{"iri":"https://lexicon.financial/ext/concept/AssetPurchase","label":"Asset Purchase","definition":"An M&A transaction in which the buyer acquires specific assets (and assumes specific liabilities) of the target rather than its equity. Common in main-street M&A because the buyer steps up the tax basis of the assets and avoids inheriting unknown corporate-level liabilities.","license":"https://spdx.org/licenses/MIT","source":"ext","source_url":"https://lexicon.financial/ext/"}