December 22nd.
The Hong Kong Stock Exchange announced that the transaction between Fukang and Far away was in compliance with the law. Far Away now owns 16% of Gome's shares.
At this time, although the offer had not been announced to all shareholders, the secret was no longer a secret.
Even the ordinary people knew about it, how could the shareholders not know?
But now, all they could do was to wait.
When Li Dong holds 30% of the shares, he will make a tender offer to all the shareholders.
Even if he does not make a tender offer, regardless of whether Li Dong or Gome wins, Gome will undergo a huge change.
Since the secret was no longer a secret, Li Dong will not hold back anymore.
On the afternoon of December 22nd, Li Dong reached an agreement with four minor shareholders.
Shen Xuehua owns 2%, the Association Holdings owns 1%, an executive from Euphoria Group owns 1%, and Citibank owns 2%. These four companies sold their shares together.
Because they did not make a tender offer, there was no need to make an announcement.
But now, everyone was paying attention and knew what was going on.
Not long after the deal was made, the outside world was in an uproar!
So far, Li Dong owns 22% of the shares, close to Gome's 35%. The difference was only between Morgan and JP Morgan Chase.
Once Li Dong acquires these two companies, he will own 37% of the shares, and Gome will have a new owner.
…
Du Juan, who had just arrived at Chaoshan, was shocked when she heard the news!
It was too fast!
It was so fast that it caught people off guard. It was so fast that no one had time to react.
22%!
How many days had it been?
In just a week, Li Dong had acquired 22% of Gome's shares, and Du Juan started to feel afraid.
In the hotel, Du Juan immediately made a phone call and said in a deep voice, "Start negotiating with the major shareholders and immediately buy their shares. You can pay a premium, but the premium is not more than 50%. Don't ask for my opinion. Also, Morgan and JP Morgan must be appeased. CRMC's attitude is still unclear. Get someone to buy back their shares. Don't worry, I will raise the money immediately. Now, our survival is at stake. We cannot afford to lose! "
"Got it!"
The person on the other side of the phone could also feel the gravity of the situation. He agreed and didn't say anything else.
…
On December 23rd, Shen Qian returned to China.
On the same day, Gome announced that the Huang Group would buy back 300 million shares of outstanding shares. At this point, the Huang Group's shareholding had increased to 36.5%.
On this day, Li Dong was on his way to the airport. Far away, he was not idle either.
Far away, he reached an agreement with an investment bank to acquire 100 million outstanding shares.
So far away, its shareholding has risen to 22.5%.
The fight for shares was getting clearer and clearer.
The Huang Family and Far away currently held 59% of the shares.
Damo, JP Morgan and CRMC held 22% of the shares.
As for the Euphoria faction, their shares had dropped to 7%.
Small and medium-sized investment banks and other institutions hold around 8% to 9% of the shares.
All that was left were the tradable shares in the hands of individual investors.
Because Gome had not resumed trading, some large institutions could use the over-the-counter trading method to conduct transactions.
However, individual investors didn't have the power or the strength to do so.
Therefore, these tradable shares could only be traded after the resumption of trading, or they could only wait for the two institutions to decide the winner and the last party to adopt a delisting plan to buy all the tradable shares. Then, individual investors could enter the market.
That was how the stock market worked. Individual investors had no right.
They were the ones who were trapped. No matter how the other party fought, they could only watch the show.
Unlike other institutions, even the tradable shares could open special channels to conduct over-the-counter trading, which would also be recognized by the Hong Kong Stock Exchange.
At this time, the business world was almost completely quiet. Everyone was watching the fight for shares of Gome.
Li Dong was aggressive and unstoppable. In an instant, he acquired 22.5% of the shares, which surprised everyone.
What's more, there was news from Hong Kong that Far away was buying the convertible bonds issued by Gome and might carry out a share conversion.
Once the conversion was successful, maybe Gome would really have a new owner.
This battle came so abruptly, and the time it would end would be beyond everyone's expectation.
In fact, the 15% of Damo and JPMorgan's shares were already in Li Dong's pocket.
Li Dong's actual shares were as high as 37.5%. But at this time, Li Dong wanted to slow down and give Du Juan an illusion that she still had a chance.
Li Dong continued to buy tradable shares and the shares of small shareholders. His purpose was to create more and more pressure on Du Juan, so that she would have to choose to inject capital.
When Gome injected capital, he would be able to make a big move and acquire the shares of Damo and Xiaomi.
At that time, Du Juan, who had no other capital in her hands, would be completely unable to fight back, and it would be time for Li Dong to clean up.
…
At the airport.
Li Dong's motorcade drove directly into the special channel.
When they arrived at the VIP waiting area, many people saw Li Dong and looked at him.
Li Dong also looked around and saw Sina's Old Cao. Li Dong smiled. "Old Cao, what a coincidence. Are you here to fetch someone?"
