What does buyout mean?
The act of taking control of a company by purchasing a majority of its shares, or the amount of money paid for this purpose. To purchase or acquire something, especially a company, by paying a large sum of money.
Example
"The company's buyout was completed last year, and it's now a subsidiary of the conglomerate."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.