I earn really hard money

Chapter 237 The Poison Pill Project (seeking a wave of subscriptions)
Bai Zongwei sat in the study with cold eyes, surrounded by a trader who helped him with the transaction. After hearing He Xia's words, he was shocked and pretended to be calm: "Could it be that you still want my company to go bankrupt!"

"Hehe, then you are talking nonsense. Even if Sky Art is delisted from NASDAQ, it will not affect the future development of Sky Art!"

What Bai Zongwei said is the fact that delisting will definitely have a certain impact on the company's development, but if you want to say that it will go bankrupt or go bankrupt due to delisting, you have to judge according to the specific situation, and most of the time it will not.

What's more, Sky Arts' business in China is very good. The theater department is thriving, the development of online dramas is flourishing, and the variety show department is quite satisfactory. Delisting from the beautiful country will not cause a great negative impact on domestic operations.

This is also one of the reasons why we chose to list overseas!

The corner of He Xia's mouth twitched lightly, and when he was about to speak, he heard two soft beeps, and another call came in, and he saw Jiao Tianming!
"It's getting late, you should go to bed early, things haven't reached that point yet, don't worry too much."

After all, He Xia hung up Bai Zongwei's call.

Those who didn’t know thought it was an acquaintance who was comforting Bai Zongwei. In fact, what He Xia said hadn’t reached that point meant that he didn’t have enough stocks at the moment, and there was no way to kick Bai Zongwei from the position of the largest shareholder!
After hanging up the phone, He Xia connected Jiao Tianming's call without any hassle.

"Mr. He, is it convenient to talk?"

When the phone was connected, Jiao Tianming said hastily, with a hint of joy in his tone.

"Listen to your tone, things are progressing?"

He Xia asked with a smile.

"improvement!"

Jiao Tianming directly affirmed, and then said: "I have invited two shareholders here. If it is convenient, you can talk directly, but I didn't talk about the acquisition. I only said that you are very optimistic about our company."

He is just a middleman, he is not qualified to participate in the matter of building bridges and talking about prices.

"well done!"

He Xia was very satisfied with Jiao Tianming's rhetoric, and it came at a very timely time. He needed to acquire a certain amount of Sky Art's stock, and he could immediately start the compulsory acquisition.

Does he really want Sky Art?

That's not it.

The main purpose is to fight against the guy who once disgusted me. If he can buy it at a low price, it will be a trophy, merged into Xia Tian Entertainment, and expand the scale of the industry.

After a while, Jiao Tianming created a WeChat group and pulled the three of them into the group.

On He Xia's side, Lawyer Zhang was awakened from his slumber. When it comes to equity delivery, he needs to be guided by an expert by his side.

The negotiation process was surprisingly smooth, so smooth that even He Xia was a little surprised...

In the final result, a total of more than 1000 million shares were traded at a price of US$2.2 per share, slightly lower than the market price, but very in line with the market.

If a listed company is in full swing, and almost everyone in the world knows that the company has a bright future, the stock price will be higher than the market price when a large transaction is made.

On the contrary, in Sky Art's current situation, the market conditions are bleak, capital confidence is obviously insufficient, and the prospects are bleak, so the price of a large transaction will be lower than the market price.

The price of 2.2 US dollars is definitely not satisfactory for the two shareholders, but it is the best result so far.

If a stock of this magnitude is put on the market and sold for cash, not to mention the restrictions on the rules, the stock price will be crushed in an instant, and the price may fall below a dollar!
Under the circumstances of your preference and my willingness, and with the assistance of legal personnel from both parties, the transaction was completed immediately, and 1000 million shares were transferred to He Xia's name.

Overnight, He Xia owned 30.00% of the shares of Sky Art, which was less than 33.34 million shares away from the so-called one-vote veto (100%).

After the market closed, it was already four o'clock in the morning, and He Xia was about to take a rest when the phone rang...

After washing up, he walked out of the bathroom, went to the bedroom and picked up the phone to look at it. The number looked familiar, and adding Pengcheng's number segment, he immediately remembered that it was Bai Zongwei who called in the middle of the night.

He picked up the phone without hesitation.

"My surname is He, it turns out that your purpose is to control Sky Art by purchasing stocks, ha ha, what a good plan!"

The phone was connected, and Bai Zongwei's voice came from the phone. It sounded calm, but it could feel the suppressed strong anger, just like a volcano before it erupted.

Half an hour ago, he learned that the two major shareholders of the board of directors had emptied their stocks through private transactions!

Those two originally held 700 million shares each, but they reduced some of their holdings through the secondary market. They still held 1000 million shares. They didn't expect to find a buyer and transfer them directly...

