After saying that, the whole room fell into silence instantly. Chen Tianqiao, Chen Danian and Tang Jun all looked at Chen Chu tightly. Their trip to Yanjing was not for the annual economic storm conference, but for the complete solution to the trouble of Shanda's acquisition of Sina!

The barbecue made a sizzling sound on the rack, and the wine placed aside began to become hot. Yang Guangshan forgot the movements in his hand for a while and looked at Chen Tianqiao in a daze. Even though he, an amateur, only knew the superficial aspects of the Internet industry, he knew what Chen Tianqiao meant and what kind of company Sina was.

Not to mention Scar Liu, he did not expect that today he would see a merger and acquisition negotiation that might involve billions of US dollars on Chen Chu's side. This is much more exciting than he participated in those cocktail parties. This is to win a company with a market value of more than US$6 billion in one day!

Chen Chu glanced at Chen Tianqiao, then picked up the drink and took a sip. When Chen Tianqiao mentioned joining forces to acquire Sina, it was a bit beyond Chen Chu's expectations, but he was not too surprised.

As soon as Chen Tianqiao and Tang Jun arrived in Yanjing, they hurried to Yanjing. The only thing that could come to Chen Chu was to acquire Sina, which made Shanda fall into the quagmire.

As the "living room strategy" among the important part of Shanda's "Internet Disney", Shanda's launch of Shanda's box is the most important step, and the acquisition of Sina is for the copyright and content of Shanda's box.

Shanda's acquisition of Sina is undoubtedly a wonderful move. It can not only obtain copyrighted content for music, film, and sports for Shanda Box, but also transform into the portal website.

However, Shanda's acquisition of barbarians has now reached a stalemate. Sina threatened Shanda to continue the acquisition of barbarians and wanted to launch the "poison pill plan", and Shanda's entire acquisition has also reached a stalemate.

This is also the most lively event in the domestic Internet industry this year. Shanda and Sina two domestic Internet companies fought on Nasdaq, which caused shock in the domestic Internet. This is the first time that a company in China has a "poison pill plan".

After taking a sip of wine and thinking about interfering in this matter, Chen Chu looked at Chen Tianqiao, "How far has it reached now?"

When Chen Tianqiao heard Chen Chu's words, Chen Tianqiao and Tang Jun were relieved. Chen Chu did not refuse directly, which means that there was a chance to let Chu Ke Technology join this acquisition!

"Shanda has acquired 19.5% of Sina's equity. As long as Chuke Technology is willing to support Shanda, Shanda is confident of acquiring Sina!" Tang Jun said to Chen Chu, as if with a slight push, Shanda can directly acquire Sina.

After Microsoft successfully retired and won the title of working emperor Tang Jun immediately started a big move after joining Shanda. He first directly acquired the Korean game company Atoz for 100 million US dollars, which is the parent company that developed the "Legend", allowing Shanda to completely resolve the lawsuit and copyright issues.

Then he promoted the development of Shanda Box. It has to be said that Tang Jun is the professional manager Chen Tianqiao is looking for. He has also gained Chen Tianqiao's confidence in doing things. It is not in vain that Shanda used 2.6 million options to poach Tang Jun. According to Shanda's current stock price, these stocks are now worth nearly US$90 million, and the title of working emperor is definitely not a false reputation.

In the six months since joining Shanda, Tang Jun has been full of energy and is worthy of his status as the top professional manager in China. Last year, his salary was second only to Chuke Technology's president Wu Xingdao and Renren Technology's CEO Du Jianzhao.

However, since the start of acquiring Sina, Tang Jun, who was proud of himself, fell a little. Sina's hard bones were beyond Shanda's expectations, especially Sina's "poison pill plan", which made Tang Jun a little dirty.

Hearing Tang Jun's words, Chen Chu just laughed. If it were as light as Tang Jun said, Shanda would not have come to him today.

Chen Chu looked directly at Chen Tianqiao. Since they came to him, it means that the situation was worse than expected. Now it looks like Shanda is strong and eyeing Sina, and it seems that he can acquire Sina at any time. But obviously everyone knows that Shanda is already at the end of his strength.

"It's really a bit troublesome," Chen Tianqiao was not hiding anything at this time. "Shanda has spent too much money on Sina, and the funds currently available are less than 400 million US dollars!"

Although Shanda announced that Shanda has abundant funds and nearly one billion working capital can be used, it is just a natural thing to hold Sina, but in fact the real finance is less than 600 million US dollars, of which 200 million are used for Shanda's operations, and is also used to prevent other companies from sneak attacking and acquiring Shanda's capital chain in the absence of Shanda's capital chain. Shanda doesn't want to be suddenly attacked like Sina.

When it comes to Sina's management, Chen Chu could feel Chen Tianqiao's anger and dissatisfaction. Originally, Shanda thought that acquiring Sina would be beneficial to both parties. The top domestic game giants joined forces with top portals and Shanda's marriage to Sina can combine the pearl curtains and create a domestic Internet giant.

But Sina's approach made Shanda and Chen Tianqiao unexpected. Faced with Shanda's investment, Sina directly publicly opposed Shanda, and even refused to let Shanda, who became Sina's largest shareholder, enter the Sina board of directors.

