Rebirth of England.

"John?"

When Jenny's voice sounded beside him, John Smith suddenly came back to his senses, met her puzzled gaze, and said quickly:

"Nothing, just a little tired today."

John's behavior did not make Jenny feel that there was anything wrong, so she said casually:

"Then you should go and rest for a while. I need to go out for a while. Chris and the others are coming to New York."

Hearing Jenny's words, John was silent for a moment and nodded.

Chris is the Countess of Bute. Just like last year, they don't always live on Lanai. The women will make appointments to go out for a stroll from time to time, for example, to some cities in Australia, or New York and Los Angeles in the United States. Anyway, they have private jets, so it is very convenient.

Because John Smith had to attend some business meetings recently, the couple left Maryland and came to New York these days. It was a good opportunity for Jenny to invite the ladies to go out and have fun together.

After Jenny left, John Smith did not return to the bedroom, but went into the study.

Sitting on the chair, with only a dim desk lamp on in the room, he couldn't help but think of the scene when he just met the head of the Leading Group.

……

"In fact, the reason I met you this time is because I have a plan..."

After hearing F. William McKenna III's straightforward words, John Smith looked at him with a puzzled expression.

"I hope to promote the acquisition of American Forum Media by Sinclair Group, which owns more than 40 local TV stations and is very profitable. After completing this acquisition, Sinclair Group will cover more than 72% of households in the United States and become one of the largest TV networks in the United States."

"Tribune Media? But they're owned by Fox..."

It can be said that John Smith was somewhat caught off guard by McKenna III's words at the time...

"That's not a problem. We at Vanguard can help you achieve this goal."

In response to John's doubts, McKenna III said calmly:

"But there is one condition, that is, we can provide Sinclair Group with funds for the acquisition, but it needs to be obtained in the form of additional stock issuance."

"This……"

John Smith frowned and said:

"This kind of thing requires a resolution from the board of directors..."

"But you are the chairman of Sinclair Group, Mr. Smith. I hope you understand that our joining will only make your control over the company more secure, rather than being under threat like it is now..."

The last time Sinclair Group faced a debt crisis with Bank of New York Mellon, IC Capital and DS Group jointly invested in purchasing most of Sinclair Group's convertible bonds worth a total of US$2.5 million to help them through the crisis. The bonds they hold have now been converted into shares of Sinclair Group.

Therefore, at present, the shareholding ratio of Sinclair Group is about 38% held by the Sinclair family, 15.5% held by IC Capital, 14.5% held by DS Capital, and 7% held by Vanguard Group in Sinclair Group...

This makes the shareholding ratio of the Sinclair Group more delicate. Although the Sinclair family holds a total of 38% of the shares, it is higher than other shareholders and even higher than the combined shareholdings of IC Capital and DS Group.

But at present, John Smith can only control the 22.5% of shares held by the family trust, the shares of his sister and brother who have the same father and mother, and his own shares, totaling 7.75% of the shares. Together with the shares of the family trust, John Smith can actually control 30.25% of the Sinclair family's shares, which is only slightly higher than the 30% of shares controlled by Barron.

It is obvious that McKenna III is very clear about the current shareholding ratio of the Sinclair Group, and his words are naturally meaningful - who else could be the so-called "threat" facing John Smith?

But then again, it is impossible for John Smith not to have thought about the "threat" mentioned by McKenna III before.

Moreover, when he was facing the investigation by the Maryland prosecutors, Ivanta's attitude at the time, the feeling of having his life and death decided by others, also had an impact on John Smith.

But at the same time, John is not a fool. He understands that if Barron and his group’s voice in the Sinclair Group currently pose a “threat” to him, then are the Vanguard Group represented by McKenna III the “saviors”?

Just like what McKenna III mentioned about the acquisition of Forum Media, a subsidiary of Fox, it is a large company with more than 40 local TV stations, most of which are sports programs. It is a very high-quality asset.

Under normal circumstances, Murdoch, the media tycoon behind Fox, would never agree to sell this asset.

This is indeed a tempting cake for Sinclair Group.

But John Smith also understood that Forum Media was worth a high price, probably no less than $70 billion!

For the Sinclair Group, this is simply a move of swallowing an elephant by a snake. So according to McKenna III's request, if they can obtain the other party's funds through their additional issuance of shares, even if it is only a part of the required funds, then the Vanguard Group will become the largest shareholder of the Sinclair Group in the future.

I'm afraid that my situation at that time would be more embarrassing than it is now.

Indeed, the Sinclair family developed the group from a local TV station in Baltimore into a television giant covering the entire United States. Ultimately, everyone believes that the main credit goes to his father and eldest brother.

As the head of the family and chairman of Sinclair Group, John Smith also hopes to make a significant mark in the development of the family and Sinclair Group.

If this acquisition can be accomplished, it will be a huge leap forward for the Sinclair Group.

But the question is, will the Sinclair Group still belong to the Sinclair family at that time?

The blueprint for the future is wonderful, but the consequences of every decision are unpredictable - either succeed and enjoy applause, or fail and be deprived of your foundation.

The McKenna III before John Smith was no different from the poisonous snake that tempted Adam and Eve in the Garden of Eden.

At the same time, John also vaguely felt something unusual from McKenna III's words.

As he said before, this proposal requires the approval of the board of directors, which also means negotiating the matter with DS Group and IC Capital - if the other party agrees to the dilution of shares, then he will not have any objections.

But based on John Smith's understanding of Barron, even if he did not object to the acquisition of Forum Media, the Duke of England would not be short of funds at all...

And what McKenna III meant was...

All it takes is for Chairman John Smith to agree to push this forward?!

It's not that he can't do so. After all, even if he controls 30.25% of the shares, plus the 7% held by Vanguard Group, he can still outweigh the shares controlled by Barron.

But this kind of tit-for-tat behavior is tantamount to declaring war on the other side!

Even though John Smith hopes to strengthen his power in the Sinclair Group, it does not mean that he wants to turn against Barron - at least not when he is not so sure.