一、并购支付方式理论 （一）M M理论 Modigliani and Miller（1958）提出资本结构无关论（Irrelevance of Capital Structure）。
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Because of the unrealistic assumptions in MM irrelevance theory, research on capital structure gave birth to other theories.
那是因为不切实际的假设在无关紧要的理论中，资本结构研究催生了其他理论。
Since the birth of MM irrelevance theorem, the economic circles have been paying intensive attention to the theory of capital structure in enterprises.
自从MM不相关定理诞生以来，企业资本结构理论引起了经济学界的广泛关注。
Since the birth of MM irrelevance theory, the economic circles have been paying intensive attention to the theory of capital structure in enterprises.
自从MM不相关理论诞生以来，企业资本结构理论引起了经济学界的广泛关注。
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