Chapter 55 Acquisition Plan

Everything has pros and cons, different angles, and different points of view. Pen % fun % Pavilion www.biquge.info

Disagreements are inevitable, and there are many solutions to them. Some choose martial arts, such as war; Some choose to fight, such as debate.

Since he was a child, Lin Dong has never even watched the school debate competition, let alone participated in it in person. Now he has to stand in front of everyone and fight against Jin Fanxiu. The life of a casual worker is extraordinary.

Chief Executive Officer Lee Seok-woo also took the stage and stood in the center.

"For the sake of fairness, I will be the moderator for the following sessions. First of all, I would like to give the floor to Chairman Kim. ”

Jin Fanxiu was well prepared, took out a stack of documents from his briefcase, threw them to the nearest employee at random, and distributed them.

"My acquisition target is DAUM! Daum is very strong in the PC Internet field, and has many projects in the Internet field, which can be ported to our Kakao's mobile phone. And they are strong in the field of search, they have a lot of information assets. On top of that, DAUM, as a veteran technology company, has a very good team. ”

As soon as it opened, it took the lead and praised Daum as if there was nothing in the sky and no in the earth.

Then Jin Fanxiu carefully expounded his views on the prospects, feasibility analysis, and profitability of cooperation.

The homework was done sufficiently, and the level of on-site speech was also very high, reasonable, detailed and pragmatic.

In a word: the combination of Kakao, the mobile phone hegemon, and Daum, the computer giant, will dominate the Korean software industry, break out of Asia, and go to the world.

……

"Director Lin, Director Lin, wake up, it's your turn." Li Shuoyou reminded in a low voice.

"Ah~~Oh~~" Lin Dong yawned loudly, and then stretched, "I'm sorry." People are old and not in good spirits, please forgive me. ”

"Poof!" A group of department bosses wanted to laugh but didn't dare to laugh, and almost suffocated their internal injuries.

Like a wolf and a tiger, a peerless murderer Director Lin who fights dozens of people is absolutely impossible to "get old".

Then, the old man can only be the "otaku uncle" Jin Fanxiu.

This spit is really bad, it deserves to be the first ruthless person in Kakao, and it must not be provoked.

"Don't talk nonsense, it's useless." Lin Dong complained about Jin Fanxiu's nonsense again, and then raised two fingers.

"Two things. First, the market capitalization and size of DAUM are not small. So it's hard to make a wholly owned acquisition, at most it's a merger. The image point of the statement, backdoor listing. Then, Kakao will not be listed separately. As for the stock price after the merger, daum, a garbage stock, pig teammates, can't afford to make waves. ”

The leaders of the audience were stunned for a moment, and they made a lot of noise, as if they were exploding a pot. Without an IPO, how can you get rich overnight?

"It seems that Daum has long since fallen below the issue price."

"No, it can't be merged."

"Oh Xiba, it's better not to go public."

"Ahem, ahem! Be quiet! Jin Fanxiu's face turned red, and he hurriedly suppressed his irascible subordinates, "I promise that the share price of Daum-Kakao will gradually increase after the merger, and this merger will strive for a share exchange ratio that is favorable to Kakao." ”

"Ah~~oh~~" Lin Dong yawned again and stretched, "Chairman Jin, it seems that it is my time to speak." Since you don't want to listen to the people's opinions, you don't need to do this vote. You can do whatever you want when you look back. Everyone should resign, and everyone should resign, and continue to pat on the back. ”

For such a large company, if it really loses the support of the people, no matter how many shares it has, it will be hollowed out in minutes. Jin Fanxiu had to say embarrassedly: "I'm sorry, please continue." ”

"Huh." Lin Dong raised his finger and made a V-shaped gesture, "The second thing: Kakao now has more than three hundred and less than four hundred software engineers; And Daum has more than a thousand software engineers. ”

Lin Dong spread his hands and said quietly: "It is difficult for three hundred to merge with one thousand, but it is easy for one thousand to merge with three hundred. In order to facilitate management, I am afraid that many departments must be led by people from DAUM. After the merger, will you still be eligible to participate in such a meeting? It's hard to say. ”

Once again, the audience fried the pot and talked about it.

Jin Fanxiu was also stunned again and speechless.

Hit the hole of death!

Lin Dong didn't analyze the prospects of the DAUM industry and other professional things. In this regard, he will definitely not be able to play with Jin Fanxiu, a professional.

Lin Dong only mentioned two private goods, money and power.

In terms of personal interests alone, merging Daum is definitely not a good thing for Kakao's original management.

"Ahem, ahem! Calm down. Next, I am going to talk about my acquisition intentions. ”

The scene was instantly silent. The heads of various departments have been suppressed by Lin Dong's previous performance.

The temporary workers who played the debate speech for the first time started from their personal interests and held the audience with self-interested remarks that sought truth from facts.

"My acquisition target is Loen Entertainment, a subsidiary of SKT, Korea's largest telecommunications company."

"First of all, this company accounts for more than 60% of the music market in South Korea and is the undisputed industry leader. The acquisition of it as a subsidiary is able to show the strength of Kakao. The subsidiaries are so good, and the parent company is listed, it will definitely not be bad. It's a popular idea, right? ”

"Haha."

"Interesting."

unprofessional point of view, but the audience nodded in agreement.

Lin Dong: "Secondly, there are actually many projects in Kakao that can be linked to music. I don't like background music when playing mobile games, so change the song. Can't coax a girlfriend? Send her a song. Is it too monotonous to have only pictures in the circle of friends? Whole background music. In this way, I believe that my colleagues in the development department will have a lot of new ideas. ”

"Inside."

Lin Dong: "Third, Loen's audio source website has accumulated a large number of online payment users. As long as they are converted into Kakao payment users, it will be of great benefit to Kakao's other charging services. ”

"That's right. As long as everyone is used to using Kakao to pay, it is easy to open the market for all other charging items. ”

Lin Dong: "Hehe, it seems that everyone understands people." Then don't talk about these professional things. Fourth, Loen's market capitalization is only about 10% of Kakao's, and it can be fully acquired by equity swap or bank loans. As an independent subsidiary, there will be no impact on Kakao's personnel changes. ”

"Inside."

The balance in the hearts of the leaders of various departments has tilted in favor of the acquisition of the LOEN plan. Spending a small amount of money and doing big things will not affect the position of power.

"Finally, and most importantly." Lin Dong was serious and said seriously: "I'm a fan of IU. I just want her to be an employee......"

"Poof! Aha~~"

A serious nonsense made the tense conference room laugh.

The atmosphere is in perfect control.

Jin Fanxiu took off her glasses and rubbed her brows. The result is already clear, a complete defeat.

In both public and private, they all lost.

"There is no need to vote again, and I agree with Director Lin Dong's proposal. Lee Seok-wooxi, submit me a detailed acquisition plan as soon as possible. Also, keep your mouth in check and your greed. I don't want a scandal within insider trading. Do you understand? ”

"Inside!"

Jin Fanxiu saved face a little with a dignified posture and left the conference room with his head held high. (To be continued.) )