3.2合并与收购ppt课件

1、Mergers & Acquisitions -合并与收购合并与收购NO. 272uFollowing are some standard terms used to describe merger and acquisition activity:u（以下是一些用来描述并购事宜的标准术语：）uMerger：合并uCombination of two or more companies either through a pooling of interests, a purchase, or a consolidation.uAcquisition：收购uOne company tak

2、ing over controlling of a corporation.3uTakeover：接收：接收/接收接收uChange in the controlling interest of a corporation.uLeveraged buyout：融资收购：融资收购uTakeover of a company using borrowed funds.uFollowing are some colorful terms used to describe merger and acquisition activity:4u（以下是一些用于描述合并和收购活动的较为形象生动的词汇：）uP

3、ooling of interests：利益共享uAccounting method used in the combing or merger of companies following an acquisition, whereby the balance sheets are simply added together. uCrown jewels：拳头部门uThe most desirable entities within a diversified corporation as measured by asset value, earning power, and busines

4、s prospects.5uSaturday night special：周末特别收购：周末特别收购uSudden attempt by one company to take over another by making a public tender offer (offer to buy shares, usually at a premium, with the objective of taking control).uSleeping Beauty：睡美人：睡美人uPotential takeover target that has not been approached by a

5、n acquirer.uShark watcher：预警员：预警员uFirm specializing in the early detection of takeover activity.6UsageuFollowing are some sentences that make use of merger and acquisition terms:u（以下是一些应用并购事宜术语的例句：）uMerger / acquisitionuThat company lives by mergers and acquisitions. They just keep growing and growi

6、ng.uTakeoveruI think that company is ripe for a takeover. They have great market share but theyre in poor financial condition.7uLeveraged buyoutuThat leveraged buyout was some smart thinking on your part. We diversified our product line and expanded our market share without laying out any cash.uCrow

7、n jewelsuIn our lineup of health care products, the Cosmetics division is our crown jewel.8uSaturday night specialuThat announcement sure blindsided them. It was a Saturday night special and we caught them asleep at the wheel.uSleeping BeautyuI wonder which Prince Charming will court that Sleeping B

8、eauty.uShark watcheruThey just hired a shark watcher to avoid sudden death.9SummaryuCompany mergers and acquisitions are so commonplace that most of them go unnoticed by the general public. Only transactions involving large companies and/or large sums of money are considered newsworthy by the general press. Many large companies have a widely diversified range of products or services attain