Acquiring another company is a common way to expand a business. The potential advantages of a strategic acquisition are numerous—it can add value to the combined entity by eliminating redundancies in operational costs, diversifying (if adding a new line of business), solidifying a supply line (by acquiring a supplier or customer), or increasing the market share and reducing competition (if buying a company in the same field). At the same time, there can be potential disadvantages as well, ranging from cultural integration problems to hidden liability issues.… Read the rest
