Blackstone Code

"We meet again, Mr. President."

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

At this moment, the president who was sitting on the sofa with his legs together couldn't tell how violent he was in front of his subordinates. He was like a little lamb waiting for fate to poke him, sitting there with his legs clamped together.

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

This was indeed the case. From the moment the two companies announced their intention to acquire Everyday, he had no way out.

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

But he soon gave up on his idea. He knew very well that the Federation had always been very cautious in dealing with such matters, and he would face a major purge if he was not careful.

With no bank willing 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.

"Our conversation didn't make me happy last time. Did you bring me good news this time?" Lynch's attitude was rare and he pressed his younger brother, Mr. CEO, step by step.

This is a strategy.

The warlord background behind every moment actually has a profound impact on every moment. The endless melee in Marillo over the years has made Marillo and the Mallorians believe that strength is the basis of everything.

Of course, this is indeed a fact. Whoever is stronger will be able to live a stable life and develop.

Whoever is weak may be overturned in a few days and die miserably on the streets.

They worship the strong and inflict violence on the weak. This has become a habit in their bones and a life behavior.

When wearing it, the Malorians massacred the Malorians for no reason, just because of their hatred for each other. In other words, the Malorians actually did this, and did it more than once.

This makes the two sides form 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. Only by showing toughness will they temporarily put away their claws.

Lynch could fully imagine that when he got out of the current predicament, the first thing that this guy in front of him, who looked very tired and haggard after not sleeping for several days, would be to find a way to kick himself out of the board of directors, or even kick him out of the board of directors. Take away the stocks in your hands.

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

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

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

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

"You can't make the decision, what are you talking to me about now?"

"Talk about a joke?"

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

There is only one chance. 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%, there will be no problem at all."

He moved his brother out, even though deep down he didn't really want to do it. His brother was very useful when dealing with small people, but not so useful when dealing with big people.

He could only hope that Lynch was still young and still somewhat in awe of the world. What if he succeeded?

Lynch sneered, "Your brother will no longer be able to make the decision soon."

"The fact that you are here means that someone has reminded you about the details of the takeover war. Once the takeover war is launched, it will inevitably be cleared."

"Now you can't take out the money, and whoever those small shareholders represent, they have to make a choice,"

“The choice of bidding!”

Launching a hostile takeover in the Federation is really not an easy task. It is not the result of negotiations between the two parties, nor is it a completely natural market behavior.

This kind of hostile takeover often triggers a series of financial problems, so with the promotion of the Financial Supervisory Commission and Congress, a series of bills came into being.

Once the party initiating the acquisition holds more than a certain number of shares, they have the right to request a suspension of listing.

The Financial Supervisory Commission's argument is that this can protect the rights and interests of ordinary shareholders and prevent them from being shattered by the collision between the two giants.

Subsequently, it was also stipulated that asset restructuring and privatization must be carried out after the acquisition, and that it could not be relisted until everything stopped.

Most of the time, the party launching such a hostile takeover has already budgeted enough funds, and they also have the support of banks.

They can mortgage their stocks to banks at the closing price of the stock market and borrow money from banks to continue acquisitions.

As long as the budget is done well, one or two billion can be used to leverage a company with a market value of five or six billion.

Of course, this is a normal development process. Another possibility is that the hostile takeover fails. The shares held by the malicious shareholder are not counted as voting rights, and the holders are not allowed to enter the board of directors.

When the acquisition craze ends, the stock is relisted, the craze cools down, and the hostile acquirer will leave the market at a huge loss.

Now the two companies have launched a hostile takeover 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 question here

Banks are happy to lend money to the attacking party, that is, those hostile takeovers, but they are not willing to lend money to the defensive party, which is every moment.

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 split that is now popular in Bupen, or taking over operations, any behavior they do is aggressive.

In layman's terms, if necessary, they can destroy the company for the sake of profit. This is enough for the bank to at least not lose money. They have a way to legally plunder the company from the acquirer to make a profit, and can continue to throw away the debt. to the acquirer.

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

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

Banks have never been charities. The core business of banks is to make money in various ways. However, many people are deceived by the packaging of banks and think that they are some kind of "public welfare institution."

In fact, no, they are the most profitable people in the Federation, bar none.

The bank made its choice before the game even started, so that the moment-to-moment president had no choice at this point.

His face was a little gloomy, with anger hidden inside.

After a while, he suddenly exhaled as if frustrated, "Twenty percent... I agree."

Of the 70% of outstanding shares in circulation, Federation's shareholders probably still have less than 30%, while Mr. President himself controls 40 to 50%.

If Lynch is willing to help him get through this difficulty, he can buy back the stocks in the hands of some small shareholders to establish his own "key vote", and then sell the remaining ones to Lynch.

The only drawback is that he may lose his absolute controlling rights, but this absolute controlling rights does not apply in the Federation.

In order to facilitate legal plunder, capitalists will not agree to "absolute controlling rights" in any company. Including tradable shares, it is rare for the founder of a company to still control more than 51% of the shares after the company is listed. .

No one can do that.

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

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

"According to yesterday's closing price, the current market value at any time is only about 400 million federal soles. I bought 20% of it, which is..."

"About ninety million."

Lynch is not very sensitive to specific numbers. Anyway, it is enough to be about the same.

The CEO of Moment nodded. In the past few days, this money could only buy 6 to 7% of Moment's shares, but now, it is worth 100%. twenty.

Not long after, people from the bank arrived.

As the most distinguished customer of Jinhui Bank, Lynch enjoys the highest level of service.

For example, you can summon bank accountants, auditors, lawyers, and other professional employees to provide services for you at any time within 24 hours.

They also brought portable typewriters and contract templates, and even people from the Financial Supervisory Commission came.

In a takeover war like this, a large number of shares change hands, such as filing with the Financial Supervisory Commission.

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 Financial Supervisory Commission and bank staff, Lynch and the president of Shishishi signed their names on two equity transfer contracts.

Looking at this transfer contract, the president felt relieved and helpless at the same time.

The betrayal of the small shareholders made him very hurt. Of course, this cannot be said to be betrayal. Capitalists had money in their minds when they emerged from their mothers' wombs.

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

This is what is "correct" in capitalist society. People no longer value virtues such as "loyalty", "etiquette", "honesty" and "virtue".

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

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