{"id":62414,"date":"2023-11-27T19:41:28","date_gmt":"2023-11-27T10:41:28","guid":{"rendered":"https:\/\/monolith.law\/ko\/?p=62414"},"modified":"2024-03-12T15:19:34","modified_gmt":"2024-03-12T06:19:34","slug":"ma-merit-demerit-procedure","status":"publish","type":"post","link":"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure","title":{"rendered":"\ud68c\uc0ac \ub9e4\uac01\uc5d0 \uc0ac\uc6a9\ub418\ub294 M&amp;A, \uadf8 \uc808\ucc28\uc640 \uc7a5\ub2e8\uc810\uc744 \uc124\uba85"},"content":{"rendered":"\n<p>\ubca4\ucc98 \uae30\uc5c5\uc5d0\uc11c\uc758 \ud22c\uc790 \ud68c\uc218 \ubc29\ubc95(\uc77c\ubc18\uc801\uc73c\ub85c EXIT\ub77c\uace0 \ubd88\ub9bd\ub2c8\ub2e4)\uc73c\ub85c\uc11c, \uc804\ud1b5\uc801\uc73c\ub85c \uc8fc\uc2dd \uacf5\uac1c(IPO)\uac00 \uc8fc\ub958\uc600\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub7ec\ub098, \ucd5c\uadfc\uc5d0\ub294 \ubc18\ub4dc\uc2dc \uc8fc\uc2dd \uacf5\uac1c\ub97c \ubaa9\ud45c\ub85c \ud558\uc9c0 \uc54a\uace0, \ube44\uc0c1\uc7a5 \uc0c1\ud0dc\uc5d0\uc11c M&amp;A\ub97c \ud1b5\ud574 \ud68c\uc0ac\ub97c \ub9e4\uac01\ud558\ub294 \uacbd\uc601\uc790\ub4e4\uc774 \ub298\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub798\uc11c, \ud68c\uc0ac \ub9e4\uac01\uc744 \uace0\ub824\ud558\uace0 \uc788\ub294 \uacbd\uc601\uc790\ub4e4\uc744 \uc704\ud574, M&amp;A\uc758 \uc7a5\ub2e8\uc810, M&amp;A\uc758 \uc9c4\ud589 \uacfc\uc815, \ubcc0\ud638\uc0ac\uc5d0\uac8c \uc758\ub8b0\ud574\uc57c \ud560 \uc808\ucc28 \ub4f1\uc5d0 \ub300\ud574 \uc790\uc138\ud788 \uc124\uba85\ud558\uaca0\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_53 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#M_A%EB%A5%BC_%ED%86%B5%ED%95%9C_%ED%9A%8C%EC%82%AC_%EB%A7%A4%EA%B0%81%EC%9D%B4%EB%9E%80\" title=\"M&amp;A\ub97c \ud1b5\ud55c \ud68c\uc0ac \ub9e4\uac01\uc774\ub780?\">M&amp;A\ub97c \ud1b5\ud55c \ud68c\uc0ac \ub9e4\uac01\uc774\ub780?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#M_A%EB%A5%BC_%ED%86%B5%ED%95%9C_%ED%9A%8C%EC%82%AC_%EB%A7%A4%EA%B0%81%EC%9D%98_%EC%9E%A5%EB%8B%A8%EC%A0%90\" title=\"M&amp;A\ub97c \ud1b5\ud55c \ud68c\uc0ac \ub9e4\uac01\uc758 \uc7a5\ub2e8\uc810\">M&amp;A\ub97c \ud1b5\ud55c \ud68c\uc0ac \ub9e4\uac01\uc758 \uc7a5\ub2e8\uc810<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#M_A%EB%A5%BC_%EC%9D%B4%EC%9A%A9%ED%95%98%EB%8A%94_%EC%9E%A5%EC%A0%90\" title=\"M&amp;A\ub97c \uc774\uc6a9\ud558\ub294 \uc7a5\uc810\">M&amp;A\ub97c \uc774\uc6a9\ud558\ub294 \uc7a5\uc810<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#%EC%A3%BC%EC%8B%9D%EA%B3%B5%EA%B0%9CIPO%EB%B3%B4%EB%8B%A4_%EB%B9%A0%EB%A5%B4%EA%B2%8C_%ED%88%AC%EC%9E%90_%ED%9A%8C%EC%88%98%EA%B0%80_%EA%B0%80%EB%8A%A5%ED%95%98%EB%8B%A4\" title=\"\uc8fc\uc2dd\uacf5\uac1c(IPO)\ubcf4\ub2e4 \ube60\ub974\uac8c \ud22c\uc790 \ud68c\uc218\uac00 \uac00\ub2a5\ud558\ub2e4\">\uc8fc\uc2dd\uacf5\uac1c(IPO)\ubcf4\ub2e4 \ube60\ub974\uac8c \ud22c\uc790 \ud68c\uc218\uac00 \uac00\ub2a5\ud558\ub2e4<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#%EC%B0%BD%EC%97%85%EC%9E%90%EA%B0%80_%EB%8B%A4%EB%A5%B8_%EC%82%AC%EC%97%85%EC%97%90_%EB%8F%84%EC%A0%84%ED%95%A0_%EC%88%98_%EC%9E%88%EB%8B%A4\" title=\"\ucc3d\uc5c5\uc790\uac00 \ub2e4\ub978 \uc0ac\uc5c5\uc5d0 \ub3c4\uc804\ud560 \uc218 \uc788\ub2e4\">\ucc3d\uc5c5\uc790\uac00 \ub2e4\ub978 \uc0ac\uc5c5\uc5d0 \ub3c4\uc804\ud560 \uc218 \uc788\ub2e4<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#M_A%EB%A5%BC_%EC%9D%B4%EC%9A%A9%ED%95%98%EB%8A%94_%EB%8B%A8%EC%A0%90\" title=\"M&amp;A\ub97c \uc774\uc6a9\ud558\ub294 \ub2e8\uc810\">M&amp;A\ub97c \uc774\uc6a9\ud558\ub294 \ub2e8\uc810<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#%EC%B0%BD%EC%97%85%EC%9E%90%EA%B0%80_%ED%9A%8C%EC%82%AC%EC%9D%98_%EC%A3%BC%EB%8F%84%EA%B6%8C%EC%9D%84_%EC%9E%A1%EC%9D%84_%EC%88%98_%EC%97%86%EA%B2%8C_%EB%90%98%EB%8A%94_%EC%9C%84%ED%97%98\" title=\"\ucc3d\uc5c5\uc790\uac00 \ud68c\uc0ac\uc758 \uc8fc\ub3c4\uad8c\uc744 \uc7a1\uc744 \uc218 \uc5c6\uac8c \ub418\ub294 \uc704\ud5d8\">\ucc3d\uc5c5\uc790\uac00 \ud68c\uc0ac\uc758 \uc8fc\ub3c4\uad8c\uc744 \uc7a1\uc744 \uc218 \uc5c6\uac8c \ub418\ub294 \uc704\ud5d8<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#%EA%B8%B0%EC%97%85_%EA%B0%80%EC%B9%98%EA%B0%80_%EB%82%AE%EA%B2%8C_%ED%8F%89%EA%B0%80%EB%90%A0_%EC%88%98%EB%8F%84_%EC%9E%88%EB%8B%A4\" title=\"\uae30\uc5c5 \uac00\uce58\uac00 \ub0ae\uac8c \ud3c9\uac00\ub420 \uc218\ub3c4 \uc788\ub2e4\">\uae30\uc5c5 \uac00\uce58\uac00 \ub0ae\uac8c \ud3c9\uac00\ub420 \uc218\ub3c4 \uc788\ub2e4<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#M_A%EB%A5%BC_%ED%86%B5%ED%95%9C_%ED%9A%8C%EC%82%AC_%EB%A7%A4%EA%B0%81_%EB%B0%A9%EB%B2%95\" title=\"M&amp;A\ub97c \ud1b5\ud55c \ud68c\uc0ac \ub9e4\uac01 \ubc29\ubc95\">M&amp;A\ub97c \ud1b5\ud55c \ud68c\uc0ac \ub9e4\uac01 \ubc29\ubc95<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#M_A%EC%97%90%EC%84%9C_%ED%95%84%EC%9A%94%ED%95%9C_%EA%B3%84%EC%95%BD_%EB%B0%8F_%EC%A0%88%EC%B0%A8\" title=\"M&amp;A\uc5d0\uc11c \ud544\uc694\ud55c \uacc4\uc57d \ubc0f \uc808\ucc28\">M&amp;A\uc5d0\uc11c \ud544\uc694\ud55c \uacc4\uc57d \ubc0f \uc808\ucc28<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#%EB%B9%84%EB%B0%80%EC%9C%A0%EC%A7%80_%EA%B3%84%EC%95%BD_%EC%B2%B4%EA%B2%B0\" title=\"\ube44\ubc00\uc720\uc9c0 \uacc4\uc57d \uccb4\uacb0\">\ube44\ubc00\uc720\uc9c0 \uacc4\uc57d \uccb4\uacb0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#%EA%B8%B0%EB%B3%B8_%ED%95%A9%EC%9D%98%EC%84%9C_%EC%B2%B4%EA%B2%B0\" title=\"\uae30\ubcf8 \ud569\uc758\uc11c \uccb4\uacb0\">\uae30\ubcf8 \ud569\uc758\uc11c \uccb4\uacb0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#%EB%93%80_%EB%8D%B8%EB%A6%AC%EC%A0%84%EC%8A%A4%EC%B5%9C%EC%A2%85_%EA%B3%84%EC%95%BD%EC%84%9C_%EC%B2%B4%EA%B2%B0\" title=\"\ub4c0 \ub378\ub9ac\uc804\uc2a4~\ucd5c\uc885 \uacc4\uc57d\uc11c \uccb4\uacb0\">\ub4c0 \ub378\ub9ac\uc804\uc2a4~\ucd5c\uc885 \uacc4\uc57d\uc11c \uccb4\uacb0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#%EB%B3%80%ED%98%B8%EC%82%AC%EA%B0%80_M_A%EC%97%90%EC%84%9C_%EC%99%9C_%ED%95%84%EC%9A%94%ED%95%9C%EA%B0%80\" title=\"\ubcc0\ud638\uc0ac\uac00 M&amp;A\uc5d0\uc11c \uc65c \ud544\uc694\ud55c\uac00\">\ubcc0\ud638\uc0ac\uac00 M&amp;A\uc5d0\uc11c \uc65c \ud544\uc694\ud55c\uac00<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#%EA%B3%84%EC%95%BD_%ED%98%91%EC%83%81_%EB%B0%8F_%EC%B2%B4%EA%B2%B0\" title=\"\uacc4\uc57d \ud611\uc0c1 \ubc0f \uccb4\uacb0\">\uacc4\uc57d \ud611\uc0c1 \ubc0f \uccb4\uacb0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#%EB%B2%95%EB%AC%B4_Due_Diligence\" title=\"\ubc95\ubb34 Due Diligence\">\ubc95\ubb34 Due Diligence<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/monolith.law\/ko\/general-corporate\/ma-merit-demerit-procedure\/#%EC%9A%94%EC%95%BD\" title=\"\uc694\uc57d\">\uc694\uc57d<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"M_A%EB%A5%BC_%ED%86%B5%ED%95%9C_%ED%9A%8C%EC%82%AC_%EB%A7%A4%EA%B0%81%EC%9D%B4%EB%9E%80\"><\/span>M&amp;A\ub97c \ud1b5\ud55c \ud68c\uc0ac \ub9e4\uac01\uc774\ub780?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>M&amp;A\ub294 Mergers and Acquisitions\uc758 \uc57d\uc790\ub85c, \uc9c1\uc5ed\ud558\uba74 &#8216;\ud569\ubcd1\uacfc \uc778\uc218&#8217;\ub97c \uc758\ubbf8\ud569\ub2c8\ub2e4. \uc989, M&amp;A\ub294 \uae30\uc5c5\uc758 \ud569\ubcd1\uc774\ub098 \uc778\uc218\ub97c \uac00\ub9ac\ud0b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>M&amp;A\uc758 \ubc29\ubc95\uc73c\ub85c\ub294, \uc77c\ubcf8 \ud68c\uc0ac\ubc95\uc5d0 \uaddc\uc815\ub41c \uc870\uc9c1 \uc7ac\ud3b8 \ud589\uc704 \uc911 \ud558\ub098\uc778 \ud569\ubcd1 \uc808\ucc28 \uc678\uc5d0\ub3c4, \uc8fc\uc2dd \uc591\ub3c4\ub098 \uc0ac\uc5c5 \uc591\ub3c4 \ub4f1\uc774 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc77c\ubcf8 \ud68c\uc0ac\ubc95\uc5d0 \ub530\ub978 \ud569\ubcd1 \uc808\ucc28\ub294, \ucc44\uad8c\uc790\ub97c \ubcf4\ud638\ud558\uae30 \uc704\ud55c \uc808\ucc28 \ub4f1\uc774 \uc5c4\uaca9\ud558\uac8c \uc815\ud574\uc838 \uc788\uc2b5\ub2c8\ub2e4. \uc774 \ub54c\ubb38\uc5d0, \ucc44\uad8c\uc790\uac00 \ub9ce\uc740 \ub300\uaddc\ubaa8 \uae30\uc5c5\uc774 \uc774\ub97c \uc774\uc6a9\ud558\ub294 \uacbd\ud5a5\uc774 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ubc18\uba74, \ubca4\ucc98 \uae30\uc5c5\uc774 M&amp;A\ub97c \ud1b5\ud574 \ud68c\uc0ac\ub97c \ub9e4\uac01\ud560 \ub54c\ub294, \uc8fc\uc2dd \uc591\ub3c4\ub098 \uc0ac\uc5c5 \uc591\ub3c4\uac00 \uc790\uc8fc \uc0ac\uc6a9\ub429\ub2c8\ub2e4. \uc8fc\uc2dd \uc591\ub3c4\ub97c \ud1b5\ud55c M&amp;A\uc5d0 \ub300\ud574\uc11c\ub294, \uc544\ub798\uc758 \uae30\uc0ac\uc5d0\uc11c \uc790\uc138\ud788 \uc124\uba85\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p><a href=\"https:\/\/monolith.law\/corporate\/share-transfer-ma\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/monolith.law\/corporate\/share-transfer-ma[ja]<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"M_A%EB%A5%BC_%ED%86%B5%ED%95%9C_%ED%9A%8C%EC%82%AC_%EB%A7%A4%EA%B0%81%EC%9D%98_%EC%9E%A5%EB%8B%A8%EC%A0%90\"><\/span>M&amp;A\ub97c \ud1b5\ud55c \ud68c\uc0ac \ub9e4\uac01\uc758 \uc7a5\ub2e8\uc810<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2021\/03\/ma-merit-demerit-procedure1.jpg\" alt=\"\" class=\"wp-image-31427\" \/><\/figure>\n\n\n\n<p>\ubca4\ucc98\uae30\uc5c5\uc5d0\uac8c \ud22c\uc790 \ud68c\uc218 \ubc29\ubc95\uc740 \uc8fc\ub85c \uc8fc\uc2dd\uacf5\uac1c(IPO) \ub610\ub294 M&amp;A\uc785\ub2c8\ub2e4. \uc774\ubc88\uc5d0\ub294 IPO\uc640 \ube44\uad50\ud588\uc744 \ub54c M&amp;A\uc758 \uc7a5\ub2e8\uc810\uc5d0 \ub300\ud574 \uc124\uba85\ud558\uaca0\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"M_A%EB%A5%BC_%EC%9D%B4%EC%9A%A9%ED%95%98%EB%8A%94_%EC%9E%A5%EC%A0%90\"><\/span>M&amp;A\ub97c \uc774\uc6a9\ud558\ub294 \uc7a5\uc810<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\ubca4\ucc98\uae30\uc5c5\uc774 M&amp;A\ub97c \ud1b5\ud574 \ud68c\uc0ac\ub97c \ub9e4\uac01\ud558\ub294 \uc7a5\uc810\uc740 \uc8fc\ub85c \ub2e4\uc74c\uacfc \uac19\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<ul>\n<li>\uc8fc\uc2dd\uacf5\uac1c(IPO)\ubcf4\ub2e4 \ube60\ub974\uac8c \ud22c\uc790\ub97c \ud68c\uc218\ud560 \uc218 \uc788\ub2e4<\/li>\n\n\n\n<li>\ucc3d\uc5c5\uc790\uac00 \ub2e4\ub978 \uc0ac\uc5c5\uc5d0 \ub3c4\uc804\ud560 \uc218 \uc788\ub2e4<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EC%A3%BC%EC%8B%9D%EA%B3%B5%EA%B0%9CIPO%EB%B3%B4%EB%8B%A4_%EB%B9%A0%EB%A5%B4%EA%B2%8C_%ED%88%AC%EC%9E%90_%ED%9A%8C%EC%88%98%EA%B0%80_%EA%B0%80%EB%8A%A5%ED%95%98%EB%8B%A4\"><\/span>\uc8fc\uc2dd\uacf5\uac1c(IPO)\ubcf4\ub2e4 \ube60\ub974\uac8c \ud22c\uc790 \ud68c\uc218\uac00 \uac00\ub2a5\ud558\ub2e4<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>\uc77c\ubc18\uc801\uc73c\ub85c \uc8fc\uc2dd\uacf5\uac1c(IPO)\ub97c \ubaa9\ud45c\ub85c \ud55c\ub2e4\uba74, \uba87 \ub144 \ub2e8\uc704\uc758 \uc900\ube44 \uae30\uac04\uc774 \ud544\uc694\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ub610\ud55c, IPO\ub97c \uc704\ud574 \uc804\ubb38\uac00\ub098 \ucee8\uc124\ud134\ud2b8\uc5d0\uac8c \uc758\ub8b0\ub97c \ud558\uac70\ub098, \ud68c\uc0ac \ub0b4\ubd80\uc758 \uad00\ub9ac \uccb4\uacc4\ub97c \uc815\ube44\ud558\ub294 \ub370 \ub4dc\ub294 \ube44\uc6a9\uc740 \ub9e4\uc6b0 \ub192\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc774\uc5d0 \ube44\ud574, M&amp;A\ub97c \ud1b5\ud55c \ud68c\uc0ac \ub9e4\uac01\uc740 \uad6c\ub9e4\uc790 \uae30\uc5c5\ub9cc \ucc3e\uc544\ub0b8\ub2e4\uba74, \ubc18\ub144\uc5d0\uc11c 1\ub144 \uc815\ub3c4\ub85c \uac70\ub798\ub97c \uccb4\uacb0\ud558\ub294 \uac83\uc774 \ub4dc\ubb38 \uc77c\uc774 \uc544\ub2d9\ub2c8\ub2e4.<\/p>\n\n\n\n<p>M&amp;A\ub97c \ud560 \ub54c \uc678\ubd80 \uc804\ubb38\uac00\uc5d0\uac8c \uc9c0\uc6d0\uc744 \uc694\uccad\ud558\ub294 \uacbd\uc6b0\ub3c4 \uc788\uc9c0\ub9cc, IPO\uc5d0 \ub4dc\ub294 \ube44\uc6a9\uc5d0 \ube44\ud558\uba74 \ub0ae\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EC%B0%BD%EC%97%85%EC%9E%90%EA%B0%80_%EB%8B%A4%EB%A5%B8_%EC%82%AC%EC%97%85%EC%97%90_%EB%8F%84%EC%A0%84%ED%95%A0_%EC%88%98_%EC%9E%88%EB%8B%A4\"><\/span>\ucc3d\uc5c5\uc790\uac00 \ub2e4\ub978 \uc0ac\uc5c5\uc5d0 \ub3c4\uc804\ud560 \uc218 \uc788\ub2e4<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2021\/03\/ma-merit-demerit-procedure2.jpg\" alt=\"\" class=\"wp-image-31428\" \/><\/figure>\n\n\n\n<p>\ub610\ud55c, M&amp;A\uc758 \uacbd\uc6b0 \ud310\ub9e4\uc790 \uae30\uc5c5\uc758 \ub300\ud45c\uc790\uac00 \ud68c\uc0ac \ub9e4\uac01\uacfc \ub3d9\uc2dc\uc5d0 \uc0ac\uc784\ud558\ub294 \uac83\ub3c4 \uc27d\uac8c \uac00\ub2a5\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc0c8\ub85c\uc6b4 \uc0ac\uc5c5 \uc601\uc5ed\uc5d0 \uc804\ub150\ud558\uace0 \uc2f6\uc740 \ubca4\ucc98\uae30\uc5c5\uc758 \ucc3d\uc5c5\uc790\uac00 \ub2e4\ub978 \ud68c\uc0ac\uc5d0\uc11c \uc0c8\ub85c\uc6b4 \uc0ac\uc5c5\uc744 \uc2dc\uc791\ud558\uace0 \uc2f6\uc740 \uacbd\uc6b0\uac00 \uc758\uc678\ub85c \ub9ce\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uac8c\ub2e4\uac00, \uc801\uc790\uac00 \uc544\ub2c8\uba70 \ubbf8\ub798\uc131\uc774 \uc788\ub294 \uae30\uc5c5\uc774\ub77c\uba74, \ud68c\uc0ac\ub97c \uc8fc\uc2dd \uc591\ub3c4\ub97c \ud1b5\ud55c M&amp;A\ub85c \ub9e4\uac01\ud558\uba74, \uc8fc\uc2dd\uc744 \ubcf4\uc720\ud55c \ucc3d\uc5c5\uc790\ub294 \ub9e4\uac01 \ub300\uae08\uc744 \uc5bb\uc744 \uc218 \uc788\uc73c\ubbc0\ub85c, \uc774 \uc790\uae08\uc744 \uc0c8\ub85c\uc6b4 \uc0ac\uc5c5\uc5d0 \ud22c\uc785\ud560 \uc218\ub3c4 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"M_A%EB%A5%BC_%EC%9D%B4%EC%9A%A9%ED%95%98%EB%8A%94_%EB%8B%A8%EC%A0%90\"><\/span>M&amp;A\ub97c \uc774\uc6a9\ud558\ub294 \ub2e8\uc810<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul>\n<li>\ucc3d\uc5c5\uc790\uac00 \ud68c\uc0ac\uc758 \uc8fc\ub3c4\uad8c\uc744 \uc7a1\uc744 \uc218 \uc5c6\uac8c \ub418\ub294 \uc704\ud5d8\uc774 \uc788\ub2e4<\/li>\n\n\n\n<li>\uc8fc\uc2dd\uacf5\uac1c(IPO)\ubcf4\ub2e4 \uae30\uc5c5 \uac00\uce58\uac00 \ub0ae\uac8c \ud3c9\uac00\ub420 \uc218 \uc788\ub2e4<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EC%B0%BD%EC%97%85%EC%9E%90%EA%B0%80_%ED%9A%8C%EC%82%AC%EC%9D%98_%EC%A3%BC%EB%8F%84%EA%B6%8C%EC%9D%84_%EC%9E%A1%EC%9D%84_%EC%88%98_%EC%97%86%EA%B2%8C_%EB%90%98%EB%8A%94_%EC%9C%84%ED%97%98\"><\/span>\ucc3d\uc5c5\uc790\uac00 \ud68c\uc0ac\uc758 \uc8fc\ub3c4\uad8c\uc744 \uc7a1\uc744 \uc218 \uc5c6\uac8c \ub418\ub294 \uc704\ud5d8<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>\ucc3d\uc5c5\uc790\uac00 \ud68c\uc0ac \ub9e4\uac01\uacfc \ub3d9\uc2dc\uc5d0 \uc0ac\uc784\ud558\uace0 \uc2f6\ub2e4\uba74 \ubb38\uc81c\uac00 \uc5c6\uc9c0\ub9cc, \uadf8\ub807\uc9c0 \uc54a\uace0 \ud68c\uc0ac\uc5d0 \uc784\uc6d0\uc73c\ub85c \ub0a8\uace0 \uc2f6\uc740 \uacbd\uc6b0 M&amp;A\uc5d0\ub294 \uc704\ud5d8\uc774 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc8fc\uc2dd \uc591\ub3c4\ub97c \ud1b5\ud574 \ud68c\uc0ac\uc758 \uc9c0\ubc30\uad8c\uc744 \ubaa8\ub450 \uad6c\ub9e4\uc790 \uae30\uc5c5\uc5d0 \uc774\uc804\ud558\ub294 M&amp;A\ub97c \uc9c4\ud589\ud55c \uacbd\uc6b0, \ud310\ub9e4\uc790 \uae30\uc5c5\uc758 \uc774\uc0ac \ub4f1 \uc784\uc6d0\uc758 \uc120\uc784 \ubc0f \ud574\uc784\uc740 \uad6c\ub9e4\uc790 \uae30\uc5c5\uc758 \uacb0\uc815\uc5d0 \ub530\ub77c \uc774\ub8e8\uc5b4\uc9d1\ub2c8\ub2e4. \ub530\ub77c\uc11c, \ud68c\uc0ac \ub9e4\uac01 \ud6c4\uc5d0 \ucc3d\uc5c5\uc790 \ub4f1\uc774 \ud68c\uc0ac\uc5d0 \ub0a8\uc744 \uc218 \uc788\ub294 \ubcf4\uc7a5\uc774 \uc5c6\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EA%B8%B0%EC%97%85_%EA%B0%80%EC%B9%98%EA%B0%80_%EB%82%AE%EA%B2%8C_%ED%8F%89%EA%B0%80%EB%90%A0_%EC%88%98%EB%8F%84_%EC%9E%88%EB%8B%A4\"><\/span>\uae30\uc5c5 \uac00\uce58\uac00 \ub0ae\uac8c \ud3c9\uac00\ub420 \uc218\ub3c4 \uc788\ub2e4<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2021\/03\/ma-merit-demerit-procedure3.jpg\" alt=\"\" class=\"wp-image-31429\" \/><\/figure>\n\n\n\n<p>\ub610\ud55c, M&amp;A\ub97c \ud1b5\ud55c \ud68c\uc0ac \ub9e4\uac01\uc758 \uacbd\uc6b0, \ub9e4\ub9e4 \ub300\uae08\uc740 \uad6c\ub9e4\uc790 \uae30\uc5c5\uacfc\uc758 \uc0c1\ub300\uc801\uc778 \ud611\uc0c1\uc744 \ud1b5\ud574 \uacb0\uc815\ub429\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uad6c\ub9e4\uc790 \uae30\uc5c5\uc774 \ud310\ub9e4\uc790 \uae30\uc5c5\uc758 \ubbf8\ub798\uc131\uc744 \ub192\uac8c \ud3c9\uac00\ud558\uac70\ub098, \uc2dc\ub108\uc9c0 \ud6a8\uacfc\ub97c \uae30\ub300\ud558\ub294 \uacbd\uc6b0\uc5d0\ub294, IPO\ubcf4\ub2e4 \ub192\uac8c \uae30\uc5c5 \uac00\uce58\uac00 \ud3c9\uac00\ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub7ec\ub098, \ubc18\ub300\ub85c, IPO\ubcf4\ub2e4 \ub0ae\uc740 \uae08\uc561\uc73c\ub85c \ub0ae\uac8c \uccd0\uc838 \ub098\uac00\ub294 \uac83\ub3c4 \ub2f9\uc5f0\ud788 \uac00\ub2a5\ud569\ub2c8\ub2e4. \ub530\ub77c\uc11c, M&amp;A\ub97c \ud1b5\ud55c \ud68c\uc0ac \ub9e4\uac01\uc744 \uace0\ub824\ud558\ub294 \uacbd\uc6b0, \uc5b4\ub290 \uc815\ub3c4\uc758 \uae08\uc561\uc774\uba74 \ud68c\uc0ac \ub9e4\uac01\uc744 \ud558\ub294 \uacbd\uc81c\uc801 \ud569\ub9ac\uc131\uc774 \uc788\ub294\uc9c0, \uc0ac\uc804\uc5d0 \uae30\uc900\uc744 \uc124\uc815\ud574 \ub450\ub294 \uac83\uc774 \uc88b\uc744 \uac83\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"M_A%EB%A5%BC_%ED%86%B5%ED%95%9C_%ED%9A%8C%EC%82%AC_%EB%A7%A4%EA%B0%81_%EB%B0%A9%EB%B2%95\"><\/span>M&amp;A\ub97c \ud1b5\ud55c \ud68c\uc0ac \ub9e4\uac01 \ubc29\ubc95<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>M&amp;A\ub97c \ud1b5\ud574 \ud68c\uc0ac \ub9e4\uac01\uc744 \uc9c4\ud589\ud558\ub294 \uc808\ucc28\uc640 \ubcc0\ud638\uc0ac\uc758 \uc5ed\ud560\uc5d0 \ub300\ud574 \uc124\uba85\ud558\uaca0\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"M_A%EC%97%90%EC%84%9C_%ED%95%84%EC%9A%94%ED%95%9C_%EA%B3%84%EC%95%BD_%EB%B0%8F_%EC%A0%88%EC%B0%A8\"><\/span>M&amp;A\uc5d0\uc11c \ud544\uc694\ud55c \uacc4\uc57d \ubc0f \uc808\ucc28<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>M&amp;A\ub97c \ud1b5\ud574 \ud68c\uc0ac\ub97c \ub9e4\uac01\ud558\ub294 \uacbd\uc6b0, \ub2e4\uc74c\uacfc \uac19\uc740 \uc21c\uc11c\ub85c \uc9c4\ud589\ub429\ub2c8\ub2e4.