The Case Studies On The Merger And Acquisition Between Founder Securities And Minzu Securities

With the development of China’s capital market, Mergers and acquisitions have become a very common economic behavior. Mergers and acquisitions have become a way which is more important than ever to expand the company strength or increase competitive advantage. In China, mergers and acquisitions has become means in which companies and governments pay attention and practice as an effective way to achieve expansion and go out of trouble.Ensuring the rapid and healthy development of China’s securities market is very important to China’s economic development. The competition of securities industry in our country is becoming more and more intense. To be the winner, major brokerage firms urgently need to improve their comprehensive strength. Quality brokerage try to find opportunities of mergers and acquisitions with weak regional or local brokerage, to expand the scale of capital and business, increase business outlets and improve comprehensive competitiveness. Mergers and acquisitions has become one of main ways to improve our comprehensive brokerage overall strength.This paper is about case studies of Founder Securities merge Minzu Securities. This paper firstly introduced background and purpose, reviewed relevant literature and proposed research contents. It described the synergy theory, studied on synergistic effect, valuation and merger and acquisition integration risk. Then it analyzed the development trend of China’s securities industry. After that it introduced Founder Security’s background and development strategy and Minzu Security’s background and development strategy. Based on these analysis, this paper described Founder Securities merger synergies of Minzu Security. Founder Securities and Minzu Securities have their own advantages on brokerage business, investment banking, asset management and other fields. After the merger of two securities, this will improve efficiency. This paper used empirical and data analysis. It also introduced and analyzed valuation method of Founder Securities merger synergies of Minzu Security. Finally, after merge, the Actual integration is not Smooth. This draw lots of attention. This article explained and analyzed the integration problem and offered proposals.