Research On The Venture Discernment For Merger & Acquisition Of Enterprise Integrated

Merger and acquisition (M&A) of enterprise is the product of marketing economics, which came into being in the end of 19th century, and is turning into one of the most important economic phenomenon. The opinion of "The best win and the worst defeat" is accepted by all as a basic rule in our life. And M&A will be one important manner in capital flow operation of enterprise, while take key role in the economic development.This thesis is a sub-item of the THE VENTURE DISCERNMENT SYSTEM FOR MERGER &ACQUISITION OF ENTERPRISE (by NSFE). In the article we study the venture of the end stage of M&A. Firstly, we clear the definition of Merger and Acquisition, M&A risk, venture discernment and so on; Secondly, introduce the status quo, analyse the acute tide on M&A in west country, get the enlightenment and find some problem to China enterprise; analyse and epurate the six aspects, thirteen factors, and design thirteen corresponding indexes. Then the coherent coefficient of integration is set up by Fuzzy method and Accurate value measurement. The calculation is evaluates.The thesis rely on existing theory and amplify on the venture discernment of M&A, analyses relational factors and designs corresponding system of venture discernment. The creation in the article: bring forward the integration coefficient clearly , and this thought would be a efficient manner and tool for Chinese enterprise M&A.M&A is not a fresh topic, which has fertile base in theory support home and abroad, is developing and perfecting. The article penetrated into actual case, and gained latest material, discuss the topic. And it will afford a good thought to our enterprise reorganization and rebuilding.