Notice of RetractionCross-Border Merger and Acquisition: The Effect of Microeconomy and its Implementation Strategy

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

With the rapid growing of economic globalization, Cross-Border Merger and Acquisition is a new form of industrial organization. There are several causes and motives: the pursuit of scale economy, the expansion of market power, saving trading fee and reasonable reduction of tax and so on. A appropriate plan of Cross-Border Merger and Acquisition is a premise for Chinese enterprises to have a success merger and acquisition overseas. Under the circumstance of China´s industry policy, Cross-Border Merger and Acquisition in China should be guided by an appropriate development strategy of enterprises, depending on the cultivation and optimization of core competence and the competing edges of enterprise.