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1、FinancialcrisisandM&AResearch Abstract:Withthefinancialcrisissweepingtheworld,nationaleconomieshavesufferedvaryingdegreesofphysicalattack,someofthisisdifficultforenterprisestowithstandtheimpactofthediminutioninvalueoreventhevergeofcollapse,while
2、othershavetoseizethisopportunityforsomecompaniestolowerpricestheimplementationofthemergersandacquisitions,theindustrybegantoshuffle.Isanopportunityandachallengefacingtheimplementationofmergersandacquisitionsbusinessobjectivesofenterprisepropertyrightsarecl
3、ear,personnelplacementandrelatedlawsandregulationsonhowimperfectandsoon.So,inthisspecialenvironmentofthefinancialcrisis,corporatemergersandacquisitionsinthepastfacedwithdifferentproblems,howtosolvetheseproblemsintofocus. Keywords:financialcrisis;mer
4、gersandacquisitions;title In2008,theU.S.sub-primecrisistriggeredbythefinancialcrisissweepingtheworld,thecrisisontherealeconomytookabighit,alargenumberoffactoryclosures,unemployment,asharpdeclineinthepurchasingpowerofpeopleandotherissueshas
5、emerged.ThecrisisalsohadsomeimpactonChina,alargenumberofexport-orientedenterprisesfeelthecrisisasearlyastheadventofanti-riskabilitytoweakerenterprisesarefacedwithdifficulties.Whilesomeenterprisesinthefaceofacrisisatthesametimethatthechallengesinherentwitht
6、heopportunity,theybegantoappeartheplightofthediminutioninvalueoreventheforthcomingclosureofenterprisesmergersandacquisitions,startanewroundofindustryshuffling. Enterprisemergersandacquisitionsincash,securitiesorotherformstoachievethetargetcompanytob
7、uypartoralloftheassetsorequity,inordertoobtaincontroloftheenterpriseaneconomicactivity.Comparedwiththeinternalaccumulationofcapital,mergersandacquisitionsisoneofthemeanstherapidexpansionofbusinesstohelpcompanieseconomiesofscale,reducetransactioncosts,enhan
8、cecompetitivenessintheindustryandsoon.However,thecorporatemergerandacquisitionactivityisnotsoperfectintheory,inparticularthefinancialcrisisintheglobalenvironment,enterprisesintheacquisitionandintegrationproce