Hostile takeovers are actually a thing that is contrary to the long-term development of the enterprise.

In the process of development, an enterprise will have its own human capital, supply and marketing network, debt relations, and once it suffers from a hostile takeover, these relationships will be destroyed, and the first to be unlucky are those who lose their jobs, cut wages and suspend their jobs due to changes in the company.

In their eyes, hostile takeovers are the means of plundering the wealth of the capitalists, and to put it mildly, robbery.

Because of this, after Carl Icahn carried out the Round-the-World Airlines plunder, many states in America began to amend corporate laws in the form of legislation to limit the bloodthirsty methods of the wolf king.

It's like the Mosaic League, in order to limit George McCann's play, doubling the width of the three-second zone and setting the 'three-second violation' rule, it's like continuing to expand the three-second zone and enacting the 'interference' rule in order to limit Wilt Chamberlain's play; it's like modifying the 'walking violation' in order to limit LeBron James's play, from taking one step to counting the violation to taking two steps to violating the rule, and then changing it immediately after the 'Hibbert hit James elbow with his face' 'Vertical take-off defense' rules are the same......

Hiss!

Something seems wrong?

Huh!

That's what it means, anyway!

Most of the time, the law exists to protect the weak, and after the states amended their own corporate laws, the hostile takeovers have dropped a lot, in the case of Pennsylvania, the new corporate bill stipulates that the company to be acquired has the right to take possession of the profits made by shareholders from the sale of shares to the 'hostile takeover' for 18 months after the announcement of the 'hostile takeover' plan, and the shareholders can't even get the money, so they are not willing to do things.

But the problem is that the hostile takeover behavior has gradually declined due to legislative reasons, but the ferocity of the hostile takeover has soared with the restrictions of the legislation - since the law stipulates that the target of the acquisition can take the profits obtained by the shareholders from the sale of shares, then we will not let the hostile takeover be judged!

In the past, hostile takeovers were all company-to-company, but now, private equity funds control everything.

When it is determined to use the method of sniper public purchase, the shareholders who want to get rid of the shares can directly sell the shares to the corresponding private equity fund, if this step has to be defined by law, that is, the shareholder reduces, and the private equity fund feels that the target company is developing well and can be held for a long time, so it takes over.

Is this a hostile takeover?

Not counts!

Is it a hostile takeover to sell shares to a number of private equity funds so that their shares do not exceed the disclosure red line?

It doesn't count!

Because it's a sale of shares!

There is no acquirer at all!

What is a hostile takeover?

As a result, the shareholder who wanted to sell his shares has already run away in the name of reducing his shareholdings, and in any hostile takeover after that, the target of the acquisition will not be able to take advantage of the profits made by the shareholders from the sale of the shares.

Because I first reduced my holdings and got rid of them, and after I ran away, only then did the company make a hostile takeover of you, and those private equity funds for money saw that the other party made a good offer and agreed to the acquisition offer, and then they started to do things.

Regardless of whether it is from the point of view of conduct or law, it is two cases here.

Even if the defendant goes to court, even if the jury of judges knows that this is the operation of a hostile takeover, they can only watch the former shareholders take the money and run away, because the rules allow it, it is completely legal.

If it's not legal, then no one will open a company!

Reducing holdings is not allowed, so what am I doing to open a company? Do good deeds?

Of course, if the former shareholders are legitimate, then private equity funds are actually illegal.

But no private equity fund is afraid of being stuck in its profits by the target of the acquisition.

Because those guys who dare to do things are already buried in the cemetery!

These guys who have ideas and want to do it, it is impossible to only hold shares of a listed company, if you dare to card my profits, I will dare to hit your company, and your stock price will plummet! Beat your business to a standstill!

If you want to card me for eighteen months, then I can send you and your company to God in eighteen months!

Those who do this business are actually grabbing money, and the partners behind these private equity funds know it well.

Since it's a robbery, you have to let others be afraid of yourself, if you are stuck once, and there is no response, then the trader can withdraw the skirt, because the next time you operate, no one will be afraid of you!

