acquisition.
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