Rebirth of the Evil Life

Chapter 309: Acquiring New Wolves

After Mr. Zong’s impassioned declaration, the stock price of Xinwolf.com fell to $29 in the public opinion circles.

The next day, at the regular daily meeting of the New Wolf Net.

Mr. Cao looked at the expressions of the members of the board of directors, as if he had dug their ancestral graves, with an expression of hatred and bitterness, which made Mr. Cao extremely unnatural. ——Damn it, didn't you just say a few words, usually you have often criticized Lin Feng, why are you looking at me like this! I was just speaking everyone's heart, and I just happened to be framed by the damn reporter!

Everyone in the board of directors looked at Mr. Cao with resentment in their eyes. The company's stock price had been rising steadily and the situation was good, but after he criticized him, the stock price immediately fell below 3 yuan. How could these board members not be annoyed. Their fortunes are all on Xinwolf.com. In the past few years, Xinwolf.com has not made any money. Now that it has managed to make money, how can they tolerate Xinwolf.com returning to its previous embarrassment.

"Okay, let's start discussing the work plan for next week." Mr. Cao gave the group of shareholders a helpless look. The shareholding structure of New Wolf.com is too scattered. As a person, he only holds 7% of the shares, and he is already the largest individual shareholder. It is precisely because of this that the new wolf net sects are flourishing. Every shareholder meeting is no less than an American election.

In the end, this daily meeting passed in boredom.

But after the meeting, Mr. Cao called the entertainment reporter who interviewed him.

"Hey, isn't our association going to be anonymous? How do you do things?" Mr. Cao scolded.

"Boss Cao was wronged, but I am anonymous." The entertainment reporter was scolded face to face, but he was not in a hurry, instead he kept calling for grievances.

"But the sentence you edited let others know my identity. Aren't you making me mess up! Is there a reporter like you!" Mr. Cao was in a hurry, because of this report, which now made him extremely passive.

"I can't help it. I'm just a little reporter. It's just a typo. Or, I'll write you an apology statement. What do you think?" The entertainment reporter said very "sincerely". But the tone made people feel like they were playing a rogue no matter how they heard it.

Mr. Cao was speechless for a while. At this time, it is useless to write an apology statement, but it is not that there is no silver three hundred taels here. It is more obvious to tell everyone that it is he who Cao said. Isn't that sending bullets to the "enemy" to hit yourself!

Although Mr. Cao was extremely angry and dissatisfied. But the other party is willing to apologize and make amends. What else can he say? Although this apology makes amends. In Mr. Cao's view, it may be the other party's rogue methods, but Mr. Cao is helpless. This time I can only suffer from being dumb.

Go to court? Mr. Cao thought for a moment. then give up. Litigation with entertainment newspapers.

The one who suffers is always oneself. A dozen lawsuits. Regardless of victory or defeat. The other party's reputation will rise immediately, and I'm afraid it will still wish you to file a lawsuit. The more the lawsuit is fought, the better the sales will be.

In the end, Mr. Cao could only make up his mind not to accept interviews from these damned entertainment reporters.

at this time. Inside the "Second World" headquarters.

"What is Director Lin going to do?" Hearing that Lin Feng wanted to clean up the new wolf net, Wu Zhaopu's mind became active.

"Hehe, Mr. Wu, I'm going to buy a new wolf net." Lin Feng smiled cunningly.

Wu Zhaopu's eyes lit up. Compared to Sohu, which belongs to Zhang Chaoyang, and NetEase, which belongs to Ding Lei, Xinlang.com has become a "lonely ghost" without an owner because of too scattered equity, and it is also the only listed company that may be acquired by a domestic portal website.

"But I'm afraid they will launch the 'Poison Pill Project', which may make it difficult to acquire Xinlangwang, and cause a lot of commotion." Wu Zhaopu said worriedly.

The "poison pill" plan has long been an ideal weapon for the stock market to fight against hostile takeovers. It was invented by the famous American mergers and acquisitions lawyer Martin Lipton (n) in 1982, and its official name is "equity dilution anti-takeover measures."

In its most common form, a poison pill kicks in once an unauthorized party acquires a substantial stake (typically up to 20 percent) in a target company, flooding the market with new shares. Once the poison pill is triggered, all other shareholders have the opportunity to buy new shares at a low price. This can greatly dilute the acquirer's equity, which in turn makes the acquisition costly, thereby achieving the purpose of resisting the acquisition.

