Shenyang LM Taxi Company M&A Strategy Research

Mergers and acquisitions as company strategic behavior, is under the condition of market economy, the social production development in a certain stage of the inevitable product, it is the essence of the enterprise as a kind of commodity, the purchase and sale of property transactions, through the property right transaction process to allocate resources, optimize resource way. Through the merger and acquisition mode selection, can effectively realize the company’s external growth, accelerate corporate restructuring, is the enterprise in bigger range, more reasonable structure to achieve capital appreciation.Shenyang LM Taxi Company, as the Shenyang Federation of trade unions organized a state-owned taxi company, shoulder to company management, staff management, realize the taxi industry in Shenyang city the existing rigid management mode breakthrough. Since its establishment in2009, the company has always been to maintain a high speed of development, through innovative management mode, high-quality driver team, a high level of service quality, good corporate image, to truly become a Shenyang taxi industry is one of the important brand, leading the industry development direction. Since2010, the Shenyang city taxi industry under the guidance of the government, to "create a first-class team, a first-class image, provide first-class service" as the goal, to encourage the taxi company mergers and acquisitions, expect through mergers and acquisitions, prompted the taxi company scale promotion level of management, improve service level, realize the leap. Shenyang LM as the taxi company, in the industry policy guidance, combined with the company’s development strategy, firmly grasp the opportunity of development, embarked on the M&A.This paper is mainly on the Shenyang LM Taxi Company M&A strategy for the analysis of LM, Shenyang taxi company merger environment, implementation strategy and implementation. Through the use of company strategy management theory, the theory of corporate merger and other related theories, the LM company’s strategic environment carries on the PEST, five forces model analysis, developed by LM company M&a development strategy, combined with the Shenyang city taxi industry trends, to determine the corresponding acquisition mode, so as to make a success of LM company merger and acquisition decision. At the same time, through the LM company M&A strategy analysis, for the Shenyang city taxi company mergers and acquisitions to provide theoretical and practical support, to further develop the taxi company’s competitive advantage, improve service quality, establish the image of industry.