回顾步入新世纪以来的最初10年,很多公司通过将兼并购作为创造竞争优势的一种武器而实现了出色的股东回报,这一点是显而易见的。高管们必须对此保持理智并全身心投入其中。不过,对于掌握可复制型兼并购模式的公司,它们所获得的回报更是极为丰厚。2007年4月堪称是兼并购的深水线。就在这个月,全球范围内各家公司公布的兼并购交易总额合计超过5000亿美元—创历史最高记录。也是在这一年,全球 As we look back at the first decade since entering the new century, it is clear that many companies have achieved excellent shareholder returns by using mergers and acquisitions as a weapon for creating competitive advantage. Executives must be rational and devote themselves to it. However, for companies that have a copy-and-buy merger model, they’re getting a lot more rewards. April 2007 is a deep-water merger and acquisition. Just this month, the total amount of mergers and acquisitions announced by various companies worldwide totaled more than 500 billion U.S. dollars - the highest record in history. Also in this year, the world