In a business combination, the acquiree is the party that:
A) pays the acquisition consideration.
B) finances the business combination.
C) gives up control over the net assets acquired.
D) obtains control of the net assets the other entity.

Question

Quizplus · Accepted Answer

The acquiree in a business combination is the entity that gives up control over its net assets to the acquirer, essentially being "acquired" or taken over.

In a Business Combination, the Acquiree Is the Party That