求翻译：并购的实质是在企业控制权运动过程中，各权利主体依据企业产权作出的制度安排而进行的一种权利让渡行为。并购活动是在一定的财产权利制度和企业制度条件下进行的，在并购过程中，某一或某一部分权利主体通过出让所拥有的对企业的控制权而获得相应的受益，另一个部分权利主体则通过付出一定代价而获取这部分控制权。企业并购的过程实质上是企业权利主体不断变换的过程。是什么意思？

The essence of mergers and acquisitions is the institutional arrangements of corporate control over the movement process, the right main basis for enterprise property rights make a right of alienation behavior. M & A activity is, in the acquisition process, one or a part of the subject of rights

It is of the essence and the right to exercise control of the business process, the subject of rights based on their property rights to the institutional arrangements of a right to act. And in a certain activity is the property rights system and enterprise system conditions, and in the process, one

The merger and acquisition essence is in the enterprise domination rate process, one right transfer behavior which based on the enterprise property right various subject of object which makes the system arrangement carries on.The merger and acquisition activity is carries on in certain property righ

Process of mergers and acquisitions is the essence of the right to control movement, made by rights-holders based on Enterprise property right system arrangement of a right of alienation Act. Merger and acquisition activity is under the condition of certain property rights systems and enterprise sys

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