Originally, this result was enough to make Bai Zongwei upset, but when he learned about the price and the transferee, he was in a bad mood.

If He Xia blindly shorted Sky Arts, Bai Zongwei would be worried, but not afraid, but He Xia started to buy stocks, which made Bai Zongwei feel an inexplicable panic.

Faced with Bai Zongwei's direct exposure of his thoughts, He Xia would naturally not admit it foolishly, because the matter has not yet reached the point where it is sure.

"What are you talking about? Are you referring to the fact that I bought some stocks in Sky Art? I made a fortune by shorting, and I went long backhanded, can't I?"

"Short made a fortune, backhanded long..."

Bai Zongwei's face twitched, he was so angry that he couldn't help but slap He Xia across the air, knowing in his heart that this was just He Xia's rhetoric, and his real purpose was probably to control Sky Arts through equity.

He took a deep breath and said: "Your plot will not succeed, just wait, I will launch the poison pill plan tomorrow!"

After speaking, Bai Zongwei hung up the phone.

"Poison pill..."

He Xia looked at the screen of the mobile phone. He had heard Zhou Shiliu say this word before, and he had a general understanding of it, but he didn't quite understand it, so he quickly looked it up on the Internet.

The so-called poison pill plan was invented in [-] by Martin Lipton, a beautiful country mergers and acquisitions lawyer. Sometimes, in order to keep its controlling interest, the company will issue a large number of new shares at low prices.

The purpose is to reduce the proportion of stocks in the hands of the acquirer, dilute the equity, and increase the cost of acquisition at the same time, so that the acquirer cannot achieve the goal of holding shares!

In its most common form, the acquirer hostilely acquires a large stake in the target company, a poison pill can be launched, and new shares are issued to the market, giving all other shareholders the opportunity to buy new shares at a low price.

This greatly dilutes the acquirer's equity, which in turn makes the acquisition expensive, thereby achieving the purpose of resisting the acquisition.

The poison pill plan is very powerful. Once it is implemented, there are basically no cases of failure...

This record made He Xiadun feel a little overwhelmed!
"Total victory, um..."

He Xia stared at the computer, feeling that the problem was tricky. Suddenly, he saw a key point!

Launching the poison pill plan is not without a premise, and this premise is to prove that the acquirer is a hostile takeover.

This is a very important point. Only when the other party proves that the acquisition is malicious through a series of evidence can the plan be launched, and how to define this maliciousness is hard to say!
After the poison pill plan was launched, the record was almost complete, but not every company that wanted to start the poison pill plan could get what it wanted!

It was an interesting and challenging thing, and He Xia instantly felt relieved. He called Siegfried, and the two discussed for a long time on how to prevent Tianyi from launching the poison pill plan.

Faced with this problem, Siegfried, a veteran financial expert, has a unique way of dealing with it.

The greatness of language lies in the fact that the same thing can be said in reverse, in the opposite direction, in reverse, and in the right direction, all of which can have different effects.

College girls behave badly, go to bars at night to earn extra money, it is disgusting.

The bar girl is desperate to make money, just to study hard to pay the tuition fee, which is inspiring!
A group of tomb robbers dug graves and destroyed cultural relics, violating discipline and law.

In order to save cultural relics and commit suicide to explore the crypt, a model of the times!

It is disrespectful to smoke while knocking on wooden fish to recite Buddhist scriptures.

Throwing and reducing holdings while smoking and chanting Buddhist scriptures, great perseverance!

After some deliberation by He Xia and Siegfried, a hostile takeover can be turned into a kind-hearted gift in a timely manner!

art.

The sky was turning white, and He Xia lay down, slept for three or four hours, and got up from the bed around ten o'clock.

After getting up, he simply washed up, and immediately called lawyer Zhang to the room to explain some things, mainly for the poison pill plan launched by Sky Art. Whether it succeeds or fails, it needs to be prepared.

Immediately afterwards, he contacted Jiao Tianming and asked him to spread his favorable remarks to Sky Arts at the right time.

As a former department manager, although he was slapped, he still has some influence in the company. It is not difficult to spread a little bit of speech.

After finishing all this, He Xia browsed domestic and foreign news reports while having breakfast, and saw news reports about herself from some financial media and entertainment news!
"Summer Entertainment Invests in Helping the Difficult Sky Arts to Get Out of the Mire"

"Redemption Between Peers"

"Sky Art's original board of directors and shareholders have sold off one after another, whether summer entertainment can survive the crisis safely"

Siegfried, as a senior financial practitioner with a slanted sword, considered the poison pill plan when He Xia first told him the ultimate goal.

