Chapter VII Acquisitions
Early in the morning, Li Ang received emails from the studio continuously, lamenting that they were really efficient.
After washing, put on your clothes. I took my notebook to the studio downstairs, sat down on a chair and began to check the information sent by the mailbox.
There are more than a dozen companies integrated in the company's information alone, as well as acquisition plans.
At present, among the three major brokerage companies, Samsung's subsidiary is already the second largest shareholder of S.M Entertainment.
Including YG Entertainment, it has also cooperated with pan-Samsung forces for a long time.
Both companies have a bad relationship with the independent CJ Entertainment, with S.M dissatisfied with CJ's desire to monopolize copyrights, and YG dissatisfied with CJ's dictation of the company's plans.
As the last of the three major brokerage companies, JYP's profile is a bit miserable.
Because it wanted to get rid of the absolute control of the company by SKT's subsidiary, Loen Entertainment, it chose to merge with its already listed subsidiary, JT Entertainment, to go public last year, diluting its equity to get rid of Loen Entertainment's control.
The latest news is that shortly after JYP launched its new boy group in the middle of last month, loen entertainment retaliated and chose to sell all its shares.
In the report, JYP's current stock price is so low that the price per share can't even buy a glass of Starbucks.
The reason is that Loen Entertainment, a large investor, suddenly sold its shares, so that some retail investors who don't know the truth have also sold their shares.
At present, the market value of JYP Entertainment is the lowest among the three, and the call on the Internet for JYP to withdraw from the three ranks is getting higher and higher.
Send a message to the studio and ask them to start the acquisition.
At present, others may still be waiting to see the situation, or they are not very optimistic about this company.
If you just look at their company's financial reports in the past two years, it is true, and the deficit for two consecutive years is a bit of a headache.
In Li Ang's eyes, those are just a little drizzle, mainly because of the gimmick of the 'Big Three'.
Send a message to the studio and ask them to start preparing for the acquisition.
The current stake in the stock market is enough for him to complete the acquisition and become the largest shareholder of the company, and there is no need for absolute control.
He doesn't know much about business and doesn't interfere in the company's decision-making.
Li Ang is still quite interested in the boss of this company, and will meet him tomorrow.
As for the purchase of the property, Leon has already picked the approximate location.
Several buildings in Dosan-daero in Cheongdam-dong, Gangnam district are currently for sale, and the apartment that Lee Jae-kyung lost his bet on is just down the road.
After carefully reading all the information, the only company that has not been injected is Starship.
The president of the company is called Jin Shidai, and the company's shares are 100% controlled by his wife.
The company's development is quite stable, and it has been steadily rising since the establishment of the company.
For the time being, we will finalize these two first, and the rest will wait for the follow-up news.
I turned off the computer and rubbed my dry eyes, and unconsciously watched it for almost a morning.
I forgot to eat breakfast while reading the materials, adjusted the chair and leaned back, turned on the stereo to play music, and stared at the ceiling in a daze.
Knock knock...
A knock on the door interrupted Leon, who was emptying.
"What's the matter?"
"Oba, lunch is ready, let's eat first."
With the sound of the voice outside the door, he got up and prepared to go out to eat.
When he walked to the door, Leon suddenly remembered something. I went back to my desk and opened the drawer, took a bunch of keys from it, and then left the room.
Come to the table, pull out a chair and sit down, put the key on the table and start eating.
"Pack up your clothes and go out with me later." Li Ang gave Park Youzhen a chopstick dish, looked at her and said.
Park Yoo-jin didn't ask anything more and nodded.
After eating, Lee Ang sat on the sofa and waited, while Park Yoo-jin went upstairs to pack his clothes.
I didn't buy much in the past two days, and I packed it all up in about ten minutes. Carrying large bags and small bags, he came downstairs, not knowing what Li Ang was going to arrange for him to do.
"Let's go." Seeing that she had finished packing her things, he stepped forward and patted her on the back and motioned for Ricardo to help her carry her bag.
It didn't go far from the villa area, just a road away. The car stopped at the entrance of the bar that was being renovated, and Lee Ang got out of the car with Park Yoo-jin and went directly into the apartment opposite the bar.
Take the elevator to the ninth floor, and the whole building has begun to be rented out, but there are not many people living in it yet.
Take out the key and open the apartment door and go straight to the room.
"The bar opposite is about to open recently, and I have arranged a spare job for you, so you can live a normal life in the future."
He took the bag from her hand and placed it on the table in the living room, took the key to the room from the keychain and handed it to her.
Seeing that she looked like she was about to cry, he smiled and hugged her into his arms.
The room is not big, it is a single apartment of dozens of square meters, and there is no need to pay rent, and you can save your salary every month to buy more things for yourself.
"I still have the key, and I'll come back often in the future." Knowing what she wanted to ask when she opened her mouth, Li Ang spoke directly.
Then she took out her purse and took out the money she had prepared and put it on the table, which was enough for her to pay her salary with her character.
I saw her take her hand and walk in the direction of the bedroom, it seemed that she was not satisfied with the things left for her.
……
Leaving the apartment, Leon returned to the car and let Ricardo drive around. After the hormones faded, my head didn't bother to think about things, and I looked at the pedestrians outside the window and began to be in a daze.
Everything here is new to him, but after only two days of leisure, he is starting to miss the busy times he used to have.
It seems that my thinking has also undergone some changes, and my head has become a little abnormal.
Nine o'clock in the evening.
In the JYP office building in Cheongdam-dong, Park Jin-young was talking with the vice president and CEO about the company's stock being acquired in large quantities today.
Although the company's stock price stabilized and did not fall any further, all the company's shares that were sold off in the market were all bought out.
Nearly 50 percent of the company's shares are circulating on the stock market.
Worst-case scenario, if all the shares are acquired by one company, then the proportion of shares you currently hold is not the largest.
With a little bit of operation, it is absolute control, which is not what Park Jin-young wants to see.
can casually take 100 billion to acquire shares, except for the chaebol, he can't think of anything else.
Loen had only sold off all of his shares before, and had already acquired FNC, so it is unlikely that they would be the author.
The company had just outsourced its overseas tours of 2PM and GOT7 to CJ, so it was not enough to do this kind of thing.
"Zhenying, why don't you think about things on the bright side. The company is already struggling to maintain normal operations now, don't think so much about it until the results are in. Vice President Bian Sang-feng looked at Park Jin-young, who was frowning, and comforted.