企业兼并中目标企业分析与价值估价的研究

Aim enterprise analysis and evaluation in merger and acquisition

本篇论文探讨了企业兼并中目标企业选择的分析与价值估价方法。文中阐述了目标企业分析的内容，并选用贴现现金流量法，以实例说明目标企业估价方法和兼并交易价格的确定。该方法在企业兼并操作中对目标企业的选择分析上具有一定的实用价值。

This article mainly deals with the method of aim enterprise analysis and evaluation in Merger and Acquisition(M&A).The contents of aim enterprise analysis are elaborated,and the method of discount cash flow is selected to illustrate the way of evaluation enterprise value and defining M&A price in the use of practice example. This method has some pragmatic value in aim enterprise selecting in operating of M&A.