The third solution is for the acquirer to go ahead with the acquisition, but then subsequently repurchase a quantity of shares equal to the number issued in the merger. In this manner, what originally was a stock-for-stock merger can be converted, effectively, into a cash-for-stock acquisition. Repurchases of this kind are damage-repair moves. Regular readers will correctly guess that we much prefer repurchases that directly enhance the wealth of owners instead of repurchases that merely repair previous damage. Scoring touchdowns is more exhilarating than recovering one`s fumbles. But, when a fumble has occurred, recovery is important and we heartily recommend damage-repair repurchases that turn a bad stock deal into a fair cash deal.
第三种方法是购并者照样进行交易，接着再从市场买回因购并所发行的股份，如此一来，原本以股换股的交易便转变为以现金换股的交易，买回股份本身是一种修补损害的动作，正常的读者应该能正确的猜到我们宁愿以买回自家股份的方式直接增进原有股东权益，而不只是修补原先的损害，得分的达阵会比弥补失误更令人雀跃，但当失误真的发生了，亡羊补牢还是很重要的，我们衷心建议大家应该以买回自家股份这类弥补错误动作，将一项不好的以股换股交易变为合理的现金换股交易。
Prospects of an imminent deal fueled a sharp rebound on the Athens Stock Exchange and helped the 16-nation euro climb out of a one year low against the U. S.
一个迫在眉睫的交易前景刺激了对雅典证券交易所大幅反弹，并帮助16国欧元走出一个兑美元一年新低。
In my experience, one of two things happen topoint, the company loses the customer or the customer renegotiates the deal –either of which is devastating to the company and its stock.
这表明公司失去了另外的消费者或者消费者重新和公司进行交易，两者都会损害公司的利益，以及公司的市值。
But from its nearly one year clinch a deal in light of volume level, this have 1000 only everyday of late many clinch a deal quantity, before 2 many months, clinch a deal everyday the quantity has hundreds of only even, think the large family that sell cannot cash in great quantities, medicinal powder door most can not afford such stock, baikexier is immersed in fluidity predicament it seems that.
但从其近一年的成交量水平来看，该股近来每天只有1000多股的成交量，2个多月前，每天成交量甚至只有几百股，想卖的大户无法大量兑现，散户则多数买不起这样的股票，伯克希尔似乎陷入流动性困局。
After increasing capital and going through statutory formalities in accordance with the Regulation and the Detailed Rules, your Shenzhen Branch may, under Article 35 of the Detailed Rules, deal in providing foreign exchange business services to various clients under the following scope: providing RMB business services to foreign-funded enterprises, China-based foreign institutions, mainland-based representative offices of the enterprises set up by people from Hong Kong, Macao and Taiwan, and to aliens, compatriots from Hong Kong, Macao and Taiwan, and non-foreign-funded enterprises, pooling public deposits, granting short-term, medium-term and long-term loans, transacting acceptance and discount of negotiable instruments, buying and selling government bonds and financial bonds, buying and selling non-stock negotiable instruments denominated in a foreign currency, providing services on letter of credit and guaranties, transacting domestic and overseas settlements, buying and selling foreign currencies, buying and selling foreign currencies for itself or on a commissioned basis, converting foreign currencies, inter-bank funding, bank card business, safety-deposit box, providing credit-standing investigation and consultation services, as well as other business activities upon the approval of China Banking Regulatory Commission.
你行深圳分行在按照《条例》和《实施细则》规定完成增资及有关法定手续后，根据《实施细则》第三十五条规定，在下列范围内经营对各类客户的外汇业务，对外商投资企业、外国驻华机构、香港、澳门、台湾在内地代表机构、外国人及香港、澳门、台湾同胞和非外商投资企业的人民币业务：吸收公众存款；发放短期、中期和长期贷款；办理票据承兑与贴现；买卖政府债券，金融债券，买卖股票以外的其他外币有价证券；提供信用证服务及担保、办理国内外结算；买卖、代理买卖外汇；从事外币兑换；从事同业拆借；从事银行卡业务；提供保管箱服务；提供资信调查和咨询服务；经中国银行业监督管理委员会批准的其他业务。
For most of Wall Street`s history, stock trading was fairly straightforward: buyers and sellers gathered on exchange floors and dickered until they struck a deal.
很久以来，在华尔街的历史上，股票交易师相对公平和简单的在：买家和卖家在交易地点进行商谈，直到一笔交易达成。
Thus, mergers and acquisitions are easier to do because stock can be issued as part of the deal.
这样，由于股票的参与资金的整合与获得变得更加容易。
Subsequent sales of common stock or convertible issues, either to complete the financing for a deal or to restore balance sheet strength, must be fully counted in evaluating the fundamental mathematics of the original acquisition. If corporate pregnancy is going to be the consequence of corporate mating, the time to face that fact is before the moment of ecstasy.
而后续补救的动作，不论是出售普通股或发行可转债以取得交易所需资金或恢复原本财务实力，都必须仔细计算以评估原本这项购并案所产生的影响，(若企业怀胎是企业结合的必然结果，那么在享乐之前便必须考虑可能产生的后果)。
Under terms of the deal, Schering-Plough will make an upfront payment of $60 million and buy $12 million of Noacea stock at $8.05 a share. That last part of Schering-Plough`s inestment paid off immediately – on paper at least.
