Chapter 1161 Acquisition War

The founder of Miramar Hotel is Mr. Yang, but the old man is not in good health and has not been in charge of hotel affairs since last year.

He has handed over most of the company and family business to his wife and children.

Most of the management work under the name of the Yang family is also managed by Mrs. Yang and her sons.

Just like this family meeting tonight, Mr. Yang was as unavailable as ever.

His wife presided over.

In the conference room.

Mrs. Yang knocked on the table and stopped the quarrels on both sides. She said dullly:

"A month ago, a company called Feifan Investment was constantly buying Miracle stocks. As far as I know, the shareholding ratio has exceeded 10%.

"This company absorbed it in batches and did not cause fluctuations in the stock price. At that time, we judged that he was not a copywriter. Now there is another Li Zhaoji from Henderson's Seoul, who has taken 15% of the equity in one go. These two people

Does it matter? If they were in the same group, they might issue an offer tomorrow.”

"I have gone to Dirk. He is Li Zhaoji's stock broker. He confirmed to me that Li Zhaoji doesn't know this wonderful investment." The second son Yang Xu looked gloomy.

The Yang family has four sons and two daughters.

My daughter is already married, and she is not qualified and has no need to attend to this evening's meeting.

Tonight's family meeting mainly includes four sons, some relatives of the Yang family, as well as the management of the Miramar Hotel.

"Whether they recognize it or not, we must start to be prepared." The third brother Yang Rui spoke slowly.

"Mom, we were originally planning to sell the Miramar Hotel. If they took the initiative to contact us, the conditions could be negotiated, but they secretly controlled the stock price, and no... No matter what, we can't make them happy, I suggest introducing a white warrior who has the intention to acquire it."

White Warriors are a well-intentioned acquirer with sufficient financial resources, and the most common method used by listed companies to deal with snipers.

The company is currently in a serious situation, and the White Warrior is undoubtedly the best choice.

Good-faith buyers often offer high prices, which can ensure that Miramar hotels sell at a good price.

While passing on the debt, he recovered a huge sum of money, which just solved the current dilemma of the Yang family.

Since Mr. Yang fell ill last year, there have been constant conflicts within the family.

The drama of wealthy families competing for family property has already appeared within this family.

Mrs. Yang actually agreed with this method. Her husband told her that she would sell part of the property under the family name and exchange it for cash to share the matter for her sons.

But she knew that her second son Yang Xu would definitely object fiercely.

The obvious reason is that the family business that my father founded cannot be sold.

But in fact, this is definitely related to Yang Xu being the director of the board of directors of the Yang family on the Miramar Hotel.

But if it is not sold, several other companies of the Yang family cannot be kept.

Affected by the stock market crash in 1981 and Mr. Yang's serious illness.

The situation of Yang's company has been deteriorating in the past two years.

A large amount of cash is urgently needed to overcome the difficulties.

"Erzai, do you have any objection?" Old Mrs. Yang did not ignore Yang Xu. Her son wanted to keep the family business. I always understand.

If possible, she didn't want to sell the country that her husband had worked hard to build.

Unexpectedly, Yang Xu did not object.

"I have no objection." There was no objection because Yang Xu was helpless and could not make better suggestions.

The operation and board of directors of Miramar Hotel have been personally chaired by Yang Xu in recent years.

Logically speaking, any large holdings will arouse his alertness.

Last month, he actually found that someone was secretly holding Miramar's stock.

At that time, Yang Xu had thought about counterattacking. He tried to apply to the China Securities Regulatory Commission for additional issuance of shares, but the hotel suffered serious daily losses and the application was not approved.

Yang Xu contacted banks that had cooperated with them in the past, but the Yang family had too much debt and he could not borrow a little money.

If Mr. Yang hadn't had enough face, the creditors of these banks would have long sued the court for the debt.

In order to raise funds, Yang Xu even made up his mind to several private properties he purchased in his early years.

However, with the current terrible housing prices, selling them will be a drop in the bucket and will not help save the company.

Mrs. Yang and her husband refused him harshly.

He racked his brains to come up with a risky solution.

A few days ago, Yang Xu privately contacted Asian securities investor Wei Li.

