mergers英文解释

Mergers(企业合并) are always headline news. Some financial commentators even regard them as an indicator of the economic health of a nation. It is strange when you consider that most mergers fail. The deals themselves go through, and regardless of the high costs, the bankers get paid. But then the economies of scale don’t prove good as expected. Employees become nervous and less efficient as they worry about losing their jobs.Statistics show that over half of mergers fail to fulfill the expected strategic objective. Given all this, it is interesting to see a merger which is successful. And that is what seems to have happened when Promo and Truck Ads merged.Lendel started Promo in 1991, the same year Watson founded Truck Ads. Both companies did the same thing: they ran poster campaigns on trucks for major advertisers. It looked so easy and profitable that lots of small operators came into the business, which worried both of them because they felt that these new companies did not really know what they were doing. This, they felt, could have a negative effect on all companies in this sector. So Lendel and Watson formed a trade association to protect the reputation of their businesses.Once they had the market largely to themselves, Lendel and Watson competed in some situations and cooperated in others. Whenever one had more campaigns than they could handle, they would subcontract to the other. Finally, Lendel suggested that her company buy Truck Ads as Lendel and Watson had known and respected each other for years. They had many business values in common, so they knew they would lose business opportunities if they did not get bigger. In negotiations Lendel and Watson were not afraid to handle the problems that so many companies avoid. There was no nonsense about joint leadership or everything staying the same.Merging is never easy. ‘Once the merger had gone through, I was relieved that there had been no lay-offs,’ says Lendel. ‘I hadn’t realized, though, how much loyalty there was to the Truck Ads brand. This impressed me but also worried me as we had wiped away the brand overnight. So I brought in policies to make everyone feel part of the team and then I saw every employee individually to explain the advantages of the merger for them.’ 74. During negotiations, Lendel and Watson decided that_________________.A. the two of them could not work together.B. one person would be in charge of the new company.C. there would be no major changes in the new company.D. they would merge some small operators later. It is well-knowm that a lot of creative（创造性的） people were left-handed.Da Vinci,Picasso are a_____them.International Left-hander's Day was first declared（宣告） and celebrated on Friday,August 13,1976 by an o_____called Lefthanders International.They published a m______for left-handers and they sold left-handed products for more than twenty years b______going out of business（停业） a few years ago.The holiday is celebrated yearly on the 13th of August.But Left-Handers Day is not o_____a celebration for the left-handers,but also a day for left-handers to show their pride（骄傲） for those famous left-handers,i________of some of our greatest artists and athletes(运动员）. 比较简单拉~A busy doctor had a lot of patients and one was a rich lady. She was always coming to his hospital to see him, and spent hours in his waiting room every week. But when he sent her his bill, she did not remember to pay them. One day he met her on the street, and she said, "Please help me, doctor. I have got a terrible headache and it is making my shopping very difficult." "All right," the doctor said, "Close your eyes and count to one hundred. And do not forget to keep your eyes closed until I tell you to open them." The woman did this, and the doctor hurried away quickly. The woman never came to see him again, nor did she ever pay her bill. 40.There _______ among the doctor's patients. A. was only one rich lady B. were many rich ladies C. was only rich lady D. were a lot of ladies 41.The rich lady spent _______ time in the doctor's waiting room every week. A. a little B. a lot of C. no D. little 42.The doctor _______ his bills every week. A. sent her B. forgot to send C. paid her D. paid 43.The doctor told her _______. A. to close eyes for a moment B. to keep her eyes open C. to count to one hundred D. to close her eyes and keep them closed until he told her to open them Some futurologists have assumed that the vast upsurge(剧增)of women in the workforce may portend a rejection of marriage. Many women, according to this hypothesis, would rather work than marry. The converse(反面)of this concern is that the prospects of becoming a multi-paycheck household could encourage marriage. In the past, only the earnings and financial prospects of the man counted in the marriage decision. Now, however, the earning ability of a woman can make her more attractive as a marriage partner. Data show that economic downturns tend to postpone marriage because the parties cannot afford to establish a family or are concerned about rainy days ahead. As the economy rebounds, the number of marriages also rises. Coincident with the increase in women working outside the home is the increase