随着我国经济体制改革的深入开展,企业兼并已经引起人们的注意。本文将综述美国企业实施兼并中的一些问题,试图从中取得有益的借鉴和启示。“双向”和“单向”兼并人们通常认为在资本主义社会中的企业兼并是大鱼吃小鱼,这种情况无疑是存在的,但不能一概而论。出自双方自身的利益,成功地实现兼并的不在少数,原因是兼并后可以使资源更有效地利用并提高效率,从而使兼并后的总效益大于原来企业效益的简单的相加。由于兼并通常可期望增加盈利,从而提高其股票的价格,这对双方的所有者来说都是有吸引力的。从美国的情况看,兼并利益对兼并者来 With the in-depth development of China’s economic system, mergers and acquisitions have attracted attention. This article will review some issues in the implementation of mergers and acquisitions in U.S. companies and try to obtain useful lessons and inspiration from them. “Two-way” and “one-way” mergers People generally think that mergers in capitalist society are big fish and eat fish. This situation is undoubtedly exist, but it cannot be generalized. From the mutual interests of both parties, there are not a few successful mergers. The reason is that after mergers, resources can be used more efficiently and efficiency can be increased, so that the total benefit after merger is greater than the simple addition of the original enterprise benefits. Since mergers can often be expected to increase profits, thereby increasing the price of their stocks, this is attractive to both owners. From the perspective of the United States, merger interests come to the merger