Merger And Acquisition Process Research Based On Parallel Architecture Mode

Enterprise merger and acquisition (m&a) is the product of the development of market economy to a certain stage, is the market economic liberalization forms and which realize industrial concentration and scale economy effective means.The m&a activity in China started late, so far only20years of history, many m&a practices and theoretical researches are in the preliminary stage, and still don’t have mature theoretical framework.At present most m&a research results is about only one or a few separate steps, lack of merging as a cooperation "system engineering" complete concept, global consideration of m&a activity implementation and how to maximum level improve the success rate. This paper innovation lies in the strategic stage, mergers acquisitions stage, after the merger integration stage respectively in the view of global.This paper reviewed past research thoeries, using the combined method of reasoning system analysis and the course of analysis found that m&a activity was not a simple linear step by step process, but a parallel structure. Any m&a activity with enterprise future long-term strategic guidance, to establish a set of effective acquisition process to control the whole practice activities to reduce the merger of the practice of cost and improve the success rate of acquisition has very important significance.As lacking of experience and short-time researches, the research in this paper introduces the framework of enterprise merger operation process. And the research of the acquisition is not well, which will be further thorough in the later study, Hope all experts giving the criticism and correction.