in divorce rates. Yet, it may be wrong to jump to any simple cause-and-effect conclusions. The impact of a wife"s work on divorce is no less cloudy than its impact on marriage decisions. The realization that she can be a good provider may increase the chances that a working wife will choose divorce over an unsatisfactory marriage. But the reverse is equally plausible. Tensions grounded in financial problems often play a key role in ending a marriage. Given high unemployment, inflationary problems, and slow growth in real earnings, a working wife can increase household income and relieve some of these pressing financial burdens. By raising afamily"s standard of living, a working wife may strengthen her family"s financial and emotional stability. Psychological factors also should be considered. For example, a wife blocked from a career outside the home may feel caged in the house. She may view her only choice as seeking a divorce. On the other hand, if she can find fulfillment through work outside the home, work and marriage can go together to create a stronger and more stable union. Also, a major part of women"s inequality in marriage has been due to the fact that, in most cases, men have remained the main breadwinners. With higher earning capacity and status occupations outside of the home comes the capacity to exercise power within the family. A working wife may rob a husband of being the master of the house. Depending upon how the couple reacts to these new conditions, it could create a stronger equal partnership or it could create new insecurities. 文章解析：本文是一篇对比文，文章讨论了女性的外出工作对婚姻的两种相反的影响。首段前两句表明专家观点：工作女性的剧增可能预示着拒绝婚姻，后半段又提出转折，工作女性的剧增可能鼓励婚姻。第二段两种相反观点继续讨论女性的外出工作对婚姻影响。第三段支持两种相反观点的两种相反的心理因素。最后一段，随着工作女性的经济能力的提高，女性在家庭的地位上升可能导致两种相反结果。近年考试对比型的文章出现频繁，包括两种观点的议论文和两种事物的说明文，特点是平行论述，没有主次之分，作者不发表态度和结论，一般两种观点的开头可当作文章主旨。26. The word“portend”(Line 2, Para.1) is closest in meaning to“_____”.A) defy B) signal C) suffer from D) result from 词义题从文章第一句话大部分考生都不难理解portend是预示的意思。但是要知道正确选项B)signal也有显示的意思，需要背到字典上signal动词形式的第三个意思。要求考生不能局限于一词一义，而要熟练掌握大纲词汇的每一个解释。A) defy不服从,反抗C) suffer from忍受,遭受D) result from由……产生。27. It is said in the passage that when the economy slides,_____. A) men would choose working women as their marriage partners B) more women would get married to seek financial security C) even working women would worry about their marriages D) more people would prefer to remain single for the time being 细节题题干的the economy slides等于原文的economic downturns。定位在Data show that economic downturns tend to postpone marriage because the parties cannot afford to establish a family or are concerned about rainy days ahead.数据显示经济低迷时期人们倾向推迟婚姻，因为双方不能承担一个家庭或者担心更窘迫的日子。只有D)符合原文意思。A B C都是“无中生有”和“答非所问”。28. If women find fulfillment through work outside the home,_____. A) they are more likely to dominate their marriage partners B) their husbands are expected to do more housework C) their marriage ties can be strengthened D) they tend to put their career before marriage 细节题找到原文On the other hand, if she can find fulfillment through work outside the home, work and marriage can go together to create a stronger and more stable union.轻松选出答案C)。正确答案就把形容词stronger转化为动词strengthen。毫无难度。29. One reason why women with no career may seek a divorce is that_____. A) they feel that they have been robbed of their freedom B) they are afraid of being bossed around by their husbands C) they feel that their partners fail to live up to their expectations D) they tend to suspect their husbands?loyalty to their marriage 细节题文章顺序和题目顺序有颠倒。定位在28题之前a wife blocked from a career outside the home may feel caged in the house. She may view her only choice as seeking a divorce.考查内在逻辑的因果关系。一个妻子被阻止外出可能会感觉被关在房子里。所以她可能认为惟一的选择就是离婚。She may view her only choice as seeking a divorce.等于题干的women with no career may seek a divorce. A wife blocked from a career outside the home may feel caged in the house.相当于A) they feel that they have been robbed of their freedom.她们感到被剥夺了自由。30. Which of the following statements can best summarize the authors view in the passage? A) The stability of marriage and the divorce rate may reflect the economic situation of the country. B) Even when economically independent, most women have to struggle for real equality in marriage. C) In order to secure their marriage women should work outside the home and remain independent D) The impact of the growing female workforce on marriage varies from case to case. 主旨题因为这种平行的对比型文章作者不发表态度和结论，所以不可能有作者态度题只能理解为文章主旨题。A)婚姻的稳定性和离婚率会影响国家经济。文章只提及国家经济会影响婚姻。颠倒黑白，排除。B)即使经济独立，大多数女性不得不为婚姻中真正的平等而奋斗。文章从未提及，无中生有。C)为了保卫婚姻，女性应当外出工作保持独立。以偏盖全。只有D) The impact of the growing female workforce on marriage varies from case to case.女性的外出工作对婚姻的影响是一例与一例不一样的。只有D)才准确表达出文章的两种平行的相反观点。

要约收购 Tender offer 要约收购又称公开要约收购，指在证券交易所外，直接向一家股份公司（目标公司）的全体股东发出公开要约，在一定期间内以特定的价格收购他们所持有的该公司全部或部分股份，以获得在该公司中的控股地位。 英国的Take-over bid和美国的Tender offer属于要约收购。

merger and acquisition? 回答者：tcow - 魔法师 四级 5-27 19:14“企业并购”英语是（Enterprise's mergers and acquisitions） “企业并购”即（企业的合并和承购） “mergers”是合并 “acquisitions”是“承购” 企业并购-Enterprise's mergers and acquisitions，可以看看，这里面有相关应用：）~~

“并购” 就是大公司 "吞并兼购" 小公司, 大公司往往要付高出市价的价格进行并购。Acquisition 或 Purchase 都是的并购意思;merge 是合并的意思。从概念上讲, 就是两家在平等互利的基础上公司合二为一。

takeover by offer