Question: When can a value - creating asset - such as a subsidiary company - be acquired from a competitor for less than the value of

When can a value-creating asset- such as a subsidiary company - be acquired from a competitor for less than the value of that asset?
Techinology shils so that the asset is no longer relevant in creating value.
The firm has more capital to invert than the competitor:
The firm does not have exigting capabilities that would make the asset more valuable to the firm than to the competitor,
The firm has superior information about the underbing value of the asyet s capubily.
 When can a value-creating asset- such as a subsidiary company -

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