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EB%B9%84%EB%B0%80%EC%9C%A0%EC%A7%80_%EA%B3%84%EC%95%BD_%EC%B2%B4%EA%B2%B0\"><\/span>\ube44\ubc00\uc720\uc9c0 \uacc4\uc57d \uccb4\uacb0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>\ud310\ub9e4\uc790\uc640 \uad6c\ub9e4\uc790 \ud6c4\ubcf4\uac00 \uacb0\uc815\ub418\uc5b4 M&amp;A\uc5d0 \ub300\ud55c \uad6c\uccb4\uc801\uc778 \uac80\ud1a0\ub97c \uc2dc\uc791\ud558\uac8c \ub418\uba74, \uba3c\uc800 \uc591\uc0ac\uac04\uc5d0 \ube44\ubc00\uc720\uc9c0 \uacc4\uc57d\uc744 \uccb4\uacb0\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>M&amp;A \uac80\ud1a0 \uc9c4\ud589 \uc0ac\uc2e4\uc740 \uc591\uc0ac\uc5d0\uac8c \uace0\ub3c4\ub85c \uae30\ubc00\uc131\uc744 \uc694\ud558\ub294 \uc815\ubcf4\uc785\ub2c8\ub2e4. \ucd5c\uc885\uc801\uc778 \ud68c\uc0ac \ub9e4\uac01 \ud569\uc758\uac00 \uc774\ub8e8\uc5b4\uc9c8 \ub54c\uae4c\uc9c0\ub294, M&amp;A \uac80\ud1a0 \uc9c4\ud589 \uc0ac\uc2e4\uc740 \uacbd\uc601\uc9c4\uacfc \uc77c\ubd80 \ub2f4\ub2f9 \uc9c1\uc6d0\ub9cc\uc774 \uc54c\uace0, \uc77c\ubc18 \uc9c1\uc6d0\ub4e4\uc5d0\uac8c\ub294 \ube44\ubc00\ub85c \uc720\uc9c0\ub418\ub294 \uac83\uc774 \uc77c\ubc18\uc801\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ud2b9\ud788 \ud310\ub9e4\uc790 \ud68c\uc0ac\ub098 \uad6c\ub9e4\uc790 \ud68c\uc0ac\uac00 \uc0c1\uc7a5\uae30\uc5c5\uc778 \uacbd\uc6b0\uc5d0\ub294 \uc778\uc0ac\uc774\ub354 \uc815\ubcf4\uac00 \ub420 \uc218 \uc788\uc73c\ubbc0\ub85c, \uc815\ubcf4 \uc720\ucd9c\uc740 \uc808\ub300\ub85c \ud53c\ud574\uc57c \ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ub610\ud55c, \ube44\ubc00\uc720\uc9c0 \uacc4\uc57d\uc774 \uccb4\uacb0\ub41c \ud6c4\uc5d0\uc57c \ud310\ub9e4\uc790 \ud68c\uc0ac\uc640 \uad6c\ub9e4\uc790 \ud68c\uc0ac\uac00 \uc11c\ub85c\uc758 \ud68c\uc0ac\uba85 \uacf5\uac1c\ub97c \ubc1b\uac8c \ub429\ub2c8\ub2e4.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EA%B8%B0%EB%B3%B8_%ED%95%A9%EC%9D%98%EC%84%9C_%EC%B2%B4%EA%B2%B0\"><\/span>\uae30\ubcf8 \ud569\uc758\uc11c \uccb4\uacb0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>\uad6c\ub9e4\uc790 \ud68c\uc0ac\uac00 \uacf5\uc2dd\uc801\uc73c\ub85c M&amp;A\ub97c \uc9c4\ud589\ud560 \uc758\uc0ac\uacb0\uc815\uc744 \ud558\uba74, \uad6c\ub9e4\uc790 \ud68c\uc0ac\ub294 \ud310\ub9e4\uc790 \ud68c\uc0ac\uc5d0 \ub300\ud574 &#8216;\uc758\ub3c4 \ud45c\uba85\uc11c&#8217;\ub97c \uc81c\ucd9c\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc774\ub97c \ubc1b\uc544 \ud310\ub9e4\uc790 \ud68c\uc0ac\uac00 \ud68c\uc0ac \ub9e4\uac01 \ud611\uc0c1\uc5d0 \uc751\ud560 \uc758\ub3c4\ub97c \ubcf4\uc600\ub2e4\uba74, \uc591\uc0ac\uac04\uc5d0 M&amp;A \uac80\ud1a0\ub97c \uc9c4\ud589\ud558\uae30 \uc704\ud55c \uae30\ubcf8 \ud569\uc758\uc11c\ub97c \uccb4\uacb0\ud569\ub2c8\ub2e4. \uae30\ubcf8 \ud569\uc758\uc11c\ub294 \ud310\ub9e4\uc790 \ud68c\uc0ac\uc640 \uad6c\ub9e4\uc790 \ud68c\uc0ac\uac00 M&amp;A \uac80\ud1a0\ub97c \uc9c4\ud589\ud560 \uac83\uc744 \ubb38\uc11c\uc5d0 \uba85\uc2dc\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub7ec\ub098, \uc774 M&amp;A \uac80\ud1a0 \uc9c4\ud589\uc5d0 \ub300\ud55c \ud569\uc758 \ubd80\ubd84\uc740 \ubc95\uc801 \uad6c\uc18d\ub825\uc744 \uac00\uc9c0\uc9c0 \uc54a\ub294 \uc120\uc758\uc758 \ud569\uc758\ub85c \uac04\uc8fc\ub418\ub294 \uac83\uc774 \uc77c\ubc18\uc801\uc785\ub2c8\ub2e4. \ub530\ub77c\uc11c, \ucd5c\uc885\uc801\uc73c\ub85c M&amp;A \ud569\uc758\uc5d0 \uc774\ub974\uc9c0 \ubabb\ud588\ub2e4 \ud558\ub354\ub77c\ub3c4 \ub2f9\uc0ac\uc790\uac00 \uc190\ud574\ubc30\uc0c1 \ub4f1\uc758 \ucc45\uc784\uc744 \ubd80\ub2f4\ud558\ub294 \uac83\uc740 \uc77c\ubc18\uc801\uc73c\ub85c \uc5c6\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>M&amp;A\uc5d0\uc11c\uc758 \uae30\ubcf8 \ud569\uc758\uc11c \uc870\ud56d \uc608\uc2dc\uc640 \ubc95\uc801 \uad6c\uc18d\ub825\uc5d0 \ub300\ud574\uc11c\ub294 \uc544\ub798\uc758 \uae30\uc0ac\uc5d0\uc11c\ub3c4 \uc790\uc138\ud788 \uc124\uba85\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p><a