协同效应(Synergy Effects)是指企业生产、营销、管理的不同环节、不同阶段、不同方面共同利用同一资源而产生的整体效应;或者是指并购后竞争力增强,导致净现金流量超过两家公司预期现金流量之和,又或合并后公司业绩比 Synergy Effects refers to the overall effect of different stages of production, marketing and management, different stages and different aspects of using the same resource together. Or refers to the increased competitiveness after M & A, resulting in a net cash flow exceeding two companies The sum of expected cash flows, or the combined company performance ratio