Chapter 499: Poison Pill Project (Part I)
Zhao Tiande was a little puzzled and said, "Zhang Shao, do we still have a backhand?"
Zhang Tianhu smiled slightly: "Of course, there is also a backhand, everything on the scene today is just a big drama directed by me, if Qin Feng is not able to block our attack in today's scene, then we will fake this scene today and directly complete the goal of reorganizing the board of directors."
But with my understanding of Qin Feng, Qin Feng is definitely not a simple person, and it is very difficult for us to take advantage of him, because this person's on-the-spot reaction speed is very agile, and even I dare not say how much better I can be than him, so I have long had psychological expectations that we will not reach the goal of today's scene, and I have already made the corresponding layout. ”
Zhao Tiande hurriedly gave a thumbs up and said, "Zhang Shao, you are still powerful, it is estimated that Qin Feng and Fan Hong will be in a catastrophe this time." ”
Zhang Tianhu shook his head: "Lao Zhao, you look at them too simply, they will suffer in that way, not to mention anything else, which of us has paid attention to him before this Fan Hongji, and who has put him in his eyes? But as a result, in today's peak showdown, Qin Feng has no other operations except for driving us down from the position of chairman at the beginning, and all the remaining operations are completed by this Fan Hongji."
Do you really think that Fan Hongjian has no hole cards in his hand?
You are wrong, the fundamental reason why Fan Hongjian was able to turn the tables in this board vote that we think must be won is that Fan Hongjian is not a simple person, if I guess correctly, Bai Shaogang and Wang Chuji should have been settled by Fan Hongjian a long time ago, especially Bai Shaogang, the timing of his appearance is quite delicate, and it is what he said that ultimately led to the reversal of the expected goals in the hearts of all the directors, if there is no Bai Shaogang, we will undoubtedly win today, but because of Bai Shaogang, it caused us to finally lose the opportunity。
But if you think about it, where in the world are there directors who are so easy to be brainwashed? In particular, the directors of Qianlong Real Estate, who can change their minds at will if 1% of their shares are in the business of hundreds of millions of yuan? Who doesn't want to think about their own interests?
Therefore, it is impossible for Bai Shaogang to change his mind because of what Fan Hongjian said at that time, there is only one possibility, that is, he was the foreshadowing of Fan Hong's gradual burial in Qianlong Real Estate a long time ago.
Especially the last Wang Chuji, his acting skills are too poor, and it can be seen at a glance from what he did that he is the ambush arranged by Fan Hong. And this ambush army is very good, and in the end, the key is to reverse the situation, I think the current Fan Hong must be bragging with Qin Feng!"
I have to say that the people who really know you are often your enemies.
At this moment, Fan Hongjian was proudly bragging to Qin Feng: "Boss, look at what I did this time, the two ambush soldiers got everything! Especially Bai Shaogang's performance, it is definitely an actor! This line is simply shocking and crying, and the scene directly reverses the situation!"
Qin Feng glared at Fan Hong fiercely and said, "Fatty, do you really think that if we win this time, we can sit back and relax?"
Fan Hong gradually smiled and said: "Isn't it? We have won the first battle, as long as we carry out a major asset restructuring, we will have peace of mind." ”
Qin Feng sighed and said, "Fat man, when will your lazy character be changed, didn't you carefully observe Zhang Tianhu's performance? Didn't you see the disdainful expression on Zhang Tianhong's face when we won this board vote? Do you know what it means?"
Fan Hong was a little surprised, his eyes widened and he said, "Boss, you're not joking, are you?"
Qin Feng directly took out his Huawei p30P
o Mobile phone, from which a close-up video of Zhang Tianhu's expression taken with a 50x zoom was taken at that time.
After Fan Hong watched this video carefully, his brows furrowed tightly: "Boss, what does this Tianhu mean? Could it be that he still has a backhand? Could it be that he is acting with us in everything today?"
Qin Feng shook his head: "It is impossible to say that it is completely acting, but I estimate that the director behind today's big drama is definitely Zhang Tianhu, if we fail to resist his attack this time, then he will not hesitate to take advantage of the situation, push the boat down the river to complete the reorganization of the board of directors, and completely kick you out of the board of directors, but at that time, he can easily control the situation of the entire board of directors, and then complete the acquisition and holding of Qianlong Real Estate." It is not even ruled out that the possibility of a direct tender offer for Qianlong Real Estate will be carried out in the next step! At that time, the owner of Qianlong Real Estate will become Tianhu Investment!
However, I guess Zhang Tianhu didn't expect that they had already rebelled against Zhang Chunfeng, and you even had two backhands hidden, which also led to their final defeat.
However, it can be seen from Zhang Tianhu's expression that Zhang Tianhu has long expected today's failure, and he has also made a corresponding plan!
If you think about it, his first attack was so ruthless, so how vicious will his hidden move be?
The fat man's brow furrowed.
Qin Feng asked again, "Fatty, do you still have a backhand?"
The fat man smiled bitterly and shook his head: "In today's board vote, all my hole cards have been exhausted!"
Qin Feng said: "Isn't this a good idea, if you don't have any hole cards next, and the other party must have more ruthless hole cards, in this case, if we have another fierce collision between the two sides, who do you think will win?"
