acquisition agreement

[Lanell]

contract governing the merger of two or more companies

[Cami]

An acquisition agreement is a legal contract that outlines the terms and conditions of a business transaction where one company, referred to as the acquirer, purchases all or majority equity stake of another company, referred to as the target. The agreement specifies all significant aspects of the acquisition such as price, payment method, timetable, liabilities, and rights of the two entities involved.