Cao Guowei saw Li Dong greeting him and nodded. "Yes. Dongzi, are you here to fetch someone?"
"My wife is back in China, and I have to fetch her. Are you here to fetch Old Jiang? "
Cao Guowei did not have time to pay attention to the wife Li Dong was talking about. "It's Old Jiang. He is coming to Beijing. Do you want to have a gathering tonight?"
"Alright. I will not go. I don't want you all to feel uncomfortable."
Li Dong joked. Recently, Sina and Focus Media had reached an agreement. Sina will issue 47 million new shares to acquire Focus Media's advertising business.
Focus Media is currently Hua Xia's biggest advertising company. Their advertising business is doing well in outdoor billboards, internet, shopping malls, cinemas, and Focus Media's buildings.
But during this year's 315 party, Focus Media was exposed for leaking their customers' data.
Due to various reasons, Jiang Nanchun decided to sell off most of his advertising business, leaving only the internet, outdoor billboards, and cinemas.
The rest will be sold to Sina.
Because Shen Qian's flight had not arrived, Li Dong continued. "Focus Media has a lot of cooperation with us, and they had taken a part of our shopping malls' advertising business.
When you all take over, don't advertise on Sina Weibo in our shopping malls. If not, I will terminate our cooperation.
Actually, I feel that you all should just set up a portal. Why do you all need to set up a Weibo account? It's a waste of time.
Look at you all. We are suppressing you all, and your page is too rough.
Old Cao, why don't you all consider closing Weibo?
If you all can't make ends meet, you all will have fewer shares to raise funds. Don't let Old Chen cover you all like in the past. "
Chen Tianqiao had almost acquired Sina in the past, and Sina had to use the "Poison Pill" plan to keep the controlling stake.
If not, Sina would have changed its name to Chen a long time ago.
The "Poison Pill" plan is very simple. Issue new shares to dilute the other party's shares and increase the acquisition cost.
As for why Gome is not using it now, it's simple. Gome does not have the money.
Once they issue new shares, it will be easier for Li Dong to acquire Gome.
Also, Li Dong owns more than 20% of Gome's shares. Even if they use the "Poison Pill" plan, Li Dong will not be poisoned to death. Du Juan will be poisoned to death instead.
That's why both parties did not mention issuing new shares.
Li Dong is confident, but Du Juan does not dare to do it.
This is different from Chen Tianqiao's acquisition of Sina.
Cao Guowei said after a while. "Sina Weibo has almost 100 million users …"
"Tsk, tsk. You are bragging. Half of it is fake."
Cao Guowei flew into a rage out of humiliation and said, "Dong 'zi, you can't speak irresponsibly. You now have enemies all over the world. I'm too lazy to kick you when you're down at this time. You'd better restrain yourself, or else I'll join hands with Old Ma and deal with you together!"
Li Dong laughed. "Alright. I won't make you feel bad. But I am serious. There is no future for you all in Weibo. You must listen to me. After I acquire Gome and complete the retail business, I will start working hard. Not only will we not get Weibo, but we will also destroy Gome's portal. "
Cao Guowei can't be bothered with him anymore.
The rest were speechless. No wonder Li Dong has such a bad reputation.
No matter who he catches, he will bully them for a while.
Old Cao is waiting for his men, and you are waiting for your men. Why must you bully Old Cao?
After a while, Jiang Nanchun walked over.
When he saw Li Dong, Jiang Nanchun was stunned. Then he said with a smile, "Dongzi, I can't believe you came to fetch me. I am flattered."
Before Li Dong could speak, Cao Guowei said angrily, "He came to fetch you. Stop dreaming. This guy has been so smug recently. He will only be happy when he offends everyone in the business world. I tried to communicate with him out of goodwill just now, and he nearly died of anger. "
Jiang Nanchun couldn't help but laugh. "Dongzi, Old Ma has been roasting us in the group every day. The group has almost become a battlefield against you. You are trying to push Old Cao to Old Ma's side."
Li Dong was speechless. "I am just speaking the truth. Old Cao's resistance to pressure is too weak. What does that have to do with me? As for the group, I don't have the time to bother with Old Ma. I'm busy with important things, and he's the only one who keeps nagging like an aggrieved daughter-in-law. If he has the time, he should think about the right path. "
Jiang Nanchun was stunned. Then he said to Cao Guowei, "Let's go. I can't take it anymore. It's only Old Ma. If it were someone else, they would have fought with their life on the line after being taunted by him every day. "
Cao Guowei agreed, but he still said, "This guy said he is fetching his wife. Should we wait?"
Jiang Nanchun couldn't help but laugh. "Really? Why didn't you say so earlier? Let's wait and see. I want to see who can subdue a devil like you. "
Li Dong smiled. "It's pointless. I won't be subdued by a man."