The fat man smiled and said, "Are we going to lose?"
"That's going to be said!" Qin Feng directly shattered all the illusions of the fat man.
"Boss, what should we do then?" the fat man looked at Qin Feng with a pitiful face.
Qin Feng directly slapped Fan Hongjian on the shoulder, gritted his teeth and said, "You dead fat man, you know to be lazy all day long!"
The fat man smiled: "Isn't this the boss, you're by my side, why do I have to bother with you! Or you guide the little brother! Since you are the little brother, you naturally only need to make efforts to execute, or boss, you bother more! I still want my brain cells to live for a few more years!"
For this lazy fat man, Qin Feng really had no choice, so he could only glare at the fat man fiercely and said, "Fat man, I heard clearly, then we don't know what Zhang Tianhu and they want to do!"
In this case, if we don't have detailed intelligence information, whatever we do is wrong. are not matched with the other party's moves. ”
"So what are we going to do?" asked the fat man, a little anxiously.
"Actually, our situation has not reached the point of exhaustion, because we still have one last hole card that we haven't taken out!" Qin Feng showed a hint of ruthlessness on his face.
Fan Hongjian immediately said with excitement on his face: "Boss, do we still have any hole cards?"
Qin Feng smiled slightly, and spit out 4 words in his mouth, directly shocking Fan Hong on the spot: "Poison Pill Plan!"
Fan Hong's eyes widened, staring at Qin Feng for a long time, and then he said with excitement on his face: "Boss, you are worthy of being my boss, during this time, I was just thinking about how to compete with Zhang Tianhu and them in normal business methods, but I ignored the most important hole card poison on the guardian's side, the poison pill plan! As long as we implement this plan, then we will definitely be able to repel Zhang Tianhu and them!"
At this time, Wu Dekai, who had been in charge of driving, said with some puzzlement: "Two big guys, what is the poison pill plan? Why haven't I heard of it?"
Qin Feng explained with a smile: "The poison pill plan was invented in 1982 by Martin Lipton, a well-known American M&A lawyer, and is officially known as the "equity dilution anti-takeover measure". When a company has a hostile takeover, especially when the acquirer's shares have reached 10% to 20%, the company will issue a large number of new shares at a low price in order to maintain its controlling stake. The purpose is to reduce the proportion of shares in the hands of the acquirer, that is, to dilute the equity, and at the same time increase the acquisition cost, so that the acquirer cannot achieve the goal of control.
Once adopted, the poison pill program will have at least two effects: first, it will have a deterrent effect on hostile acquirers, and second, it will reduce the number of acquirers interested in companies that adopt the program. This anti-takeover measure was legalized in 1985 by a Delaware court in the United States. ”
Wu Dekai suddenly realized and said: "So is the major asset restructuring we have adopted a poison pill plan?"
Qin Feng smiled slightly: "Major asset restructuring can only be regarded as a small part of the poison pill plan, and it is also a means to deal with the acquisition of barbarians, but compared to the poison pill plan, this method is still too mild." ”
Wu Dekai suddenly became interested, and hurriedly asked, "Boss, is there any other means for the poison pill plan?"
Qin Feng smiled: "Of course, there are at least 4 means that can be used in the poison pill plan, one is the pop-up plan, one is the bomb in plan, one is the debt poison pill, and the other is the personnel poison pill, which is a comprehensive means to counter the barbarian invasion!"
Of course, although the poison pill plan is a widely used anti-takeover method, in today's corporate governance more and more attention, the adoption rate of the poison pill plan has been greatly reduced, because if the poison pill plan is really adopted, the company's board of directors will give the outside world the impression of layers of protection, and the key indicator of corporate governance will also be given a lower rating by the evaluation agency, so in general, investors are not willing to see the establishment of a poison pill plan in the board of directors as an obstacle to the free flow of capital!"
Speaking of this, Qin Feng sneered and said: "I estimate that Zhang Tianhu and they must have taken advantage of our Qianlong Real Estate to face the world with an extremely good management image, so they think that we will definitely not start the poison pill plan!"
However, Zhang Tianhu was wrong, compared to the company's governance being given a lower rating by the rating agency, what we can't accept is a strong barbarian invasion similar to Tianhu Investment!
The most important thing is that because we have a good management model and a very mature management team, even if we are given a lower rating by those rating agencies in the United States, it will not really affect the management level of our company, nor will it affect the continued profitability of our company, and what we need to do is to drive Zhang Tianhu and their invading barbarians out of our home, we still have full confidence to let our company maintain rapid growth!
While there may be some negative effects in the short term with the use of the poison pill program, in the long run, the benefits definitely outweigh the disadvantages for us!
But for Zhang Tianhu and their Tianhu investment, once they swallow our poison pill, then I'm afraid they will lose more than they gain!"
Speaking of this, Qin Feng's eyes revealed two cold glints, and he said in a deep tone: "And the poison pill plan is just a means for us to fight back against the barbarian invasion this time, I have other means to cooperate with the implementation, this time I want Zhang Tianhu to know that if you want to brutally invade other people's homes, you must be ready to pay the price! If you want to attack me Qin Feng and my friends, it is impossible not to pay the price!"
Fan Hong hurriedly patted his ass and said, "The boss is mighty!"
Qin Feng said coldly: "Get out!"