One possible route for growth at Northrop would be strategic acquisitions.

"They've got a lot of capital over there and we will see a number of very high quality strategic acquisitions by major participants in 1988."

We'd like to go into baby food if we could find the right strategic acquisition.

On the other hand, the firm has to have the currency to make strategic acquisitions.

It experienced substantial expansion through internal growth and strategic acquisitions.

"It's been a seller's market," he said, adding that the company instead was making small, strategic acquisitions.

"It was a strategic acquisition and will and should add significant value."

It has expanded through a combination of organic growth and strategic acquisitions.

Or Jefferson with his strategic acquisitions that endure to this day?

As a result, most companies now resort to strategic acquisitions when entering new business areas.