Acquisition Agreement (Noun)
Meaning
Contract governing the merger of two or more companies.
Classification
Nouns denoting communicative processes and contents.
Examples
- The acquisition agreement outlined the terms of the merger, including the purchase price and the timeline for completion.
- The companies signed a definitive acquisition agreement, paving the way for the creation of a new industry leader.
- As part of the acquisition agreement, the target company's CEO would remain in place for at least two years after the deal closed.
- The acquisition agreement included a number of conditions, including regulatory approval and the absence of any material adverse changes.
- The board of directors of both companies approved the acquisition agreement, which was then submitted to shareholders for approval.