Rebirth of the Strongest Tycoon

Chapter 320 Buy Sing Tao News Corporation?

"Yes boss, the crisis of Sing Tao News Corporation is very serious, to the point of life and death."

Yan Wenhan's smile subsided, and he said solemnly.

Seeing that the boss Xia Yu's expression became serious, Yan Wenhan continued to tell what he knew.

"The most fundamental problem facing Sing Tao News Corporation is lack of money, and the resulting series of situations can be summarized into three aspects."

"The first is the debt collection by the bank. Now the bank account has been frozen. I heard that Sing Tao News Group has loaned to many banks. The largest one is from Hong Kong Commercial Bank, with a loan of 10 million Hong Kong dollars. Now there are many banks. Come and ask for money."

"Second, there are many advertisers claiming that because of fraudulent sales, they have already been involved in fraud. Many advertisers have sent people to stay downstairs at Sing Tao News Group, asking them to return the advertising money privately, and some even ask Sing Tao News. Island News Corporation doubles the damages or takes it to court for commercial fraud."

"The last point is also the most serious. Now Sing Tao News Group is still in a state of closure for rectification. All its employees are closed. Now their accounts are frozen, their wages cannot be paid, and their employees are already restless. According to the current situation, they want to Reopening the business does not solve the problems of advertisers and banks, and even if the Hong Kong government lets it go, it is estimated that it will be a long way off.”

"So now it has become a dead end. The only way to survive is to immediately take out the money to solve the problems of advertisers and banks, so that we can find a way to resume the publication."

"But given the current situation of Sing Tao News Corporation, no one would dare to lend money to Hu Xian, that's why she thought of selling the company to get away, otherwise, not only would the company go bankrupt, Hu Xian would even face jail. "

After listening to Yan Wenhan's words, Xia Yu's eyes were as deep as a starry sky, and he frowned in thought.

According to Yan Wenhan's words, the life of Sing Tao News Group is really difficult. To put it bluntly, it has reached the point of life and death.

If you don’t spend money to solve the problem, there is no hope of resuming the publication at all, and the employees’ salaries cannot be paid. If there is no hope, the employees will definitely leave.

But as soon as the employee leaves and the team disperses, the game is really over, and it is useless to take out the money.

Therefore, as Yan Wenhan said, Hu Xian's only solution is to take out the money and pay the bank immediately, then solve the problem of the advertisers, and finally find a way to make his newspapers resume publication and continue to make money.

But here comes the problem!

Even if its newspapers resume publication, with the dark history of Sing Tao News Group's sales fraud,

Which advertiser dares to advertise?

And also take into account the possible situation when sales plummet!

There is no advertising revenue, sales are declining, and the company has to spend money to operate. What kind of money can you make just by selling newspapers? It's Hu Xian's ability to be able to flatten it!

Therefore, even if the publication resumes, the value of Sing Tao News Group will be greatly reduced. It is not bad to be able to persist in survival.

"Bankruptcy and prison are two knives hanging over his head. Hu Xian thinks of selling the company, it's really possible!"

Xia Yu thought to himself.

Finding a strong buyer, transferring all risks and debts to the new boss, and getting a sum of money along the way, is the difference between bankruptcy and jail time!

Of course, the premise is that Hu Xian can find someone who has both strength and is willing to take this risk to take over the company!

And Xia Yu can say without hesitation, he has this ability and strength!

If Sing Tao News Group can be acquired, then...

Thinking of this, a light flashed in Xia Yu's eyes.

"Is this news released by Sing Tao News Group, or did you send someone to inquire about it secretly?"

Xia Yu asked seriously, he had to figure this out before he could make a correct thinking and judgment.

Yan Wenhan was taken aback for a moment, his brows were slightly wrinkled and he said, "It was the news leaked by Sing Tao News Group, but in my opinion, it should have been leaked on purpose."

"Why do you think so?"

Xia Yu asked.

"Because I also got a gossip, I heard that Hu Xian was furious at the company and scolded the British. It must be the British behind the scenes."

"Those advertisers who stubbornly refuse to let go are ordered by the British unless she sells the company, but I heard that the price is too low, and Hu Xian is unwilling to sell it."

"So I guess it should be the news that Hu Xian deliberately released, either to take the opportunity to attract more buyers, or new buyers to pay high prices, or to force the British to pay high prices."

