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Blackstone Code - Chapter 902

Published at 15th of March 2024 06:50:59 AM


Chapter 902

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"We meet again, Mr. President."

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

At this time, when he sat on the sofa with his legs together, the president could not see his violent appearance in front of his men. He was like a lamb waiting for a stab of fate, clamped his legs and sat there.

He can't resist, he can only bear it.

Indeed, when the two companies announced their acquisition, he had no way back.

He once thought about solving these problems with the help of the brother of mariro warlord, such as making some attacks and attacking the person in charge of the acquisition.

But soon his idea was abandoned by himself. He knew that the federal attitude towards such things had always been very cautious. If he was not careful, he would face a great purge.

When the banks are unwilling to help him, the only way to save him now seems to be the "Mr. Lynch" in front of him. He has no other way to choose.

"Last time our conversation didn't make me feel happy. Did you bring me good news this time?", Lynch's attitude rarely pressed his brother, Mr. President, step by step.

This is a strategy.

The warlord background behind every moment actually has a deep impact on every moment. Over the years, the melee of mariro has been incessant, which makes mariro and Mallory people believe that strength is the basis of everything.

Of course, this is indeed a fact. Whoever has more strength will be able to live and develop stably.

Whose strength is weak, may be overturned in a few days and die miserably in the streets.

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

When wearing it, the Mallory people slaughtered the Mallory people for no reason, just because of their hatred. In other words, the Mallory people have actually done this, and have done it more than once.

This makes the two sides form a dead enemy. Whoever has stronger strength can take all!

When dealing with these people, their modesty will only be looked down upon by them. Only when they show tough will they temporarily put away their minions and teeth——

Lynch can fully imagine that when he gets out of the current dilemma all the time, the first thing he has to do is to find a way to kick himself out of the board of directors and even take away his shares.

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

The corner of the president's mouth was crooked all the time, as if he wanted to squeeze out some smiles, but he failed.

"That's really a very unacceptable number, Mr. Lynch. I can't decide..."

Lynch interrupted him, "then find someone who can decide to talk to me."

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

"Tell jokes?"

The impolite counterattack made the president's hands on his knees clenched into fists and soon loosened again.

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

"After you left that day, I discussed with my brother. He said that if it was about 15%, there would be no problem at all."

He moved his brother out, although he didn't really want to do so in his heart. His brother was very easy to use when dealing with some small people, but not so easy to use when dealing with some big people.

He can only hope that Lynch is still very young and has some awe of the world. What if he succeeds?

Lynch sneered, "your brother won't be the master soon."

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

"Now you can't afford it. No matter who the minority shareholders represent, they must make a choice."

"Selection of bidding!"

It is really not easy to launch a malicious acquisition in the Federation. It does not belong to the result of negotiation between the two sides, let alone a completely natural market behavior.

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

Once the party initiating the acquisition holds more than how many shares, they have the right to request the suspension of listing.

The FSC's argument is that this can protect the rights and interests of ordinary shareholders so that they will not be fragmented 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 everything could not be listed again until it stopped.

Most of the time, the party launching such malicious acquisitions has made enough budget in terms of funds, and they have also received the support of banks.

They can mortgage their shares to the bank at the price of the closed stock market, borrow money from the bank and continue to buy.

As long as the budget is done well, a company with a market value of $5.6 billion may be leveraged with $1.2 billion

Of course, this is a normal development process. Another possibility is that the malicious acquisition fails. The shares held by the malicious shareholder are not allowed to enter the board of directors without voting rights.

The upsurge of acquisition ends, the stock is re listed, and the upsurge cools down. Malicious acquirers will leave after losing a lot of money.

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

There is actually a very interesting problem——

Banks are willing to lend money to the attacking party, that is, those malicious acquirers, but they are not willing to lend money to the defensive party, that is, every moment now.

Why?

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

Whether it is the popular split of bupaine or taking over the business, any of their actions are aggressive.

Generally speaking, when necessary, they can destroy the company for revenue, which is enough to make the bank at least not lose money - they can legally plunder the company from the acquirer for profit, and continue to throw the debt to the acquirer.

But the defensive side will not do so. They will not destroy their efforts against the acquirer, which is a paradox in itself.

This also means that when lending money to the defensive side, the risk will be significantly higher than that of the acquirer.

The bank has never been a charity. The core business of the bank is to make money in various ways. However, many people are deceived by the bank's packaging and think that they are some kind of "public welfare organization"

In fact, they are not. They are the most profitable people in the Federation. None of them.

The bank made a choice before the game began, so that the president of every moment had no choice at this moment.

His face was a little gloomy and hidden anger.

After a while, he suddenly breathed out as if discouraged, "20 percent... I promised."

About 70% of the outstanding shares are in the hands of federal shareholders, and about 30% are in the hands of the president himself, who controls more than 40% to 50%.

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

The only regret is that he may lose his absolute control, but this absolute control does not apply in the Federation.

In order to facilitate legal plunder, capitalists will not agree that any company has "absolute control". Coupled with circulating shares, few founders can still hold more than 51% of the shares after the company is listed.

No one can do that.

In this way, although Mr. President's shareholding has decreased, as long as he holds relevant key votes, at least he is still one of the largest shareholders of the company.

When he made this decision, he was very sad and relaxed. It was a strange experience.

"According to yesterday's closing price, the current market value is only about 400 million federal sol every moment. I bought 20% of them, that is..."

"About 90 million."

Lynch is not very sensitive to specific figures. Anyway, it's just a big difference.

The president of every moment nodded. If he had put it a few days ago, the money could only buy about 6-7% of the shares every moment, but now it is worth 20%.

Before long, the people from the bank came here.

As the supreme guest of Jinhui bank, Lynch enjoys the highest service.

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

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

Like this, a large number of shares change hands in the acquisition war, such as reporting 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 whether the transaction complies with the rules.

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

Looking at this transfer contract, Mr. President was relieved and helpless all the time.

The betrayal of minority shareholders hurt him very much. Of course, it can't be said to be betrayal. When the capitalists came out of their mother's stomach, they thought about money.

Selling things at a premium to a suitable price to earn huge profits will not be condemned, but will become the object of people's pursuit.

This is the "right" in capitalist society. People no longer pay attention to morality such as "loyalty", "etiquette", "shame" and "Virtue".

In the face of interests, these have been abandoned, which is the "sweet" of the Federation.

As long as people can abandon some without hindrance, nature has no burden, nature is free, and nature is "sweet".




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