根据协议，先灵保雅将预先支付6千万美元并以每股8.05美元的价格购买一千二百万的Noacea股票，紧接着先灵保雅要支付最后一部分资金。
The deals, valued collectively at more than $75B will be a combined cash and stock swap deal.
此项交易总价值将超过750亿美元，其中包括现金及股票交易。
BP, the world`s third largest publicly traded oil company, is buying Veba Oil`s production and petrol retailing business from the energy company, E. on. The cash and stock swap deal, worth about five and a half billion dollars, will make British-based BP Germany`s largest petrol retailer.
世界上最大的上市石油公司英国石油公司将从能源公司E.on手上购买它的Veba Oil生产和汽油零售业务，通过这项价值约五十五亿美元的现金与股权的交换买卖，总部在英国的英国石油公司将成为德国最大的汽油零售商。
BP, the world's third largest publicly traded oil company, is buying Veba Oil's production and petrol retailing business from the energy company, E. on. The cash and stock swap deal, worth about five and a half billion dollars, will make British-based BP Germany's largest petrol retailer.
辛克莱。世界上最大的上市石油公司英国石油公司将从能源公司E.on手上购买它的Veba Oil生产和汽油零售业务，通过这项价值约五十五亿美元的现金与股权的交换买卖，总部在英国的英国石油公司将成为德国最大的汽油零售商。
He was being offered its stock and did not know whether it was a good deal.
他可以拥有这家公司的股票，但他不知道是不是划算。
The data that Chinese card inspect can publish shows, 2008 annual, day of share of Shanghai late stock market all clinchs a deal amount is one hundred and eight billion five hundred and eighty-two million yuan, reduce before comparing one year 42.95%, clinch a deal the commission income of the forehead that reduces to allow certificate trade not only is reduced directly, also affected bourse forthrightly at the same time trade fee income.
中国证监会公布的数据显示，2008年全年，沪深股市股票日均成交金额为1085.82亿元，比前一年降低42.95%，成交额的减少不仅让券商的佣金收入直接降低，同时也直接地影响到了交易所的交易费收入。
Arbitrage involving risk; as in the simultaneous purchase of stock in a target company and sale of stock in its potential acquirer; if the takeover fails the arbitrageur may lose a great deal of money.
有危险的套汇；在目标公司同时购买股票并在它可能获利时抛出；如果套汇失败可能会损失大量的钱。注意，注意力集中
Some analysts previously raised concern about a deal with Chinalco, saying that Rio Tinto risks upsetting its loyal investor base by seeking investments from China instead of offering shares to all investors, especially after Rio Tinto's stock fell 62 percent over the past 12 months
一些分析员以前提高对与，说力拓冒险通过从中国那儿寻找投资让它的忠诚投资群感到不安的中国铝业的协议的关注而不是给所有投资者提供股份，尤其是在力拓股票在过去的12月中下跌百分之62之后。
In accordance with the January-August between the size of the non-adoption of a big deal by reducing the market value of the stock weighted basis, here the size of the reduction of non-stock average in 2007 to 93.8 times earnings, according to the Center Daily News in 2008 for the calculation of 129.74 times in 2007 Shi Jinglv an average of 9.49 times, according to the Center Daily News in 2008 calculated at 10.09 times higher than the same period the level of the market.
按照1月通过减少对股市加权基础上的市场价值之间的大小非交易的一大通过的8月，这里的非规模减少股票在2007年的平均93.8倍的市盈率，根据每日新闻中心为2008年计算，2007年施Jinglv的9.49倍，在2008年根据该中心每日新闻10.09倍计算，高于同期市场平均水平129.74倍。
Under the assumption that the expected rate μS(t, volatilityσS(t are functions of risk asset S, and stock pricing process respectively driven by a general O-U process and an exponential of a Levy process, we obtain the accurate pricing formulas and put-call parity of European option. In the end, assume that riskless rate is given, we deal with pricing formulas of European option on foreign currency and apply the approach to the pricing of the convertible bond.
利用保险精算方法给出了股票价格遵循广义0一U过程模型的欧式期权的精确定价公式和买权与卖权之间的平价关系以及股票价格过程遵循指数Levy过程的定价模型，最后推导出利率确定情形下外汇期权的定价公式，并且给出了保险精算方法在可转换债券定价中的应用。
We'd rather to reduce the price than stock a great deal of goods.
我们宁肯降低价格，也不愿积压大量的货物。
He also tells Rose he is willing to put a collar of the stock portion of the deal and would recommend 50-for-1 stock split for Berkshire's class B shares so that Burlington investors could obtain more Berkshire common stock instead of cash for fractional shares.
他还告诉罗斯，他愿意对这项交易的股票部分进行处理，会建议对伯克希尔哈撒韦的B股进行1：50的分拆，这样Burlington的投资者就能获得更多伯克希尔哈撒韦的普通股，而不必用现金购买很少一点股票。