After the tariffs took effect, the company upped its prices $0.80 to $1.00 higher-per-pound then the price of magnesium alloy in any other country.â (U.S. Magnesium did not reply to Machine Design's offer to provide its side of the story.)
AAA |. The acquisition of one company (called the target company) by another (called the acquirer) that is accomplished not by coming to an agreement with the target company's management, but by going directly to the company's shareholders or fighting to replace management in order to get the acquisition approved.
A form of takeover, an acquisition occurs when a buying company obtains more than 50% ownership in a target company. The approach is often used to increase market share, add new niche offerings or increase the overall amount of business assets.