Chapter 116: A Vain Resistance (Part II)
At the same time that Terry Gilliam angrily hung up his call to the hapless agent Jim Toth, Zhang Lexing's car was not far from the Pennsylvania Hotel, but this short distance was not a minute or two, because he was stuck in a traffic jam again.
I don't know if it's too lucky, or how to do it, Zhang Lexing, who has been to New York several times in the past and hasn't encountered a traffic jam, actually encountered it this time, and it is the kind of big traffic jam that blocks a few streets, so that the car he sat in has been moving on the road for an hour and has not yet reached the Pennsylvania Hotel, but the actual drive is only fifteen minutes, if it is not for worrying about the pervasive "paparazzi", he even considered whether to simply walk over.
Looking at the car dragon who couldn't see the end at a glance in front and back, Zhang Lexing sighed and thought: "I knew that it would be better to get a helicopter to come over......
Three minutes later, the 15th floor of the Pennsylvania Hotel ......
Thomas Karinske put down the phone in his hand and said to Mai Jiajun: "Mr. Zhang may be there in a while." ”
"Oh, it's not too far from the airport. Mai Jiajun put down the teacup in his hand and asked puzzledly.
"Mr. Zhang encountered a traffic jam, and it was the kind of thing that couldn't be solved for a while. Thomas Karinske smiled and said that he had a sense of relief when he first heard the news on the phone, perhaps because everyone didn't like to be stared at by their bosses.
"Heh~" Mai Jiajun smiled bitterly, today is really a wonderful day......
After five minutes, Thomas Karinsko's cell phone rang, he picked it up and put it to his ear, and after a few words, the expression on his face changed, and a relieved smile appeared on his face. Mak noticed the change in Thomas Kalinsk's face, and then a relaxed smile appeared on his face.
When Thomas Kalinsk hung up, McGarin shouted and asked, "Hey, Tom, there's good news?"
"That's right!" Thomas Kalinsk shook his phone and said happily, "Dean Acheson's side has negotiated, and we have enough chips now." ”
"Very good," Mak stood up, clapped his hands, and shouted to the staff sitting in front of the computer, "Guys, we can start now, start buying in bulk!"
"OK!" the staff agreed, and began to operate quickly on the computer, occasionally saying something to the phone that had already been answered, and the luxurious suite suddenly became extremely busy.
……
Boring to play the snake game on the mobile phone, Zhang Lexing misses the convenience of the era of smart phone development, at this time, not to mention using a mobile phone to surf the Internet, just want to play a game on a mobile phone is very simple, in this "Snake" is a delicate game, how high can he expect from mobile games, maybe another one, In two years, the situation will be better, but for the time being, it can only be mixed between monochrome and black and white, just like the early days of computer games, the only benefit is that the battery life is still relatively long.
Now don't talk about mobile phones, even a handheld computer with slightly stronger performance is not much worse, and there is no better game to play, to be honest, Zhang Lexing thinks it's not as interesting as a GameBoyColor. It's a pity that limited by the performance of portable devices now, no matter how big his grievances are, he can only wait slowly.
The car slowly stopped again, Zhang Lexing looked out through the window, and there was still no end in sight, and the legendary Pennsylvania Hotel was still nowhere to be seen, which made his idea of trying to go on foot once again.
Portucket, Rhode Island, Newport Ave., ......
Half an hour ago, CEO Al Verikchar decisively issued an order to use part of the company's reserves to intervene, with tens of millions of dollars invested in the stock market, Hasbro's stock price miraculously stabilized, just five minutes ago, there was even a rebound, although the speed of the recovery is very slow, and there will be occasional recurrence, but Al Verikchar feels that his response still works, at least this is a good start.
"Alright, let's move on to the next course of action!" Al Verikchar, who received the good news, was in a good mood, gently knocked on the conference table with his hand, looked at the high-level people sitting at the conference table, and said, "Do you have any other good ideas?"
Everyone didn't know how to speak for a while, before several people put forward their own opinions, but there are one or another shortcomings, either the need for funds is too great, or the person who made the proposal is not sure of himself, for example, there is a guy who put forward an effective but useless proposal, he actually suggested that the company acquire other toy companies to expand the company's strength.
