1. a company or organization that is purchased or taken over by another company
Usage: business/finance term; often used in mergers and acquisitions contexts

Examples

• The acquiree's shareholders voted to approve the merger deal.
• In the acquisition, the acquiree retained its brand name and management team.
• The acquiree was valued at $2 billion in the transaction.
• Investors in the acquiree received stock options as part of the settlement.
• The acquiree's assets were integrated into the larger corporation within six months.