Chapter 323: Sing Tao News Group Arrives (Second Update)
In addition, looking at Hong Kong and even Southeast Asia, the only person who has the ability to save Sing Tao News Group and make "Sing Tao Daily" and "English Standard" develop again is the young man in front of him.
If the company and the newspaper are really killed, Hu Xian will definitely have no shame to face his father under Jiuquan!
After thinking about it, Hu Xian suddenly found that aside from those prejudices in his heart, Xia Yu is really the most suitable object to acquire the company!
"Forget it, the king is defeated, the mall is like a battlefield, if you lose, you lose, accept your fate!"
Hu Xian sighed in his heart.
After thinking about it, Hu Xian slowly raised his head to look at Xia Yu, Xia Yu suddenly perked up and realized that the critical time had come.
"Xia Sheng, it's not impossible for the company to sell it to you, but I have a few conditions, as long as you can do it, everything is easy to say!"
Hu Xian pursed his lips, sighed, and said slowly.
Xia Yu made a gesture of please and said, "Please speak!"
"Let me tell you about the situation. ”
"My company's account has been frozen by the bank, and now I still owe the bank a debt of 23 million, in addition, the amount of compensation demanded by the advertisers adds up to about 7 million, and several advertisers have been instructed by the Jardine Matheson consortium behind their backs, threatening me to go to court, and the people of Jardine want to buy my company at a very low price, otherwise they will use means to make my company rectify indefinitely, drag it out until bankruptcy, and let me go to jail ......"
Hu Xian said with a melancholy face, and did not hide it from Xia Yu.
Xia Yu frowned, he didn't expect the situation to be so serious, and there was a haunting force behind it.
However, he is not cowardly, Hu Xian feels that the problem is already very serious, but in Xia Yu's opinion, it is not too troublesome, so he still wants to buy Sing Tao News Group.
Or he wants to buy it even more, because he doesn't want Sing Tao News Group to fall into the hands of the Jardine Matheson Consortium, otherwise it will be the most troublesome for him to really let Jardine win, because the uncertain factor will become bigger, and with the resources of the Jardine Matheson Consortium, it is not impossible to get the Sing Tao News Group up, and then his hegemony of Jiuding Newspaper Company will be challenged again.
It must be stopped, and Sing Tao News Group must not be allowed to fall into the hands of the Jardine Matheson Consortium!
Xia Yu thought in his heart, solemnly made a gesture and said, "Ms. Hu, I already understand the situation, I don't know what conditions you have?"
Hu Xian's eyes lit up, but she didn't expect Xia Yu to want it after knowing the situation, and her heart slowly became active.
"I don't ask much, first, if I sell the company to you, you have to do your best to keep the company and the newspaper, and develop it on an equal footing with the other newspapers under your umbrella. ”
Hu Xian said.
"No problem, I can't waste money, for my newspapers, the resources are all common, and I will definitely do my best to make "Sing Tao Daily" and "English Standard" develop. ”
Xia Yu agreed, this condition can be agreed without even thinking about it, Hu Xian is completely thinking too much!
Hu Xian nodded and continued: "Second, Jardine has his eye on my company, if I sell the company to you, all the troubles will be taken over by you, and you have to resist the pressure of Jardine and save me, if I still fall into prison, you have to give five million to my family!
After Hu Xian finished speaking, he looked at Xia Yu with his eyes.
Xia Yu frowned, looked at Hu Xian for a few seconds, and nodded slowly: "Yes, I agreed!"
Hu Xian's second request was clearly to let him rescue her, and if he couldn't save her, he would ask him to give five million to his family, obviously forcing Xia Yu to do his best.
Hu Xian was completely overwhelmed, even if he didn't mention the five million, as long as he agreed, he would do his best to do it, and in Hu Xian's eyes, she was facing a lot of trouble, but in Xia Yu's opinion, it was not impossible.
As long as he takes over, he doesn't believe that the bank won't run immediately, and even if the bank doesn't run, he can easily take out the debt of 23 million, and this trouble can be completely ignored.
Advertisers want to pay compensation? That's simple, isn't it about 7 million? It's a big deal to give it, or not to give money, give these advertisers a second choice, and compensate them with the same amount of advertising space from other newspapers under Xia Yu, Xia Yu believes that those advertisers will definitely be willing to accept it.
Are those advertisers really short of money?
No, it's not a lack of money at all!
If they are short of money, they will not come to advertise, what they need is good advertising effect to promote their products!
Now Jiuding Newspaper Company is the overlord of the media industry, and the advertisers who cooperate with it are the top part, and the enterprises that cannot grab the advertising space will retreat to find other newspapers, and the advertisers of the newspapers under the Sing Tao News Group are those enterprises that cannot grab the advertising space of the Jiuding Newspaper Company.
Now if there is a chance to win the advertising space of the newspaper of Jiuding Newspaper Company, even if it is not the top position, the time is not very long, but it is enough, and those advertisers will definitely gladly agree!
So as long as Xia Yu buys Sing Tao News Group, the pressure on advertisers can be instantly resolved.
As for the last one, Jardine threatened with a black hand, Xia Yu is not afraid, he also has connections, even if he is not well connected, he will fight with the Jardine Consortium soon, and when he bows his head, he takes this as a condition and forces them to agree.
So no matter what, Xia Yu has a way to deal with it, Hu Xian's problem is not a problem for him at all!
When Xia Yu agreed, Hu Xian's heart was relieved by half.
In the next exchange, there was no resistance, Xia Yu and Hu Xian set the tone, and tomorrow morning they will negotiate, Xia Yu also asked Hu Xian to prepare all the details, and there can be no mistakes and concealments, Hu Xian fully agreed.
......
The next day, Xia Yu and Yan Wenhan went together with the company's legal department, and after fierce negotiations, Xia Yu finally bought Sing Tao News Group at a price of 2 million, on the condition that it was negotiated last night, to bear all debts, problems and risks, and to ensure Hu Xian's safety.
After a series of mistakes, Sing Tao News Group's total assets are only 32 million Hong Kong dollars, the liquidity is completely gone, all liabilities add up to 23 million Hong Kong dollars, and the company's net assets are about 9 million.
However, if you compensate the advertisers for at least 7 million, the company's net assets will be about 2 million.
Xia Yu happened to buy the company at the price of 2 million net assets, which seems to be a bargain, but the risk is not fake.
Although 2 million is very little, if the problem of Jardine Matheson is not solved, the company will rectify indefinitely, the assets will shrink day by day, and Hu Xian will also face imprisonment, he will have to pay 5 million Hong Kong dollars, and he is likely to lose tens of millions of dollars!
So considering this risk, the price of 2 million will not seem cheap!
When the signature was finished, Hu Xian couldn't help but have red eyes, and it took a long time to clean up his mood.