Company mergers and acquisitions is an inevitable outcome of market economy development. Market economy’s operation is adjusted by market mechanism, which is the result of interconnected interaction among price mechanism, supp YL and demand mechanism and competition mechanism. And the competition mechanism was in a core position. While the company mergers and acquisitions are an effective way to achieve its own economic development and enhance competitiveness. The research and discussion about company merger and acquisition has a great significance for the complement of China’s company law system, and give full play to the company’s acquisition positive effect.On the basis of relevant theoretical research for M&A, this paper taking WF to YL Company as an example, ana YLzed the process of choose and execute scheme, and put forward the key problems and solutions in the process of M&A. Through the synergies methods to ana YLze the WF acquisition effect to YL.On the basis of detailed ana YLsis and comparison of these two companies, this paper introduces business scope and operating capacity of WF to YL Company. It is concluded that the possibility and feasibility of WF acquired YL Company. At the same time, this paper also represents main operating measures of M&A. Case was carried out main YL from the following several aspects, such as the reason ana YLsis of WF company’s acquisition of YL company, assets value estimation of YL company, assets delivery, acquisition and integration and series of other problems. And then, through three kinds of evaluation method, that are financial synergy, management synergy, operating synergy effect, this paper discusses the acquisition effect evaluation of WF company’s acquisition of YL company. Based on comprehensive understanding and research of the case, this paper concludes the characteristics, risks and enlightenment of company M&A. |