The second working day after the beginning of autumn, Tuesday, August 12th, is the busiest day since the establishment of NOOR.

Feng Yiping was reluctant to talk about the pomp, and arranged the press conference in a small building of the company, Mike was leading a group of people downstairs to nervously check the preparations, upstairs, Feng Yiping, Jin Ling, Buchanan, and Zhou Xinyu were chatting with the shareholders and management of Coin Star.

Yesterday, August 11th, Noor had already signed a purchase agreement with Coin Star, and it can be said that the two parties are already a family - except for the directors on the board of Coin Star who do not serve in the company.

Feng Yiping was very satisfied with the work of the original management of Coin Star, and after listening to Feng Yiping's future planning and arrangement, the management was also very satisfied with the company's future development prospects, and most of the executives decided to stay in their positions.

Of course, although there will be no change to their position for the time being, because Merbuck is still in the position of O, future adjustments will definitely be necessary, such as key positions such as O.

Although it is a change of owner, these executives, like Zheng Jiayi who came here on the first day, are very excited, and they are also yearning and looking forward to the new chapter that is about to be opened.

"This kind of mental state seems to have only existed 2,000 years ago," Mr. Merbuck said, looking at the crowd of people who had followed him since the beginning of his business.

"Thank you Feng, thank you for letting them and me again, renewing the passion for entrepreneurship,"

"No, Merbuck, I should have to thank you, if it weren't for your support, the acquisition wouldn't have been so quick and smooth,"

This time, Merbuck, as the founder and company O, was able to negotiate a takeover, rather than being forced to publicly force a tender offer, that is, a hostile takeover, and Merbach, as the founder and company O, played a very big role in this.

He is not yet 35 years old this year, and all conditions are at their peak, however, after the rapid development of the first few years of entrepreneurship, since the beginning of the new century, like many companies, the development of Coin Star, which he founded single-handedly, has come to a standstill.

This is the cause and goal that he has determined to fight for all his life, so he has been meditating on a new direction and a way out, but has not gained anything, after a whole day with Feng Yiping [~dǐng[~diǎn【~小【~say,.▼.≠os_(); After the exchanges and arguments, the measures proposed by Feng Yiping convinced him, and the future depicted by Feng Yiping also made him excited.

Since that day, he has been an active supporter of the acquisition plan, of course, this has something to do with Feng Yiping's promise, he is still responsible for the specific operation of the company, and the company's name is still retained.

In short, this is also a self-made billionaire from a bitter background, and under the influence of Feng Yiping, he is full of pride and looks forward to the second entrepreneurship that is about to start.

With his exemplary role, it is very important for Feng Yiping to do the next work of the management of Coin Star.

The non-management shareholders of Coin Star have long been dissatisfied with the current situation and returns of Coin Star, and Feng Yiping's offer provides them with an excellent opportunity to leave.

These two items directly and profoundly affect the next process, otherwise, Feng Yiping will have to start a hostile takeover plan.

Not only will it increase the cost of all aspects, but there will also be a considerable risk, which mainly comes from local governments.

Although the U.S. encourages and supports mergers and acquisitions at the federal level, local states are opposed to mergers and acquisitions, especially hostile ones.

As the main enforcers of the state company laws, the state courts have always sided with the acquired company in the takeover and anti-takeover battles.

Their interpretation of takeover law through jurisprudence tends to be very lenient with the anti-takeover strategy of the target company, and very strict with the company that initiates a hostile takeover.

This is also a form of local protectionism, because in the eyes of state courts, it is far more important to protect the interests of the state's local companies and the interests of the management and employees who are inextricably linked to the state socially and economically connected than to protect the interests of the "praor", "sa", "greedy", "ar" and shareholders who attack the state's companies.

Therefore, Merbach's support and help saved Feng Yiping a lot of time costs, opportunity costs, and of course, capital costs.

"Von, Merbuck," Buchanan walked over, "it's almost time, the media are already in,"

He is very excited, this merger, as a striker, he also made great contributions, and the acquisition of a NASDAQ-listed company will also be another brilliant stroke in his career.

