Acquisition

An acquisition refers to the process by which one company takes over controlling interest in another company. Acquisitions are often undertaken to achieve growth, diversify products or services, gain access to new markets, acquire technology or expertise, or to eliminate competition.
Remember, acquisitions can significantly impact both companies involved, affecting employees, shareholders, and sometimes even entire industries. They can lead to great successes or notable failures, depending largely on how well the acquisition is planned and executed.