Only after being reborn did I realize how fascinating the world of the rich is.
Chapter 321 This is a war between men
Soon, Le Mengyao brought the news that Li Xiaofeng was going to sell Wanzhong Media to Gage Media.
"He really said that? He can't be joking with us, can he?" Qin Wei felt somewhat incredulous after hearing the news brought by Le Mengyao.
Luo Siqi curled his lip and said in a disdainful tone, "He's scared!"
Qin Wei, standing nearby, cautiously reminded him, "Don't underestimate him; he might be plotting something!"
Luo Siqi sneered and said confidently, "What kind of conspiracy could he have? I already know his background. He has no resources to resist our acquisition."
His biggest asset is Wanzhong Media. Since the company went public, he has never reduced his shareholding, so he probably doesn't have much money left.
As for the issue of a forced acquisition, it's probably not a big deal.
Before the IPO, he held only 45% of the shares. After multiple rounds of financing and dilution, his shareholding was only about 20%. Even with his senior management team included, it would not exceed 25%.
Hard Gold Capital and Dasheng Capital, who originally invested in Wanzhong Media, have already cashed out and left. Therefore, if we acquire 30% of the shares, we may gain control of Wanzhong Media.
Qin Wei turned to Le Mengyao and asked, "Mengyao, you had direct contact with Li Xiaofeng. What do you think of this issue? How much of what he said is true, and how much is false?"
After thinking for a moment, Le Mengyao said seriously, "I think at least 70% of what he said is true!"
"Tell me your judgment!"
"Actually, I asked him this question as well, and he admitted that with his current financial strength, he really couldn't stop our acquisition plan."
He doesn't have much money. Rather than fighting us to the death, he'd rather cash out and invest the money from Wanzhong Media in other projects.
What kind of projects does he want to invest in?
Le Mengyao smiled and said somewhat casually, "What other projects could he possibly have? He also owns an electric vehicle factory and a film and television company, and he's been investing heavily in both of them recently."
However, I think he might still speculate in real estate. Before founding Wanzhong Media, most of his funds came from real estate speculation, and he even kept encouraging his classmates to do so.
Luo Siqi said with a disdainful tone, "I also think that possibility is very high. That Li Xiaofeng comes from a poor background and has never seen much of the world. It's already lucky that he can make so much money now."
He's earned so much money now that he'll probably never spend it all in his lifetime. Knowing when to stop shows he's sensible; if he continued to play along with us, who knows, one day he'd have to pay it all back in the same way he earned it!
Le Mengyao said with some emotion, "Indeed, starting a business is a risky business with a high chance of failure. In recent years, our Le family has had a particularly bad time. We have suffered huge losses in several investments. Now I am almost like a frightened bird."
Li Xiaofeng's ability to build his business from scratch to its current scale and achieve his current success is enough to make him a business legend of his time.
Luo Siqi said confidently, "The one who laughs last is the one who will ultimately succeed. The rest are just fleeting clouds. With the three of us working together, from the day that Gear Media was founded, it was destined that other companies would only play supporting roles."
After nodding, Qin Wei continued to ask with concern, "Do we have enough senior executives at Gage Media to replace the people at Wanzhong Media?"
Luo Siqi said seriously, "Completely changing the management team is not something that can be done overnight. If the scale of the management team change is too large, it will cause chaos in the company and will not be worth the loss."
However, once we gain control of the company, we can first replace Miao Peipei and Liu Qianqian, as well as the core personnel they have promoted and appointed in the past two years.
Additionally, some people can be transferred from the organizational structure team. There are also some management personnel from Hezhong who are currently working at Wanzhong, and they can be utilized.
"Do you think he'll really sell his shares to us?"
Qin Wei found it somewhat unbelievable. After all, company founders are usually very attached to the companies they created, and they would not easily relinquish control of the company unless they were about to retire.
Before they could even fire a shot, the other side announced their intention to surrender. How could someone with such a cowardly personality build a listed company in just two years?
This left him feeling somewhat confused.
Le Mengyao smiled and said, "Actually, we don't need to worry about it so much. Once our company goes public, we'll know the answer. If he changes his mind, we'll just force a takeover!"
Qin Wei, who is usually quite cautious, raised another idea: "Do you think there might be something wrong with Wanzhong Media?"
After thinking for a while, Luo Siqi shook his head and said, "Wanzhong Media is a listed company, and its financial statements are public. Some of its senior executives used to work for Hezhong Media, so they won't lie to me."
Currently, Wanzhong Media's revenue and scale have been growing rapidly, and its net profit is high, making it an excellent company.
The reason why the man surnamed Li surrendered so easily must be because he lacked financial strength and felt powerless to fight against us.
Surrendering now is more dignified than being soundly defeated and leaving in disgrace. Wasn't that the very reason why President You's Hezhong Media was acquired by Wanzhong?
After thinking about it, Qin Wei felt that Luo Siqi's words made sense, so he could only nod in agreement.
"By the way, how's the IPO process for Gear Media going? Are there any problems?"
Jin Hai Law Firm is a top-tier firm, highly skilled in handling matters such as domestic and international company listings. Luo Siyuan is a partner at the firm, so it was only natural to entrust this business to the Luo family.
Luo Siqi said confidently, "Don't worry, it's absolutely not going to happen. The person in charge of this matter is Lao Jiu, who is a partner at Jinhai Law Firm. He's also very angry with that Li guy!"
Successfully getting his company listed on the stock exchange will not only add another brilliant achievement to his record, but also allow him to vent his anger.
He's working tirelessly on this right now, so don't worry. Once the company is listed, even if that guy surnamed Li backs out, he won't be able to stop us.
Le Mengyao asked with a grin, "What, is Lao Jiu planning to win Xin'er back and marry her after defeating Li Xiaofeng?"
Luo Siqi sneered and said, "This is a war between men. Whether or not we can win Xin'er back is not the most important thing. The most important thing is that we must win!"
The thought that Liu Shasha had now fallen into Li Xiaofeng's arms and become a powerful ally in his career made Luo Siqi feel heartbroken and resentful.
Le Mengyao glanced at him but didn't say anything.
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