摘要
本文从兼并溢价分配的角度,结合不同支付方式的约束条件,分析了在现金、换股、以及现金加换股混合支付条件下的兼并定价问题,得出了不同支付方式条件下兼并定价的一般模型。
From the standpoint of division of merger premium, we analyze the pricing problem of mergers with different medium of exchange, and develop three models of merger pricing with cash, stock and cash plus stock, which can be combined into one general model.We also apply the model to the discussion of corporate control and price negotiation in mergers with two examples.
出处
《管理工程学报》
CSSCI
1999年第1期41-42,46+4,共4页
Journal of Industrial Engineering and Engineering Management
基金
国务院发展研究中心国际技术经济研究所上海分所博士导师专项基金
关键词
兼并
溢价
支付方式
mergers
premium
medium of exchange