Listed Acquisition Of Legal Issues

Acquisition of listed companies is valuable and affects deeply. The summary of acquisition of listed companies is the base of the article.The definition of acquisition of listed companies which some scholars have given is umstritten.The author of the article maintain that the target company is not a non-listed limited company but an acquisition of listed company which share issued abroad.The intention and reason analysis is for finding the economic base of it.According to economics,the main factors which influence acquisition of listed companies are following : synergy in business, financial synergy effect, the market share and enterprise development motive.Our current Securities stipulates that investors may purchase acquisition of listed companies by tender offer , takeover agreement and other legal ways. The author of the article maintain that the decision right of anti-acquisition of the target company belongs to the general meeting of stockholders of the target company .The foreign investors for taking-over Chinese listed companies and the Chinese investors for taking-over foreign listed companies are the beach swimmers of acquisition market. Market-oriented economy should be legal economy. We should try our best to abide by international conventions because China is the member of the WTO.We had better govern according to law by impeccable legalization.We should construct a predictability law model instead of governmental rigidity regulation and control .Both legal controls for the foreign investors for taking-over Chinese listed companies and giving lawful support for the Chinese investors for taking-over foreign listed companies are the focuses of the author'attention. These are the research key points of the article。...