Chapter 745 Company Name Change

It was raining heavily in the sky, as if the whole city was drifting in a storm. The streets of Boston are sparsely populated, with the occasional figure hurrying up and down the empty road.

At the entrance of an ancient manor covered with vines, Jing Jian drove out of the manor in a car. Looking at the dense raindrops outside the car window, he shook his head at Smith beside him and complained, "Didn't the weather forecast say that the hurricane had passed?"

Smith laughed, "Boston is very hospitable, so I wanted you to stay a few more days." ”

"Hahaha......"

......

Unlike this hurricane in nature, the hurricane in the stock market comes and goes quickly.

First of all, the stock market on Thursday, the news of the suspension of trading for half a day in the morning announced the release of 5% of the shares of Blue Star Network, and the stock price fell by 52% in the afternoon, and the madness of Jing Jian's one-handed director finally came to an end.

All of a sudden, the surviving speculators celebrated with their crowns, while the dead cried and grabbed the ground. According to incomplete statistics, in the drastic changes in the entire stock price, the loss exceeded 5.5 billion US dollars, even exceeding the total market value of Bluestar and Wang An Computer before the stock price rose. It's so exciting, someone blows up every minute, which makes people miss the price limit of China's stock market in the future.

In the following trading days, Bluestar's stock price continued to fall steadily, until it reached around $320, finally reaching the recent support level. At this time, Wang An Computer and Bluestar Network issued an announcement at the same time: Bluestar accepted the 1:40 share exchange plan proposed by Wang An Computer. After the share swap, the Wang family became the largest shareholders of the combined company with 19.4%, while Jingjian and Bingshan Network became the second and third largest shareholders with 16.2% and 15.9%, respectively. However, in fact. Jing Jian's actual controlling stake has far surpassed that of the Wang family.

On the first day of the merger, shares of Wang An Computer (which has not yet changed its name, but are still the company's name for the time being) rose 8% to $7.03, and the market is looking forward to another takeover war. However, no one thought that the Wang family had contacted Jing Jian through an intermediary, and they hoped to transfer all the shares in their hands to Jing Jian, and asked for all to be paid in cash, in other words, the Wang family completely gave up Wang An Computer, a listed company?

This sudden situation also surprised Jing Jian. He was still gearing up to do it again, but he didn't expect the Wang family to raise the white flag and surrender?

It wasn't until he came into contact with representatives of the Wang family that Jing Jian finally knew that such a situation was not too surprising.

In the history of the previous life, although they had an absolute controlling stake in Wang An Computer, the Wang family always followed the will of Mr. Wang An and made Edward Miller the chairman of the company, until the company filed for bankruptcy, but did not change this decision, let alone return the company to Wang Lie's hands. And finally, in May 1999, Wang An was acquired by Dutch computer services company Getronics NV for $2 billion, and the CEO at the time announced that he would abandon the ANG brand in the future.

It can be seen that without the backbone of Mr. Wang An, the Wang family itself has no confidence in running the company in person, and they do not have a deep affection for either Wang An Computer or the brand ANG, and it is by no means a non-sale.

It should be noted that the Wang family is not just a few people, but a large number of relatives and friends of Mr. Wang An. So on the whole, the original 60% controlling stake seems to be a lot, but in fact, it is actually scattered in the hands of those relatives and friends. Therefore, Wang Lie's acquisition of Bluestar.com this time, they can all support it, and after success, they can even support Wang Lie to retake charge of the merged company. But you've failed again? I'm sorry, play with the mud!

In fact, this is also the case, including the representatives of the Wang family who met with Jing Jian this time, and there is no Wang Lie among them. In other words, the Wang family has completely lost confidence in Wang Lie, you better be honest and be a happy second ancestor!

It's really a matter of personal choice.

For example, there is a company worth 1 million, and another company buys it for 2 million. And the boss of this company can refuse such an acquisition, either for the sake of face, or for the sake of power, to point fingers at hundreds of employees in the company, or for the sake of career, or even for the sake of his own feelings of founding the company. This is certainly understandable.

But there are also bosses who can make 1 million when they hear about 2 million? He sold it without hesitation. What kind of face, power, career, and feelings? Can you eat as food? It is better to get a large sum of money to retire at home and dance square dances. There are also quite a few people who have such a choice.

Undoubtedly, the Wang family is the latter, and their attitude is very realistic - seeking wealth rather than anger. Since Wang Lie is not angry, then we simply found a good price to sell the company.

As it turned out, the Wang family's decision was quite rational. After simple negotiations, Jing Jian bought all the shares in the Wang family for $1.46 billion. Compared with the history of the previous life, the entire company only sold 2 billion US dollars in 99 years, and the Wang family only got about 1.2 billion US dollars, it should be said that they did a good business. And Jing Jian is not a loss, at least it has reduced the cost of acquiring shares by a large amount.

However, while selling the shares, the Wang family also attached two conditions: one is that they hope that Jing Jian will also buy the shares in the hands of those Chinese families. In the end, Jing Jian relented and bought the shares for $200 million in cash and $300 million in convertible bonds for two years. In this way, Jing Jian directly and indirectly owns 63.7% of the shares of Wang An Computer, and easily obtains an absolute controlling stake in the company.

By the way, in this takeover war, both sides can be said to be winners, and it is nothing more than a matter of winning more and winning less. And this is the cruel truth - the real losers are those who want to speculate and make a fortune.

The other condition is Edward Miller, the Wang family hopes to retain his position as chairman, at least hope that when Jing Jian dismisses him, Edward Miller will be given sufficient compensation.

I have to say that the Wang family still has Chinese virtues. Low-key, interesting, knowledgeable, very humane.

In this regard, Jing Jian's answer was to decide after meeting and talking with Miller. Therefore, after leaving the Wang family estate, Jing Jian braved the torrential rain and came to the Wang An Building in Boston.

Miller had already received the news, and he personally came downstairs to greet him: "Hello, Mr. Bramble, welcome to become the boss of Wang An's computer!"

"Hello. Jing Jian smiled and shook his hand. Looking around, this once world-famous high-tech company has actually fallen into his hands, Jing Jian nodded with satisfaction, "It's time to come up with a new name, just call it Esky (derived from the name of his son Jing Tian, and later use Chinese to translate the name Yi Kai)!"