Mergers and acquisitions were studi

Mergers and acquisitions were studied from many different angles. M&A can be considered in the angles that terms of business strategy through market expansion or restriction of competition. M & A can also be considered as business methods, restructuring enterprises by capital withdrawal (resale one part or the whole company) or expand (by acquisition or merger) with another company. Mergers and acquisitions (M&A) is the area of corporate finance, management and strategy dealing with purchasing and/or joining with other companies. Because the companies involved are typically of similar size and stature, the term "merger of equals" is sometimes used. And a merger or an acquisition usually starts out with a series of informal discussions between the boards of the companies, followed by formal negotiation, a letter of intent , due diligence , a purchase or merger agreement, and finally, the execution of the deal and the transfer of payment.
Although mergers and acquisitions are often used and mentioned together as though they were synonymous, but they still have differences in terms of the substance. Merger is usually applied to the transaction in which the two companies have equal size, proceed to enter into a new company. And Acquisition occurs in the case of a company acquired on part or a whole of other company. Maybe on the form, merger of two companies of the same size, but in fact it not exists. Because it will always have a larger company on behind invest the acquisition. There are many reasons for businesses to participate in M&A as penetration into new markets, reduce the cost of market entry, reduce costs and improve efficiency of produce and diversification of products, diversification of markets. In the world has made the case M&A famous in sectors such as banking, technology and cars. And M&A has impacts that can changes to performance of the company and market.
M&A bring benefit for all parties participant. It not only helps businesses reduce investment costs, get rid of the risk of bankruptcy, but also help create advantages and potential to grow in the market after M&A. Not only that, the M&A attract more capital investment and establish partnerships with customers, buyers to help increase the value of the business in a sustainable way. For investors, M&A is an effective way to enter into the market quickly without losing much time to search for a project or wait administrative procedures. M&A can also create new business, new market development. Some typical examples are two banking giants, ABN Amro of the Netherlands and the UK's Barclays PLC. These two giants have formally merged together with the value of more than $ 91 billion. This is considered the largest merger ever in the history of the European banking sector in particular and in the financial industry in general globally. At banking sector in the US, with ambition to lead of domestic banking industry is motivation of America, in 1988, Bank of America acquired Merrill Lynch for $ 50 billion. The merger gave birth to powerful financial corporations in the world. Accordingly, Bank of America became the largest commercial bank in the United States calculated on the amount of deposits and market capitalization, and is a member bank owned by the US deposit insurance (FDIC). Through this, Bank of America collected 90% of the profits from the US domestic market. The objective of the bank is always at the head of the US banking sector and domestic banks have get to do that through a series of acquisitions including the acquisition of ABN Amro bank branches in North America and set Lasalle bank financial Group with a value of US $ 21 billion acquisition of credit card giant MBNA for $ 35 billion.
Mergers and acquisitions bring a number of changes within the organization. The size of the organizations change, its stocks, shares and assets also change, even the ownership may also change due to the mergers and acquisitions. The mergers and acquisitions play a major role on the activities of the organizations.
I thing the first impact is Management. The percentage of job loss may be higher in the management level than the general employees. The reason behind this is the corporate culture clash. Due to change in corporate culture of the organization. Under the new set up the manager may be asked to implement such policies or strategies, which may not be quite approved by him. It involves high level of stress.
Impact of mergers and acquisitions also include some economic impact on the shareholders. We can further categorize the shareholders into two parts: the shareholders of the acquiring firm and the shareholders of the target firm. With the shareholders of the acquired firm, they benefit the most. Because the shareholders of the acquired company get highly benefited from the acquisition as the acquiring company pays a hefty amount for the acquisition. On the other hand, the shareholders of the acquiring company suffer some losses after the acquisition due to the acquisition premium and augmented debt load. With shareholders of the acquiring firm, they are the most affected. If we measure the benefits enjoyed by the shareholders of the acquired company in degrees, the degree to which they were benefited, by the same degree, these shareholders are harmed. This can be attributed to debt load, which accompanies an acquisition.
Special, mergers and acquisitions may have great economic impact on the employees of the organization. In fact, mergers and acquisitions could be pretty difficult for the employees as there could always be the possibility of layoffs after any merger or acquisition. Of the merged company is pretty sufficient in terms of business capabilities, it doesn't need the same amount of employees that it previously had to do the same amount of business. As a result, layoffs are quite inevitable. Besides, those who are working, would also see some changes in the corporate culture. Due to the changes in the operating environment and business procedures, employees may also suffer from emotional and physical problems.

