Research On The Economic Consequences Of S Company's Acquisition Of F Company

Mergers and acquisitions are an important way for enterprises to integrate resources,optimize their allocation and scale,so as to improve their management level and profitability.With the acceleration of globalization and the continuous improvement of China's market economy,more and more local enterprises have begun to realize their development goals through transnational mergers and acquisitions.At the same time,should also be noted that although theoretical research thought through M&A can achieve the optimization of the layout of the enterprise,improve enterprise operating performance,but in fact it is not all mergers and acquisitions can be successful.After the merger and acquisition of enterprises,the achievement of the acquisition target is the key factor for the success of the M&A activity.Existing research results are less research on the economic consequences of transnational merger and acquisition system,enterprises in the lack of detailed reference case in cross-border M&A,so choose meat products processing enterprises S company in our country F companies in the United States multinational M&A cases,analyzing the successful experience of M&A make the enterprise benefit and the failure of the damaged reasons,provides reference experience,theory and practice to study M&A decision is of great significance.Through the analysis of the economic consequences of transnational mergers and acquisitions.the importance of M&A and the prudence of making M&A decisions are promoted,and the success of transnational mergers and acquisitions of Chinese enterprises is promoted.Combing the existing domestic and foreign research literature,transnational merger and acquisition of company S and F company operating situation and market status of China and the United States before the merger,the analysis of company S motivation and F are M&A motivation of transnational M&A,and review the process of M&A happened and key point extraction.Economic consequences by M&A theory and synergy theory as the foundation of research,collecting relevant data reflects the operating situation of mergers and acquisitions both sides information,stock price,three perspectives financial indicators and non-financial indicators,from the acquisition of shares after the two sides in M&A announcement has to analyze the changes of attitude held by the investor behavior of transnational M&A;This paper analyzes the financial indicators of three years before and after the merger and acquisition,and determines whether the M&A activity plays a synergistic effect.From the market share,the brand image and the change of personnel structure to judge the influence of the transnational M&A behavior on the non-financial matters.In this way,the economic consequences of S company's transnational acquisition and acquisition F company are compared and evaluated.Based on the company S F as the economic consequences of transnational merger and acquisition,summarizes three enlightenments:to better grasp the M&A in cross-border M&A prepared during the national policy,mergers and acquisitions and reasonable design integration after mergers and acquisitions work.Explore the potential risks of cross-border mergers and acquisitions to analyze the potential drawbacks.Finally,some methods of risk prevention in cross-border M&Aare put forward.