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英语翻译2.For example,if an acquirer announces amerger in a year

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英语翻译
2.For example,if an acquirer announces amerger in a year and uses stock as the payment method then in order to be included in our sample it cannot have different paymenttypes (e.g.cash) in the surrounding year (22) to year ( 1) of that announcement.Thisrequirement further reduces our sample to 1,470merger announcements by 1,118 uniquefirms.When we filter in a more conservative manner,by considering mergerannouncements where the acquirer undertakes only one deal during the entire sampleperiod (1990-2010) the sample reduces to 734 unique announcements of 734 uniqueacquirers.We label these two samples as “inclusive” and “conservative”,respectively,throughout this paper and use both samples in our analyses.
例如,如果一家公司在某年宣布合并,而且使用股票作为支付方式,然后为了被包含在我们的样本中,在距离宣布日期所在年份的最近几年(22)不能有不同的付款方式 (如现金).这个要求使我们的合并公告的1470个样本减少了1118个不同的公司.当我们以更保守的方式过滤筛选,也就是通过考虑那些收购方在整个样本期间(1990-2010)只有一起交易的这些合并公告时,样本就减少到734个,这734个公告就是由这734个不同的收购方组成.在整个论文中这两个样本我们分别标签为“包容”和“保守”,并且分析时两个样本都会用.