Research on Enterprise's Transnational Merger and Acquisition Risks under Asymmetric Information

March 18th, 2009, Ministry of Commerce officially announced that they overruled the transnational merger and acquisition between Coca-Cola and Huiyuan. In this article, I believe that the main source of M&A risk is the information asymmetry, so we will combine the case Coca-Cola and Huiyuan's transnational merger and acquisition, and explore the risks under asymmetric information. The paper focuses on the pricing risk of asymmetric information and introduces the signaling game theory. At the end, some preventive measures are given.