The audience was in an uproar.

A few people knew that the person who made the temporary motion was Lai Guangwenlang, Jing Jian's "hardcore ally". Those people thought it was funny, couldn't that Chinese kid afford to lose? Actually sent people to stir up the situation at this time? And the vote has already been decided, and it can't be overturned at all, can it be useful to roll on the ground?

However, at the general meeting of shareholders, regardless of the proportion of shares, you can generally speak freely. I don't know if it's useful after saying it, but at least I guarantee that you have the right to speak. That is, listen to a few more nonsense. With this mentality, many people began to listen to Lai Guangwenlang's speech.

Lai Guangwenlang bowed to the rostrum: "My young master, that is, Mr. Yasuya Hirata, authorized me, if the board of directors votes to carry out the reshuffle, we will put forward the following motion - agree to the acquisition of Bluestar by an outside company at a reasonable price!"

In an instant, the audience was in an uproar again.

Unexpectedly, at the last moment, even Yasu Hirata turned back.

Actually, it's easy to understand. Although Wang Lie has now gained control of the Blue Star Network, this control is very unstable. Just talking about the equity in Jing Jian's hands, the private account plus the iceberg network directly and indirectly owns 40.5%, which has exceeded the 39.8% of Wang Lie and his friends.

And that's not even counting the many variables. For example, Jing Jian continues to hold shares, even more than 50% of the absolute controlling stake. In other words, although Wang Lie won this game, he had to guard against Jing Jian's counterattack at all times.

However, now Yasushi Hirata's motion is to sell all the Blue Star Network, and this time it is a salary draw from the bottom of the kettle, and even the Blue Star Network is gone, so how can Jing Jian take back control?

However, many people think about it again and understand Yasushi Hirata's approach. He did support Jing Jian in the vote just now, but Jing Jian himself couldn't keep the Blue Star Network, so he can't be blamed for this, right?

And the timing chosen at this point is so beautiful. As mentioned before, in fact, the reasonable range of Bluestar's stock price should be between $30 and $40, and now it is more than $180. If someone proposes to buy it at this time, it will not be lower than the market price, right? That is, he must come up with a price of more than $180 per share.

Here, let's briefly introduce the basic knowledge of acquisition:

In a hostile takeover, the buyer does not contact management (which is not common in practice), but sends a tender offer directly to the shareholders of the acquired company. For example, the first buyer already owns 10% of the target company and has been looking for an opportunity to acquire the target company. At this point, the buyer will make a tender offer like the other shareholders, saying that I want to buy 41% of the company's shares for $75 per share. The offer is valid for 20 days, or until 45% of the shares are full. If the tender offer buys 41% of the shares, then the buyer owns 51% of the shares, i.e., control of the company (note: here it is assumed that the company has only one stock, and all shares have the same voting rights).

Theoretically, after the buyer owns 51% of the shares, he has absolute control, and the purpose of the acquisition is achieved. As for how to go from 51% to 100%, there are many ways. The first is to issue the tender offer with the condition that if the goal of the tender offer can be achieved, the remaining shares will be acquired at the same price;

The target of the offer is 90%, and after reaching 90%, the remaining shareholders can buy them directly at a reasonable price (cash).

out) without their consent (there will be a special stock price process, which I won't go into details). Third, when 51% control is obtained, the management can be asked to issue additional shares, and then acquire these additional shares until 90% control is completed, and then use the short form merger to cash out the other shareholders.

Of course, in practice, it doesn't necessarily take 51% to gain actual control, and sometimes 33% of the equity can become the largest shareholder, which is enough to call for wind and rain. The exact number of shares to be acquired depends on the shareholding structure of the target company and the acquisition target.

The situation of Bluestar is a special one, Wang Lie took advantage of the complexity of the shareholding structure and obtained a controlling stake in Bluestar with only 39.8%. However, because of the complexity of the shareholding structure, Wang Lie's controlling stake is actually quite unstable, and in order to get full guarantees, he must obtain an absolute controlling stake of 51%.

To put it more clearly, Wang Lie must buy at least 10% of the shares in the short term, and he must buy this part of the stock at a high price of more than $180.

Some attentive friends may have noticed that there is a very interesting phenomenon here. In fact, at present, it is only a controlling stake within Bluestar.com, and it is not "the acquisition of Bluestar.com by an outside company" at all.

Of course, Yasu Hirata has the right to put forward such a motion, and our shareholders' meeting voted to approve it, and we want to sell the Blue Star Network and look for interested buyers outside, which is always okay, right?

However, Lai Guangwenlang put forward a motion at this time, and immediately gave a hint to all shareholders - we encourage Wang An Computer to acquire Bluestar!

Of course, because Wang Lie already has a controlling stake, it is more realistic for him to make an acquisition. Of course, if there is a bidding from an outside company, all shareholders will definitely welcome it with both hands and feet. However, generally speaking, there is no pig head three that will be acquired based on such an inflated stock price.

……

There was a brief silence in the room. Almost everyone looked at Jing Jian, and found that his face was extremely angry, and finally let out a cold snort, stood up suddenly, and left the venue with Smith, Zhao Guangliang and others without looking back.

Encountering betrayals one after another, this feeling is indeed understandable. However, Wang Lie, Cowell and Bernier and others did not have the slightest sympathy, and the barking of the defeated dog, who would care at this time?

Jing Jian walked out of the venue and got into the car in a hurry, and it was not until the car started that his expression returned to relaxation: "I heard that the buffet at noon was good, and I also invited a Michelin celebrity chef." It's a pity, they should have been told to pack for us first. ”

"Hey, hey!" Zhao Guangliang was really frightened just now, and it was only at this time that he became frightened, "Jing Shao, whatever you want to eat, my Xiaoliang dragon liver and phoenix marrow can get it for you." Please, don't scare me......, okay? Why is the company gone?"

Jing Jian smiled slightly: "Ah Liang, you haven't forgotten, have you?" Actually, I'm still ...... An actor. Hahaha!"