Acquisition

Definition of Acquisition

Acquisition has two meanings in business.
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In some cases, an acquisition refers to the acquiring of supplies or services by the federal government with appropriated funds through purchase or lease.

A more commonly used definition refers to taking ownership of another business. In this case, acquisition defines the process of gaining control, possession or ownership of a private portfolio company by an operating company or conglomerate. In this usage, the term is frequently used in conjunction with the word merger, as in mergers and acquisitions or M&As.

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