Southridge Enterprises Inc (SRGE)

[Anticipating]

Education/Definition of Acquisition

An acquisition is when one company purchases/acquires most or all of another company; IE MSJ/SRGE acquisition.

By purchasing more than 50% of a target companies stock and/or other assets allows the acquirer to make decisions about the newly acquired assets without the approval of the company’s shareholders. Acquisitions, which are very common in business, may occur with the target company's approval, or in spite of its disapproval.