Sina's actions made Chen Tianqiao, who was proud of himself, feel. After being refused to join the board of directors, Shanda began to force himself and had no contact with Sina's management.

Listening to Chen Tianqiao's words, he felt that something seemed very strange. He glanced at Chen Tianqiao and Chen Chu said carefully, "If Shanda contacts Sina's board of directors and management, the acquisition plan might be successful!"

Even if you are watching the flowers in the fog, it is an indisputable fact that Shanda and Sina have a very delicate relationship now. Although Sina reacts fiercely, not all of them, from the board of directors and management, are opposed to Shanda marrying Sina. The implementation of the poison pill plan is a pleasure, but the consequences are endless.

Some individual shareholders of Sina actually do not refuse Shanda's mergers and acquisitions. If Shanda acquires Sina, it can increase Sina's stock price, the stocks in the hands of those shareholders will be more valuable, and those shareholders can also take off the shares they hold at high prices.

Hearing Chen Chu's words, Chen Tianqiao's reaction was a bit strange and he sneered, "Shanda either withdraws from the acquisition. As long as he holds the shares and acquires Sina, he must reorganize the Sina board of directors and management!"

Seeing Chen Chu's surprised expression, Tang Jun, who was standing by, said that Shanda did not announce anything in this matter. "Before the acquisition, Shanda had invested in Shanda at the same time and Sina's four major holding institutions, Goldman Sachs, SoftBank, Sequoia Venture Capital, and Citibank, all had contact with Shanda, Goldman Sachs, SoftBank, Sequoia Venture Capital, and Citibank. They did not oppose Shanda's acquisition of Sina!"

Chen Chu's expression became a little serious. Now Chen Chu understood why Shanda had no preparation when he acquired Sina and began to rush around and acquire Sina.

Goldman Sachs, SoftBank, Sequoia and Citi are shareholders of Shanda and Sina. These four institutions together hold more than 20% of Sina's equity.

Shanda has had contact with these four major investment institutions, and these four major investment institutions have no objection to Shanda's merger and acquisition plan, which is also one of the reasons why Shanda directly initiated mergers and acquisitions.

With the equity obtained by Shanda and the support of the four major investment institutions, Shanda can almost instantly obtain 40% of Sina's equity and can directly control Sina!

I have to say that Shanda’s plan is good, which is why Tang Jun was able to convince Chen Tianqiao to make a desperate bet and directly swallowed Sina.

As a result, Shanda started to take action. SoftBank and Goldman Sachs' four major investment institutions, but for some reason, did not support Shanda as expected to join the Sina board of directors, and even allowed Sina's management to launch the "poison pill plan".

This made Shanda start to get in a dilemma. She finally had the opportunity to acquire Sina, and was able to cooperate with the "Shanda Box" plan. If she missed this opportunity and wanted to get it, she would never have the chance again. It is even possible that the Shanda Box plan would be affected!

But if you want to go further, Shanda's capital chain has begun to fail. One thing that worries Chen Tianqiao even more is the attitude of SoftBank's four major investment institutions. This time, the four major investment institutions are on the wall. If they take advantage of Shanda's capital chain shortage and suddenly attack Shanda, then the entire Shanda may be stolen by those foreign investment banks and Shanda is taken away by several major investment banks, which is not impossible!

This is also the reason why Chen Tianqiao immediately found Chen Chu's place after he came to Yanjing. He had to prepare in advance. Shanda's opponent is probably not Sina, but Shanda's directors and shareholders. Even if he knows that La Chuke Technology has entered, Shanda may have to pay a considerable price. Chen Tianqiao has to prepare. The trick of driving tigers and swallowing wolves may still survive, but if he doesn't need it, he may be swallowed.

"How much money does Shanda need to complete the acquisition?" Chen Chu glanced at Chen Tianqiao and others, and asked Chen Tianqiao.

Chen Tianqiao's eyes moved. Before coming to Yanjing, Chen Tianqiao hesitated. He asked people with his personality to bow their heads and bring rescuers to Chuke's technology. But looking at home and abroad, there are only a few people at home and abroad who have the ability to turn the tide and change the current grand deadlock. Foreign countries are investment banks on Wall Street, as well as Microsoft, Amazon, Yahoo and others in Silicon Valley.

There are even fewer in China. Apart from the major banks and insurance giants with strong financial resources, the one who is most capable is Chuke Technology. Although she is unwilling to admit it, it is not to be said that Chuke Technology's reputation and reputation are much more reliable than those foreign companies!

"Chuke Technology needs to provide Shanda with about 10 to 1.5 billion US dollars of funds!" At this point, Chen Tianqiao began to speak out loud. At this time, he was concealing it and it made no sense at all. It depends on the attitude of Chen Chu and Chuke Technology.

Yang Guangshan and Scar Liu were both gasping for breath. Shanda must need cash. Companies that can raise these funds in China in a short period of time are probably worthless. At least Scar Liu's real estate company has only 100 million or 200 million working capital on weekdays. If you really want to get more funds, you have to sell the company as a seller.

Chen Chu frowned, but did not refuse directly. Now it depends on whether Chen Chu wants to intervene in this muddy water and be a black knight!
Chapter completed!