Chapter 422 - Acquisition and Spin-off (1)

The space on the 19th floor is still very large, but the four people present have traveler permissions, and Huang Xuan's appearance was immediately known to him.

Xiao Huang also felt very interesting when he looked at the combination of three fat men and one thin man, and said with a smile on his face: "Mr. Bao, oh, Mr. Jiao, and these two, it's early." ”

"It's not early." Bao Bao looked at the thin Rios with eyes as small as spores and said, "Huang Xuan, come and tell me, is it better to have a fat man with a round face or a dry tree trunk?" ”

Huang Xuan didn't know Rios and Jeffs, so he just smiled and changed the subject: "Actually, it's all very good, maybe Mr. Said knows?" ”

"The intensity of the war has increased again." Bao Yu glanced at Jiao Sun and said, "Said should leave." ”

"Isn't he retired?" Huang Xuan couldn't help but ask.

"Said has a high reputation among the temporal warriors." Bao Bao just explained, and changed the subject: "Oh, I'll introduce you." This is Ji Xuan, our young friend. Bao Yu first pointed at Huang Xuan, and then said: "Jiao Sun, you have seen it, then this thin man who is the same as the trunk of a tree that was cut down 40 years ago is Rios, and there is Jifus who is similar to me, Jifus is the chairman of the media of "First Man", and Rios is the director of Oriental Institute. ”

Jiao Sun joked beside him: "You may have heard of the first person, it is a small company that often creates some outdated stars." ”

Several people laughed.

Huang Xuan was slightly surprised, he is familiar with the media of "The First Man" now, in the previous peak duel, when he was bored, he would also listen to the compliments of the commentator named Kevin, which was a kind of voyeuristic pleasure. Huang Xuan smiled slightly, stretched out his hand to Rios and said, "Well, you can call me Huang Xuan, I am more familiar with this title." ”

The gentlemen of the R plane all know that he is Ji Xuan, and there is nothing to hide. The more high-level people are, the easier it is to hide them, just like Huang Jindi back then, he will never know Huang Xuan's final exam results.

Rios strangely 'touched' his temples, looked at Huang Xuan's hand and smiled: "Oh, I like all kinds of etiquette, but what should I do?" ”

The tonnage Gievs gasped and laughed, "You should watch my media show more, it will make you knowledgeable." ”

Jifus said and walked up to Huang Xuan, hooked his thumb with his little thumb, turned it over and said, "Oh, then I'll call you Huang Xuan, it's nice to meet you." Actually, my people have been looking for you. Do you understand what I mean? ”

Huang Xuan smiled awkwardly and asked, "I don't understand very well, you're looking for me?" ”

"In order to pay you, your live stream income in the pinnacle showdown is very good, and we have been saving that money for you. Well, there's also contribution. Do you understand what I mean? Gievs's smiling face wrinkled. He looked like, "Do you understand what that means?" This sentence.

Before Huang Xuan could speak, Rios next to him also walked over, shook hands with him like Jeffs and said, "Then you can call me Leo, I like short ones." ”

Nick's translation seems to be very problematic.

Huang Xuan looked at his handshake posture that was turned over, and laughed secretly in his heart, speaking of which, these are two lovely old men, who have returned to their childhood.

Bao Bao is not as "reserved" as Huang Xuan's smile, he has met Huang Xuan several times, laughed and walked over, deliberately shook hands with Huang Xuan—a normal handshake, and then said: "So I know that there is a difference between the elite class and the people at the bottom." ”

Gieves and Leo are not from a family of nobles or travelers, and there are no time and space warriors in the 20 generations of the family's history, such families are the so-called low-level residents, they are ordinary residents of the main plane, and their political status is lower than that of families with travelers, space-time warriors and first-level mercenaries, and sometimes they are lower than families with surviving second-level mercenaries in their own plane, and only higher than aboriginal families that are not on the main plane.

It is much more difficult for such people to obtain a good traveler education and access to the Internet, and they know even less about the etiquette of various nobles.

Relatively speaking, Bao Yu and Jiao Sun were more adaptable, although they didn't know Huang Xuan's understanding, they could guess a thing or two, and there were also many small tricks for each other to demonstrate.

However, in today's position, the two "low-level residents" didn't care much about the words, or because the two sides were already acquainted, so Jeffs and Leo just laughed and didn't talk again.

On the contrary, Huang Xuan was very embarrassed, he chose to shake hands, originally just used to "sexual" and wanted to get some recognition.

