Chapter 349 The Beginning of the Road to Capital Expansion

At the time, Brad and his wife meant that the giant algae had not been tested in the sea area before, and they both felt that the shape was not very stable. They prefer that the other party can invest some of the money and let them conduct experiments in the sea area, and then share the results.

As a result, Jason Twain exclusively licensed the patent to each other at a very low price without their consent. The other company set up a company to grow macroalgae, and Jason Twain became the general manager of the new company. The two of them angrily refused Jason's offer of a position as a researcher and returned to Seattle to study the new kelp.

After researching new polyploid macroalgae, they did not immediately find someone to invest, but borrowed money themselves to conduct experiments at sea.

As a result, before the experiment came to fruition, Link approached them and offered to cooperate.

Now, Jason Twain's company has a problem with the giant algae. Giant algae are susceptible to disease and decay in the sea. So, he came to the two of them again, proposed that the giant algae planted by Xihua Company was based on the research results of the previous kind of giant algae, and asked to share their new research on the giant algae.

Brad certainly couldn't have agreed. How could he be stupid enough to cultivate a vile competitor.

Jason Twain threatened to go to court. But neither Brad nor Hayley was worried. Because they have long thought about the issue of patents.

At that time, Giessen Twain sold the patent thoroughly. Even they themselves can't continue to study that giant algae. Their new study completely discarded the previous giant algae. Previously the giant algae were triploid, but now they are tetraploid.

Hayley smiled and said, "Of course I think he's disgusting, but it's because of his ten disgusting people." I'm afraid he'll really sue us for infringement, whether he wins or not. It's better to tell Link than he knows in the media. ”

Brad shook his head and said, "You don't have to worry. Jason Twain is disgusting, but he's not a fool either. He knew that if he couldn't win, he wouldn't sue. ”

"What if he uses other means?"

Brad sneered: "I think he can't protect himself now, and he may not have the opportunity to make trouble for us." "He's just a little talker, but he's not unreasonable. That company invested hundreds of millions of dollars to develop the giant algae industry, and now that it has lost all its money, Jason Twain will certainly not be happy.

He didn't want to talk about that annoying person, so he said to Hayley, "How's this year's sales?"

"Good. I think Link would at least be satisfied. ”

"Then we'll be satisfied!"

"Yes. Hayley said with a smile. "We did make it!" said this year's earnings were far better than they had imagined. Although this is only three months of harvesting of giant algae. However, sales have reached $100 million, and profit margins are quite high. Next year, the production of macroalgae will increase several times. It can have at least one billion sales a year. ”

"It seems that we had the right strategy. ”

Their utilization of the macroalgae is very thorough. Alginate and medicinal ingredients are extracted and sold to pharmaceutical companies. The fertilizer from which the active ingredient is extracted is used to produce odourless foliar fertilizer, which is popular on golf courses and soccer fields, and is also used in some homes and flower beds. Even the residues that are difficult to decompose in a short period of time are used as green manure by Linkla. It can be said that the giant algae they grow is almost 100% utilized.

He hesitated for a moment and said, "The market is still very large. Perhaps we could consider expanding the planting area. ”

"There is still a large area of the sea in the western part of Ozette where macroalgae can be grown. But the capacity of the existing planting area has not been fully utilized, so I think it will wait!"

Brad laughed and said, "I mean, maybe we can have a chance to buy Jason Twain's company." You forget, their company has the right to use 100,000 acres of sea for 50 years. ”

Hailey was obviously stunned for a moment, and finally she shook her head and said, "Let's wait for them to declare bankruptcy before thinking about it!"

…………

While Brad and Hayley were talking about the acquisition too early, Snapton was also ambitious about targeting the first target.

She quickly formed the company after receiving Link's investment promise and found a team.

After a period of investigation, she finally identified the company's first victim.

The name of the company she formed was Thomas Investments, but it was said to be an investment, but in reality she was going to make a hostile takeover. To put it bluntly, it is to stealthily snatch the fruits of others.

There are a lot of limitations to doing that. For example, in order to avoid harming the interests of investors, major shareholders of listed companies are required to disclose their shareholdings. In particular, if the shareholding exceeds a certain percentage, it is mandatory to declare. In the case of a hostile takeover, it must be notified to the stock exchange and an announcement must be made.

Of course, there are policies at the top and countermeasures at the bottom.

