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"buyout of" is a grammatically correct and commonly used phrase in written English
It is typically used to describe the act of acquiring or purchasing something in its entirety. Example: The company announced a complete buyout of their competitor, solidifying their position as the dominant player in the market.
Exact(57)
Take the recently announced buyout of Dell.
The Asian investments complicate any buyout of Yahoo.
In 1988 Cain led a buyout of the company.
CHICAGO BULLS--Announced the buyout of C Dalibor Bagaric's contract.
In 1996, Goldman led a leveraged buyout of AMF.
What is the process of a community buyout of forests?
In 2003, it helped finance the buyout of Debenhams, a British retailer, and, two years later, participated in the buyout of Hertz, the rental-car company.
Rodriguez and the Yankees could agree to a buyout of his existing contract.
Kohlberg Kravis Roberts's biggest deal was even smaller, a $2.4 billion buyout of Capsugel.
The trust ownership structure has prevented a buyout of the newspaper by larger media owners.
Brandon said the university would pay Rodriguez's buyout of $2.5 million.
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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