The first draft of these press releases has been prepared in advance for emergencies. If they really need to be released, they only need to modify some key lines and dialogues, which is very thoughtful!

"So many methods, just to deal with a small company with a market value of hundreds of millions of dollars, it's really an overkill!"

He Xia turned off the phone screen, took a sip of soy milk, and planned in his mind that when things were done, he would go for a walk around Feipeng City.

But at this moment in Pengcheng, in Sky Art Company, Bai Zongwei held a board meeting with panda eyes on his head!

This time there were very few participants, only five people...

The things discussed are also very simple, there is only one thing, and that is to start the poison pill plan.

result……

Only within the board of directors, opinions are not unified!

Other members of the board of directors believe that Bai Zongwei's purpose of launching the poison pill plan is not pure.

Because sometimes, the poison pill plan is not completely used to oppose the acquisition, but it can also be used as a delaying tactic in order to get a better offer.

Now in Sky Arts, Bai Zongwei holds the most shares, followed by He Xia.

Initiating the poison pill plan under such circumstances is a kind of harm to other major shareholders. They have to spend money to increase their holdings in order to maintain their current shareholding ratio.

It doesn't matter if the opinion is not merged, because currently, apart from Bai Zongwei, no second shareholder has a veto right, so he still decided to submit an application to Nasdaq, launch the poison pill plan, and issue [-] million additional shares!

After the successful launch, Sky Art's tradable shares will reach [-] million shares, but the price will also drop further, and it is not uncommon for it to fall below $[-] per share...

But at the same time, He Xia's share of stocks was cut in half immediately, and the original share of 30.00% will be reduced to [-]. He needs to continue to spend money to buy stocks!

Bai Zongwei can make up his mind on the internal decisions of Sky Arts, but he cannot decide on matters in the stock market.

The application was submitted, but it was quickly rejected...

The reason is very simple. According to the current situation, Summer Entertainment's acquisition of Sky Arts does not constitute a hostile takeover.

Bai Zongwei couldn't understand why it was not a hostile takeover when He Xia secretly took advantage of the loopholes in the rules to buy shares of Sky Arts.

But when he saw the overwhelming press releases, as well as Xia Wenyu's series of proposals on the reform of the Pengcheng Cinema project, the copyright investment of online dramas, and the renewal of variety shows, he was stunned.

If it wasn't for him knowing He Xia's motives clearly, he even thought that Xia Tian Entertainment was saving Sky Art from the brink of crisis?
This big move of the universe directly stunned Bai Zongwei...

At this moment, he can't wait to expose himself and hold a press conference: He Xia is engaging in a hostile takeover, and he is targeting me, because I cheated him a while ago, called someone to intentionally destroy the recording hall, and asked people to find fault!
It's a pity that these words cannot be said, and the consequences are even more terrible.

The poison pill plan failed, and Bai Zongwei was in a bad mood.

"Old Bai, a friend, I really can't bear to watch you lose to Pengcheng in the end. I still have 400 million shares in my hand, which can be transferred to you, so that you can secure your position as the largest shareholder without being surnamed He The boy succeeded."

Director Zhang visited Bai Zongwei, intending to clear his stocks.

"Old Zhang, you have a heart, tell me, how much is the transfer?"

Bai Zongwei is weak, and has been developing for more than ten years. He sees tall buildings rise and collapses.

"A total of 1000 million shares, don't count fractions, [-] two million dollars."

Director Zhang said seriously, recalling that Director Hu decisively sold last week, the average transaction price per share was around $[-], which made people drool with envy.

It's a pity that this time and that time, it's hard to imagine whether Sky Arts will return to Five Dollars in the future.

After some stocks plummeted, they could not recover for more than ten years, and they have been lying on the ground without recovery.

Bai Zongwei opened his eyes and looked at Director Zhang, and the corners of his mouth couldn't help twitching: "I thought you were a friend, but you came here to stab a knife! The market has fallen to just over two dollars, and you want me to pay three dollars a share. !"

Director Zhang waved his hands again and again, and said with a smile: "Old Bai, you can't say that. If the stocks in Mr. He's hands exceed yours, you will know the consequences yourself."

Just now, he was still a boy named He, but after a word, he has become a boy He. If he can't get along with Bai Zongwei, he will become Xiao He, He Xia, Mr. He...

"800 million dollars, this is my bottom line, I have no money!"

Bai Zongwei made an eight.

The smile on Director Zhang’s face froze, and he cut off 400 million US dollars at once. This money is enough to buy a good manor in Europe. How can there be such a bargain, thinking that buying rough jadeite in Myanmar!
(Seeking a wave of subscriptions, appealing to support the genuine version, thank you all book friends)

(End of this chapter)