Archived Financial Talent

Chapter 297 Sina Corporation's MBO
Wang Yan turned to look at Lin Feng, his eyes were full of complicated emotions.

Regarding what Lin Feng said before, Wang Yan also knew that Sina's shares were too scattered now. Even if Shanda and Microsoft didn't succeed in holding Sina, other companies would definitely jump out in the future.

Therefore, the best way is to solve the problem of Sina's shareholding dispersion. Otherwise, the current calm is only temporary, and there will still be monstrous waves in the future.

Wang Yan said: "Then according to Mr. Lin, there is already a solution to our Sina company's problem?"

Lin Feng reached out and patted Wang Yan's shoulder, then walked back to his seat.

"If there is no way, I will not let Chairman Wang come here today, and I will not use a small company to discuss cooperation with a big company like Sina."

At this time, other people in the meeting room focused their eyes on Lin Feng, even Zhao Qiang and Yuan Hua were no exception. They had never heard what Lin Feng said before.

Lin Feng said: "If Sina buys my small company, I'm talking about share purchases, and we don't need cash, and we don't need money."

"Then people from our side can naturally enter the management of Sina."

Hearing what Lin Feng said, Wang Yan couldn't help clenching his right hand under the table.

"Then the management of Sina Company initiated a managerial buyout agreement. Once the holding of our entire management can become the largest shareholder, then the control of the entire Sina Company can be firmly in our hands."

Hearing Lin Feng's explanation, Wang Yan soon knew how Lin Feng's operation was carried out.

He also knows what is going on with Lin Feng's "management buyout", but at present, none of the domestic Internet companies listed abroad has implemented such an operation, and he doesn't know if it is feasible.

"Even if we are like this, other people can learn from our method and use the accounts of multiple institutions to buy our stocks. Don't forget that Boss Chen of Shanda is a good example."

Although Wang Yan was very tempted by Lin Feng's suggestion, he still expressed his concerns.

The exchange in country M stipulates that no single institution can hold more than [-]% of the company's shares.

However, if multiple organizations work together, there will be no worries in this regard. At the beginning, Boss Chen of Shanda bought the shares of Sina in this way. When they found out, Boss Chen held more than 19.00% of the stock .

"I think Chairman Wang and Jiang Nan from Fenzhong Media have met."

Lin Feng picked up a bottle of mineral water in front of him and unscrewed the bottle cap, and then "gulu" took two sips. Lin Feng felt thirsty after talking too much just now.

Putting down the water bottle in his hand, Lin Feng looked towards Wang Yan, and found that Wang Yan's face didn't look very good after listening to his words.

Wang Yan stared into Lin Feng's eyes and asked, "Mr. Lin asked someone to investigate me, or you bought people around me."

After speaking, Wang Yan turned his head and glanced at the two subordinates sitting next to him.

Not many people knew about his contact with Jiangnan of Fenzhong Media. If it was really the people around him who leaked the secret, then the most likely ones were the two right-hand men sitting beside him.

Accompanied by Wang Yan's sharp eyes, the two men also felt a lot of pressure, but they couldn't directly complain to Wang Yan, after all, it's not good to do so in front of outsiders.

At this time, both of them had the same idea in their hearts. After the meeting was over, they immediately went to Wang Yan to explain this matter regardless of their affairs. They absolutely did not do anything to offend Wang Yan.

Lin Feng looked at Wang Yan and said with a smile: "Chairman Wang doesn't need to guess, I can know this matter from my source."

"Don't you know that my company also cooperates with Fenzhong Media?"

Hearing Lin Feng's words, Wang Yan stared at Lin Feng with wide eyes, and then at Zhao Qiang.

"Then it seems that Mr. Lin is already fully sure?"

The next day, Sina Corporation announced that they would acquire a certain media company through a private placement of shares. After the issuance, the company would own [-]% of Sina Corporation's shares.

As soon as the news came out, it immediately caused an uproar in the Internet world.

According to the recent closing price of Sina in country M, Sina's market value is about 15 billion US dollars, and one percent is 500 million US dollars.

So many people began to investigate what kind of company was bought by Sina for 500 million US dollars of shares, but the result surprised many people.

Soon the shareholders and business of this company were dug out by people with a heart, but no matter how you look at it, this company with a monthly profit of less than 100 million is not worth 500 million. The only bright spot is this Among the shareholders of the company is the name of the richest man, Lin Feng.

But there are many people with the same name in China. Just when everyone was wondering whether this Lin Feng was the richest man Lin Feng, someone immediately found out all the information about Zhao Qiang and Yuan Hua.

Both Zhao Qiang and Yuan Hua are sophomores at Binhai University, and they are still in the same class as the richest man. Come on, the clues are already obvious. This Lin Feng must be the richest man Lin Feng.

