blackstone code

Chapter 902 No choice

"We meet again, Mr. President."

"Yes, Mr. Lynch, we meet again."

Sitting on the sofa with his legs together at this moment, the Momentary CEO couldn't see that he was berserk in front of his subordinates at all. He was like a lamb waiting for fate, sitting there with his legs clamped.

He couldn't resist, he could only bear it.

This is indeed the case, from the moment the two companies announced that they would acquire Every Moment, he had no way out.

He once thought of using some of the power of Mariro's warlord brother to solve these problems, such as creating some attacks, attacking the person in charge of the takeover or something.

But soon his idea was given up by himself. He knew very well that the federation had always been very cautious in dealing with such matters, and would face a big purge if he was not careful.

With the banks unwilling to help him, the only one who can save him now seems to be the "Mr. Lynch" in front of him. He has no other choice.

"The last time our conversation didn't make me feel happy, did you bring me good news this time?" Lynch's attitude was rare, pressing step by step to his younger brother, Mr. President.

It's a strategy.

The background of the warlords behind every moment has a profound influence on every moment. The endless melee in Mariello over the years has made both the Mariro people and the Mallory people believe that strength is the foundation of everything.

Of course, this is indeed true. Whoever is more powerful will be able to develop a stable life.

Whoever is weak may be overthrown in a few days and die tragically on the street.

They worship the strong and abuse the weak, which has become a habit in their bones, a behavior of life.

While wearing it, the Mallory people slaughtered the Mallory people for no reason, just because of the hatred between each other. In other words, the Mallory people actually did this, and did it more than once.

This made the two sides forge a deadly feud, whoever is stronger can take it all!

When dealing with these people, showing humility will only be looked down upon by them, and only when they show toughness will they temporarily put away their minions——

Lynch can fully imagine that when he gets out of the current predicament every moment, the guy in front of him who looks tired and haggard without sleep for several days, the first thing to do is to find a way to kick himself out of the board of directors, and even put him out of the board. Take away the stocks in your own hands.

His toughness can make the other party more honest for a while, but after this time, many things can be arranged calmly.

The corners of the president's mouth are crooked all the time, as if trying to squeeze out a smile, but failed.

"That is indeed a very unacceptable number, Mr. Lynch, I can't decide..."

Lynch interrupted him, "Then you find someone who can make the decision and talk to me."

"You can't be the master, what are you talking about with me now?"

"Are you joking?"

The impolite counterattack made the president's hands on his knees clenched into fists at every moment, and they were soon loosened.

There is only one chance, and if he loses this chance, he will lose everything.

"After you left that day, I discussed it with my brother, and he said that if it is around 15.00%, there is no problem at all."

He moved his brother out, even though he didn't really want to do it deep down, his brother was good against some small people, but not so good against some big people.

He can only hope that Lynch is still very young and somewhat in awe of the world, what if he succeeds?
Lynch sneered, "Your brother will soon be out of control."

"You can come here, it means that someone has reminded you a little about the details of the takeover war. Once the takeover war is launched, it will inevitably be cleared."

"Now you can't pay, no matter who those small shareholders represent, they have to make a choice," he said.

"The choice of bidding!"

Launching a hostile takeover in the Federation is really not an easy task. It is not the result of negotiation between the two parties, let alone a completely natural market behavior.

This kind of hostile takeover often leads to a series of financial problems, so under the impetus of the FSC and Congress, a series of bills came into being.

Once the party who initiates the acquisition holds more than a certain amount of stock, they have the right to request that the listing be suspended.

According to the FSC, the rights and interests of ordinary shareholders can be protected in this way, so that they will not be smashed to pieces in the collision between the two giants.

Subsequently, it was also stipulated that asset restructuring and privatization must be carried out after the acquisition, and it can only be listed again after everything has ceased.

Most of the time, the party who initiates this kind of hostile takeover has a sufficient budget in terms of funds, and they also have the support of the bank.

They can mortgage the stocks in their hands to the bank at the closing price of the stock market, and borrow money from the bank to continue the acquisition.