Carl Icahn is the king of wolves, but it's not the same as pounding his chest and roaring push-ups, and fighting and retreating.

He'll fight those listed company fears and keep this debuff going through!

Because of this, when Carl Icahn said that he would buy Yahoo shares at a 10% discount, Roland agreed without even thinking about it.

Paying some money to let those private equity funds take all the dirty work in their arms not only saves themselves a lot of trouble, but also can maintain their own good image.

Now that both parties have reached an agreement, the deal is officially launched, and David Olson first submitted a report to the SEC on Overwatch Ventures' reduction in Yahoo, and then sold his shares to a private equity fund designated by Carl Icahn in accordance with laws and regulations.

Since it was a major shareholder holding 16.5 percent of the shares, the deal would naturally be reflected in the official report, although David did not explain the deal, and even Yahoo itself only learned about it shortly before the deal was concluded, but ...... What can they do?

After some inquiry, after learning the name of Carl Icahn, they chose to shut up if they wanted to continue to mix in this market, and Yang Zhiyuan and David Ferro, who couldn't understand it, could only accept that Roland Allen was preparing for a wedding and needed a lot of cash.

There is no way, for the current Roland, the word love is a universal brick, where it needs to be moved.

Now the whole world knows that Roland spent 50 million on jewelry alone in order to propose to Kate, plus some slightly disclosed luxury house prices, and 100 million was spent as soon as he talked about it.

In the case of spending money like water, it is understandable to sell some stocks a little to cash out.

And even if he throws it all away, he can fool around with the excuse of putting his family first.

'These shares have caused a lot of turmoil in my quiet life, and in order to ensure that my private life and Kate are not disturbed, I decided to sell my shares and leave the market and start some other small business that is not a hassle......

It doesn't matter if others believe it or not, Roland believes it anyway!

That's the disadvantage of starting from scratch......

If anyone wants to deal with Amazon, Jeff Bezos can definitely get an early warning from Warren Buffett and David Shaw.

If anyone wants to rob Google, Eric Schmidt will be able to get the latest news from Wall Street.

Even if many people think that the predators on Wall Street are too greedy, more people will still embrace them while knowing the situation, not because playing finance can make more money, but because the more these predators make from themselves, the more they will reveal a little life-saving news to you at a critical time.

Even if the purpose of their disclosure is still to let you hire them to fight back, the fundamental goal is to make money from you, but getting rid of a little money is much better than being killed by someone else without knowing it!

And now......

With the sell-off of Overwatch Ventures, Carl Icahn's non-public holdings, and the private equity funds that smelled blood and wanted a piece of the pie were all surrounded like wolves.

Yahoo stock price –

Keep it up!

…………

At the same time that Carl Icahn and Ronald Perelman inadvertently put the butcher's knife on Yahoo's neck, the actual owner of Blizzard Capital is nursing the child at home!

Life and death in the outside world?

I don't have anything to do with the rain!

I prefer to tell stories to children rather than intrigues!

"'It's called a phone number.' He told Ron, 'I told you how dad used the phone last summer, call me, okay?' I can't stand to just talk to Dadri for two months......'"

In the pale pink children's room, Roland sat cross-legged with the book in the center, reading aloud with emotion.

As soon as he finished speaking, Kate, who was sitting next to him on his left, lifted her hair, squinted at the book, and continued: "'But your aunt and uncle will be proud, won't they?'" Hermione got off the train, 'when they heard what you did this year?' ’”

"'Proud?' Harry said, 'Are you serious?' I didn't manage to die during this time, they're going to be angry! ’”

Roland's voice was raised with sarcasm and self-deprecation, and the next second, he shut up and read the narration, "Then, together, they walked towards the door to the Muggle world. To be continued......"

"Oh......"

When Roland spit out the regrettable result, the three little guys sitting around also sighed helplessly.

"Gone again?" Ashley asked, pouting.

"How is it so fast?" Mary was a little reluctant.

