noun
- a company or entity that is merged into another company, typically the smaller or acquired party in a merger
Usage: business/legal term; often used in corporate transactions and acquisitions
Examples
- The mergee retained its brand identity even after the acquisition was completed.
- Shareholders of the mergee were offered stock in the larger corporation.
- The mergee's employees were integrated into the parent company's operations.
- In this merger, the smaller firm acted as the mergee while the larger corporation was the acquirer.
- The mergee's assets were consolidated with those of the acquiring company.