以下是引用kaijen在2007-9-6 13:45:00的发言：Q11 According to the passage, during the 1970’s and 1980’s bidding firms differed from the firms for which they bid in that bidding firms - tended to be more profitable before a merger than after a merger
B. were more often concerned about the impact of acquisitions on national economies C. were run by managers whose actions were modeled on those of other managers D. anticipated greater economic advantages from prospective mergers E. experienced less of an increase in stock value when a prospective merger was announce 11题為什麼不是A呀？ 我覺得A符合原則一
One study showed, for example, that acquiring firms were on average unable to
maintain acquired frims' pre-merger levels of profitability 有3个study 第一个that acquir- ing firms were on average unable to maintain acquired firms’ pre-merger levels of profitability.是对被合并的公司不利（主持合并公司不能维持被合并公司原来的利润） 第二个 A second study (10) concluded that post-acquisition gains to most acquiring firms were not ade- quate to cover the premiums paid to obtain acquired firms. 是对主持合并公司不利，他们不能把钱赚回来 第三个 A third demonstrated that, following the (15) announcement of a prospective merger, the stock of the prospective acquiring firm tends to increase in value much less than does that of the firm for which it bids. 对支持合并公司不利，他们的股票还没有被合并公司的高 所以比较利润的话，两者是比不出来的；而单单比较股票就能比较出来
A third
demonstrated that, following the (15) announcement of a prospective merger, the stock of the prospective acquiring firm tends to increase in value much less than does that of the firm for which it bids. 对支持合并公司不利，他们的股票还没有被合并公司的高 所以比较利润的话，两者是比不出来的；而单单比较股票就能比较出来
[此贴子已经被作者于2007-10-13 15:24:07编辑过] | 
京公网安备11010202008513号 京ICP证101109号 京ICP备12012021号
发表于 2007-10-13 15:21:00
