Chapter 76 Acquisition

Anything exceeding five percent requires reporting, so Link made the acquisition on the same day, gaining full control of the Osborne Group.

Of course, he wouldn't keep these shares for himself; he would bring in some beneficial partners, such as Stark Industries.

He hasn't discussed this matter yet, but he thinks it shouldn't be a big problem. However, it's not possible now because various drugs still need to undergo biological and human trials, which requires reporting to the drug control agency and obtaining a license before they can be sold.

Jessica, as the person in charge of the foundation, held a press conference.

Jessica had been to several press conferences like this before, so she wasn't nervous. She's now a celebrity in the US, managing a charitable foundation worth tens of billions of dollars as a woman.

The ten percent stake in Stark Industries alone is worth over two billion US dollars. The new energy project has not yet been fully implemented and is waiting for the Stark Tower to be renovated.

In addition, three more buildings have been included in the plan, which will inevitably cause Stark Industries' stock price to soar again.

Next is an 8% stake in United Construction, which is also worth billions of dollars. The foundation also has a lot of funds, which has not yet been disclosed, but this acquisition shows its strength.

"Ms. Jones, what is the purpose of this acquisition by the foundation?" a reporter asked.

"The foundation has always been committed to legal aid philanthropy, and now we will be venturing into medical philanthropy," Jessica said. "The Osborne Group has developments in biotechnology and medicine, and although it is currently facing difficulties, its foundation remains."

"Furthermore, our foundation has been prepared and has already developed more than a dozen effective drugs."

"Although we haven't reported it yet, we will conduct biological testing and clinical human trials through the Osborn Group's channels."

"Osborn Group has sufficient capabilities in these areas to complete the data collection as quickly as possible, and once approved, all of it will be put on the market for sale."

Another reporter asked, "Are you confident you can resolve the internal problems within the Osborne Group?"

"Of course, as the owner of the charitable foundation, Mr. Lin has consistently invested a large amount of money, and drug research and development began long ago," Jessica said. "We wouldn't have acquired Osborn Group's shares without sufficient confidence."

"After the foundation takes over, it will increase its investment in charity, especially in the field of medical care."

Someone immediately asked, "Was this acquisition planned?"

"Mr. Lin is a shrewd investor. His previous acquisition of Stark Industries stock and his current acquisition of Osborne Group were both decisions he made," Jessica explained. "His judgment has always been accurate and aligns with the foundation's development."

"When we first started providing legal aid, we acquired like-minded law firms."

"He then invested in United Construction, the company that developed West Central City, all of which are in line with Mr. Lin's investment and philanthropic philosophy."

"The same thing is true now. With sufficient funds, Mr. Lin has invested in drug research and development."

"..."

The press conference went very smoothly, because Link and Jessica are a couple, neither of them had any scandals, and they didn't appear on camera very often.

They seemed somewhat mysterious, and everyone was very curious about these mysterious billionaires.

She was ignored when asked about her private life. Jessica then announced that Norman Osborn would continue as CEO of the group, while Link would become chairman.

The matter has temporarily come to a close. Osborne's stock price only rose slightly today, without rising further, but it also stopped falling.

At this time, Norman Osborn and Link were still acquiring some scattered shares. The two of them were preparing to acquire all the shares, and of course, they would not delist the company.

They had already acquired most of the shares on the market, and Link then brought Jessica to the Osborn Corporation.

There were only Link and Osborn at the board meeting. Link sat in the main seat, kicked his foot, and the chair spun around.

"It's an interesting location, but I don't like it. Norman Group is now in your hands," Link said, looking at the other person.

"Of course, I'll take care of it. So, what's next..." Norman Osborn didn't finish his sentence, but his meaning was clear.

Link opened the briefcase he had brought, took out a sealed tube, handed it directly to the other party, and then took out the contents of the briefcase one by one.

"This is all information about the effective drugs. You just need to have people conduct biological experiments, then report it to the regulatory committee, and finally conduct human trials," Link said. "I believe you are familiar with this process."

"As more and more effective drugs pass testing and are launched on the market, the stock price will inevitably rebound when the news is released."

"At the same time, get rid of the other departments, only keep the pharmaceutical-related ones, and once the stock price recovers, I will talk to Stark Industries."

Norman Osborn asked, "So, what about the flying skateboards and combat equipment we've developed?"

"..." Link stroked his chin. This seems to suit him quite well!

"Keep it, and prepare another testing site. I will personally conduct the tests later."

"Uh..." Norman Osborn paused, then asked, "Is this appropriate?"

"My title is Death," Link chuckled. "This thing might be suitable as my battle suit and flight vehicle, so I'll have to try it out myself."

"Of course, the suit might not be suitable, but that can be modified later. The key is the flight skateboard. If we can replace it with Tony's energy source, that would be amazing."

Norman Osborn's eyes lit up, but he soon realized that the energy link could be obtained through private connections and used on his own flying skateboard, but it would not be sold to the Osborn Corporation as a commodity.

"Alright, I'll arrange it as soon as possible. If any changes are needed, you can let me know, and I'll have someone make the necessary modifications for you." Norman Osborn didn't seem to care.

Link said, "Stop promoting these things for now, we're not selling them."

"Let's wait and see if we can acquire Stark Industries' weapons division, especially their personnel."

"Okay, now you're in charge." Norman Osborn nodded.

"No, it's up to you. We're leaving. You're in charge here. Take a day off and get well first. Your condition is probably starting to worsen." Link said, and then left with Jessica.

Norman Osborn excitedly opened the sealed container, looked at the syringe inside, and then resealed it.

He took the documents to the head of the medical department and simultaneously raised the level of security, determined to prevent a repeat of the Richard Parker incident.

(End of this chapter)

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