Elizabeth, who was holding her cheeks in her hands, looked hard at Roland with her big eyes, blinking blingblingly.

"Roland, when will the next book come out......

"Aunt Rowling writes so slowly......"

It looks like a kitten.

I found a fish named the author lying in front of me, so I curiously leaned over and sniffed it.

Hey?

It tastes good!

Immediately after, a bite was taken......

Mouth area!

Why is this fish so salty?

Deserves to pounce!

Dislike the face .jpg

"I don't know when she'll finish writing ......"

Roland shrugged, "But she'll definitely call me if she's done." ”

"And you're so much better than everyone else, okay?"

"Harry Potter and the Chamber of Secrets isn't available yet! You're the first to hear the story! ”

"But that's not enough!" Ashley retorted.

"I wonder what else Harry will encounter next!" Mary followed suit.

"Will he defeat Voldemort?" Elizabeth looked longing, "Also, when will the movie be made?" Who will play Harry? ”

As soon as these words came out, Roland suddenly smiled bitterly.

Elizabeth had asked the same question a hundred times, but he really couldn't answer it!

Just when he sighed helplessly and wanted to prevaricate with words, the words of the foil also appeared.

"Rowling is the one who wrote it, how does she know if Harry will defeat Voldemort?"

"Roland is a moviemaker, and he doesn't know who will play Harry!"

"Don't be in a hurry, there will be results when the time comes."

Kate smiled and reached out and rubbed Elizabeth's little head.

In between speaking, she glanced at the clock, and after seeing the minute hand that crossed the number six, she continued: "It's half past nine, you should go to bed, we said okay, if you are obedient, we will take you to New Zealand for the summer vacation." ”

As soon as these words came out, the three little ones who wanted to ask questions snorted and climbed into bed.

Looking at the guys wrapped in futon and turned into silkworm chrysalis, the two people who got up from the ground said goodbye to them with a smile.

"Good night, good dreams, see you tomorrow ......"

"......" Ashley.

"......" Mary.

"......" Elizabeth.

The other party doesn't want to talk to you now in order to go out and play, and throws a dog .jpg at you

But when Roland and Kate walked out of the room, closed the door, stepped in place a few times, and then stood for a while—

A crackling sound suddenly appeared.

"Sister, they're gone~" Elizabeth said in a low voice.

"Really?" This is Mary's voice.

"I'm definitely gone! Every night, they want us to go to bed quickly! Ashley said, "Hurry up, let's go over and see what they're doing every night." ”

After about four or five seconds, the closed door was pulled open from the inside, and when the three little ones who took the lead in the charge saw the two faces that seemed to be smiling, the sound of cooing made the excited heart fall to the bottom.

At this moment, they seemed to be possessed by the cute cat and the three musketeers, and looked at the two of them in a daze.

It was about a century before they came to their senses and wanted to escape.

There was a bang, the door slammed shut, and then there was a crackling noise, and the world calmed down.

"Hey, the child is older, it's just so naughty." Looking at the closed door, Roland was full of emotion.

Hearing this, Kate gave an objection, "Who said it was naughty? Obviously cute, isn't it? ”

"Good, good, cute, cute......" Roland did not argue and took the initiative to agree with Kate's point of view.

The perfunctory words caused Kate to raise her hand and knock him, then patted Roland on the shoulder, motioning for him to squat down.

"Seeing your perfunctory attitude, punish you for carrying me back."

“What？ Why do you have to carry it again? ”

There was surprise in the words, but the tone was not strange and lazy......

"Do you carry it?"

Although it was an inquiry, Kate was already hanging on Roland's body like a koala at the same time as she spoke.

In this case, Roland squatted down with a smile, and when he held Kate's thigh and skillfully carried her downstairs, Kate, who was lying on top of him, rubbed the back of Roland's neck with her nose and laughed softly.

And the little ones who are hiding in the house and eavesdropping on everything are pricking up their ears and trying to perceive.

"Gone?"

"This time it's really gone!"

"Shall we keep up?"

"Forget it...... Save yourself from being caught by Kate again later......"