Mergers And Acquisitions Financing Way

M&A (mergers and acquisitions) as a particular behavior makes the corporatecontrol and financing ways interrelated. Under the guidance of the financing theory ofwestern enterprise M&A, this thesis makes study on the enterprise behavior in M&Afinancing. Considering the present situation in our country, this thesis also makes researchon the common way and development way of M&A financing, in order to promote andperfect M&A financing theory in China. This thesis consists of four chapters. As the preface, chapterⅠbriefly reviews thestudy actuality on M&A financing and the study thought. Besides this, it provides a generaldescription of the meaning on this topic and reviews the academic papers and research inthis field. Chapter Ⅱ analyzes the current situation of M&A financing, a conclusion hasbeen reached that it is necessary to improve the channels and methods of financing so as topromote the mergers and acquisitions activities, while pay much attention to the transfer ofcontrol rights. Chapter Ⅲ discusses the financing methods and their characteristics mostlyused in M&A. Chapter Ⅳ gives the demonstration study on the market of control rightsand the strategies of M&A financing. It analyzes the financial effects on M&A financing,at the same time suggests that some measures improved the situation and externalenvironment.