Chapter 316: Not a tile left

How could Mr. Cao let this opportunity pass?

"Everyone, am I right? This is a hostile acquisition by Lin Feng to increase capital. If "Magic Baby" is sold, the main profit-making project of New Wolf Network will be gone. How will New Wolf Network continue to operate in the future? Also,

The operating rights of "Magic Baby" are still in our hands, and we can still negotiate with Japanese companies. I believe that President Yoichi Wada will continue to choose to cooperate with our New Wolf Network and re-sign the operating rights." Mr. Cao said sarcastically.

Representatives from the twenty companies also nodded. If the money they originally invested was calculated based on the current stock price of New Wolf Network, they would have basically lost half of it. Selling the operating rights of "Magic Baby" was really not cost-effective.

"Haha, but why hasn't Scowell-Enix responded? I remember that President Yoichi Wada seemed to have been saying to Mr. Cao: The company has just merged and there are many things to do. Let's discuss it later, right?" Lin Feng

Say it playfully.

There is a buzz now. Mr. Cao has been saying that the operating rights contract for "Magic Baby" is under negotiation and will be signed soon. Now Lin Feng says that Wada Yoichi has not negotiated with New Wolf Network at all, which makes everyone confused.

Which is true or false.

Everyone looked at Mr. Cao.

"How do you know!" Mr. Cao was shocked and regretted the words as soon as he said them. However, he secretly wondered why Lin Feng knew this. This should be classified as top secret.

Representatives from twenty companies looked at Mr. Cao with a bit more distrust.

"But even if we sell it, will any company be willing to take over now? Also, I wonder how much Director Lin is prepared to sell it for?" Mr. Cao did not continue to dwell on this issue and got to the core of the problem.

The representatives of the twenty companies are concerned about their own profits. If they can make a profit, they will have no objection to New Wolf Network demolishing it. But if they cannot make a profit, they will keep the status quo of New Wolf Network unchanged.

"Haha, I'm going to sell it to the 'Second World' for 50 million." Lin Fengxiao said.

Mr. Cao sneered. The representatives of the twenty companies were a little more dissatisfied with Lin Feng. 50 million seemed good, but compared to the profit of 70 million in a quarter, it was too little. Although now Scowell-Enik

Si wants to take back the operating rights of "Magic Baby", but they haven't taken it back yet. Maybe they can hold on. Moreover, Lin Feng sold it to his "Second World", which really makes everyone feel a little uncomfortable. Isn't this right?

Are you clearly embezzling the assets of New Wolf Network?

The same is true for most hostile takeovers.

"Perhaps you may think that 50 million is very little, but if Scowell-Enix takes back its operating rights, the company can only receive up to 30 million in compensation." Lin Feng said, taking out a document from his briefcase.

, throw it on the table.

"This is the latest quotation I received from seven domestic online game companies for Scoville-Enix's mainland operating rights for "Magic Baby". I think it is possible that New Wolf Network will take back the operating rights for "Magic Baby"

You can tell how big it is by looking at it." Lin Feng sneered.

Everyone quickly picked it up and took a look, and their expressions changed dramatically. The quotations and contracts from these seven companies were too generous. According to Mr. Cao's calculation, most of the profits would be made by Scoville-Enix. As an operating company, it could only

Earning a meager profit. In this case, it is incredible that these companies are still trying desperately to grab the mainland operating rights of "Magic Baby".

Strange? Of course not.

Mr. Cao knows what these companies are trying to do. Making money is not important. They want to gain popularity and seize the market. Now the only popular 2D turn-based online game market in China is "Magic Baby". If you can get the operating rights of "Magic Baby"

, putting aside profits for the moment, the player resources of "Magic Baby" are firmly in his hands.

Mr. Cao was not surprised by the behavior of these companies. What he was surprised about was how Lin Feng could get such inside information. I am afraid that there must be Lin Feng's insiders at Scoville-Enix. Thinking of this, Mr. Cao felt frightened.

This can also prove where the solid rumors circulating in the market come from.

"How will New Wolf Network plan to operate without "Magic Baby"?" Representatives from twenty companies were even more concerned about this.

"Haha, that's why I invited Mr. Li to come." Lin Feng pushed Robin Li down to the stage.

"I am planning to sell the portal resources of New Wolf Network to Baidu for US$40 million." Lin Feng said.

Everyone was shocked, but Robin Li smiled at everyone.

This time Baidu acquired New Wolf's portal resources, which was originally beyond Robin Li's expectation. After all, Baidu does not have so much liquidity in its account to complete the acquisition. Although Robin Li has long coveted New Wolf's portal resources, but

It’s hard to move without money.