"Don't worry, I've been prepared for this." Lin Feng said confidently.

Back then, "Shanda" acquired Sina, but it was defeated by Sina's "poison pill" plan. Although they cashed out the stock afterwards and made more than 100 million U.S. dollars from it, they failed to achieve the original acquisition goal. Lin Feng will not repeat the same mistakes, he has more resources for himself to use.

Lin Feng murmured in Wu Zhaopu's ear for a while, and after listening, Wu Zhaopu gave a thumbs up, saying that Lin Feng was shrewd.

Three days later, Li Zekai and Lin Feng completed the transfer of the C% equity of MM.com, and Lin Feng had US$21.3 billion in his hands. Lin Feng contacted Goldman Sachs' Chief Analysis Officer - Abby Cohen again, and entrusted Goldman Sachs to secretly acquire the shares of Xinlangwang.

In just three days, under the lightning acquisition by Goldman Sachs, Lin Feng owned 20 million shares of New Wolf.com and bought 95% of the shares of New Wolf.com at a cost of 58 million US dollars. However, this secret acquisition was finally discovered by Xinlangwang.

"Mr. Cao, our company's stock has been bought by people." Yu Jun, the chief financial officer of Xinlang.com, broke into Mr. Cao's office and said hastily.

"What? Do you know who it is?" Mr. Cao asked anxiously, his face darkened.

"I don't know, but this mysterious buyer has acquired 95% of our company's shares and has become the largest shareholder." The analyst also said with a headache. He has tried his best to investigate, but he can't find out who is behind it.

Yu Jun naturally didn't know that there was a shadow of Goldman Sachs behind this scene. With Goldman Sachs' status on Wall Street, it was too easy to be entrusted by Lin Feng to secretly acquire a listed company in the secondary market. It's hard to find out.

Mr. Cao's face suddenly darkened, and the unknown opponent was the most terrifying.

"Mr. Cao, what are we going to do now? Our management holds % of the shares and the mysterious buyer has become the largest shareholder. Although there are not many remaining stocks in the market, if he contacts other shareholders before the next shareholders meeting and gets them Support, if you join the board of directors, we will threaten you!" Yu Jun looked anxious.

Mr. Cao was silent, thinking of countermeasures. But even the opponent doesn't know who and how to come up with countermeasures.

"Mr. Cao, do you want to launch the 'Poison Pill' plan?" Chief Financial Officer Yu Jun asked.

Mr. Cao frowned. The "poison pill" plan is indeed the best way to deal with this kind of hostile takeover, but it is a double-edged sword that hurts both the enemy and oneself. If it is not necessary, it is best not to sacrifice this ultimate "killer". What's more, Xinwolf.com has managed to get out of the quagmire with great difficulty and is proud of other domestic portals. Once the "poison pill" plan is launched, it may fall into the quagmire again.

If there is no need for life and death, President Cao is absolutely unwilling to use this kind of move that hurts one thousand enemies and hurts himself eight hundred. The "poison pill" plan can only serve as a deterrent like the atomic bomb.

"We don't need to hold a shareholder meeting for the time being. We will start the (management self-acquisition) plan. First, we will temporarily acquire a part of the stock, maintain control of the company, and wait and see what happens." Mr. Cao thought for a while and said safely.

Subsequently, the management of New Wolf.com headed by Mr. Cao spent 27.9 million US dollars to repurchase 9% of New Wolf.com shares and became the largest shareholder of New Wolf.com. Mr. Cao also held a press conference to announce the operation. The industry is a bit baffled by the sudden launch plan of New Wolf.com, and they have speculated whether New Wolf.com has entered a new round of equity change cycle (New Wolf.com has too many precedents, so many experts in the industry are already a bit confused).

However, at the press conference, Mr. Cao just admitted that this is a routine method used by New Wolf.com to improve the financial situation of New Wolf.com, enhance the executive ability of the board of directors of New Wolf.com, and accelerate the development of New Wolf.com.

In this regard, financial experts in the industry still appreciate it. After all, the shareholding structure of New Wolf.com is too scattered, and it is always a good thing to increase the management's shareholding. It has a significant effect on the long-term development of Xinwolf.com. However, many financial experts always feel that it is not so calm on the surface, and there seems to be some waves hidden.

