Listed Acquisition Of The Legal System

Acquisition of listed company is a very important title transaction, through which adjustment of industrial construction and optimization of resources can be reached. Beginning with the practice in China抯 securities market and in relation with the legal system in other countries, this article explores some theoretical and practical problems in acquisition of listed company, with an aim to supply a reference for China抯 legal system in this field.In the first part, a brief introduction is made as to the definition of acquisition of listed company by foreign legal systems and its legal characteristics form narrow and broad angles. Therefore, the adjustment range is clear for later expounding. The second part analyzes the fundamental principles of acquisition of listed company. These principles directly reflect the government policy and express the legislative spirit and instructive signiUcance, which functions as an instrument for us to understand and explain the acquisition. The third part is to introduce China抯 legal nom on the acquisition of listed company. The fourth part expounds five areas as anti-monopoly, antiacquisition, unanimous action, offer acquisition and agreement acquisition, and puts forward some legal suggestions to perfect China抯 legal systems on acquisition of listed company.