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The sad fact is that most major acquisitions display an egregious imbalance: They are a bonanza for the shareholders of the acquiree; they increase the income and status of the acquirer's management; and they are a honey pot for the investment bankers and other professionals on both sides. But, alas, they usually reduce the wealth of the acquirer's shareholders, often to a substantial extent. That happens because the acquirer typically gives up more intrinsic value than it receives. Do that enough, says John Medlin, the retired head of Wachovia Corp., and you are running a chain letter in reverse.

很遗憾的是，大部分的购并交易案都充满了不公平性，对于被购并方来说，算是得到解脱，购并一方的管理阶层则名利双收，旁边的投资银行家与专业顾问也都能跟着大捞一笔，只不过真正受害的却是购并方背后全体的股东，他们损失惨重，原因在于购并公司最后所得到的实质价值通常远比得到的低，就像是Wachovia公司已退休的领导人John Medlin说，这种事做太多，就好象是在倒写连锁信一样。

At the end of his career in politics, he retired and wrote his memoirs .

他的从政生涯一结束便隐退写起了自己的回忆录。

Now, he was in love with a girl called Laura Merton, who was the daughter of a retired Colonel.

如今，他正在和一位名叫劳拉？莫顿的姑娘谈恋爱，她是一位退伍的陆军上校的女儿。

Dwyane Wade's number gets retired on Saturday, and his Miami Heat play the Bucks Saturday night.

韦德的数量得到退休周六，和他的迈阿密热火队发挥雄鹿周六夜。

Early in August, 1224, Francis retired with three companions to "that rugged rock 'twixt Tiber and Arno", as Dante called La Verna, there to keep a forty days fast in preparation for Michaelmas.

早在8月， 1224年，弗朗西斯退休与三个同伴，以"坚固的岩石' twixt伯和阿诺"，但丁所谓的香格里拉verna ，有保持四十天快速在准备

Asked for the secret of their enduring union, Frank Milford, 98, a retired dock worker, said: We don't always see eye to eye and we do have a small argument every day.

当谈及维系婚姻的秘诀时，98岁的退休码头工弗兰克说：我们的意见并不总是一致，几乎每天都要小吵一下。

She took it and retired with her immense loot as a respectable millionairess.

她接受了，带着掠夺来的巨额财富退休，成为体面的富婆。

Be Mirza is an American, fifty-nine years old and retired.

是一名59岁的美国人，已经退休了。

Be Mirza is an American, fifty-nine year old, and retired.

be Mirza是一个59岁退休的美国人。

Abe Mirza is an American, fifty-nine years old and retired. He was trained as an accountant.

Abe是一个59岁的退休美国人，他被培训为一个会计人员。

It has been put forward that there exists single Ball point and double Ball points on the symmetrical connecting-rod curves of equilateral mechanisms.

从鲍尔点的形成原理出发，分析对称连杆曲线上鲍尔点的产生条件，提出等边机构的对称连杆曲线上有单鲍尔点和双鲍尔点。

The factory affiliated to the Group primarily manufactures multiple-purpose pincers, baking kits, knives, scissors, kitchenware, gardening tools and beauty care kits as well as other hardware tools, the annual production value of which reaches US$ 30 million dollars.

集团所属工厂主要生产多用钳、烤具、刀具、剪刀、厨具、花园工具、美容套等五金产品，年生产总值3000万美元，产品价廉物美、选料上乘、质量保证，深受国内外客户的青睐