And so...what you're noticing is a fair mount of mergers and acquisitions, meaning less efficeint businesses are collapsing into biger businesses.

所以你会看到,企业间大量的,兼并，这意味着,工作效率低下的企业,会垮台，被更大的企业吞并。

普林斯顿公开课 - 国际座谈会课程节选

Most of our real estate exposure is institutional -acquisitions of office buildings -largely in major markets-- central business districts.

我们大多数不动产投资是机构性的,比如主要是在商业中心地区,大量收购写字楼

耶鲁公开课 - 金融市场课程节选