Research on M&A Performance in the Iron and Steel Industry: Based on Financial Big Data

Economic development has entered the "new normal", and the supply-side structural reforms proposed "three eliminations, one reduction, and one supplement", making the steel industry, which is already unfavorable, more difficult. The development of the steel industry is not only related to itself but also closely related to the development of the entire economy. In the case of overproduction and hindered development in the steel industry of its financial big data, the merger and reorganization of steel companies are not only to enhance the competitiveness of enterprises but also to better promote the further development and management information level of the steel industry and optimize the allocation of resources in the steel industry. However, can the merger and reorganization of steel companies achieve good merger performance? To determine this, the research based on financial big data on the performance of mergers and acquisitions between companies in the steel industry has become particularly important, and this research has certain significance for improving the management information level of M&A projects.