The amount by which an offer price exceeds the target's market price before the deal was known.
溢价
| Move变动 | Where it appeared出现位置 | What it means这句话在说什么 |
|---|---|---|
| 23.9% | Why a chip designer paid $115 billion for a laser maker 溢价 · 第 5 张术语卡 | 23.9% over the 28 October close — the last price undisturbed by the rumour. Measured against Friday's close, the number would already be smaller. 溢价的基准日极其重要。用传闻泄露前的价格算,才是「买家为了让股东点头而额外付的钱」;用传闻之后的价格算,溢价会被市场预期吃掉一大半。读并购公告,先找它写的是哪一天的收盘价——这一个日期,往往决定了公告里那个百分数是 24% 还是 8%。 |