The best replacement for acquisition is merger.

The best alternatives to acquisition are rated as following:
★★★★★  merger
★★★  learning
★★  greenfield
★★  retention
★★  procurement
★★  alliance
★★  joint venture
★  takeover
★  organic growth
★  language learning
★  ipo
★  disposition
★  acquisition
★  greenfield investment
  asset acquisition
  merger definition
  learning krashen
  purchase
  assistance
  stock acquisition
  licensing
  business combination
  merger accounting
  retention cost
  second language acquisition
  investment
  acquirement
  transmission
  xtorrent
  merger difference
  customer retention
  strategic alliance
  asset
  language development

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Speaking about acquisition, one probably shouldn't forget about goodwill.

Other search terms related to acquisition and their ratings are:
★★★★★ goodwill
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Google Trends

Scale is based on the average worldwide traffic of acquisition in all years. Click on graph for more.
acquisition
merger
learning