Chapter 816: Acquisition [Asking for a Monthly Pass]
"Did this guy do it on purpose to show anyone?"
On the Internet the next day, as well as some newspaper sections, there was a scandal of "Kim Sung-won dating Shin Se-kyung", but there was no news about the conflict between Kim Sung-won and Choi Min-ro.
In the report, there are photos of Kim Sung-won and Shin Se-kyung walking out of the hotel together. Obviously, someone deliberately only captured the picture of the two people, and Han Jimin and others did not appear in the photo.
As a result, someone couldn't help but have the above thoughts after seeing it. On the contrary, it was Taeyeon, who was used to this kind of report, so he just asked a few words.
……
In addition to preparing for "Strong Heart", Jin Shengyuan's main work in the recent period is the company's affairs and receiving awards.
As the end of September approaches, all sorts of awards are coming. In addition to the famous grand award ceremonies at the end of last year, various websites and newspapers have also held award ceremonies, but the scale is not large, the reputation is not obvious, and popular artists such as bigbang and girls' generation will not participate.
Few people noticed, or even did, that there were fewer newspapers holding the awards ceremony today than last year. There are so many awards ceremonies in South Korea, big and small, that no one cares if they don't have a few of them, as long as they aren't a prestigious one.
Insiders in the newspaper industry vaguely know that a strange air flow is brewing in the newspaper industry! A medium-sized newspaper called KY Newspaper has acquired several other medium-sized newspapers of similar size, and it is rumored that it is in the process of acquiring one of the top major newspapers in South Korea!
The latter news is just hearsay for most people, but it does not prevent them from conjecturing and discussing, and they all wonder which consortium the KY newspaper has received.
Previously, although KY Newspaper also had a certain reputation in the circle, it could only be attributed to the midstream level. But since the exclusive revelation Christopher. After the relationship between Nolan and Kim Sung-won, the fame of the KY newspaper spread throughout most of South Korea. Then there were many moves, and several medium-sized newspapers were acquired at a jaw-dropping speed, and before they were even integrated, there was news that KY Newspaper had launched an acquisition of another large newspaper in South Korea, which ranked among the top 10.
If there is no external funding. The behavior of the KY newspaper is tantamount to a snake swallowing an elephant and killing itself.
However, these news are only circulating within the press, and not much attention is paid to this by the outside world. After all, there is no definite evidence, and it is difficult for unrelated people to take an interest in such an event.
What really caught people's attention was another piece of news: "A call to break down the regulatory barriers to media ownership in South Korea!" Relax the rules and promote the development of Korean media companies as well as international competition! ”
The source of this news is no longer possible to investigate, but with the help of the spread of liliang on the Internet and well-intentioned people, it soon spread throughout South Korea.
The government has long been at odds over whether to relax the rules governing the media industry. The incumbent president, Lee Myung-bak, is in favor of policy easing, but opponents say. South Korea is still out of step with other regional jishu and media trends.
For a long time, South Korea has been dominated by the three major TV stations and M TV. While some newspaper outlets have been operating cable channels for a long time, they are limited to certain types of content and cable operators are not required to transmit them.
Now the purpose of this news is clearly to go straight to the new TV station! Anyone who has a heart can see it at a glance.
While the arguments between the supporters and opponents have not stopped, it is clear that the supporters have the upper hand. As early as July this year, Congress passed a law related to the reform of the media industry, but I didn't expect that someone would want to go further so soon.
It doesn't matter who the communicator is. What is important is that the three major newspapers, Chosun Ilbo, JoongAng Ilbo, and Dong-A Ilbo, have long been salivating over television stations!
As soon as the news spread, the three major newspapers began to try to add fuel to the fire. After finding that the situation was favorable, he quickly increased his efforts.
The pro-side and the anti-side sides of the government are once again discussing and arguing.
……
Founded in 1966, Mailkei is the most famous economic daily newspaper in South Korea, and has been hailed as "Korea's lifesaver" for accurately predicting the 97 financial crisis, and has become one of the four most popular high-quality newspapers among Korean leaders, university students, financiers and academics.
After the success of this campaign, the "Daily Economy" ambitiously wanted to become the leader of South Korea's economic development and scientific and technological progress, trying to follow the example of "Chosun Ilbo" to penetrate every corner of South Korea.
However, with the advent and popularization of the Internet, the market for traditional newspapers has been hit hard, and many newspapers have closed down. Although the Mail-Keizai is the most popular economic newspaper in South Korea, it has suffered relatively little damage. But the pace of development has also stalled.
