Chapter 310 Good Faith Mergers and Acquisitions, Hostile Takeovers

If it is not a bona fide merger, (), but a hostile takeover, which is a threat to other online game companies, and even a naked one. Thinking about it, Mr. Cao of the new wolf network also criticized Lin Feng, ridiculing Lin Feng for not being able to do anything, and now it is good, the "second shijie" directly acquires it in the stock market through the secondary market. This is too overbearing! It's too shameless! But it also proves that the "second shijie" is now strong, although in the global game market, the "second shijie" is just a new army, but in China, it has become an unshakable giant.

Whether it is a bona fide acquisition or a hostile merger, it is by no means good news for these online game companies. They can only hope that the new wolf net can stand up to the domineering behavior of the "second shijie" and become the optimus prime above their heads.

Mr. Cao, it's a gentleman, just stand up straight, don't lie down!--Countless CEOs of domestic online game companies prayed silently with tears.

The financial community is also extremely shocked, after all, this is the first acquisition through the stock market in Asia, coupled with the previous grievances between the two companies, many experts have speculated whether Lin Feng can enter the new wolf network. Especially in the face of this kind of naked hostile takeover, with the grievances of the two companies, no one believes that Mr. Cao will give it up.

A war between takeovers and anti-takeovers is about to begin!

As for many netizens, they are almost on Lin Feng's side. Especially the tens of millions of players of the "second shijie" clapped their hands and shouted, shouting that Lin Feng had the best to acquire the new wolf network, saving Cao someone from chirping crookedly.

What's wrong with the "second shijie" repairing the first building of Shijie, it's about your birds, spraying there, you can also fix it yourself if you have the ability! Just a "Magic Baby" that the "second shijie" doesn't want, make a little money, and show off like a treasure! -- Many loyal players of the "second shijie" lashed out at the new wolf net.

As for the users who support Xinnet, especially many users who are "Magic Baby" players, after learning that Lin Feng acquired 195% of the shares of Xinwolfnet, they began to hesitate. After all, the success of "Second Shijie" is there, if under the leadership of Lin Feng, can "Magic Baby" be more successful?

However, Sou, NetEase, and Tencent, which are also the four major domestic portals, have ambiguous attitudes. Sohu and NetEase both pointed out that the "second shijie" is a network company, although Wolf acts as an agent for the game, but his essence is a web portal, and the merger of these two companies cannot be 1+1 > at all2 effects, and perhaps the opposite. Perhaps out of bitter lip service, the two companies are adamantly opposed to such hostile takeovers.

Tencent.com, however, is a bit of a simulation. On the one hand, a few new wolf networks can have a broader market in the portal industry. Sohu and NetEase are both sick seedlings, and if there is no accident, it won't take long to jump. Only the new wolf network relied on "Magic Baby" in front of Tencent. If the net collapses, the net will naturally be the biggest beneficiary.

However, the "second shijie" acquired the new wolf network. and interested in getting involved in the portal. That's for Tencent. It's not good news. That's gone!

The foreign media was also shocked.

Especially for Lin Feng. This newcomer to the local business world has only emerged in the past two years. It's too glaring. Carefully flip through its records. It seems that in the last half a year. The big money goes on and on. It's overwhelming.

No matter how all walks of life question or expect, the share price of Wolf Network was released after Lin Feng released the acquisition of 195% of the shares of New Wolf Network. The stock price has risen to 57 yuan. Obviously, for many investors. Lin Fengdi strongly intervened in a good news. "Second shijie" succeeds in that. Judging from the miracle created by Lin Feng, he can have the ability to lead the new wolf network to create the glory of the new land.

Relative to the outside world of various opinions. Internally, Lin Feng suddenly announced the acquisition of 195% of the shares of New Wolf. The board of directors had to be convened on an ad hoc basis. They have to figure it out. Lin Feng: This is a bona fide merger and acquisition. Or a hostile takeover.

Good faith mergers and acquisitions. It's a merger of two companies. Creates a 1+1>2 land effect. Look at it for now. It also has this effect. Hostile mergers and acquisitions. It is a means used purely for the purpose of increasing capital. When the target company's share price is below market capitalization. Sell it for cash after the acquisition. This is also absolutely unacceptable to the board of directors of the new wolf network.

As the largest individual shareholder and chairman of the current management of New Wolf Network, Cao always absolutely does not believe that Lin Feng wants to merge and acquire New Wolf Network, I am afraid that once Lin Feng successfully enters the board of directors of New Wolf Network, he will sell New Wolf Network's most profitable "Magic Baby" today. As for the seller, needless to say, who else could there be besides the "second shijie"?

Even if Lin Feng adopts a merger and acquisition plan, hoping that the two companies can be 1+1>2, but Lin Feng is in charge of the board of directors of New Wolf Network, Mr. Cao himself only has 1 share, but Lin Feng has 195% of the shares.

However, if you want to fight against Lin Feng, it is too difficult. The equity distribution of New Wolf Network is too scattered, and the company's eight senior executives only hold 20% of the shares through this MBO case, and Lin Feng personally holds 195% of the shares, ten

Jinhe 10 investment institutions hold a total of shares, and retail investors hold 9% of the shares. How many of them supported themselves and how many supported Lin Feng, Mr. Cao was not sure.

