對(duì)原水吸收合并凌橋的換股比例估算的思考
1.2萬(wàn)字 13頁(yè)



論文摘要
一、 換股比例估算方法的選擇
二、 換股比例的估算
1、 模型的選擇
2、 確定模型參數(shù)的比例關(guān)系
2、 確定換股比例
三、 上市公司間吸收合并的流通股比價(jià)問(wèn)題
1、 國(guó)有股減持配售
2、 發(fā)行認(rèn)股權(quán)證
參考文獻(xiàn)




論文摘要

本文以估算原水股份吸收合并凌橋股份的換股比率為例，說(shuō)明上市公司間換股比例必須以內(nèi)在價(jià)值作為交易標(biāo)準(zhǔn)，并在估價(jià)過(guò)程中體現(xiàn)了對(duì)換股比例估算的特殊估價(jià)理念：只須確定雙方的相對(duì)價(jià)值而不必估計(jì)絕對(duì)價(jià)值，最后針對(duì)上市公司間換股合并出現(xiàn)的流通股和非流通股價(jià)值比較標(biāo)準(zhǔn)不一致的新問(wèn)題提出兩種解決方案。

[關(guān)鍵詞] 吸收合并、相對(duì)價(jià)值、流通股和非流通股




Abstract

With the particular absorption merger case, the article mainly illustrates share exchange rate calculation as follows:
First, It deals with the point that internal values of listing shares should be set as the criteria for share exchange rate; Second, the special idea is believed that such exchange rates can be reached by calculating relevant value of stock shares other than absolute value of a single share; Third, the author brings up two eligible plans for situations when tradable and non-tradable shares have different criterias during the merger case.

Key Words：Absorption merger, relevant value, tradable shares, non-tradable shares