If it weren't for the public, Al Verikchar would definitely have a good "greeting" to this guy, where is the current situation of Hasbro where there is still money left to buy others, and it is fortunate that no one will buy him. Sometimes, when Al Verikchar thinks of the "Anti-Monopoly Law", he thinks that this law is really great, if it were not for the "Anti-Monopoly Law", maybe the powerful Mattel would have badly acquired the catch-up Hasbro and dominated the toy industry.
After a long pause, a trembling voice came: "I...... I think the most important thing now is to dispose of the Star Wars toys as soon as possible, even if it is worth losing some money, so that it can not only free up the warehouse to reduce the cost of warehouse management, but also return a considerable amount of funds......"
Al Verikchar looked in the direction where the voice came, and it was a guy in a T-shirt with black-rimmed glasses who had just spoken, and he had a little impression of this person, a newly promoted department head, who seemed to be named John Frascotti. Although the suggestion of clearing the inventory was too ordinary and inexpensive, since no one else could say anything now, Al Verikchar decided to listen to it first and see if this guy could say anything different, so he gave John Frascotti an encouraging smile and motioned for the other to continue.
After receiving the CEO's affirmation, John Frascotti's courage increased dramatically, and his words became more fluent and coherent: "I have studied the company's current situation, why is there a loss? Consumer acceptance of Star Wars toys is one aspect, but more importantly, the production cost of our toys is too high, if we can move the production part to a lower cost area, we will be able to greatly reduce the production cost, and obtain stronger competitiveness...... In addition, I think the company should not only focus on the traditional markets in Europe and the United States, but also try to explore some emerging markets, such as China......"
After John Frascotti was promoted to department head, he spent a lot of energy researching Hasbro and had a lot of personal opinions about the company's current predicament, and now he felt much more comfortable and looked at the CEO with anticipation, hoping to get the other party's approval.
Al Verikchar pondered for a while, and John Frascotti's proposal could not be said to be bad, "return funds", "reduce production costs", and "open up emerging markets" These are very good suggestions, but there is no immediate effect on improving the current predicament, the method of selling at a lower price in exchange for the return of funds is OK, as long as it can bear the necessary direct losses, it is not so easy to transfer production plants, at present, Hasbro has two-thirds of its production capacity achieved through OEM, and the remaining one-third is in the United States, if it is transferred, it can only move the remaining one-third, and the consequence is naturally that a large number of workers are unemployed, and the union will definitely not agree. As for the development of emerging markets, perhaps China is really magical, 2, 300 million children among the 10 to buy Hasbro toys will be a huge amount of income, but the policy changes there are really a bit of a puzzle, more than 10 years ago Hasbro authorized Transformers toys encountered this situation, inexplicably withdrew from the Chinese market.
Al Verikchar remembers seeing some of the translated articles, which are said to have been published in official Chinese newspapers, "From 'Transformers,' I thought of the 'Opium Wars.'" Unlike opium, King Kong is not poisonous, and it does not use artillery fire as a medium. However, there is also a bit of similarity between the two, the 'opium' was exchanged for silver from China, and the 'King Kong' caused China to lose such a hard-won foreign exchange. Although the two cannot be compared, I have a vague feeling that this seems to be a 'King Kong War' that is quietly starting out......"
As for the meaning of these articles, perhaps because the Oriental language is too mysterious, Al Verikchar did not fully understand, and it was also very inexplicable, obviously just selling toys, how could it be compared with the illegal commodity "opium", so he also felt that the ancient and mysterious places in China, even the local people think so differently. Since then, it didn't take long for Hasbro's toys to withdraw from the Chinese market, of course, there may still be some through other channels, but that has nothing to do with Hasbro.
Now there is a proposal to enter the Chinese market. Verrick Char is not unable to try, after all, over the years through TV and movies have also learned some changes in China, it is said that there is a big difference between now and more than ten years ago, especially for business people, but he is a little worried, in case the policy direction changes, Hasbro can not afford to blow again, so even if you want to enter the Chinese market, you must be extremely cautious, rather slow than make mistakes, so this has become a slow method.