Soon someone found out that the chairman of Sina, Wang Yan, had brought someone to the Star Group. This time, all the clues were connected together, and everyone came to a conclusion that Sina was about to reach a cooperation with the richest man.

So at night, when the stock market in country M opened, Sina opened [-]% higher, and then it went up all the way.

In just two days, Sina's stock price rose by 30.00%.

But on the third day, there was a news report that Cao Wei, the CEO of Sina, sold his shares and cashed out 5000 million US dollars.

As soon as the news came out, Sina's stock price plummeted by [-]%.

At the same time, Star Group also announced that the group has not entered into any cooperative relationship with Sina Company. As for the cooperation with Sina Company, it is Mr. Lin Feng's personal investment and has nothing to do with Star Group.

Although Zhao Qiang's company also issued a statement, Mr. Lin Feng is only investing and does not participate in any management of the company.

As a result, Sina's stock price began to fall continuously. This time, not only Sina's shareholders couldn't sit still, but even the regulators in country M began to investigate whether Sina's management was suspected of manipulating the stock price.

"Mr. Lin, as you expected, several shareholders came to the door and asked to withdraw."

Lin Feng held his mobile phone and stood by the window looking at the scene of the sea below.

"Mr. Wang, everything is going according to our plan, so let's start acting."

It turned out that in the conference room that day, Lin Feng told Wang Yan about his plan.

First, use this acquisition to stir up Sina's enthusiasm, and then let Cao Wei come forward to cash out part of the shares.

Of course, the money cashed out is for the subsequent MBO (manager buyout), so that a reasonable answer can be given to the regulators, and it is not counted as manipulating Sina’s stock price to obtain profits.

Once the preliminary layout is completed, some shareholders of Sina will definitely not be satisfied with Wang Yan's actions, and they will definitely come out to ask Wang Yan for an explanation. quit.

After all, few investors hope that the stock price of the company they invest in will fluctuate sharply every day. You can rise sharply, but you cannot fall sharply.

Sure enough, just as Lin Feng planned at the beginning, many foreign funds and institutions approached Wang Yan for an explanation, but Wang Yan didn't give them an explanation at all. In the end, they threatened to withdraw, and Wang Yan's side naturally bought their hands. in the stock.

Of course, the money was paid by Lin Feng, and these shares will also belong to the Star Group at that time.

As soon as several investment companies here were launched, Wang Yan held a press conference, and then announced that the entire management would raise 2 million US dollars to buy Sina shares, and these shares would be set up as a Sina investment company to hold shares, which would eventually be held With a [-]% stake in Sina Corporation, it did not exceed the [-]% red line stipulated by law.

Subsequently, Star Group announced that it had completed the share transfer agreement with several shareholders of Sina in the early stage, and currently holds [-]% of the shares of Sina Company, becoming the largest shareholder of Sina Company.

At this time, the entire management of Sina still holds 5.00% of the shares of Sina Corporation.

In this way, the previous scattered equity situation of Sina Company was completely ended, and the combined shares of Star Group, Sina Investment and Sina Management reached 20.00%. Four, they have firmly controlled the entire Sina Company.

"Brother Feng, we have really become the top executives of a listed company now, and I feel like I'm dreaming now."

Zhao Qiang's excited voice came from the other end of the phone, and Lin Feng also expressed his understanding of Zhao Qiang's mood.

Lin Feng found that at some point, Zhao Qiang had changed his address from "Second Brother" to "Brother Feng".

"Boss, it's just the beginning, so don't be too early to be happy, and it won't be too late to be happy when Sina's market value exceeds [-] billion."

Zhao Qiang couldn't believe it when Lin Feng said that Sina's market value would exceed 100 billion.

"Brother Feng, is what you said true?"

"Now Sina's market value is only 15 billion, will it really break through 100 billion?"

"Then, should I ask my parents to buy some Sina stock in advance, and the income will be several times that time."

Lin Feng said with a smile: "If you have spare money at home, you can buy some Sina stock, but you don't need to rush to buy it these days. In the next six months, Sina's stock price will start to fall, and you can buy it by the end of 2008." went in."

"Ah! Why did Sina's stock price drop? Brother Feng, didn't you just say that its market value would exceed 100 billion?"

Lin Feng said: "Then I didn't say that we will make a breakthrough right away. In 2008, the economy in country M will be particularly sluggish. Do you think the listed Sina stock there will perform well?"

For Lin Feng's explanation, Zhao Qiang only understood half of it, but he knew that Lin Feng would definitely not be wrong, and he would never be wrong if he listened to Lin Feng.

　Thanks to "ting-yu" for the monthly pass of "Dabao's home of love".

　　
　
(End of this chapter)