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The phrase "about to be acquired" is correct and usable in written English.
It can be used to indicate that something is imminent, specifically in the context of a business or asset being on the verge of being purchased or taken over.
Example: "The company is about to be acquired by a larger firm, which will significantly change its operations."
Alternatives: "on the verge of being acquired" or "set to be acquired".
Exact(31)
She didn't know that her Barings unit was about to be acquired by Goldman , Sachs
As that site hints, one reason for pulling public appearances at short notice would be if Magic Leap were about to be acquired.
This was in 1969, a time of great uncertainty at Stax, as it was about to be acquired by the Gulf and Western conglomerate.
Does that count as news?" For the record, the Derby Telegraph is published by Local World, which is about to be acquired by Trinity Mirror.
Drew K. Brownstein, known as Bo, admitted buying stock in Mariner Energy after receiving a tip that the company was about to be acquired.
Rumors started flying of an imminent merger, followed in the afternoon by reports that Morgan was about to be acquired by Chase Manhattan -- whose chief executive, William B. Harrison Jr., was due to speak Wednesday morning.
Similar(28)
Officials said they expected about 8% of woodland to be acquired by "big society" groups.
"The world is consolidating around us," Ms. Rubio said, "and we thought it would probably be in our best interest to begin thinking about who we wanted to be acquired by.
And with Facebook's shaky IPO sending ripples of fear through the industry about going public, aiming to be acquired seems like a smart strategy.
Indeed, information about the desired categories to be acquired is not contained in the prefrontal information, and further motivational information would be needed.
As an idealistic young black man there was a whole universe of knowledge to be acquired about how this industry handles the question of race in America, and this was vital to one's survival.
More suggestions(16)
about to be manufactured
about to be recruited
about to be hired
about to be fired
about to be walked
about to be fixed
about to be evacuated
about to be completed
about to be reopened
about to be stuck
about to be Prosecuted
about to be patronised
about to be unloaded
about to be slashed
about to be extinguished
about to be given
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com