一眨眼工夫，一位买家又会通过一笔免税的换股交易收购这家新公司。
A nanosecond later, a buyer would acquire the new corporation in a tax-free stock-for-stock deal.
不过，中国联通今年将通过换股方式收购中国网通。
However, China Unicom is due to acquire China Netcom this year in an all-share transaction.
换股合并：以证券而非现金为交易对价的要约收购。
Exchange Offers: Tender offer where the consideration is securities rather than cash.
换股合并：以证券而非现金为交易对价的要约收购。
Exchange Offers: Tender offer where the consideration is securities rather than cash.
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