In order to make this moment more brilliant, he did not hesitate to mobilize all his connections, not to mention the main media in the west, and even the well-known media in the east, all of them were invited by him.

"Then let's go down?" Feng Yiping stood up with a smile.

"Please"

He and Merbuck walked side by side, Jin Ling followed, and then behind were the executives of the two companies.

The small hall downstairs was already crowded with reporters from all over the United States, most of whom were not very clear about what kind of medicine was sold in Buchanan and Noor's gourd, and were chatting and speculating with their peers at this time.

Noor is growing rapidly, has expanded to Canada, and there are more and more functional sections on the website, what is the big news that Buchanan and the PR department are talking about?

Seeing Feng Yiping and Merbuck coming together, some reporters who knew Merbuck quickly had a guess, isn't it?

There were many reporters who had such conjectures, and all of a sudden, the photojournalists began to take pictures like crazy.

Buchanan walked to the front of the stage with a smile, "Distinguished guests, friends from the media, thank you for coming, and below, I would like to invite our founder and chairman of NOOR, Yiping, Mr. Feng, to announce to you an important initiative of the company,"

This is the first time that Feng Yiping, who is still hot in the United States this year, has made a public appearance and spoke in front of so many American media.

Many reporters feel that this trip is very right, the world-renowned scholar, the richest man in Chinese mainland, the idol of the world's youth entrepreneurship, Feng Yiping for the first time publicly appeared as the founder and chairman of the current hot noor in the United States, which is very newsworthy.

"Ladies and gentlemen, thank you very much for your support of Noor, first of all, I would like to introduce you to a friend, who is the founder and o, Mr. Merbuck, Coin Star,"

Murback stood in front of the stage and smiled and waved to the audience.

"After a period of in-depth contact and communication, the BSAON of Noor,"

The new company established in Delaware for acquisition, Feng Yiping didn't think about using the name "Blue Ocean 1".

"Yesterday, we signed a merger agreement with Coin Star, and after the merger, the name of Coin Star will not change, and the original 'SR' will continue to be used on the NASDAQ.

"Wow", the following immediately raised their hands and clapped their hands, "Feng" and "Feng", the reporters were all shouting, and they all wanted to ask questions.

"Andrew," next to Buchanan diǎn a reporter for the Wall Street Journal.

"Hello Mr. Feng, could you please tell me why you chose to cooperate with Coin Star? Noor's main business and Coin Star's main business don't seem to have anything in common,"

"The purpose of noor's establishment has always been to serve all our registered members, which is also the starting point of all our decisions, and the acquisition of Coin Star is a measure we take to provide users with better services,"

Of course, Feng Yiping can't say all the reasons now, so he only said this reason.

The second opportunity to ask questions was given to Yahoo's financial reporter, who asked Merbuck, "Why did Coin Star agree to the Noor takeover?"

"First of all, we think that there are many complementary places between the two sides, Coin Star and Noor are also user-oriented, and Noor has more than 30 million registered users,"

"Secondly, the current development of Coin Star has fallen into a bottleneck period, and Feng has given a good solution to the company's current situation, which is very beneficial to users and all shareholders of the company, that is, it is extremely beneficial to the company's development,"

"We have always believed that Mr. Feng will lead Coin Star with his outstanding vision and ability to continue to move forward and reach new heights,"

"Mr. Feng, may I ask if the company you established this time is Blue Ocean 1, will there be Blue Ocean 2 after that?"

…………

Ten minutes later, Yahoo released the news before the print media, "Noor's BSAON signed an acquisition agreement with Coin Star yesterday, Noor will acquire the entire equity of Coin Star for 491.6 million in cash, with an average price of $19.2 per share, which is a 40.1% premium over the average stock price of Coin Star in the past 40 days of 13.62,"

Although the amount of this merger and acquisition is not large, because this merger and acquisition is associated with Feng Yiping and Noor, who are very newsworthy in themselves, this news quickly became the headlines of major media and caused heated discussions among many people. (To be continued.) )