Yan Wenhan said with a serious expression, and then looked at Xia Yu, waiting for the boss's order.

Xia Yu frowned slightly, and his brain turned quickly.

"British?"

"It is very possible for the British to take advantage of the situation, but who is it? To force a arrogant person like Hu Xian to bow his head, and he can only secretly spread the news. There are so many powerful British people, who is it? "

"Wenhan, do you know who wants to take advantage of the fire?"

Xia Yu asked.

"I don't know about this, but I have already sent someone to inquire about it before I came. I don't know if I can inquire."

Yan Wenhan said truthfully.

Xia Yu nodded slightly and didn't ask more. He frowned and thought for a while, and said, "Forget it, it doesn't matter who it is, the important thing is that we find a way to buy Sing Tao News Group."

"Buy it?"

Yan Wenhan's eyes widened in surprise, he really didn't expect to buy it.

As soon as he got the news, a thought came to his mind, Sing Tao News Group no longer had any threat, and the dominance of Jiuding Newspaper Company was completely stabilized. In the future, the media industry would be dominated by Jiuding Newspaper Company.

He never thought about buying it because he didn't think it was worth it, and the risk of buying it was too high. In the case of Jiuding Newspaper Company, there was no need to buy it.

Besides, even if Jiuding Newspaper Company wants to buy it, it is hard to say whether Hu Xian is willing to sell it!

To know that Sing Tao News Group has come to this point and trace its origins, it is still to blame on Jiuding Newspaper Company. The two sides are enemies. It is estimated that Hu Xian is not willing to sell to Jiuding Newspaper Company.

"Boss, is it possible to buy this? And it's not worth it, right? The price should be high."

Yan Wenhan asked in confusion.

The corner of Xia Yu's mouth curled up and said, "How do you know if you don't try? What if it's possible?"

"As for whether it's worth it, as long as it's in our hands, it's worth it. The price can only be known after we talk about it, until we talk about it's worth it!"

Xia Yu really wanted to buy Sing Tao News Group.

Expensive?

The price is cut until it is reasonable!

Risky?

It varies from person to person. It is a huge risk for Hu Xian. Putting it on Xia Yu is a pediatric department, and he can easily resolve it!

Moreover, when Sing Tao News Group is in his hands, it is better than in the hands of others. At least the potential threat will disappear, and its own strength can be enhanced.

Even though "Sing Tao Daily" and "English Standard" are homogenized with the newspapers under the Jiuding Newspaper Company, Xia Yu has a way to rectify them.

The media market is so big that one or two hundred newspapers in Heung Kong will be accommodated, and there are many newspapers that are homogeneous with the newspapers of Jiuding Newspaper Company, but what can we do?

As long as the quality of newspapers is improved and the positioning is done well, won't it be enough to grab the market of other newspapers?

Or the newspaper should be revised to avoid homogenous competition with other newspapers under the Jiuding Newspaper Company. It can't beat "Jiuding Daily" and "Fengyun Daily", etc., and can it beat other newspapers?

With Jiuding News Agency in hand, Xia Yu is not worried about not having high-quality news to publish, but only that there are not enough newspapers in his hand, and there is not enough space to report all the news!

"The boss, I'll try it right away."

Seeing the boss's attitude, although Yan Wenhan was dubious, he nodded and agreed.

After a while, Yan Wenhan went out full of thoughts. When the morning was about to pass, Yan Wenhan came to the office again, and he still had an unbelievable look in his eyes.

"Boss, I went to test Hu Xian, but she didn't refuse, but said she wanted to meet you."

Yan Wenhan reported.

If there is no rejection, it is possible, and if you want to meet the boss Xia Yu, then the hope is even greater. As long as the negotiation is good, it is really possible to buy it.

The specific situation at that time will depend on the boss's means!

"see me?"

"No problem, promise her, and let her decide the place and time."

The corner of Xia Yu's mouth twitched, and she said easily, letting Hu Xian set the time and place, she would definitely feel Xia Yu's kindness, even if she was angry, it would be eliminated by then, which would be more beneficial to the negotiation.

"Okay, I'll reply to her right away!"

Yan Wenhan nodded heavily and said.

"Go, hurry up!"

Xia Yu nodded with a smile.

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