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Acquisition: Definition

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Simple Definition

When one company buys another company outright.

Why It Matters

In an acquisition, the buyer typically pays a premium (20-50% above current price) to convince shareholders to sell. If you own the target company, you usually make money fast. The acquiring company's stock can go either way - up if investors like the deal, down if they think the buyer overpaid. Microsoft buying Activision for $69 billion was the largest gaming acquisition ever.

Key Points

  • Target shareholders typically get cash, stock, or a mix
  • Acquisition premium: typically 20-50% above pre-announcement price
  • Deal risk: acquisitions can fall through (regulatory blocks, financing issues)

Related Terms

Common Questions

When one company buys another company outright. In an acquisition, the buyer typically pays a premium (20-50% above current price) to convince shareholders to sell. If you own the target company, you usually make money fast.

In an acquisition, the buyer typically pays a premium (20-50% above current price) to convince shareholders to sell. If you own the target company, you usually make money fast. The acquiring company's stock can go either way - up if investors like the deal, down if they think the buyer overpaid. Microsoft buying Activision for $69 billion was the largest gaming acquisition ever.

Target shareholders typically get cash, stock, or a mix

Acquisition premium: typically 20-50% above pre-announcement price

Deal risk: acquisitions can fall through (regulatory blocks, financing issues)