Kết quả (Việt) 1:

Vụ sáp nhập và mua lại đã được nghiên cứu từ nhiều góc độ khác nhau. M & A có thể được xem xét trong các góc đó về chiến lược kinh doanh thông qua việc mở rộng thị trường hoặc hạn chế cạnh tranh M & A cũng có thể được xem xét như là phương pháp kinh doanh, cơ cấu lại các doanh nghiệp bằng cách thu hồi vốn (bán lại một phần hoặc toàn bộ công ty) hoặc mở rộng (bằng cách mua lại hoặc sáp nhập) với một công ty khác. Vụ sáp nhập và mua lại (M & A) là khu vực tài chính doanh nghiệp, quản lý và chiến lược đối phó với mua và/hoặc tham gia với các công ty khác. Bởi vì các công ty liên quan thường tương tự như kích thước và tầm cỡ, thuật ngữ "sáp nhập bằng" đôi khi được sử dụng. Và sáp nhập hoặc mua lại một thường bắt đầu ra với một loạt các cuộc thảo luận không chính thức giữa các ban công ty, theo sau bởi đàm phán chính thức, một thư mục đích, do siêng năng, một thỏa thuận mua hoặc sáp nhập, và cuối cùng, thực hiện các thỏa thuận và chuyển khoản thanh toán.Although mergers and acquisitions are often used and mentioned together as though they were synonymous, but they still have differences in terms of the substance. Merger is usually applied to the transaction in which the two companies have equal size, proceed to enter into a new company. And Acquisition occurs in the case of a company acquired on part or a whole of other company. Maybe on the form, merger of two companies of the same size, but in fact it not exists. Because it will always have a larger company on behind invest the acquisition. There are many reasons for businesses to participate in M&A as penetration into new markets, reduce the cost of market entry, reduce costs and improve efficiency of produce and diversification of products, diversification of markets. In the world has made the case M&A famous in sectors such as banking, technology and cars. And M&A has impacts that can changes to performance of the company and market.M&A bring benefit for all parties participant. It not only helps businesses reduce investment costs, get rid of the risk of bankruptcy, but also help create advantages and potential to grow in the market after M&A. Not only that, the M&A attract more capital investment and establish partnerships with customers, buyers to help increase the value of the business in a sustainable way. For investors, M&A is an effective way to enter into the market quickly without losing much time to search for a project or wait administrative procedures. M&A can also create new business, new market development. Some typical examples are two banking giants, ABN Amro of the Netherlands and the UK's Barclays PLC. These two giants have formally merged together with the value of more than $ 91 billion. This is considered the largest merger ever in the history of the European banking sector in particular and in the financial industry in general globally. At banking sector in the US, with ambition to lead of domestic banking industry is motivation of America, in 1988, Bank of America acquired Merrill Lynch for $ 50 billion. The merger gave birth to powerful financial corporations in the world. Accordingly, Bank of America became the largest commercial bank in the United States calculated on the amount of deposits and market capitalization, and is a member bank owned by the US deposit insurance (FDIC). Through this, Bank of America collected 90% of the profits from the US domestic market. The objective of the bank is always at the head of the US banking sector and domestic banks have get to do that through a series of acquisitions including the acquisition of ABN Amro bank branches in North America and set Lasalle bank financial Group with a value of US $ 21 billion acquisition of credit card giant MBNA for $ 35 billion.Mergers and acquisitions bring a number of changes within the organization. The size of the organizations change, its stocks, shares and assets also change, even the ownership may also change due to the mergers and acquisitions. The mergers and acquisitions play a major role on the activities of the organizations.I thing the first impact is Management. The percentage of job loss may be higher in the management level than the general employees. The reason behind this is the corporate culture clash. Due to change in corporate culture of the organization. Under the new set up the manager may be asked to implement such policies or strategies, which may not be quite approved by him. It involves high level of stress.Impact of mergers and acquisitions also include some economic impact on the shareholders. We can further categorize the shareholders into two parts: the shareholders of the acquiring firm and the shareholders of the target firm. With the shareholders of the acquired firm, they benefit the most. Because the shareholders of the acquired company get highly benefited from the acquisition as the acquiring company pays a hefty amount for the acquisition. On the other hand, the shareholders of the acquiring company suffer some losses after the acquisition due to the acquisition premium and augmented debt load. With shareholders of the acquiring firm, they are the most affected. If we measure the benefits enjoyed by the shareholders of the acquired company in degrees, the degree to which they were benefited, by the same degree, these shareholders are harmed. This can be attributed to debt load, which accompanies an acquisition.Special, mergers and acquisitions may have great economic impact on the employees of the organization. In fact, mergers and acquisitions could be pretty difficult for the employees as there could always be the possibility of layoffs after any merger or acquisition. Of the merged company is pretty sufficient in terms of business capabilities, it doesn't need the same amount of employees that it previously had to do the same amount of business. As a result, layoffs are quite inevitable. Besides, those who are working, would also see some changes in the corporate culture. Due to the changes in the operating environment and business procedures, employees may also suffer from emotional and physical problems.