Font
Large
Medium
Small
Night
Prev Index    Favorite Next

The first thousand one hundred and forty-nine chapters come to an end

For the people who are obsessed with the Internet and technology industries, these two days have been eye-opening. Yahoo and Sina, the two big brothers from the East-West portals, have also launched a poison pill plan, which is a coincidence.

The original sight of everyone was on Yahoo, especially Yahoo launched multiple strategies to fight Microsoft. After being rejected, Microsoft's attitude began to become tougher, and began to directly contact Yahoo's shareholders, preparing to take the blame and directly take control of Yahoo's board of directors.

Just when the focus and sight outside were on Yahoo, Sina's stock price, which was far away from Nasdaq, suddenly began to rise sharply.

At this time, the domestic finance, finance, and Internet industries began to realize that these domestic industries were just taking action. After all, Shanda and Sina have been arguing for almost three or four months, and the people who were on the gossip were a little tired.

Just when everyone thought Shanda was about to start taking Sina, the news came out caught people off guard. Many foundations in North America suddenly acquired Sina's equity at the same time. In less than a morning, they directly acquired more than 5% of Sina's equity in the market, causing Sina's stock price to rise by 14%, and the entire technology industry was in an uproar!

Sina Finance Department, on the electronic screen on the wall, kept reminding Sina's latest stock price. Lin Xinhe and a group of Sina management teams looked a little bad.

"It's not Shanda, Shanda has no expression on this acquisition!" The head of the Finance Department said to Lin Xinhe.

When Lin Xinhe heard that it was not Sina, he relaxed a little. Now what he had to decide was whether to implement the poison pill plan immediately. Now for Sina, it was like there was a wolf in front and a tiger behind. After finally blocking Shanda, another tiger suddenly came, which made Lin Xinhe, who had gray hair, feel tired in his heart.

At this moment, he really felt old, and he couldn't help but miss those who left Sina even more. Wang Zhidong, Accountant Cao and former Sina presidents were not that bad overall. As a result, he was driven away by the Sina board of directors who were eager for quick success and instant benefits. Now he is the only one left here to be alone.

"I notify Boss Duan and Sina Foreign Directors to hold a board meeting!" The sky outside had already entered the night, but for Sina, just like the night in Yanjing where the winter wind began to blew out, this night was not easy for Sina!

Lin Xinhe wants to hold another board of directors to contact foreign shareholders and Duan Yongji, currently Sina's third largest shareholder, to get the support of these directors.

At this time, Morris, who was inquiring about the news, came over. Lin Xin and other Sina executives felt a little bad when they saw the expression on Morris's face.

Morris had a feeling of depression on his face. He knew that this trip to MIC Investment Bank in Asia was messed up, which made Morris feel frustrated!

"Lin, we were defeated!"

Morris's first words made Lin Xinhe tighten and endured the pain in his heart. Lin Xinhe looked at Morris, "We have not lost yet, everything is unknown!"

Looking at Lin Xinhe, Morris had to admire Lin Xinhe. With Lin Xinhe's age, he was still fighting with a number of Internet upstarts. If he could not lose his advantage, compared with the old antique management of North American brands such as automobiles and electrical appliances, the management of well-known traditional brands in North America will be bankrupt. Lin Xinhe is already considered open-minded enough.

"Micro Investment Bank has found out who is raising the bid for Sina, it is a North American trust fund!"

When Morris saw that there were still people on Sina, he spread his hands, "The major shareholder behind the North American Trust Fund is Chuke Technology Technology!"

Hearing this, Lin Xinhe's face finally changed drastically. This is no longer a bad tiger. It is almost a Raptor crossing the river. Sina's executives were even more uproar. They didn't expect that Chu Ke Technology would suddenly end.

"How dare Chu Ke technology..." Lin Xinhe was also in a mess for a while. He knew that the situation had been out of his control. Facing Shanda and Chu Ke technology were completely different. What made Lin Xinhe even more worried was whether Chu Ke technology was snatching Sina with Shanda or whether the two sides had joined forces, this was a completely different situation!

After looking around, Lin Xin and Qiang cheered up and said to the people around him, "We have not lost yet. Sina's management rights are still in our hands. The board of directors will be held immediately. We will implement the poison pill plan. Sina is still our Sina!"

Seeing Lin Xinhe who was still holding on, Morris sighed. He knew that once Chuke technology took action, it would probably not be so simple. He is now going to let Michigan Investment Bank start to withdraw from this game, so that Michigan Investment Bank's losses will be minimized!

After coming to the conference room, the atmosphere was completely different from the time when he was teasing the grand ceremony a few days ago. Several major foreign shareholders also appeared in front of the screen of the video conference, and representatives of shareholders such as Duan Yongji rushed over. The atmosphere in the entire conference room was very depressing.

Seeing that the staff in the conference room were almost here, Lin Xinhe leaned forward and said to the crowd, "I'm going to invite you all over today. I believe everyone already knows what's going on. For the benefit of the entire Sina, I will now represent the Sina board of directors and decide to pass Sina to implement..."

