Chapter 2134 Jack is in a hurry
The poison pill plan is a means of opposing malicious acquisitions. The inventor is Martin Lipton, a famous merger and acquisition lawyer in the country of Magnesium. The official name is "Equity Dilution Counter-Acquisition Measures".
The so-called poison pill plan refers to the action of issuing new shares at a low price when a company encounters malicious acquisition, especially when the acquirer owns more than a certain proportion of the shares, in order to protect its controlling stake.
The purpose of the Poison Pill Plan is to dilute equity, reduce the share of stocks in the hands of the acquirer, increase the acquisition cost, and make the acquirer unable to achieve the goal of controlling the shares.
It seems that the poison pill plan can effectively curb the acquirer, but why did it give such a name? Because its poison can not only drive away the acquirer, but also have a huge impact on the company itself.
The additional issuance of new shares requires approval from the shareholders' meeting. The targeted additional shares to a specific shareholder will not only dilute the equity of the acquirer, but also dilute the equity of other shareholders. Moreover, the price of such private placement stocks will generally not be too high, which will also harm the interests of shareholders!
This kind of case has happened many times in Magnesium Country before. A few years ago, when Feng Xinqiao's Dasheng Group acquired Xinlang, Xinlang also used the poison pill plan, and eventually defeated the Dasheng and retained its autonomy. It is one of the most classic cases of the poison pill plan in Xiaguo.
Regardless of whether it is a real poison or not, since the Island Broadcasting Corporation has made this decision, it means that they are going to fight to the end with NTR.
For ntr, this situation of slaughtering is definitely not good news, so when Li Rui was still watching TV shows leisurely, his phone received one call after another, mainly from the financial bosses behind him.
Cohen is most concerned: "Li, the people of the island are too stubborn. They actually launched the poison pill plan. I think your acquisition has encountered a big problem. What do you plan to deal with? My suggestion is to sit down and negotiate with them. If necessary, I can help me get in touch with them."
Ichiro Fukushima was a little tactful: "Li, how do you plan to deal with the poison pill plan of the Island Broadcasting Corporation? I think they are just bluffing, you don't have to worry at all!"
Woze and Murakami Nobuki expressed their willingness to provide more financial support to Li Rui.
Judging from their reactions, they all think that after the Island Broadcasting Corporation launched the poison pill plan, it will be difficult for ntr to acquire the controlling stake as expected.
But their subsequent approach was completely different.
Cohen took the initiative to solve the problem through negotiations. It seemed that someone had said hello and wanted to eat the next one, which was in line with his usual style of conduct.
Ichiro Fukushima encouraged Li Rui to continue, fearing that the world will not be in chaos.
Compared with the previous two, Woze and Murakami Nobuki are more insidious. They want Li Rui to continue to make an impulse to continue to acquire. It is best to completely fall into the quagmire of acquisition and cannot afford to pay back the money, so that they can convert debt and equity into legitimately, become shareholders of ntr in one fell swoop, and thus control ring!
All of these financial people are broken and have no good stuff!
Li Rui was very happy and immediately asked Woze and Murakami Dimitri whether he was willing to borrow tens of billions of island kingdoms to him according to the previous conditions.
The two companies did not hesitate at all and immediately signed a contract to pay the money. The speed was amazing, for fear that Li Rui would regret it.
Li Rui was in a good mood and picked up his phone and sent a message to Zhou Lin: [Please ask lawyer Sanmu to come.]
An hour later, Li Rui and Sakurai Mami met at the residence of the lawyer Hiroji Miki and his assistant Daimachiko.
Everyone was acquaintance. After a little greeting, the guest and the host took a seat. Li Rui said bluntly: "Lawyer Sanmu, I want the materials you prepared, how are you doing?"
Hiroji Miki also participated in the ntr acquisition throughout the process and immediately took out a document and said: "We have prepared a case about the poison pill plan as you told me. The plan of the island broadcaster to issue additional shares to Fuji TV at a price of 5,950 Island Kuoyuan is an act that seriously damages the interests of existing shareholders. Although the island law does not prohibit the issuance of new shares in principle, the law stipulates that the purpose of issuing new shares is to raise funds. The island broadcaster group's practice is to maintain the control of the original company. This behavior has been judged by the court for multiple cases. Sanki Lawyer believes that this lawsuit will definitely be won!"
Li Rui nodded and said, "Then please ask Mr. Miki for this lawsuit."
"Please rest assured!" Miki Hiroji was overjoyed.
This is a big business!
Hiroji Miki looked at the time and said, "Mr. Li, I will go to the firm now and draft the indictment. If everything goes well, I will file a lawsuit with the Dongdu District Court tomorrow."
Li Rui nodded: "Thank you for your hard work."
Hiroji Miki hurriedly left, and the next battlefield was no longer the stock market, but in the court and public opinion.
That night, Li Rui first congratulated Christmas Eve to his confidants all over the world, and then celebrated happily with Sakurai Mami.
The next day was Christmas, and Hiroji Miki brought good news. The lawyers of their institute completed the indictment until they could sleep all night and submitted it to the Dongdu District Court as soon as possible.
The court accepted the indictment and was scheduled to be heard on December 31, the last day of 2012.
Whether you can collect a perfect palace for 2012 and whether you can usher in a wonderful start in 2013 depends on the court's trial results.
On Christmas Day, Li Rui gave herself a big holiday and ignored the various news that were still flying all over the sky. Instead, she accompanied Sakurai Mami to spend a wonderful day like all young couples.
I took my hands to go shopping, went shopping in luxury stores, played roller coasters in the amusement park, took big head posts on the street, and took a leisurely seat at my favorite coffee shop. I did all the daily life of my lovers and hotels, and I just wanted to experience the rich culture of the island country's lovers and hotels.
At six o'clock in the evening, after having dinner with Sakurai Mami, Li Rui looked at the time and said, "Sorry, I'm sorry, I can't continue to accompany you tonight. I need to go to the company to deal with some things."
Sakurai Mami nodded and said, "It's okay, you go and do business, I can do it myself."
Li Rui felt a little disgusted and thought for a while and said, "Actually... I'm not going to do business, but I promised Taocaijiang that I would take a day to accompany her on Christmas."
A trace of loneliness flashed across Sakurai's face, but immediately said: "Since you promised her, you can't break your promise. You have been with me these two days, so it's time to spend time with her."
Li Rui said: "Don't you... mind?"
"Of course I don't mind." Sakurai Mami said, "If you love you, you have to accept your strengths and weaknesses. Except for being a little romantic, you are all good. Even if you don't have Taocai Jiang, you have so many lovers in Huaguo and Magnesium. I just hope you can be happy when you are with you."
Li Rui hugged her in emotion and said softly: "When I'm with you, I will make you the happiest woman in the world."
Sakurai Mami put her head on Li Rui's shoulder and suddenly bit him hard through her clothes.
Li Rui felt pain, but he did not avoid it.
At this time, it would be better for Sakurai Mami to vent her. She said she didn't mind, so how could she really not mind at all?
This bite hurts so much. After Sakurai Mami let go, she choked and said, "You have to promise me that you can't say anything you said to me anymore, as I will be very sad."
Chapter completed!