The four of them exchanged pleasantries for a while, Jiao Sun opened the energy screen, released the previous document on the dividend distribution of the Huang Fund, and said with a smile: "Huang Xuan, I have read this document of yours, it is very interesting, so I specially invited you over with Bao Yu and wanted to continue to talk to you." ”

Huang Xuannunu said modestly: "Then where do you want to start?" I'm also glad that someone is willing to correct me. ”

Jiao Sun smiled and glanced back at Bao Bao, he was wearing a tights with loose bubbles in the cuffs today, which looked like a knight's uniform in the European Middle Ages, his wrist turned and said, "Mr. Huang, if you have a lot of money, what will you do?" ”

"What a lot." Huang Xuan laughed, and all five of them laughed, causing everyone next to him to look over here.

Jieves smiled and applied for a room, and said, "Let's go in and talk, I don't know how much Mr. Huang thinks is a lot of money?" We have saved 120 million hot circles for you, and there are about 4 million contributions. ”

The contribution of 4 million is about enough for Huang Xuan to be promoted to level 22 Internet permission, he followed everyone into the small room and said with a smile: "I just asked because of Mr. Jiao's problem." ”

Gilves smiled and said, "You know what I mean, then I'll transfer all the funds and authority to you, how about now?" ”

Huang Xuan groaned for a moment, and said unceremoniously: "Then it's troublesome." On the 19th floor, Huang Xuan felt that he should be used to being surprised, the transfer of permissions is a rather complicated and cumbersome matter - for those with Internet permissions below level 6, and gentlemen with complete level 6 permissions, there are undoubtedly many privileges.

Jievs held his tonnage-class belly and waved his hand and said: "I have time to participate in the peak duel recently, so let's contact Kevin, he came to me on purpose to express his admiration for you, and the reward is not much, but don't waste it." ”

"I've never minded a little money." Huang Xuan joked and took the magnetic card from Jives's hand.

The memory meter on his left wrist instantly increased by a large grid, fortunately, it was not upgraded, but it was just a little bit worse, which made Huang Xuan tremble for a while, and he deliberately put the memory instrument away, but the upgrade could not be hidden.

After the five people sat down again, Huang Xuan also opened an energy screen in front of him, and Jiao Sun stroked the mustache on his chin and smiled: "How about Huang Xuan, give our Oriental College director an economics lesson." ”

"Don't dare to be, don't dare to be." Huang Xuan said this, and after Lorraine translated, he looked at the energy screen roughly and said: "If, I mean, if I have a large amount of money in my hand, then I think the safest way to make money should be to acquire and split." ”

"Oh?"

Huang Xuan thought back to what he learned from his mother, and said thoughtfully: "It can also be called a merger and split, I will choose some companies that are currently undervalued in market value, but have a core business, especially in a certain field, these companies usually have some historical problems, such as redundant personnel, horizontal and failed diversification "operation", or meaningless extension of upstream and downstream, which will cause the company to be undervalued, we will split different parts of the company into many, many parts, Then look for buyers who are interested in these parts and sell them separately. Or the act of acquiring on behalf of another company. ”

Before Jiao Sun could speak, Nick and Xiaohe had already searched the entire energy screen, and in Huang Xuan's opinion, the acquisition and splitting business of the dimensional world seemed to be too backward - it was no wonder that the strict legal and accountant audit system, coupled with such a broad and prosperous business atmosphere, made the cost of an acquisition and split very high.

The four people on the opposite side are all big capitalists with names and surnames, Huang Xuan thought only for a moment, and then continued: "However, acting as an agent for other companies, it seems that it is not used very much at present, so in the previous way, there are a few issues that need to be defined, first of all, the degree of underestimation, how to judge the true value of a company, on the one hand, it depends on personal judgment, but the most important thing is the asymmetry of information." ”

The four people nodded immediately, and the asymmetry of information was the main reason for the underestimation, and they felt it deeply.

Huang Xuan was a little excited, and said: "The second is the judgment of their core business, I specifically mentioned that a certain field is among the best, because the acquisition and split of those homogeneous companies is meaningless, because we can't sell them, there is no liquid 'sex', there is no profit, only those companies that have more technology and reserves than others in a certain field will have considerable commercial value, and its competitors will be very willing to buy this core business, of course, They don't want other parts of the company outside of this business, so as long as we can do the preliminary preparation work and sell the other business at a fair price, the profit of the core business is very good. In my opinion, only those companies that are in the top three in the industry are considered to be among the best, and if they are in the top five or are not easy to judge, then they should have very different technology and development directions, and have been able to find buyers. ”

Jiao Sun's eyes lit up, and he proudly gestured to Bao Fill, and said with a smile: "The top three in the industry, it seems that it really costs a lot of money." So can Mr. Huang provide such talents for plane planning? Of course, we can also cooperate. ”