"Mr. Zhou, Zhang Yida wants to privatize Digital Domain...... What do you think?"

Xie An reported to an old man in his 60s about the negotiation with Zhang Yida.

Zhou Yongming frowned, "The major shareholders are not satisfied?

Xie An nodded, "The desire to control is too strong, and it is estimated that there are multiple shareholding platforms for holding." ”

Zhou Yongming shook his head and said a little angrily, "It's not proper, it's not that we can't survive anymore, so we have to accept his incorporation." ”

Xie An asked, "Then what do you mean?"

"Of course, I rejected it and brought in new strategic investors. ”

Xie An sighed, "It's a pity, but in fact, our business and Ruixiang are quite complementary."

The cooperation is more beneficial for both parties, and maybe Digital Domain can turn a profit. ”

Zhou Yongming smiled and shook his head, "But people want to eat alone, and they don't take us to play."

Digital Domain is our business, not only for money, but also for years of hard work and hope. ”

Xie An also felt that the other party was too strong, and the disparity in strength between the two sides was huge, so it was easy to eat himself and others to the point that there was no scum left.

"Hey, what if Zhang Yida agrees to a strategic 29.9% stake?"

This question...... Zhou Yongming pondered, thought for a while, and said, "Then it is estimated that there is fraud, and I can't agree." ”

Xie An also feels that this point of view is reasonable, and judging from Zhang Yida's various performances, he should not agree with this plan.

If you really agree, then there really is a ghost.

After a drag, the two sides had a final showdown on the phone.

"Mr. Xie, I thought about it and decided to give up investing in Digital Domain.

Of course, if you are willing to privatize, I am still willing to take it over for 4 billion Hong Kong dollars. ”

Xie An smiled, "I'm really sorry, after discussing with Mr. Zhou, I decided not to sell the company and plan to continue to operate, because it carries ......"

Xie An said a lot about what bullshit ideals, and Zhang Yida knew that these were all kind words.

If you give 8 billion, see if they sell it?

But why pay a high price for something you can get at a higher price?

Hanging up the antelope words, Zhang Yida pondered for a while, found Lan Lan, Bao Fan, and Ding Siyao, and the four of them had a meeting.

"Xie An rejected my friendship, so I had no choice but to use force. ”

Bao Fan knew that the other party was planning to attack, so he no longer persuaded each other, but began to help with advice.

At present, Digital Domain's total share capital is 26 billion shares, and the current stock price is 0.127 Hong Kong dollars, of which Zhou Yongming and the company behind him hold 18.92% of the shares, Xie An and the company behind him hold 9.23% of the shares, and the two are acting in concert, holding a total of 28.15% of the shares.

Li Jiacheng's investment company Retmond holds 9.23% of the shares, SoftBank China holds 8.57% of the shares, CITIC Group holds 8.57% of the shares, and Kingkey Group holds 6.34% of the shares......

The top ten shareholders hold a total of 81.23% of the shares.

Bao Fan looked at Zhang Yida and asked, "Do you have a good relationship with these shareholders?"

Anyway, I know that you have a good relationship with SoftBank and CITIC.

If you take all the shares of the third to tenth largest shareholders, you can hold more than 53% of the shares, which can directly trigger an unconditional cash offer.

The next thing is simple, launch a general offer, and the privatization is left."

Zhang Yida shook his head, "This is your ideal state, what if Li Jiacheng and Xie An and Zhou Yongming have the same heart?"

Bao Fan replied with a smile, "The shareholding may be in 30, and the trigger is a conditional cash mandatory offer."

Shareholders can choose to accept or not accept the offer, and if they do, our equity will exceed 50%, which will naturally be converted into an unconditional cash offer, and the acquisition will be successful.

On the contrary, if our shareholding does not exceed 50%, the offer will be invalid and the privatization will fail.

Moreover, it is not good to quit if you want to quit at that time, and there may be a part of the loss. ”

Zhang Yida nodded, "So the conditions of this offer are very important, and the price offered must be able to impress shareholders." ”

Ding Siyao interjected: "Our side can open a position in advance, pull up a wave, and then smash the market and knock down the stock price." ”

Bao Fan shook his head, glanced at Zhang Yida, and said with a smile: "If the shareholder friends know that you initiated the tender offer, the stock price will not rise."

In order to "force" shareholders to accept the offer, the share price must be hit below the offer price.

This requires a good bureau, which requires a lot of time, energy and money, and at the same time bears a certain risk of loss. ”

Bao Fan advised Zhang Yida: "The best way is to transfer the equity of the top ten shareholders through the agreement, and directly and safely land after more than 50%."

It saves time and is less risky. ”

Zhang Yida spread his hands, "There are so many shareholders, how do you know that no one is with Zhou Yongming and them?"

As soon as we made contact with them, they turned around and sold us.

If Zhou Yongming and Xie An were to take precautions, it would be difficult to deal with. ”

Bao Fan sighed, "This is also true, people's hearts are separated from their stomachs!"

"However, Digital Domain has been losing money for so many years, and to be honest, it's not a good company.

Everyone is betting on the future, and if you're willing to trade out the stock of Ruixiang, I'm definitely willing. ”

Zhang Yida nodded, he didn't mind equity mergers and acquisitions.

After all, with a volume of $205 billion, the increase in valuation or market value will only get slower and slower.

"In that case, let's assign a task. ”

Zhang Yida looked at Ding Siyao, "The hedge fund you manage will first open a position, and make a little move, the stock price will not exceed 0.15 Hong Kong dollars, and you can buy as much as you want." ”

Ding Siyao nodded, "Okay, we'll be cautious." ”

Zhang Yida looked at Lan Lan again and instructed: "You are responsible for interviewing the third to tenth largest shareholders of Digital Domain, and you must make sure to make up 30% of the shares as much as possible." ”

"Okay, what about the price?" Lan Lan asked.

"No more than 20% of the average closing price of the last 30 trading days, cash or Ruixiang stock subscription qualifications"

Lan Lan nodded, "Then there is no problem on my side, and I will talk about the acquisition as much as possible." ”

Zhang Yida looked at Bao Fan again, who looked at him and waited for his task.

"Mr. Bao, you are so proficient, with Zhang Yi and Su Qin's talent, just act with Lan Lan. ”

Bao Fan nodded, "There is no problem on my side, and the latest news will be reported to you in time." ”

After the assignment was arranged, Zhang Yida returned to the capital, and the others began to act according to the plan.

Digital Domain, a penny stock, has recently seen a significant increase in trading volume and turnover rate, and its stock price has risen by a few points.

Deeply trapped retail investors tried to sell some of their stocks, and they quickly sold them.

This is a big deal, and some retail investors have begun to flee in large numbers.

Because they are afraid, those who came in last year were cut off at the waist, and if they dragged it down, the soil would be buried up to their necks.

Some people are afraid, and naturally some people are greedy.

Some old stockholders with a keen sense of smell are like sharks smelling blood, and they come one by one.