上市公司成功并购机制研究

Research on the Mechanism of Successful Merger and Acquisition

本文从上市公司并购融资的特点出发,结合燕京并购惠泉的案例提出上市公司在选择融资方式时应考虑的因素和选择并购融资的方法,通过分析并购支付方式说明其对并购成功的作用,最后总结并购融资方式和支付方式的作用关系。

Based on the characteristics of mergers and acquisitions of listed companies, this paper combined with the case of Yanjing merged Huiquan, proposed what the listed companies should consider when they choose financing method. Through the analysis of the mode of M&A payment, we show its role in the success of mergers and acquisitions. At last, the paper summed up the relationship between M&A financing and payment.