Each of the following is true about the acquisition search process except for a search strategy entails the use of electronic databases, trade publications, and querying the acquirer’s law, banking, and accounting firms for qualified candidates. the number of selection criteria should be as lengthy as possible. the size of the transaction may be defined in terms of the maximum purchase price the acquirer is willing to pay. at a minimum, the primary criteria should include the industry and desired size of transaction. a candidate search should start with identifying the primary selection criteria.