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Chief executive Andrew Harris said the company was likely to abandon plans to acquire a hotel in Sydney ' s Kings Cross red light district and acquire another property three times the size in a better location .
 transfer ownership: acquire
Please tell me event type and its trigger word from given type options. Output format is "type: trigger".  Option: declare bankruptcy, transfer ownership, marry, die, phone write, arrest jail, convict, sue, transfer money, end organization, start organization, end position, merge organization, start position, transport, charge indict, elect, attack, injure, born, extradite, release parole, sentence, demonstrate, meet, trial hearing, divorce, nominate, fine, appeal, pardon, execute, acquit 
Text: {0} 
Answer:
 transfer ownership: acquire