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日前,美国第一大无线运营商Verizon以44亿美元(溢价17%)并购了AOL。其实AOL能够撑到今天而被溢价收购,对于其而言应该算是最好的结局。这也是为何其宣布被并购后,股价大涨的原因。所以并购的焦点就集中在并购方Verizon的身上。即Verizon通过并购的得与失。先来看看失。所谓并购中的失,最主要的还是并购的价格,尤其是与对手的并购相比。众所周知,在美国通信市场,AT&T是Verizon最大的对手,去年其以485亿美元的价格并购了美国第一大卫星电视运营商DirecTV。
Recently, Verizon, the largest wireless operator in the United States, acquired AOL for $ 4.4 billion (a premium of 17%). In fact, AOL can hold to the premium acquisition today, for its part should be regarded as the best outcome. This is why the stock price soared when it announced its acquisition. So the focus of mergers and acquisitions on the acquisition side Verizon who. Verizon acquired and lost through the merger. First look lost. The so-called mergers and acquisitions in the loss, the most important thing is the price of mergers and acquisitions, especially compared with the rival’s mergers and acquisitions. As we all know, in the U.S. communications market, AT & T is Verizon’s largest rival, and last year it acquired DirecTV, the nation’s largest satellite television operator, for $ 48.5 billion.