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企业并购,以其对存量资产的优化配置功能,在资本市场中素有风向标之称。并购成功后的巨大协同效应吸引着众多热切者的目光,从而使他们决议通过并购的财富效应快速获得巨大的收益。然而,风险与收益如同一朵两生花始终并存,百多年的并购史错落交织着成功与悔恨、诚信与欺诈。在这个没有硝烟的商业战场上,并购在带给企业收益的同时,也伴随着诸多陷阱。作为并购方的企业如何才能辨别并购中的陷阱并有效的规避并购骗局成为摆在其管理者面前的一道难题。
Mergers and acquisitions, with its optimal allocation of stock assets function, known as the capital market in the vane. The huge synergy after the merger has captured the attention of so many enthusiastic people that their resolution quickly gains huge gains through the wealth effect of mergers and acquisitions. However, the risks and benefits are always the same as that of a two-flower, and over a hundred years history of mergers and acquisitions is a combination of success and remorse, honesty and fraud. In this smokeless commercial battlefield, mergers and acquisitions bring the business benefits, but also accompanied by many pitfalls. As a M & A side of the enterprise how to identify the trap of mergers and acquisitions and effectively avoid mergers and acquisitions scam placed in front of its managers a problem.