After Mr. Cao held a new press conference, he also began to pay close attention to the stock market of New Wolf.com to see if the black hand behind the scenes would jump out of the water. At this time, due to Lin Feng's secret acquisition and the repurchase of New Wolf.com, the stock of New Wolf.com has quietly risen to 31 US dollars.

"Lin, the management of Xinwolf.com repurchased 9% of the shares, owning 20% ​​of the shares, and became the largest shareholder of Xinwolf.com again. There are still about 8% of the outstanding shares in the market. Do you want to continue to buy?" Abby Cohen called.

"No need, that's enough." Lin Feng smiled. I don't want to buy New Wolf.com in one go. The market shares only account for 1% of the total share capital of New Wolf.com, which is not enough to complete the acquisition. Once the upper limit of the "Poison Pill" plan is exceeded, Lin Feng can be sure that Boss Cao will immediately implement the "Poison Pill" plan regardless of everything. Lin Feng does not want that kind of result that hurts both sides.

95%, just now!

In the afternoon, Lin Feng held a press conference to announce that he had acquired 95% of Xinlang shares and became the largest individual shareholder of Xinwolf.com.

This news was almost like a bolt from the blue, shocking all the reporters on the spot! In the morning, New Wolf.com just announced that the management of New Wolf.com had repurchased 9% of the shares. In the afternoon, Lin Feng announced that he had acquired 95% of the shares of New Wolf.com, becoming the largest individual shareholder of New Wolf.com. If there is no connection between the two, they will not believe it if they are killed.

Min's reporter immediately raised a question, asking whether Lin Feng had counterattacked and retaliated against the previous article signed "Analysis of a certain industry president". Anyone with a discerning eye will know who the person who published this article is, and his identity has almost become an open secret.

"Hehe, I just think that the stock price of Xinwolf.com is relatively low now, and Xinwolf.com has great development prospects, so I made an investment. Remember, this is an investment, not an acquisition." Lin Feng said slyly.

Although Lin Feng did not admit that it was an acquisition, it was just an investment, but to many reporters, this was no different from an acquisition. Moreover, in connection with the previous relationship between the two companies, Xinlang.com snatched the agency rights of "Magic Baby" from "Second World" and provoked "Second World" again and again. "A certain industry president" just published an article In response to the "Second World" criticism article, in the past three days, Lin Fengbian suddenly announced that he had acquired 95% of the shares of New Wolf.com. If this was not a retaliatory act, then the world would not have retaliated.

Didn't you say that we don't have enough funds, so we bought your new wolf to prove it to you. ——Many reporters speculated that this was Lin Feng's inner voice.

Although Lin Feng has been clinging to the word "investment" and refuses to reveal any more surprises, for the reporters, it is enough for them to use their imaginations. You should know that this acquisition is the first in Asia in the stock market. One company acquires another company. In addition to the previous grievances between the two companies, this time the news has been fired again. Why worry about the sales of newspapers!

However, all the reporters selectively ignored the word "investment" that Lin Feng emphasized on the pronunciation, and Lin Feng always said "I" instead of "the second world".

As soon as the news of Lin Feng's acquisition of 95% of Xinlang.com's shares spread, it immediately sparked heated discussions. The first to be shocked were the many online game companies in the industry.

Is "Second World" this time a friendly merger or a hostile takeover? If it is a bona fide acquisition, many online game companies that are already struggling to make ends meet may have no way out in the future.

Now, "Legend" of "Second World" has killed role-playing online games, "Counter-Strike ne" has killed first-person shooter online games, and "Audition All-Star Lineup" has killed leisure and entertainment online games. The launch of "Fighting Soccer" began to fully invade sports online games, and the only fertile ground for second-rate online game companies like them in the market were 2D turn-based online games and 3D role-playing online games.

And these two types, the space is small, the market cake is limited, everyone is now desperately trying to seize the territory in these two remaining cake markets. If Lin Feng bought Xinlangwang. The 2D turn-based online game will definitely become the possession of "Second World", and by the way, it also owns the number one portal website in China, and the position of "Second World" in the game industry is even more unbreakable.

For online game companies like them, only the 3D online game market remains. But the entire game industry knows that "Second World" is developing a 3D~ version of "Swordsman Love", once it comes out, it will be another tragic fight. Although the online game market depends on the quality of the games, how can they compete with Lin Feng when there are no good works and no liquidity?

But if it is not a friendly merger, but a hostile one, then things will be even worse. (To be continued, if you want to know what happens next, please log in to m, more chapters, support the author, support genuine reading!)

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