The company which purchases majority of shares of another company is called
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Key Takeaways. An acquisition occurs when one company buys most or all of another company's shares. If a firm buys more than 50% of a target company's shares, it effectively gains control of that company.
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Explanation:
Key Takeaways. An acquisition occurs when one company buys most or all of another company's shares. If a firm buys more than 50% of a target company's shares, it effectively gains control of that company.
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