For example, you can first sign a contract with some people or some institutions, entrust them to close the float in the stock market, or acquire shares through over-the-counter transactions, if the action is fast enough, or the shares purchased by each partner do not exceed the proportion to be reported, and finally buy the shares from the cooperative at one time, and complete the controlling stake in the acquisition target before the notification.

However, either way it is, it will attract the attention of the original shareholders.

Needless to say, it goes without saying that the hostile takeover is reported directly.

The stock price fluctuations caused by multiple simultaneous acquisitions in the stock market will also be investigated by the company's shareholders. Whereas, an over-the-counter transaction is usually the acquisition of shares held by the shareholders of the target.

Most companies do not omit a clause in their articles of association: registered shareholders want to sell shares, and other shareholders have the right of first refusal. Therefore, if a shareholder wants to sell his shares, he must give written notice to other shareholders in advance, otherwise the sale will not count.

If Snapton wants to make a profit by buying a company and then spinning it off, it has to keep costs as low as possible. Then she will have to find a way to hide from the shareholders of the acquisition target.

She already had a preliminary plan of action, but she had to get one more prerequisite before she could act: Link's consent.

Because the company is actually Link's wholly-owned private company, and the funds also need to be provided by Link.

So after a meeting with her teammates, she chartered a business plane and flew directly to Ozette to ask for Link's support.

Link listened on the phone to the purpose of her coming. That kind of operation needed to be kept secret, so he took her to the study. He closed the door to the study and asked her, "What's the value of talking about goals?"

This time, Snapton applied for $1.8 billion in funding to buy a small pharmaceutical company. He had to make sure the company was worth the price. Otherwise, you will lose money if you buy it.

Snapton didn't wait for him to speak, and sat down in a chair in front of his desk. "This company has twelve patents for drugs," she said. Although they are all cheap drugs, they have a good market share among similar drugs. ”

Link walked over to his position and interrupted her, "If that's the case, why do you think there's a possibility of an acquisition?" Then, the price to spend on wanting to acquire will not be less.

"Because they're losing money. "Of course, Snapton came here after a lot of hard work. "You know all the pharmaceutical companies right now are trying to beat cancer. No matter which one you conquer, it's a good thing for both fame and fortune. They're doing it, too, but their research hasn't been able to get the results they want. According to our survey, their research institutes are already a serious drag on their bottom line. In the last two years, they have lost money, and the losses have been significant. ”

"They put a lot of money into the research?"

"Yes, boss. Many of their research projects have been halted for the sake of cancer drug research, just to save money. Actually, there is a research project that I think is more promising than cancer drugs. ”

"That's one of the things you want?"

"That's right, if it can be successfully acquired. I would advise you to leave that research institute behind. But use the money for that research project. ”

Link was a little curious, and said with a smile, "I remember you weren't a medical student!"

"But I'm a woman!" said Snapton earnestly. "Boss, I think you've heard of collagen?"

"I've heard that it is said to make people's skin better and make people younger. Could it be that the research project you are optimistic about is to study collagen drugs?"

"Nope. It is a study of how to extract collagen more efficiently. ”

"There are many companies that produce collagen now, but the cost of extraction is quite high. We learned that if the method they were working on was successful, collagen extraction would be easier and less expensive. ”

"Then why did your target abandon that research project?"

"Because that's not medicine. Their company is also not a collagen manufacturer. They believe that cancer drugs are more important. ”

Link thought for a moment and said, "What else? What else attracts you?"

"They have a sales channel of more than three thousand pharmacies in North America. And they would have been profitable. Whether it's their factory or their business, it's actually a high-quality asset. If it weren't for the fact that they were losing money, maybe their share price would be higher. ”

Link pondered for a moment and said, "So, if you restructure after the acquisition, it is profitable to sell the stock after the stock price rises?"

"Although that is not the most advantageous thing to do. But it's clearly like that. ”

"Okay, tell me more about your plan. ”

Snapton pulled out a thick briefcase and explained it to Link for nearly an hour.

After she finished speaking, Link pursed his lips and thought for a while, and said, "I can't decide for the time being, it will take a few days to think about it." I'll take a look at it here!" Because any wrong step may cause a decrease in income, or even a loss. He could not fail to be cautious.

Sna informed Dorlink that there was definitely a risk to consider. So she couldn't be any unhappy with Link's hesitation.

That's not necessarily distrusting her abilities. Rather, it's because $1.8 billion is a lot of money for anyone. No one takes a risk because of what someone else says.

And that kind of business can't be rushed. Even if Link nodded in agreement, she would need to do a lot of preparation before she could get started. Now that Link has said that she has achieved her goal.