An acquisition is the process by which one company purchases most or all of another company’s shares or assets in order to gain control of that company. The acquiring firm, often referred to as the “parent” or simply “buyer”, takes ownership of the wanted company’s operations, employees, resources, suppliers, and debts, usually with the goal of expanding market reach, acquiring new technology, or increasing profitability. Unlike a merger, where two companies of relatively sim

One of the biggest benefits of forming a corporation or a limited liability company (LLC) is the protection it provides to its owners. This protection is known as the corporate veil, a legal concept that separates the business entity from its owners, shielding their personal assets from the company’s debts, liabilities, or legal obligations. As long as the business is operated properly and within the law, the corporate veil ensures that shareholders or members aren’t personal