The Best Acquisitions Are Driven by Either Strategic or Defensive

question 69

True/False

The best acquisitions are driven by either strategic or defensive reasons. For example, the Teva Pharmaceuticals' acquisition of Cephalon should be driven by strategic factors (e.g., cost and revenue synergies) or defensive reasons (e.g., to gain sales revenue in the short run).

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Definitions:

Old Age

A phase in the life cycle of an organism that is characterized by a decline in physiological function and an increased likelihood of mortality.

Cell Differentiation

The process by which a cell becomes specialized to perform a specific function.

Genetic Makeup

The set of genes or genetic information in an organism, determining its hereditary characteristics.