一 | 上市公司并购重组涌现新亮点硬科技领域重组交易热度不减 人民财讯8月26日电，政策暖风频吹，近期A股上市公司并购重组市场涌现出诸多新亮点：部分拟IPO公司转向并购赛道，硬科技领域重组交易热度不减，并购基金加速落地，并购重组成为上市公司做强核心主业、抢占新兴赛道的重要路径。 Reese’s may be in violation of state and federal laws with its new sweepstakes offer currently advertised on packs of peanut butter cups.The promotion on two-cup packages reads “You could win $25,000” and, in smaller print, “See details inside.” But only after consumers have bought and opened a package can they see the small print: no purchase is necessary to enter the sweepstakes.The Reese's contest was first reported Monday by Edgar Dworsky, a consumer advocate and former assistant attorney general in Massachusetts, who runs the Consumer World website.Hershey Co., that Pennsylvania candymaker that owns the Reese’s brand, didn’t immediately respond to telephone and email messages left Monday by The Associated Press.Sweepstakes are primarily governed by state laws, which require that no purchase is necessary to participate. A contest that requires a purchase is a lottery, which is subject to different rules.Three federal agencies __ Federal Trade Commission, the Federal Communications Commission and the U.S. Postal Service __ also enforce laws governing sweepstakes depending on the medium. The Postal Service requires mailed sweepstakes offers to make clear that no purchase is necessary, for example. The FTC doesn't govern sweepstakes specifically, but has broad laws prohibiting “unfair and deceptive acts.”The FTC said Monday that it can’t comment on the practices of particular companies outside of an investigation. It wouldn’t confirm or deny an investigation against Hershey.Dworsky said a sign near Reese’s candy displays making clear that no purchase is necessary might meet legal requirements. But a spot check of candy displays in multiple states __ including California, Virginia and Washington __ found no such signs.Dworsky noted that Reese's ran a similar promotion earlier this year that ended in April using the same packaging. Some of those packages are still for sale, even though the sweepstakes code has expired, he said.Dworsky said he's concerned that the packaging could lure consumers into thinking they need to buy it.“You never have to pay to play. All these packages should be recalled," he said.。 南开大学金融学教授田利辉指出，政策红利与产业需求形成共振效应，服务实体经济的范式正在发生变化，驱动并购逻辑从规模扩张转向价值整合，并购重组拓宽上市公司产业升级路径，推动产业链向高端化、国际化跃迁。 。
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