Research On Corporate Mergers And Acquisitions Based On The Synergies Perspective

Firstly, article through domestic M&A market data analysis research and analysisfor corporate mergers and acquisitions point out that researching on corporate M&Asynergies has great significance. Review the literature of domestic and international byfurther indicates the content of the article and the research framework. Article analyzesthe synergies through the definition of theoretical concepts, illustrating the operation ofthe mechanism of synergy. And explore the synergies of M&A under differentperspectives.Subsequently, article raised the question that the synergies value of the targetcompany in the perspective of M&A. Then Article constructed a target enterprise valueevaluation investigation system from the perspective of synergies based on the followingspecific cases, facilitating the synergies analytic of the target company.Then, through TY M&A TW company actual case, article expands the analysis byillustrating the basic situation of both acquisitions. Author introduced the strategicbackground and motivation by further analyzed M&A projects selection. In accordancewith the target enterprise value evaluation research system of the foregoing, from finance,production, management and cultural perspective depth analysis of the TY M&A TWCompany’s synergy. The authors note that M&A synergistic effects are mutual. Finally,generality illustration of the main conclusions and the limitations of this study, andpointed out the trend of corporate M&A research under the coordination theory.