Before he finished speaking, the representative of Sequoia Investment suddenly coughed, "Director Lin, it seems that there is still someone who has not come to this meeting today!"

The SoftBank representative in front of the screen suddenly felt a bad feeling. He smelled an unusual smell. The attitudes of Sequoia Investment, Citigroup and Goldman Sachs were quite strange. The most surprising thing was the representative of Duan Yongji, who had always supported Lin Xinhe, who was also very silent this time. Today, the conference was full of weirdness.

Lin Xinhe looked at the representative of Sequoia Investment, and a look of grief and anger appeared on his face. He had already anticipated something, but he didn't expect that this day would fall on him. Just like the previous Sina presidents, they all left in disgrace. He watched several foreign directors drive away the previous presidents, and now it's his turn...

The door of the conference room was pushed open, and Lin Xinhe's secretary said in panic, "Mr. Lin, they are going to break in, I..."

Lin Xinhe was not too surprised when he saw the group of people entering one after another, but one of them still made Lin Xinhe shake his head and said to the secretary, "There is nothing to do with you here, go out!"

When Cao Guowei saw Lin Xinhe with a haggard smile, he couldn't help but sigh. He felt that if he stayed on Sina, he would not be better than Lin Xinhe at this time.

"Dr. Lin!" Cao Guowei entered the conference room and still called Lin Xinhe.

Lin Xinhe sighed sadly, but he still regained his demeanor, stretched out his hand to Cao Guowei, and then looked at Chen Tianqiao who came in. The two looked at each other. At this time, both sides had no verbal confrontation for the past few months, and both of them understood that the ending was decided!

"Sequoia Investment proposes to re-election the Sina board of directors!" After seeing Chen Tianqiao and Cao Guowei present, the representative of Sequoia Investment said directly that he is here to be a tool today.

"Chuke Technology decided to form a joint director seat with Shanda. I suggest that General Chen be the chairman of Sina!" Cao Guowei said directly. At this point today, they are going to take over Sina!

"Sequoia Investment agreed and the transfer of 5% of the equity will be represented by Chuke Technology!"

"Citibank agrees!"

"Goldman Sachs Investment agrees!"

As soon as he finished speaking, the Sina management in the entire conference room changed his expression. These three major investment banks occupied 15% of Sina's equity, and now they have all been transferred to Chuke Technology. In addition, Chuke Technology has acquired 5% of the equity, which almost exceeded 20% of Sina's equity in one fell swoop.

Chen Tianqiao, who is on the side, also manages 19.5% of Sina's equity, and forms a joint seat on both sides, and has become the largest shareholder of Sina!

What surprised SoftBank representative even more was Duan Yongji's representative, who actually raised his hand to agree to the proposal. SoftBank representative's face changed. He knew that the game was decided. Chuke Technology and Shanda, which had almost obtained more than 50% of the equity, were enough to reorganize the board of directors!

The meeting lasted until midnight. Chen Tianqiao fulfilled his promise. In addition to Lin Xinhe, nearly half of the remaining Sina management was replaced by him, almost slaughtering the entire management. In terms of the four major foreign investment banks, when they saw Citi, Goldman Sachs, and Sequoia had all transferred their equity, SoftBank could only transfer it, and if they continued to stay in Sina, they could only be used as statues.

Looking out the window, there were only a few lights rising in Yanjing under the night sky, but Chen Tianqiao felt a stir. Sina, one of the four major domestic portals, has now been taken down by Shanda!

Shanda Box's project was finally able to restart. Chen Tianqiao calmed down and looked at Cao Guowei. He knew that if it weren't for Chuke's technology, Shanda would never have won Sina!

"Old Cao, thank Mr. Chen for me. After finishing my work, I will definitely come to thank me in person!" Chen Tianqiao said to Cao Guowei. In just a few days of time, Chen Tianqiao has gained an understanding of Cao Guowei's ability. If it weren't for Cao Guowei, Duan Yongji would never have supported them. Unfortunately, Cao Guowei would never have been to Shanda, and Chen Tianqiao could not have created a platform like Oriental Network for Cao Guowei.

"Lin Xinhe, Lao Cao, please deal with it. Sina can give him a retirement banquet that is sufficiently consistent with his identity, and will also cash out all the shares he holds!" Chen Tianqiao knew that Cao Guowei had a close relationship with Lin Xinhe, so he sold Cao Guowei to a favor.

Cao Guowei went outside and saw him in Lin Xinhe's office. At this time, Lin Xinhe felt a little more relaxed. When he saw Cao Guowei coming in, he called him like Cao Guowei was when he was on Sina, "Here is here!"

"Mr. Lin, Sina will continue to operate independently in the future, but it will be jointly managed by Chuke Technology and Shanda!" Cao Guowei knew that Lin Xinhe was unwilling to be acquired because he wanted to retain Sina's brand. Sina can be said to be the most successful time in Lin Xinhe's career.

"Sina will hold a retirement dinner for you... or you can go to Oriental.com as a special consultant!"

"Get back!" Lin Xinhe looked at Cao Guowei and said with a relaxed expression, "I will feel relieved if you are here!"
Chapter completed!
Prev Index    Favorite Next