"Mr. Cao, I propose to use 'poison pill jihua' to deal with Lin Feng's hostile takeover. Chief Financial Officer Yu Jun also did not hesitate to define Lin Feng as a hostile takeover.

The rest of the management also nodded. Although they were dissatisfied with Mr. Cao's external declaration, the stock price of New Wolf Network fell. But that was their internal contradiction, and now that Lin Feng intervened strongly, they naturally hugged together to fight against foreign enemies. What's more, they really don't have a good impression of Lin Feng. Although Lin Feng's arrival may make the new wolf net take off, Lin Feng may also be to dismantle the new wolf net. They would not dare to take that risk.

If you want to acquire New Wolf.com, you can. However, we must sit down for a face-to-face meeting, and if we want to forcibly buy it from the secondary market, no! -- this is the consensus reached by the board of directors of the company.

Subsequently, Mr. Cao held a press conference, repeatedly emphasizing that Newwolf welcomes any investor to become the owner of Newwolf, but firmly opposes the acquisition of Newwolf by using shares in the secondary market. He also warned that if Lin Feng owned 195% of the shares of the new wolf network, and then there was more, the new wolf network would take the "poison pill jihua" and distribute new shares, and all the shareholders of the new wolf network (except Lin Feng) could buy half of the new shares at a price of 1.

Mr. Cao's declaration was released, and the industry was shocked again. If the new wolf network really starts the "poison pill jihua", the money that Lin Feng wants to spend on acquiring the new wolf network will be the previous 1. With the current market value of New Wolf, this is an absolute loss-making business, and the "second shijie" does not have so much money to acquire it.

"Of course, I hope to be able to communicate with Lin Dongxing, I think there should be many aspects of cooperation between our two companies, and I believe that this will be beneficial to both of our companies. Mr. Cao also didn't want to really launch the "poison pill jihua", which would not be beneficial to the company's future trend.

All eyes of the industry are once again aimed at Lin Feng. Will this "second shijie" led by the youngest richest man in the mainland retreat, or compromise and cooperate.

Many "second shijie" players are also paying close attention to this matter. They are eager for Lin Feng to buy new wolves (many players instinctively hate new wolves that have close ties to the Japanese), but they don't want Lin Feng to buy new wolves at an unaffordable price.

In response to Mr. Cao's provocation, Lin Feng was: To everyone's surprise, he just mysteriously remained silent, neither avoiding nor facing the war. At this time, the stock price of the NASDAQ and the new wolf network stopped at 566 yuan. If Lin Feng chooses to communicate with Mr. Cao and choose to cooperate, the stock price of Xinwolf.com will soar, but Lin Feng chooses to buy strongly, and the stock price of Xinwolf.com will plummet.

In one thought, life and death are boundless.

However, to everyone's disappointment, Lin Feng did not respond at all, but went to Beijing to participate in CCTV's 2008 gold resources advertising bidding meeting.

Knowing Lin Feng's itinerary, Mr. Cao vomited blood angrily. For the sake of the company, he had to put down his dignity and publicly expressed his goodwill in the media that he hoped to communicate with Lin Feng and discuss the cooperation between the two companies.

Unexpectedly, Lin Feng didn't respond to this at all, and he didn't even make a phone call, and now Lin Feng went to Beijing to participate in CCTV's 2008 gold resources advertising bidding meeting, but he didn't come to the new wolf network, which made Mr. Cao feel despised and extremely despised. But at this moment, after Lin Feng owned 195% of the shares, he never made any moves. Not up or down, stuck in the middle, like a stem in the throat.

On November 8, 20C11, Lin Feng appeared at the 2002 gold resources advertising bidding meeting of the imperial court TV.

For the appearance of Lin Feng, many manufacturers who participated in the meeting were surprised, and now the acquisition and anti-takeover between the "second shijie" and the new wolf network is a critical moment, but Lin Feng appeared in Beijing, which is incredible.

And seeing Lin Feng smiling, he easily greeted the boss he knew, which made everyone even more dazed. I don't know whether to admire Lin Feng's calmness, or whether to admire his newborn calf who is not afraid of tigers.

"Brother, that's good, how about it, are you going to buy the new wolf network this time?" Shi Yuzhu of the Giant Group asked affectionately patted Lin Feng on the shoulder. Although he did not buy New Wolf shares, he was extremely curious. This is the most concerned news recently, but Lin Feng did not respond and hung everyone in the air.

"Hehe, I'm just investing. Lin Feng just smiled. I also know in my heart that the outside world is waiting for my response, but at this stage, I am not in a hurry, let them wait slowly!

Shi Yuzhu also smiled and stopped asking. He just asked casually, and didn't really expect to get an answer.

"By the way, Brother Lin, the "Journey" we co-developed will be launched during the Spring Festival, I don't know what the prospect is?" Shi Yuzhu looked at Lin Feng and sighed again and again!