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#288 - I want to get all the stocks!

Time flew by, and it was soon October 16th.

The previous two days, Su Cheng had taken Yang Chaoye directly to the headquarters of Nami Entertainment, where they met with Zhang Qizheng, who was busy at work.

Subsequently, Zhang Qizheng and Yang Chaoye began to handle the affairs of Nami Entertainment together.

With Yang Chaoye's help, all the company's affairs quickly stabilized.

Personnel, company operations, business, etc., all began to get back on track.

And the news of Nami Entertainment's situation had already spread throughout the entire United States through the media.

Especially in Hollywood, after two days of fermentation, the changes at Nami Entertainment were almost common knowledge.

After all, it was a large company with a market value of over 100 million US dollars. Although it couldn't compare with the top companies, in this era, there weren't many companies with a market value of over 100 million US dollars.

If a ranking of the top 500 private enterprises in the United States were to be made, Nami Entertainment would definitely be on the list, just at the bottom.

Such a large negative news event naturally brought a considerable impact on Nami Entertainment's stock market. Since the 14th and 15th happened to be the weekend, the stock exchange couldn't conduct transactions, so when Monday arrived, many shareholders chose to take advantage of the market opening to sell their shares in Nami Entertainment.

However, shareholders held very few shares to begin with, because the vast majority had been acquired by Tianyuan Investment, so this selling spree had no impact on Su Cheng.

After multiple stock mergers and acquisitions, Su Cheng now held 57.8% of Nami Entertainment's shares. Combined with the 23.84% held by Andrew and the 12.38% held by Mike, the three of them held a terrifying 94.11% of the shares.

In other words, in reality, only 5.89% of Nami Entertainment's shares remained in the hands of ordinary shareholders.

It could be said that Nami Entertainment, as a listed company, was already a mere formality.

And after this negative news, these ordinary shareholders rushed to put their shares on the stock market.

Because no one knew whether Nami Entertainment would recover from this blow.

The remaining few shareholders were all eager to sell.

Unfortunately, in this situation, who would dare to buy its shares?

The original chairman and vice-chairman had both been imprisoned, and for such a big crime, Habakkuk Andrew shouldn't expect to get out anytime soon.

And the newly appointed chairman, according to the newspapers, was a Chinese from Xiangjiang in the Far East, who was just over twenty years old.

No one would believe that putting such a person in charge of a listed company with a market value of over 100 million US dollars would have any good outcome.

Perhaps because the time was too short, no one had discovered that this newly appointed chairman was the boss of Oracle Computer.

Media reports simply stated that the new boss was a young Chinese man in his early twenties.

Otherwise, if Su Cheng's identity were exposed, Nami Entertainment's stock might have been hyped up like Intel's stock.

The vast majority of retail investors put their shares on the stock market.

However, there were no buyers.

Basically, there were only sell orders, no buy orders.

This result led everyone to compete to lower their prices, to prevent the stock from rotting in their hands.

However, because there were no transactions, the price remained the same as before.

More and more orders were placed, each with a lower price, but no one bought.

This situation began to create a sense of panic in the minds of shareholders.

Some shareholders even began to show a desperate mood, perhaps this stock would just rot in their hands.

The traders at Tianyuan Investment, while acquiring other stocks, also noticed the situation at Nami Entertainment.

There were less than 6 percentage points of shares left, which would cost at most a few million dollars. This amount of money didn't require the big boss Su Cheng to make a decision, he could just report it to him afterward.

After following Su Cheng for so many years, the two had already developed a tacit understanding.

So, Zhang Qizheng arranged this matter very seriously, and had a trader keep in touch with him by phone at all times to inform him of the progress.

By the close of the afternoon session, the traders had spent less than three million US dollars and acquired 5.12% of Nami Entertainment's shares.

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This price was already much lower than before.

And with this one battle, only 0.77% of the shares remained in the hands of shareholders.

This amount of stock could be said to be negligible.

In the evening, Zhang Qizheng and Yang Chaoye returned, and after telling Su Cheng the news, Su Cheng began to consider a problem.

How to completely acquire the 23.84% of the shares held by Habakkuk Andrew and the 12.38% of the shares held by Mike.

If he could acquire them all, then Nami Entertainment would be able to completely withdraw from the US stock market and become a completely private enterprise belonging to Su Cheng.

At that time, the film scripts, songs, and so on in his hands could be safely handed over to Nami Entertainment for operation and development.

Otherwise, if Su Cheng took these out and strengthened Nami Entertainment, but had to share the profits with other shareholders, it would be too much of a loss for Su Cheng.

"What do you think, if I want to acquire the shares held by Habakkuk Andrew and Mike, how should I operate?" Su Cheng thought, and directly raised this question, asking the two big shots.

Without acquiring all the equity in their hands, Su Cheng didn't want to seriously develop Nami Entertainment.

"This is actually not difficult," Yang Chaoye said with a smile at this time.

"Oh? President Yang, please explain how to operate," Su Cheng's eyes lit up, and he asked impatiently.

"Whether it's Habakkuk Andrew or Mike, they have entered prison and cannot exercise their equity rights. At this time, they can only transfer the equity to their families through equity transfer. Most family shareholders will operate in this way.

So, this is an opportunity for you, boss, to acquire their equity. As long as you contact their families, they will naturally consider the pros and cons.

Since they can no longer continue to control Nami Entertainment, Habakkuk Andrew's family will definitely choose to sell the equity.

As for Mike, I heard that he is alone now, and his parents have passed away, so it is even easier to deal with him. As long as you find someone to communicate with him in prison, he will sell all the shares in his hands.

Because he is destined to be fined, and he has already spent all the money he had before. Now, the only way to repay this fine is to exchange the equity for cash!"

Yang Chaoye explained to Su Cheng in detail.

This time, Su Cheng was completely relieved.

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