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The purchase of a target company by another corporation or an investor group is an:

AAcquisition
BAcquittal
CAccusation
DAccumulation
Answer & Solution
Correct answer: A. Acquisition
1. One firm is bought by another. 2. The buyer may be an investor group. 3. It is an acquisition. _Source: OpenStax Introduction to Business, Chapter 4, Forms of Business Ownership._
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