href=\"https:\/\/monolith.law\/corporate\/ma-lawyer-basic-agreement\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/monolith.law\/corporate\/ma-lawyer-basic-agreement[ja]<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EB%93%80_%EB%8D%B8%EB%A6%AC%EC%A0%84%EC%8A%A4%EC%B5%9C%EC%A2%85_%EA%B3%84%EC%95%BD%EC%84%9C_%EC%B2%B4%EA%B2%B0\"><\/span>\ub4c0 \ub378\ub9ac\uc804\uc2a4~\ucd5c\uc885 \uacc4\uc57d\uc11c \uccb4\uacb0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>\uad6c\ub9e4\uc790 \ud68c\uc0ac\uac00 M&amp;A\ub97c \uc9c4\ud589\ud560\uc9c0 \uc5ec\ubd80\uc758 \uc758\uc0ac\uacb0\uc815\uc744 \uc704\ud574 \ud544\uc694\ud55c \uac83\uc774 \ud310\ub9e4\uc790 \ud68c\uc0ac\uc758 \uac00\uce58\uc640 \uc704\ud5d8\uc744 \uc138\ubc00\ud558\uac8c \uac80\ud1a0\ud558\ub294 \ub4c0 \ub378\ub9ac\uc804\uc2a4\ub77c\ub294 \uc808\ucc28\uc785\ub2c8\ub2e4. \ub4c0 \ub378\ub9ac\uc804\uc2a4\uc5d0 \ub300\ud574\uc11c\ub294 \ub098\uc911\uc5d0 \uc790\uc138\ud788 \uc124\uba85\ud558\uaca0\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ub4c0 \ub378\ub9ac\uc804\uc2a4\ub97c \uae30\ubc18\uc73c\ub85c, \uad6c\ub9e4\uc790 \ud68c\uc0ac\uac00 M&amp;A\ub97c \uc9c4\ud589\ud560 \uac83\uc744 \ucd5c\uc885 \uacb0\uc815\ud588\ub2e4\uba74, \ud310\ub9e4\uc790 \ud68c\uc0ac\uc640 \uad6c\ub9e4\uc790 \ud68c\uc0ac \uc0ac\uc774\uc5d0\uc11c \ucd5c\uc885\uc801\uc778 \ud68c\uc0ac \ub9e4\uac01\uc5d0 \uad00\ud55c \uacc4\uc57d\uc774 \uccb4\uacb0\ub429\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ucd5c\uc885 \uacc4\uc57d\uc11c\uc5d0\uc11c\ub294, \ud68c\uc0ac\uc758 \ub9e4\uac01 \uac00\uaca9\uc774\ub098 \uc8fc\uc2dd\uc774\ub098 \uc7ac\uc0b0\uc758 \uc774\uc804 \ubc29\ubc95, \ud68c\uc0ac \ub9e4\uac01 \ud6c4\uc758 \ud310\ub9e4\uc790 \ud68c\uc0ac\uc758 \ub300\ud45c\uc790 \ub4f1\uc758 \ucc98\uc6b0 \ub4f1\uc758 \uc870\ud56d\uc774 \uc124\uc815\ub418\ub294 \uac83\uc774 \uc77c\ubc18\uc801\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ucd5c\uc885 \uacc4\uc57d\uc11c\uac00 \uccb4\uacb0\ub418\uba74, \uacc4\uc57d \ub0b4\uc6a9\uc5d0 \ub530\ub77c \ud310\ub9e4\uc790\uc640 \uad6c\ub9e4\uc790\uac00 \ud544\uc694\ud55c \uc808\ucc28\ub97c \uc9c4\ud589\ud558\uace0, \ud68c\uc0ac \ub9e4\uac01\uc774 \uc2e4\ud589\ub418\uac8c \ub429\ub2c8\ub2e4. \uc774 \uc2e4\ud589 \uc808\ucc28\ub97c &#8216;\ud074\ub85c\uc9d5&#8217;\uc774\ub77c\uace0 \ubd80\ub974\uae30\ub3c4 \ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EB%B3%80%ED%98%B8%EC%82%AC%EA%B0%80_M_A%EC%97%90%EC%84%9C_%EC%99%9C_%ED%95%84%EC%9A%94%ED%95%9C%EA%B0%80\"><\/span>\ubcc0\ud638\uc0ac\uac00 M&amp;A\uc5d0\uc11c \uc65c \ud544\uc694\ud55c\uac00<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/monolith.law\/wp-content\/uploads\/2021\/03\/ma-merit-demerit-procedure4.jpg\" alt=\"\" class=\"wp-image-31430\" \/><\/figure>\n\n\n\n<p>\uae30\uc5c5\uc774 M&amp;A\ub97c \uc9c4\ud589\ud560 \ub54c\ub294, \ubcc0\ud638\uc0ac\ub098 \uacf5\uc778\ud68c\uacc4\uc0ac \ub4f1 \uc678\ubd80 \uc804\ubb38\uac00\uc5d0\uac8c \uc9c0\uc6d0\uc744 \uc694\uccad\ud558\ub294 \uac83\uc774 \uc77c\ubc18\uc801\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ubcc0\ud638\uc0ac\ub294 M&amp;A\uc5d0\uc11c \uc8fc\ub85c \ub2e4\uc74c \ub450 \uac00\uc9c0 \uc0c1\ud669\uc5d0\uc11c \uae30\uc5c5\uc744 \uc9c0\uc6d0\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<ul>\n<li>\uacc4\uc57d \ud611\uc0c1 \ubc0f \uccb4\uacb0<\/li>\n\n\n\n<li>\ubc95\ubb34 Due Diligence<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EA%B3%84%EC%95%BD_%ED%98%91%EC%83%81_%EB%B0%8F_%EC%B2%B4%EA%B2%B0\"><\/span>\uacc4\uc57d \ud611\uc0c1 \ubc0f \uccb4\uacb0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>\uccab\uc9f8\ub85c, M&amp;A\uc5d0\uc11c\ub294 \uad6c\uccb4\uc801\uc778 \uac80\ud1a0 \ub2e8\uacc4, \ucd5c\uc885\uc801\uc778 \ud68c\uc0ac \ub9e4\uac01 \ud569\uc758 \ub2e8\uacc4 \ub4f1 \uc5ec\ub7ec \ub2e8\uacc4\uc5d0\uc11c \ud310\ub9e4\uc790 \uae30\uc5c5\uacfc \uad6c\ub9e4\uc790 \uae30\uc5c5\uc774 \uacc4\uc57d\uc11c\ub97c \uccb4\uacb0\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc77c\ubc18\uc801\uc73c\ub85c, M&amp;A\uc5d0 \uc758\ud55c \ud68c\uc0ac \ub9e4\uac01\uc740 \uad6c\ub9e4\uc790\uc5d0\uac8c\ub3c4 \ud310\ub9e4\uc790\uc5d0\uac8c\ub3c4, \ud68c\uc0ac\uc758 \uc6b4\uba85\uc744 \uacb0\uc815\ud558\ub294 \ub9e4\uc6b0 \uc911\uc694\ud55c \uc0ac\uac74\uc785\ub2c8\ub2e4. \ub530\ub77c\uc11c, \uacc4\uc57d\uc774 \uc790\uc0ac\uc5d0 \uadf9\ub2e8\uc801\uc73c\ub85c \ubd88\ub9ac\ud558\uac8c \ub418\ub294 \uac83\uc740 \ud53c\ud574\uc57c \ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ub610\ud55c, \ucd5c\uc885\uc801\uc778 \ud68c\uc0ac \ub9e4\uac01 \ud569\uc758\uc5d0 \ub300\ud574\uc11c\ub294, \uadf8 \uc774\uc804\uc5d0 \uc9c4\ud589\ub418\ub294 Due Diligence \uacb0\uacfc\uc5d0 \uae30\ubc18\ud558\uc5ec, \ud310\ub9e4\uc790\uc640 \uad6c\ub9e4\uc790\uac00 \uac1c\ubcc4\uc801\uc73c\ub85c \uacc4\uc57d \ud611\uc0c1\uc744 \uc9c4\ud589\ud574\uc57c \ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>M&amp;A\uc758 \uacc4\uc57d\uc11c \ud15c\ud50c\ub9bf \uc790\uccb4\ub294 \uc27d\uac8c \uc5bb\uc744 \uc218 \uc788\uc9c0\ub9cc, \uc2e4\uc81c\ub85c \uacc4\uc57d\uc744 \uccb4\uacb0\ud560 \ub54c\ub294 \ubc18\ub4dc\uc2dc \uc0ac\uac74\ubcc4 \uac1c\ubcc4\uc801\uc778 \uc0c1\ud669\uc744 \ubc18\uc601\ud574\uc57c \ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc790\uc0ac\uc5d0\uac8c \uc704\ud5d8\uc744 \ucd08\ub798\ud558\ub294 \uac83\uc774\ub098 M&amp;A\uc5d0\uc11c \uc6b0\ub824\ud558\ub294 \uc810\uc774 \uc788\ub2e4\uba74, \uc704\ud5d8 \ud68c\ud53c\ub97c \uc704\ud55c \uc870\ud56d\uc744 \uacc4\uc57d\uc11c\uc5d0 \ud3ec\ud568\ud558\ub294 \ub4f1\uc758 \ucc3d\uc758\uc801\uc778 \ub300\ucc45\uc774 \ud544\uc694\ud55c \uacbd\uc6b0\uac00 \ub9ce\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc774\ub7ec\ud55c \uacc4\uc57d \ud611\uc0c1\uc774\ub098 \uacc4\uc57d\uc11c \uc791\uc131\uc5d0 \ub300\ud574\uc11c\ub294, \ud68c\uc0ac\ubc95 \ub4f1\uc758 \uc804\ubb38\uc801\uc778 \ubc95\ub960 \uc9c0\uc2dd\uc774 \ud544\uc694\ud569\ub2c8\ub2e4. \ub530\ub77c\uc11c, \uacc4\uc57d \ud611\uc0c1 \ubc0f \uccb4\uacb0 \ub2e8\uacc4\uc5d0\uc11c \ubcc0\ud638\uc0ac\uc758 \ucc38\uc5ec\uac00 \ud544\uc694\ud558\uac8c \ub418\ub294 \uac83\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EB%B2%95%EB%AC%B4_Due_Diligence\"><\/span>\ubc95\ubb34 Due Diligence<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p>\ub458\uc9f8\ub85c, \ucd5c\uc885\uc801\uc778 \ud68c\uc0ac \ub9e4\uac01 \ud569\uc758 \uc774\uc804\uc5d0 \uc9c4\ud589\ub418\ub294 \ubc95\ubb34 Due Diligence\uc5d0\ub3c4 \ubcc0\ud638\uc0ac\uc758 \ucc38\uc5ec\uac00 \ud544\uc694\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>M&amp;A\uc5d0\uc11c\uc758 Due Diligence\ub780, M&amp;A\uc5d0 \uc758\ud574 \ud68c\uc0ac\ub97c \uc0ac\ub294 \uce21\uc758 \uae30\uc5c5(\uad6c\ub9e4\uc790 \uae30\uc5c5)\uc774 \ud310\ub9e4\uc790 \uae30\uc5c5\uc758 \uac00\uce58\ub098 \uc218\uc775\uc131 \ub4f1\uc744 \ucca0\uc800\ud788 \uac80\ud1a0\ud558\ub294 \uc808\ucc28\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>Due Diligence\uc5d0\uc11c \ud310\ub9e4\uc790 \uae30\uc5c5\uc758 \uac00\uce58\ub97c \uc190\uc0c1\uc2dc\ud0a4\ub294 \uc0ac\uc2e4\uc774 \ubc1d\ud600\uc9c8 \uacbd\uc6b0, M&amp;A\uac00 \uc911\ub2e8\ub418\ub294 \uacbd\uc6b0\ub3c4 \uc788\uc2b5\ub2c8\ub2e4. \ub530\ub77c\uc11c, M&amp;A\uc5d0 \uc758\ud55c \ud68c\uc0ac \ub9e4\uac01\uc758 \uc77c\ub828\uc758 \uc808\ucc28 \uc911\uc5d0\uc11c \ub9e4\uc6b0 \uc911\uc694\ud55c \uc808\ucc28\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>Due Diligence\ub294 \uc7ac\ubb34, \ubc95\ubb34, \uc778\uc0ac, \uc2dc\uc2a4\ud15c \ub4f1 \ub2e4\uc591\ud55c \uad00\uc810\uc5d0\uc11c \uc9c4\ud589\ub418\uba70, \ubaa8\ub4e0 \ud56d\ubaa9\uc5d0 \ub300\ud574 Due Diligence\ub97c \uc9c4\ud589\ud558\ub294 \uac83\uc740 \uc2dc\uac04\uc801\uc73c\ub85c\ub3c4 \ube44\uc6a9\uc801\uc73c\ub85c\ub3c4 \ud604\uc2e4\uc801\uc774\uc9c0 \uc54a\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub7ec\ub098, \uc7ac\ubb34 Due Diligence\uc640 \ubc95\ubb34 Due Diligence\ub294 \uae30\uc5c5 \uac00\uce58\ub97c \ud06c\uac8c \uc88c\uc6b0\ud558\uae30 \ub54c\ubb38\uc5d0, M&amp;A \uc0c1\ud669\uc5d0\uc11c\ub294 \uc77c\uad04\uc801\uc73c\ub85c \uc9c4\ud589\ub418\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc774 \uc911, \ubc95\ubb34 Due Diligence\ub294 \uc77c\ubc18\uc801\uc73c\ub85c \uc678\ubd80 \ubcc0\ud638\uc0ac\uac00 \uc9c4\ud589\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ud655\uc2e4\ud788, \uad6c\ub9e4\uc790 \uae30\uc5c5\uc5d0 \ubc95\ubb34 \ubd80\uc11c\uac00 \uc788\ub294 \uacbd\uc6b0\uc5d0\ub294 \ub0b4\ubd80\uc758 \ubc95\ubb34 \ub2f4\ub2f9\uc790\uac00 \ubc95\ubb34 Due Diligence\ub97c \uc9c4\ud589\ud558\ub294 \uac83\ub3c4 \ub2a5\ub825\uc801\uc73c\ub85c \uac00\ub2a5\ud569\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uadf8\ub7fc\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \uc678\ubd80 \uc804\ubb38\uac00\uc5d0\uac8c \uc758\ub8b0\ud558\ub294 \uc774\uc720\ub294, \ubc95\ubb34 Due Diligence\uc5d0 \uba85\ubc31\ud55c \ub204\ub77d\uc774 \uc788\uc5b4 \uad6c\ub9e4\uc790 \uae30\uc5c5\uc5d0 \uc190\ud574\uac00 \ubc1c\uc0dd\ud55c \uacbd\uc6b0, \uacbd\uc601\uc9c4\uc774 \uc8fc\uc8fc \ub4f1\uc73c\ub85c\ubd80\ud130 \ucc45\uc784\uc744 \ubb3c\uc5b4\uc57c \ud558\ub294 \uc704\ud5d8\uc774 \uc788\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\uc774\ub54c, M&amp;A\uc5d0\uc11c \ubc95\ubb34 Due Diligence \uacbd\ud5d8\uc744 \uc313\uc740 \ubcc0\ud638\uc0ac\ub77c\uba74, Due Diligence\uc5d0\uc11c \ud655\uc778\ud574\uc57c \ud560 \ud3ec\uc778\ud2b8\ub97c \ub193\uce58\ub294 \uc704\ud5d8\uc744 \ud06c\uac8c \uc904\uc77c \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%EC%9A%94%EC%95%BD\"><\/span>\uc694\uc57d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>\ud68c\uc0ac \ub9e4\uac01\uc744 M&amp;A\ub85c \uc9c4\ud589\ud558\uace0\uc790 \ud558\ub294 \uacbd\uc6b0, \uc77c\ubc18\uc801\uc73c\ub85c M&amp;A \ucee8\uc124\ud305 \uc11c\ube44\uc2a4\ub97c \uc81c\uacf5\ud558\ub294 \uc911\uac1c\uc5c5\uccb4\uc5d0 \uba3c\uc800 \ub4f1\ub85d\ud558\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc2b5\ub2c8\ub2e4. \ub610\ud55c, \uac70\ub798\uac00 \uc788\ub294 \uc740\ud589\uc774\ub098 \uacf5\uc778\ud68c\uacc4\uc0ac, \uc138\ubb34\uc0ac \ub4f1\uc774 M&amp;A \ucee8\uc124\ud305\uc744 \uc81c\uacf5\ud558\uba70 \uc911\uac1c\ud558\ub294 \uacbd\uc6b0\ub3c4 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>M&amp;A \ucee8\uc124\ud305 \ud68c\uc0ac\uc5d0 \ud310\ub9e4 \uc0ac\ud56d\uc73c\ub85c \ub4f1\ub85d\ud558\uba74, \ud68c\uc0ac\ub97c \uc0ac\uace0\uc790 \ud558\ub294 \ubc95\uc778\uc774\ub098 \uac1c\uc778\uc774 \ud310\ub9e4 \uc911\uc778 \ud68c\uc0ac\uc5d0 \ub300\ud55c \uc815\ubcf4\ub97c \uc5f4\ub78c\ud560 \uc218 \uc788\uac8c \ub429\ub2c8\ub2e4. \uc774 \uc815\ubcf4\ub294 \uc77c\ubc18\uc801\uc73c\ub85c \ud68c\uc0ac\uba85\uc744 \ube44\uacf5\uac1c\ub85c \ud558\uace0 \uc804\ub144\ub3c4 \ub9e4\ucd9c \ub4f1\uc758 \uacb0\uc0b0 \uc815\ubcf4 \uc77c\ubd80\ub97c \ubcfc \uc218 \uc788\uac8c \ub418\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc2b5\ub2c8\ub2e4.<\/p>\n\n\n\n<p>\ucd5c\uadfc\uc5d0\ub294 \uae30\uc5c5 \uc804\ub7b5\uc73c\ub85c \ubbf8\ub798 \uac00\uce58\uac00 \uc788\ub294 \ubca4\ucc98\uae30\uc5c5\uc744 \uc778\uc218\ud558\ub824\ub294 \ud68c\uc0ac\uac00 \ub298\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ub530\ub77c\uc11c, M&amp;A\ub97c \ud1b5\ud55c \ud68c\uc0ac \ub9e4\uac01\uc740 \ucc3d\uc5c5\uc790\uc5d0\uac8c \uc788\uc5b4\uc11c \uc55e\uc73c\ub85c\ub3c4 \uac15\ub825\ud55c EXIT \uc804\ub7b5\uc758 \ud558\ub098\uac00 \ub420 \uac83\uc785\ub2c8\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ubca4\ucc98 \uae30\uc5c5\uc5d0\uc11c\uc758 \ud22c\uc790 \ud68c\uc218 \ubc29\ubc95(\uc77c\ubc18\uc801\uc73c\ub85c EXIT\ub77c\uace0 \ubd88\ub9bd\ub2c8\ub2e4)\uc73c\ub85c\uc11c, \uc804\ud1b5\uc801\uc73c\ub85c \uc8fc\uc2dd \uacf5\uac1c(IPO)\uac00 \uc8fc\ub958\uc600\uc2b5\ub2c8\ub2e4. \uadf8\ub7ec\ub098, \ucd5c\uadfc\uc5d0\ub294 \ubc18\ub4dc\uc2dc \uc8fc\uc2dd \uacf5\uac1c\ub97c \ubaa9\ud45c\ub85c \ud558\uc9c0 \uc54a\uace0, \ube44\uc0c1\uc7a5 \uc0c1\ud0dc\uc5d0\uc11c M&amp;A\ub97c \ud1b5\ud574 \ud68c\uc0ac\ub97c \ub9e4\uac01\ud558\ub294 \uacbd\uc601\uc790\ub4e4\uc774 \ub298\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uadf8\ub798\uc11c, \ud68c\uc0ac \ub9e4\uac01\uc744 \uace0\ub824\ud558\uace0 \uc788\ub294 \uacbd\uc601\uc790\ub4e4\uc744 \uc704\ud574, M&amp;A\uc758 \uc7a5\ub2e8\uc810, M&amp;A\uc758 \uc9c4\ud589  [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":63164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[24,27],"acf":[],"_links":{"self":[{"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/posts\/62414"}],"collection":[{"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/comments?post=62414"}],"version-history":[{"count":1,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/posts\/62414\/revisions"}],"predecessor-version":[{"id":63165,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/posts\/62414\/revisions\/63165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/media\/63164"}],"wp:attachment":[{"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/media?parent=62414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/categories?post=62414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/monolith.law\/ko\/wp-json\/wp\/v2\/tags?post=62414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}