The Performance Analysis And Optimization Of The Merger And Acquisition Project Of PBS Company

In market economy, mergers and acquisitions has become a means or a way for enterprises development and growth. Along with the further deepening of reform and opening up, enterprises will also further enhance their own strength with choosing the way of m & a. But compared with the western mature market economy, China’s enterprises lack of advanced management experience under the conditions of the market economy. Therefore, through the reasonable and effective corporate mergers and acquisitions, improving the corporate governance structure has been become the topics on that the government, enterprise managers, academics and the general investors to focus.In terms of mergers and acquisitions of listed companies in China, m & a number shows the trend of rising year by year; According to statistics, transaction amount is greatly increased. Since 2004, the broadband market in the policy, capital and market, and many other aspects of "shuffle movement" has started, and a merger between broadband operators have begun; PBS broadband industry company is one of the typical enterprise. Through merger and acquisition, PBS company enhance its own strength. This paper will be based on the strategic management theory and m & a theory and analysis the performance of the company after the merger mainly by the method of financial indicators analysis. On this basis, the performance optimization Suggestions are given.This paper is divided into five chapters; the first chapter focuses on combing the domestic and foreign research literature related to mergers and acquisitions. The second chapter mainly introduces the theoretical knowledge related to m & a performance; then focus on mergers and acquisitions performance evaluation method. Based on the PBS telecoms group as the research object, then the third chapter mainly introduces the company and development of the industry. The fourth chapter is research on m & a performance problems; mainly analyzes the basic performance of mergers and acquisitions, business performance and financial performance. On this basis, this paper will evaluate the performance of the company with comparison analysis before and after m & a, and then we makes an overall evaluation of m & a performance on the company. The fifth chapter mainly introduces PBS telecoms group performance optimization strategy.