Each of the following is true about the acquisition search process except for
A) A candidate search should start with identifying the primary selection criteria.
B) The number of selection criteria should be as lengthy as possible.
C) At a minimum, the primary criteria should include the industry and desired size of transaction.
D) The size of the transaction may be defined in terms of the maximum purchase price the acquirer is willing to pay.
E) A search strategy entails the use of electronic databases, trade publications, and querying the acquirer's law, banking, and accounting firms for qualified candidates.

Question

Quizplus · Accepted Answer

The number of selection criteria should not be as lengthy as possible, but rather be carefully chosen to focus on the key factors that are most important for the acquirer's strategic objectives. Too many criteria can narrow the search too much, leading to a smaller pool of potential candidates.

Each of the Following Is True About the Acquisition Search