From 2007 to 2009, the development of "Daily Economy" even showed a trend of regression! Especially in the 2008 economic crisis, the "Daily Economy" failed to warn in advance, which made the mysterious aura of the newspaper's operation suddenly dimmed a lot.
In 2009, the South Korean government did not follow the advice of the Daily Economy to make amends, which further hit it. It's really "success is also Xiao He, defeat is also Xiao He"!
This is the news that the traditional newspaper industry wants to enter the television media. The Daily Economy is also divided into two camps of debate. On the one hand, they are naturally supporters, believing that the establishment of a television station can greatly increase the influence of the newspaper and obtain a wider source of income. The opposing side argues that the TV station is too invested and must raise a large amount of money in order to equip the TV station and arrange the programming. However, given the government's control over advertising rates and sales, the return on investment is uncertain. What's more, it is not certain whether this thing can be done or not.
The two sides argued, and after several unsuccessful management meetings, it was simply handed over to the board of directors.
However, on the day of the board meeting, something happened to most of the board members who were stunned - they actually received an announcement and a simple preparatory takeover offer!
The three shareholders who originally disagreed with each other actually signed an agreement with a third party to acquire the agreement, and have already made a written report to the stock exchange, and will formally complete the acquisition agreement in three days!
This announcement has already taken everyone by surprise, and the subsequent takeover offer has left them even more stunned! Once the agreement acquisition is completed, the third party will hold 31% of the shares, and the tender offer will be officially launched!
The change came so quickly that the shareholders, who were bent on persuading the opposition, were caught off guard, looking at the two documents in front of them, unable to speak for a long time.
The rumors that the KY newspaper launched an acquisition of a large newspaper are true! Moreover, "a large newspaper" is "Daily Economy", but the acquirer is not KY Newspaper, but the investment company behind them.
The matter is not a secret among the board members, almost all of whom have received an offer to buy, but none have made a decision before. The reasons are manifold, of course, and although the development of the Daily Economy has regressed, it is also a difficult decision to abandon it so soon.
But I didn't expect the "surprise" to come so quickly!
However, after looking at the takeover method in the preparatory tender offer, some shareholders understand the feelings of the three former shareholders. The other party actually bought it in full with cash! No wonder they make a decision so quickly. Strangely, the name and address of the acquirer in the tender offer are not filled.
Many of the shareholders who supported the side were originally neutral shareholders who joined the support side only after being told to move, but now after seeing the takeover offer, some people's minds are beginning to move. Not only them, but even the two or three shareholders who were already on the side of the support were a little hesitant.
The rest of the shareholders who took a firm stance saw that the situation was not good, and after quickly communicating with each other, they were ready to stand up and stabilize people's hearts. However, at this time, a shareholder who had already signed the agreement to buy the deal said in advance: "The acquirer wants to talk to everyone. Speaking of this, he paused slightly, with a strange look on his face, and then said: "I think everyone must be very interested in him!" Not only him, but even the other two shareholders beside him also showed strange expressions and nodded slightly in agreement.
The rest of the shareholders exchanged their heads after a moment's exchange. You have to face it sooner or later, so it's better to know about it in advance and make preparations.
After informing the staff to invite a third party outside the door in, except for the three shareholders who had already signed the agreement, the other nine shareholders all showed slightly curious looks.
Who will be this acquirer? Listening to the meaning of those three, it seems that it is just one person who wants to buy the shares in their hands!
"Ahh After the visitor entered the conference room, all nine shareholders couldn't help but let out a cry of surprise, and some even blinked to confirm whether they had seen the wrong person.
Kim Sung-won? How could it be him? Could it be that he has sold the business that he has just integrated...... A series of conjectures kept surging in everyone's minds, and their eyes slowly moved with Jin Shengyuan's pace until Jin Shengyuan stood still at the conference table and bowed slightly.
"Hello directors." Jin Shengyuan's voice broke everyone's surprise, "First of all, please remember my contact information!" I think someone will use it soon. ”
In a simple word, everyone felt his strong will! Several of the shareholders couldn't help frowning slightly, too strong!
"Oh, by the way, I don't think I need to introduce myself, do I?" After leaving his contact information, Jin Shengyuan said with a chuckle. Just when everyone also chuckled, thinking that his previous strength was just deliberate, they heard him continue: "First of all, I will use cash to buy shares, I agree to open a TV station, and after the tender offer is completed, I will inject capital on a large scale!" ”
There was silence in the conference room. (To be continued.) If you like this work, you are welcome to vote for recommendation and monthly passes, and your support is my biggest motivation. )