Only after being reborn did I realize how fascinating the world of the rich is.
Chapter 340 Planning the Acquisition of Structure Media (3)
After some time, using the real estate with a net value of 60 billion yuan as collateral, Liu Shasha helped Li Xiaofeng apply for a loan of approximately 30 billion yuan.
Therefore, Li Xiaofeng launched a high-profile acquisition of Wanzhong Media. In no time, news about it spread like wildfire in the stock market, and the major shareholders of the media company immediately took countermeasures.
Luo Siqi plans to use the maximum amount of working capital, retaining only the minimum cash flow needed to maintain the operation of the media company, to purchase shares of Wanzhong Media and raise its stock price.
Qin Wei asked with some doubt, "Siqi, won't what you're doing affect the normal operation of Gear Media?"
Luo Siqi gritted his teeth and said, "That Li guy took advantage of our misfortune and kicked us when we were down. Even if he buys back Wanzhong Media, we won't let him get away with it."
Qin Wei sighed and said, "Well, there's nothing we can do about it. Nobody expected the economic crisis to come so suddenly. What was supposed to be a good acquisition has become a burden on the company, allowing that kid to cash out at a high price."
They have a lot of money now, and most of it was money we paid out back then. Seriously, what's going on here?!
Le Mengyao shook her head helplessly and said, "I heard Cao Jinpeng say before that Li Xiaofeng has an extremely keen insight into investment, and every investment he makes is perfectly timed. I didn't quite believe it before, but now I'm starting to believe it."
Luo Siqi said dismissively, "He was just lucky!"
Le Mengyao shook her head again and said, "When Shanghai's housing prices plummeted the year before last, Li Xiaofeng also sold off his real estate in advance. Not only did he avoid the economic crisis, but he also took the opportunity to buy at the bottom, causing his assets to skyrocket."
It's the same old trick, the same old methods: cashing out before the crisis, then using large sums of cash to buy at the bottom after the crisis hits.
Qin Wei said with some concern, "Our company's stock price is very low right now. Do you think they might try to acquire our company?"
After thinking for a moment, Le Mengyao shook her head slightly: "I don't think so. As far as I know, he has used all his funds to speculate in real estate."
Luo Siqi sneered and said, "If he wants to acquire Gear Media, he's just dreaming. Even if he manages to become the company's major shareholder, the three of us working together won't be able to make the decisions."
As for acquiring controlling interest in the company, that requires a stake of over 50%, which is out of the question for him. Even if he used all his money to acquire it, he couldn't do it.
After thinking for a moment, Qin Wei nodded and said, "Siqi is right. If he really makes a big acquisition spree in the stock market and tries to take control of Kweichow Media, the stock price will definitely be driven sky-high."
"If that really happens, so what if he takes control of KageMedia? I'll just sell my shares to him, cash out, and leave."
Le Mengyao smiled and chimed in, "You're right. Our Le family will also cash out and leave when the stock price is driven up."
Luo Siqi said somewhat unhappily, "It's best not to let that guy surnamed Li take control of our Gear Media!"
His stance differed from the other two. Qin Wei and Le Mengyao invested in Gage Media to make money, while he intended to use Gage Media as a foundation to build his business.
Le Mengyao understood what he meant, but she still didn't care and said with a smile, "What does it matter? The stock price that has been driven up will definitely fall back. We can just buy it back when the price drops."
Qin Wei nodded and said, "Okay, then let's decide on this. Let's arrange the targeted financing as soon as possible. Each of us still needs funds to be provided with relief, and Kage Media can't continue to have insufficient cash flow."
If that guy surnamed Li really intends to acquire a large number of shares in Wanzhong Media, we might be able to use this money to make a quick buck!
Soon, the stock price of Wanzhong Media began to soar, and all sorts of so-called insider information flew around. Many retail investors in the Nasdaq stock market flocked in, further driving up the stock price of Wanzhong Media.
Luo Siqi and others were very happy. As the largest shareholder of Wanzhong Media, the rise in Wanzhong Media's stock price was equivalent to an increase in the assets of Kage Media.
However, to their even greater delight, Cao Jinpeng actually secured a targeted financing round.
Le Mengyao asked Cao Jinpeng with some doubt, "Mr. Cao, where did you get such a large sum of money? You didn't borrow it from Li Xiaofeng, did you?"
Cao Jinpeng said irritably, "What are you talking about? How could he possibly lend me money at a time like this? I raised the funds from other friends."
Le Mengyao, still somewhat uneasy, pressed on, "Besides Lü Zhendong and Cheng Zhiyuan, who else do you have that's wealthy?"
"Mengyao, don't underestimate me, okay? Our Cao family didn't just start out in the last two years. We have plenty of friends, like the Jiang family. Jiang Xueying and I grew up together, and she's a very wealthy woman now."
My bank loan was due a few days ago, and I still managed to pay it off, didn't I? While my power may not be comparable to your powerful families, every snake has its own way, and every rat has its own path!
"anything else?"
“Mengyao, everyone has secrets. This is my trade secret. If you don’t agree to raise funds from me, then forget it. If I didn’t have shares here, I wouldn’t bother with the company’s affairs!”
The company is currently short of cash flow. Issuing new shares to the stock market at this time is uncertain, and even if they are sold, the stock price will definitely plummet.
If you're still worried, how about the rest of you chip in to cover the cost? The company's stock price is relatively low right now, so it's a good opportunity to increase your holdings at a lower price!
Cao Jinpeng's words silenced everyone. They were still counting on the funds from this financing, so where would they find spare money to increase their stake in Kailia Media?
Cao Jinpeng said impatiently, "Why are you people so inconsiderate in doing business? You're the ones who need money to keep the cash flow, and you're the ones who keep dragging things out. I had a hard time getting this money!"
What, you're afraid I'll take control of the company? If you don't want it, then forget it. At this critical juncture, what company doesn't need working capital?
If you don't want it, I'll move the funds elsewhere. Don't worry about the costs; even if I double the interest, people will still be fighting over it!
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