The Identification Of "Persons Acting In Concert" During Acquisition

Acquisition of a corporation by means of"persons acting in concert"is both important and complicated. Our country has established the basic legal frame to govern securities and stock market. But the concepts used in laws and regulations are different. They are scattered and confused. Therefore, it is important to clarify the concept of"persons acting in concert"in order to maturities the supervision over securities and stock market. This thesis intends to analyze the basic legal and practice problems during acquisition, and then identify the concept of"person acting in concert"by categories. The whole thesis consists of 3 chapters, chapter I, discuses and generalizes the conceptions and necessity of recognize persons acting in concert; chapter II, discuss the criterions of different sorts; chapter III, with the consideration of the reality of our country, analyze the problems, and then the put forward some feasible suggestions in respect to improving the takeover legislation of our country.