As long as the budget is done well, a company with a market value of [-] to [-] million may be leveraged for [-] to [-] million
Of course, this is a normal development process, and there is another possibility that the hostile takeover fails, and the shares held by the hostile party do not count voting rights, and the holders are not allowed to join the board of directors.

The takeover spree ends, the stock relists, the frenzy cools, and the hostile bidder walks out with a big loss.

Now the two companies have launched a hostile takeover war against Shiji, which also means that they are absolutely sure to drag Shiji into the abyss.

There is actually a very interesting question here -

Banks are happy to lend money to the attackers, the hostile bidders, but not to the defenders, which is now all the time.

why?
In fact, the reason is very simple. For the attacking party, their purpose is to make profits, and this has been planned before launching the action.

Whether it is the popular split of Bu Pain or the takeover of the business, any of their actions are aggressive.

In layman's terms, when necessary, they can destroy the company for profit, which is enough to keep the bank from losing money at least-they have a way to legally plunder the company from the acquirer for profit, and they can continue to use it The debt is lost to the acquirer.

But the defensive side will not do this, they will not destroy their own efforts to fight the acquirer, which is a paradox in itself.

This also means that the risk of lending money to a defender is significantly higher than to an acquirer.

Banks have never been charities. The core business of banks is to make money in various ways. It’s just that many people are deceived by the bank’s packaging, thinking that they are some kind of “public welfare organization”

In fact, it is not, they are the most profitable people in the Federation, not one of them.

The bank made the choice before the game even started, so that the president of each moment has no choice at this moment.

His face was a little gloomy, but also hiding anger.

After a while, he suddenly let out a sigh of relief, "20.00%...I agree."

For 70.00% of the tradable shares, the shareholders of Federation probably still have less than 30.00%, and Mr. President himself holds 40.00% to 50.00%.

If Lynch is willing to help him through this difficulty, he can buy back some shares held by minority shareholders to build his own "key votes", and then sell the rest to Lynch.

The only shortcoming is that he may lose his absolute control, but this absolute control does not apply to the federation.

In order to facilitate legal plunder, capitalists will not agree to the existence of "absolute controlling rights" in any company. With the addition of tradable shares, it is rare for the founder of any company to hold more than 50.00% of the company's shares after the company goes public.

No one can do that.

In this way, although Mr. President's shareholding has dropped, as long as he holds key votes, at least he is still not one of the company's largest shareholders.

When he made this decision, he was heartbroken and relaxed at the same time, a very strange experience.

"According to yesterday's closing price, the current market value at every moment is only about 20.00 million federal soles. I bought [-]% of it, which is..."

"About 9000 million."

Lynch is not very sensitive to specific numbers, anyway, it is not bad.

The CEO of Every Moment nodded. In the past, the money could only buy 20.00% to [-]% of Moment's shares, but now, it is worth [-]%.

It didn't take long for people from the bank to come here.

As the supreme honored guest of Jinhui Bank, Lynch enjoys the top service.

For example, call accountants, auditors, lawyers... and other professional employees of the bank at any time in 24 hours to provide services for themselves.

They also brought portable typewriters and contract templates, and even the people from the FSC came.

In such a takeover battle, a large number of shares change hands and must be reported to the FSC.

They will not specifically intervene in the transaction, and can even treat them as invisible people, but they must know the details and know whether the transaction complies with the rules.

Witnessed by the FSC and bank staff, Lynch and the president of Every Moment signed their names on the two equity transfer contracts.

Looking at this transfer contract, Mr. President felt relieved and seemed helpless every moment.

The betrayal of the minority shareholders made him very hurt. Of course, this cannot be called a betrayal. When the capitalists got out of their mother's stomach, they had money in their minds.

Selling the things in your hands at a premium to an appropriate price to earn huge profits will not only not be condemned, but will become the object of people's pursuit.

This is "correctness" in capitalist society, people no longer pay attention to such qualities as "loyalty", "etiquette", "honesty", "virtue".

In the face of interests, these have been abandoned, this is the "sweetness" of the Federation.

As long as people can abandon some without any worries, they will naturally have no burden, be free and "sweet".

　I went to the hospital for treatment in the afternoon, came back late, and there was another update

　
(End of this chapter)