However, Lin Feng inherited the resources of Piao Astronomy Portal.

For the largest portal website in China, if it can be acquired by Baidu, it will undoubtedly allow Baidu to occupy the domestic search engine market in advance and have broader prospects. However, if Lin Feng invests 40 million US dollars, I am afraid that the shares will be

To occupy absolute controlling interest.

However, when Lin Feng proposed to join the board of directors but not interfere in daily management, and Robin Li would still serve as Baidu's chairman, Robin Li considered it carefully and immediately agreed.

Profit determines everything, not to mention that he has not lost his management rights over Baidu.

Lin Feng invested US$40 million to complete the acquisition of New Wolf Network portal resources. Baidu equity distribution: Robin Li 35%, Lin Feng 55%, Xu Yong 7%, and the remaining 3% is owned by other Baidu management. Lin Feng became Baidu's

The largest shareholder has absolute controlling rights, but has temporarily given up management rights and handed over full responsibility to Robin Li.

For Lin Feng, the acquisition cost of US$40 million is just a return of the US$52 million he earned from New Wolf in the early stage, and he will still have a surplus of US$12 million.

"No, I absolutely disagree." Mr. Cao slammed the table and shouted. At this moment, he realized Lin Feng's insidiousness. He first sold "Magic Baby" and then sold the New Wolf website to Baidu. As we all know, Lin Feng

Feng is Baidu's second largest shareholder. This is not about Lin Feng's self-improvement.

What's more, after selling "Magic Baby" and then selling New Wolf.com's portal website resources, what will be left of New Wolf.com? It's just an empty shell. I'm afraid the stock in their hands will drop by a few cents and no one will want it.

Representatives from the twenty companies were also dissatisfied. At the current market price, New Wolf is still worth US$112 million. If according to Lin Feng, "Magic Baby" was sold for 50 million yuan and the New Wolf website was sold for US$40 million, then the total

It was only about 47 million U.S. dollars, and the market value of New Wolf Network had shrunk by half invisibly. The 50 million U.S. dollars that had shrunk undoubtedly went into Lin Feng's pocket. How could anyone agree to this?

Suddenly, the conference room was in a commotion, with everyone reprimanding Lin Feng for his selfishness. Many excited representatives of investment institutions even threatened that they would rather be destroyed than destroyed.

Seeing the anger of these representatives, Mr. Cao felt warm in his heart. Perhaps, this equity dispute in New Wolf Network is still just a farce.

Lin Feng expected that everyone was so excited. After all, no matter who he was, his assets would suddenly be reduced by half.

"Quiet! I haven't finished speaking yet." Lin Feng slammed the table and silenced the conference room.

"Why are you so anxious? I haven't finished speaking yet!" Lin Feng glared at everyone with disdain.

Everyone looked unhappy, but they still calmed down to hear what Lin Feng had to say.

"Although New Wolf Network no longer has "Magic Baby" and no portal website, it still has this shell." Lin Feng said.

Shell? Everyone was stunned, wondering what else Lin Feng wanted to do. The new wolf had been demolished by Lin Feng without leaving any tiles behind. Could it be that Lin Feng would not even let go of this "shell"? The new wolf would not even have a place to stand? Thinking of this

, the representatives were shocked for a while.

Mr. Cao seemed to have vaguely guessed Lin Feng's intention, and his face became gloomy.

"I'm going to sell the shell to Qidian Fast Food Restaurant," Lin Fengxiao said.

Everyone was in an uproar again. Especially Mr. Cao, who was so angry that he almost wanted to throw the teacup in his hand at Lin Feng.

So cruel, you are so cruel! Not only did you sell "Magic Baby" and the portal resources, you also sold the shell. From then on, New Wolf has truly become a historical term. I'm afraid that in a few years, even the name will not be available

All were completely forgotten.

"No, I firmly object. Director Lin, after all, this is all your profit. What benefit does it have for us shareholders?" Mr. Cao said what everyone wanted, and this is the only thing he can grasp at the moment.

Life-saving straw.

"Haha, the good thing is that everyone will own the brand new 'Qidian Fast Food Restaurant' shares. 5 New Wolf shares are exchanged for 1 Qidian share." Lin Fengxiao said.

Everyone was stunned for a moment, and then began to calculate.

Mr. Cao, plus 20 investment representatives, owns a total of 60.5% of the shares of New Wolf. Converted into shares of "Qidian Fast Food Restaurant", that is, he owns 12.1% of the shares. In this way, everyone must clearly calculate, after the backdoor listing of "Qidian Fast Food Restaurant", the stock price

How much will it be.