He was planning to cooperate with the other party to maliciously acquire Miracle, and then he himself took back the controlling stake in the company from Methodist.

Doing so can turn Miramar Hotel from the Yang family into its own hands.

Anyway, my dad can't take care of things, and the other brothers will only drag them down.

Yang Xu felt that he was doing this correctly.

If this plan can be successful, it would be great that the hotel would still be in the hands of the Yang family!

As a result, when he found the Methodist who had a good relationship, he was rejected.

At first he judged that Methodi was unwilling to wade into the muddy waters. When news that Li Zhaoji was also interested in the Miramar Hotel was exposed, he understood the real reason why Methodi rejected him.

At this time, Li Zhaoji was named the God of Stocks in Hong Kong.

The company this tycoon targeted has never escaped.

In the stock market, even another tycoon named Li is not Li Zhaoji's opponent!

Although Wei Li's Asian Securities is powerful, he has no courage to go and meet Li Zhaoji.

Because no matter whether it is ability or capital, the entire Hong Kong Island can surpass Li Zhaoji, it will never exceed one hand.

Wei Li believes that joining Li Zhaoji is determined to win the Miramar Hotel.

The Yang family would better give up decisively and chat with Li Zhaoji, and sell more money.

"Who else can I find except Wei Li?" Yang Xurui sighed secretly. In his circle of friends, only Wei Li has the ability.

If it weren't for Li Zhaoji and that wonderful investment, and with his supportive cooperation, Wei Li would definitely succeed.

After all, Mirava has been losing money and buying cannot get a return. Except for those with ulterior motives, who dares to take over at such a moment?

Seeing that he did not express his opinion, Mrs. Yang probably agreed to the White Warrior's method.

Then selling the company will become a unified decision for the Yang family.

"Sanzai, you proposed to find a friendly acquirer. Is there a suitable candidate?"

"Mom, you need to make an idea." Yang Rui just returned to Hong Kong, and his proposal was just to give advice, and he did not have the ability to execute it.

Mrs. Yang became silent. What she wanted to sell was the hotel business.

The Yang family is not engaged in this industry and no one is willing to take over, mainly because they lack financial resources.

Her husband said that he could only look for it from the village party.

But which fellow villager would help the Yang family overcome difficulties for no reason?

This is a transaction involving hundreds of millions of Hong Kong dollars, and no matter how deep a friendship is, it is useless.

No matter which good friend she is looking for, she will lead the wolf into the house and is destined to be slaughtered.

This sniper came too accurately. It happened that Mr. Yang was seriously ill and the Yang family encountered the biggest financial crisis.

The old lady didn't think anyone was willing to block the gun for the Yang family.

"I need to consider this matter carefully." Old Mrs. Yang had no choice but to make a decision, she tried her best to comfort the formation.

"Our biggest opponent is Li Zhaoji, followed by that extraordinary investment. If they are not partners, then they are competitors. One party initiates a merger and acquisition, and the other party will not sit idly by. We will temporarily

Wait and let them fight each other, and the stock price will rebound. We hold nearly 30% of the company's controlling stake and control the board of directors. It is not that easy for them to lock in the door, so there is no need to worry too much.

She left the conference room alone and wanted to go back to discuss with her husband.

But when Mrs. Lan thought of her husband's condition, her mood became even more dizzy.

On the Yang family, the company's future is uncertain, which leads to collective silence among the people present. Even the brothers cannot raise the interest in talking, and eventually parted in an unhappy manner.

After the market opened the next day, the board of directors did not take any measures.

The share price of Miramar Hotel Group continued to fall, and the small shareholders were panicking and listed and sold their stocks, but it made Qin Fan and Li Zhaoji cheaper.

The following week, the two kept increasing their holdings, but the rapid increase in buying eventually led to a rebound in the stock price.

The share price of Miramar Hotel is approaching 4 yuan again, and continuing to hold will increase the acquisition cost.

The two sides tacitly reduced the buying volume and began to consider whether to officially showdown.

Henderson Land Development Headquarters.

Li Zhaoji sat opposite Dirk, and the desk in the middle was filled with documents related to mergers and acquisitions.
To be continued...