The difference between succession and buying up a company's assets
![Tim Mitchell](https://cdn-res.keymedia.com/cdn-cgi/image/f=auto/https://cdn-res.keymedia.com/cms/images/ca/126/0287_637061660139228232.jpg)
Question: When one company is acquired by another company, what exactly constitutes a successor employer? What role do things like selling off the old company’s assets, occupying the same location and terminating employees and then rehiring some have in the determination?