I've recently came across one of my competitors who's looking to sell their domain. Now they currently rank higher than my primary site for a few keywords we are targeting.

Would it be wise to buy the domain and do a name server change over to my primary domain? Would it even help boost ranks for the keywords they rank higher for? Or will the link juice be minimal?

Any thoughts would be great!

Well never hurts to do both, thanks will look into runing both cononical and 301's

Thanks Ryan, I suppose I'll leave out the Conanical tags

I was thinking of using 301 redirects for trailing slahes to no trailing slashes for my urls.

EG: www.url.com/page1/ 301 redirect to www.url.com/page1

Already got a redirect for non-www to www already.

Just wondering in my case would it be best to continue using htacces for the trailing slash redirect or just go with Canonical URLs?