"Isn't there a good way to make Hasbro make money as soon as possible without spending too much money?" Al Verikchar couldn't help but shout in his heart, of course he couldn't say this kind of thing directly, otherwise people would think he was a waste.
……
At the same time, on the trading floor of the New York Stock Exchange, Fred Hart ran out of the bathroom with a sigh of relief, hurried back to his seat, and glanced at the pictures on several monitors, everything looked quite normal, although Hasbro's trading data flashed very quickly, but it was still out of the normal range, at least it looked like this. The plunge at the opening has been contained, and the price of the stock is slowly rising in the process of frequent trading, although the speed is very slow, according to this trend, even half of today's decline cannot go back, but compared to continuing to fall, this is at least good, at least to give everyone more hope.
Just as Fred Hart was thinking this, Hasbro's stock price suddenly seemed to be on a slide, and began to decline rapidly, falling by 1.5 percentage points in just a few minutes, and the situation was not good. A chill rushed over Fred Hart's back, and he quickly picked up the phone and dialed out: "Mr. Terrell, the stock price of Hasbro started to fall sharply again five minutes ago......"
……
11:50 a.m. local time in New York, 15th floor of the Pennsylvania Hotel......
Zhang Lexing, accompanied by two bodyguards, came to the door of the luxury suite, and at this time it was still busy inside, and Mai Jiajun was giving various instructions from time to time.
"Throw out 100,000 shares and control the price at 11 yuan ......"
"Start sweeping, eat everything below 11 pieces......"
"Pause, do it again in 10 minutes......"
"Keep an eye on the price and notify me when it's 11 pieces 6......"
Thomas Karinsk watched with his hands on the side, he is not his forte for things like operating stocks, strictly speaking, he basically belongs to watching the excitement here, but after all, this matter has a lot to do with him, and it is not his habit to sit back and enjoy it, so he has to help more or less and make some efforts, such as contacting those small shareholders outside the market or something.
A bodyguard stepped forward and knocked on the door, the cat's eye on the door flickered, and the door quickly opened. When Zhang Lexing walked into the door, Thomas Karinsk was already standing by the door, and said with a smile: "Mr. Zhang, welcome to come, you have worked hard all the way!"
Nodding at Thomas Karinske with a smile, Zhang Lexing continued to walk inside, came to Mai Jiajun's side and asked, "How's the situation?"
"Sorry, wait a minute!" Mai Jiajun did not answer immediately, but continued to issue various instructions with a serious face, it seemed that his side had now reached a critical moment, and Zhang Lexing stepped aside and stood quietly to watch.
"Mr. Zhang," Thomas Karinske said as he leaned over to Zhang Lexing, "the lawyer we sent out has obtained enough voting proxies, and now it's up to Mr. Mai to be on his side." ”
"Tom, good work!" Zhang Lexing smiled at Thomas Karinske and turned his gaze to Mak Jiajun's side again.
After about ten minutes, a relaxed expression appeared on Mak Ka Chun's face, and he turned around and made an OK gesture, which seemed to be successful.
"How's the situation?" Zhang Le walked over and asked again, and Thomas Karinske followed, with an expectant expression on his face.
"We have already acquired a 5.7% stake in Hasbro, and according to the law, we must announce the news within 10 days, plus the shareholders' meeting needs to be notified at least 10 days in advance, so I believe that the other party will soon realize that someone is trying to buy Hasbro, and it is estimated that we have about two days or so to go all out to buy Hasbro's liquid shares in the market...... "Mak Ka Joon introduced the stock market situation:" In order to ensure the success of the acquisition, we have reached out to a number of Hasbro's small and medium-sized institutional investors to prepare to start at the same time, buying outstanding shares from the market and a portion of the ...... We expect to have a chance to get about 17% of the shares......"
Zhang Lexing nodded with satisfaction, all kinds of preparations have been prepared, and then it will depend on the performance in the next few days, but he believes that in the case of mental calculation or unintentional, Alan Husenfeld will only be in vain no matter how much he resists.
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