2. If the company is poorly managed or well managed, it may be acquired by other companies.
3. Some acquisitions can continue to be listed, but if they are wholly-owned, their listing status will be revoked. For example, China Merchants Bank's acquisition of Wing Lung Bank in Hong Kong is wholly owned.
4. Due to the implementation of the acquisition plan, the quotation needs to be higher than the market price, otherwise the acquisition cannot be completed. In this case, it is good news for the acquired company, and the stock price will rise sharply. But for the acquired company, it means paying a great price, and the gains from the acquisition may not be immediately reflected. Therefore, the share price of the acquirer usually falls. For example, when Microsoft wants to buy Yahoo, that's it. The rise of Yahoo and the decline of Microsoft.