Cao Guowei and Jiang Nanchun couldn't help but laugh. They couldn't be bothered to explain.
In the business world, unless it was a life-and-death struggle, everyone had inextricable relationships in private.
Take the internet industry for example. When the 3Q war broke out in the future, everyone felt that Brother Ma and Zhou Hongyi were enemies.
In fact, the two had a good relationship.
It was normal for other big shots in the business world to have some conflicts because of business matters. However, their personal relationships were generally good.
Although Li Dong had offended many people, he also had many connections in the industry.
At the Hua Xia Alumni Association and the Entrepreneur Club, Li Dong's current position was very important. Although they scolded him in private, it was inevitable that they would mock him when they met in person. They would not fall out with him.
As everyone chatted, the others could only watch from afar.
They had no way of getting a word in the conversation of these business tycoons.
Those who came to the VIP area to wait usually had a high status. However, Li Dong was now one of the top in the business world. Most people did not have the confidence to talk to him.
As they spoke, Li Dong chuckled and said, "I'm not going to talk to you guys anymore. My wife is here."
Cao Guowei and Jiang Nanchun quickly looked over. When they saw Shen Qian, they looked at each other and nodded without saying a word.
Shen Qian and Li Dong's relationship was no secret in the industry.
Although Cao Guowei was calling her his wife now, it was hard to tell if it would work out.
But there was no need to say this in front of Li Dong.
When Shen Qian walked over, Cao Guowei and Jiang Nanchun greeted Shen Qian and left.
They all knew Shen Qian. She was once the leader of the technology industry Far away. If they did not know her, they would be outdated.
After Cao Guowei and Jiang Nanchun left, Shen Qian smiled. "Why are you with them?"
"I met them coincidentally. Sina is going to acquire Focus Media's advertising business and chatted with them for a while. I tried to persuade Old Cao to give up on Weibo, but he refused. He said I had offended someone. I am doing this for his own good. "
Shen Qian immediately rolled her eyes and said angrily, "I have to give it to you. Can you not do this kind of thing? Do you really want to be the talk of the industry? It's only been a few years, and you have offended many entrepreneurs. I think you will be beaten up sooner or later. "
"I don't think so."
Li Dong retorted without much confidence. After a while, he said, "It's fine if there are fewer people, but if there are more, it'll be difficult for me to fight against four hands with two fists. Looks like I'll have to restrain myself, lest I get beaten up."
Shen Qian laughed. After Shen Qian boarded the car, she said. "Stop saying these to make me laugh. Let's get down to business. What are we going to do with Gome now?"
"There's no hurry. I will buy more shares and force Du Juan to inject funds into the company. At that time, we will also exchange shares. Victory or defeat will be decided at that time. "
Shen Qian nodded and thought for a while. "Actually, the biggest variable now is CRMC. They own 7% of the shares. Once Du Juan acquires the shares, they will own too many shares."
Li Dong does not know much about CRMC. They are too low-profile, and most of the entrepreneurs in China do not know them.
After thinking for a while, Li Dong said, "We can only talk to them. I don't know what they are thinking at the moment."
Shen Qian smiled. "I will talk to them later. One of my classmates is working there. He might be useful."
"Your classmate?"
"Did you forget that I am a returnee?"
Shen Qian teased. CRMC is not famous in China, but its parent company, the American Capital Group, is not weak.
The reason why it is not weak and not famous is because they are too low-profile.
They are so low-profile that you only know about the five major investment banks, but not the American Capital Group, which controlled more than a trillion US dollars in 2008!
Such a colossus was actually ignored by others. It had to be said that it was also a kind of ability.
Of course, no matter how low-profile they are, it does not mean they are unknown.
Shen Qian graduated from the Kellogg School of Business, which is one of the top business schools. Many graduates are now working in front of the stage and in the American Capital Group. It is normal.
Seeing that she is tired, Li Dong shook his head and said, "Don't worry. Take your time. You just went to Hong Kong and the United States. Now you are back to talk to them. You are more tired than me. Rest for a few days. I will ask Sun Tao to talk to them first. "
Shen Qian smiled and said, "Solve this matter as soon as possible. Otherwise, you will still be thinking about work at the end of the year. Don't forget, you have something important to do at the end of the year. "
Li Dong raised his eyebrows. "What is it?"
"Humph!"
Shen Qian snorted and ignored him.
Li Dong smiled and said, "I know. Are you in a hurry to get married? Or are you afraid that I am too outstanding and will run away with someone else? "
"Go to hell. I am not worried!"
"…"
The two of them joked around for a while. Li Dong seemed to be in a good state of mind. This was probably why he liked having Shen Qian by his side. Some things could be said freely, and he would not have to be afraid that she would not understand.
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