"Haha, everyone, this is the third quarter financial statement of Qidian Fast Food Restaurant." Lin Feng handed the data report of Qidian Fast Food Restaurant to everyone from his briefcase.

In the third quarter of 2001, "Qidian Fast Food Restaurant" had a total of 625 franchise stores and a net profit of 6.75 million. The total share capital was 30 million shares and the profit per share was 0.225 yuan.

Now everyone calculates that New Wolf has 102 million shares, and its net profit in the third quarter is 82.5 million yuan. When converted into US dollars, the earnings per share is US$0.09. Although it is higher than the price-to-earnings ratio of "Qidian Fast Food Restaurant", if New Wolf.com disappears

"Magic Baby" may suffer losses. But "Qidian Fast Food Restaurant" is not worried at all. It is now the third largest fast food chain in the country, and this is only domestic profits. Although the future prospects of "Qidian Fast Food Restaurant" are not mentioned

It's bright, but developing steadily, definitely surpassing New Wolf Network.

However, everyone is still a little dissatisfied with the exchange of five shares for one share of "Qidian Fast Food Restaurant".

"That's all I have to say. I have prepared the contract. If you agree, please sign it. If you don't agree, I will immediately sell 39.5% of the shares in my hand again, and these seven domestic companies have quoted prices for "Magic Baby"

I can only throw the contract into the trash can outside. But now, if reporters don’t tell outside, there might be reporters digging through the trash can.” Lin Fengsenran said.

At this time, everyone looked a little ugly. If Lin Feng sells 39.5% of his shares at this time, although Lin Feng will lose a lot, the stock price of New Wolf Network will definitely collapse. And once it is true that these seven companies have plans for "Magic"

The quotation for the operating rights of "Baby" is exposed, and the consequences can be imagined. It is very likely to follow the footsteps of NetEase and be suspended.

Mr. Cao's face was livid. He didn't expect Lin Feng to be so aggressive. But judging from the faces of the twenty representatives, I'm afraid they would eventually agree to this extremely despicable and shameless plan. If Lin Feng's plan succeeds, the person who will undoubtedly benefit the most is Lin Feng.

.

"Magic Baby" is sold to "Second World", and the range of games covered by "Second World" will be wider. Except for 3D role-playing games for the time being, the other games will be dominated by one company. Its dominance in the domestic online game industry

The position will be unbreakable.

If the New Wolf portal website resources are sold to Baidu, Baidu will immediately become the number one portal website in China. Relying on Baidu's engine technology, the future prospects are limitless.

If the shell of Xinlang.com is sold to "Qidian Fast Food Restaurant", "Qidian Fast Food Restaurant" can also be listed on the market and a large amount of cash can be obtained.

And these three companies are all owned by Lin Feng, and Lin Feng holds absolute shares in them. It is really shameless to exchange the future prospects of "Qidian Fast Food Restaurant" for the resources of New Wolf Network. You know, if there is no news about the history of

However, there are rumors that Will-Enix has withdrawn the operating rights of "Magic Baby", and the stock price of New Wolf Network is at 3.1 US dollars, worth 300 million US dollars. In just these few days, it has shrunk to about 50 million US dollars, of which 250 million

All the US dollars undoubtedly went into Lin Feng's pocket.

What's more, 39.5% of the US$46.1 million in funds from selling "Magic Baby" and New Wolf's portal resources will fall into Lin Feng's pocket. In fact, Lin Feng only spent US$26 million (acquisition of New Wolf 39.5

% of the shares spent more than 44 million U.S. dollars) to annex Xinlang, and no scraps were left behind.

It's too cruel, it's really too cruel.

Mr. Cao was unwilling to give in, but he and all other management members only owned 9.5% of the shares, which could not play any practical role at all. The key lies in the twenty investment institutions.

"Director Lin, how about we think about it?" Mr. Cao went to lobby many representatives, and twenty representatives had already made their choices.

Mr. Cao's face was livid with anger, and he wanted to step forward and beat Lin Feng. Even if he was sued for it, he would not hesitate to take it to court. However, looking at the two sturdy bodyguards behind Lin Feng, Mr. Cao's wish would never be realized.

"Okay. But you must give me a reply before 5 o'clock this afternoon. Otherwise, once the Nasdaq opens in the evening, I will immediately sell all the New Wolf shares in my hands." Lin Feng said with an undisguised threat.
Chapter completed!