Analysis Of Merger And Acquisition Based On The Case Of Oubite And Boyaxinxi

The National Equities Exchange and Quotations(Neeq)asan important component of the multi-level capital market in China,achieved great development in recent years,listed companies have more than ten thousand today.But with the enlargement of the market,many problems also gradually revealed,such as market liquidity is poor,and inadequate financing function,Mergers and acquisitions(M&A)become institutional investors and shareholders' exit channel,therefore the new Neeq "M&A tide" arises at the historic moment.Starting in 2015,listed companies poured into the Neeq to M&A,and the Neeqmarket gradually become a targets "talent pool".This article under the background of Neeq M&A tide in 2016,studyed thelisted companies merger and acquisition Neeq's companies' present situation and future trend.There select a representative case of listed company oobite M&A boyaxinxi to analyzed.This article briefly introduce the basic situation of M&A both side,the process of trading and the motivation of M&A.The oubite launched this M&A most because of changes in the global industry layout,target industry policy guidance,and to inject high quality assets to the company and extend industrial chains.Thispaper also analyzes the problems existing in the case,and gives the corresponding countermeasures to solve the problem or solution.There existed many problem,such as the Neeqcompany delisted,valuations,cash to price ratio and M&A failed to play a positive effect.Article detailed analysis of M&A effect,eventually found that mergers and acquisitions activity without a significant positive effect for the oubite.The article will detail how to solve these problem,and get out some enlightenments.In order to ensure the success of M&A,it should specify the design of the acquisition plan is the key of the success of mergers and acquisitions,valuation is the core partof the target company,qualification of the company is the foundation of the merger and acquisition activity,and after the merger integration is crucial.