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as lump-sum purchases, basket purchases are acquisitions that
involve a collection of assets, rather than the purchase of a
single asset. This approach often results in the ability to
acquire several assets for a lower price than would be possible
by purchasing them separately. With a basket purchase, the cost
of each asset in the group is normally allocated based on
current fair market values, and the application of a discount as
part of the incentive to make the lump-sum purchase. Use of the
basket purchase strategy is common in a number of business
transactions, with the idea used by retailers, service
providers, realtors, wholesalers, and just about any type of
sales situation. As an example, a basket purchase for a business
may involve several different assets that must be acquired in
order to fully acquire everything needed to remain in operation.
The deal may call for buying the property where the business is
located, along with a storage w