The Situation of Merchant Killing

Chapter 259 Poison Pill
Inside Zhan Dao Capital, Long Ming flipped through the financial news and ate the ham sandwich in his hand.

"Didn't eat in the morning?" Mi Ming pushed the door open and walked in.

"Sister Zhang is going to prepare for her daughter's wedding." Long Mingyi said, "Yiren makes breakfast... oh."

"Her daughter?" Mi Ming said, "Graduated? Want to get married?"

"I'm anxious enough." Long Mingyi said, "She said she would have a baby while she was young so she could find a job in the future."

"I think if this is the case, she might not have to look for a job for a few years." Mi Ming said, "Unless someone from her husband's family takes care of her, or Sister Zhang..."

"Sister Zhang hasn't retired yet. She has saved money all these years to pay her daughter's tuition and make up the down payment. If she doesn't work, she will have nothing to eat." Long Mingyi said: "These two children really do whatever they want."

"From your description, Sister Zhang's son-in-law's family is also average."

"I don't think it's better than Sister Zhang." Long Mingyi said: "So, these two children really do whatever they want. They don't care about material conditions at all."

Mi Ming said based on the experience of those who have experienced it: "I think it's more like after the 'accident', the man wanted to tie her up."

"Those are other people's family affairs." Long Mingyi said, "Do you want to tell me some good news?"

"Yes." Mi Ming said: "Although the 'corner' has not been captured yet, Hu Yuan can't sit still. Regarding Bao Yumei, he made a mistake by letting him act."

"What's wrong?" Long Mingyi put down the sandwich in his hand.

"Hu Yuan wants to repurchase shares." Mi Ming said: "Xinfeng is going to repurchase 5% of the shares in the market."

Repurchasing shares and reducing the number of tradable shares on the market, Hu Yuan thought he could reduce the risk.

"Is he a genius?" Long Ming smiled and said, "Won't that make him die faster?"

In the Xinfeng company located in Jing'an, the chairman's office was pushed away.

Hu Yuan looked up and saw that it was his daughter Hu Fei, and waved to the secretary who followed Hu Fei in.The secretary nodded, turned around and went out to close the door.The secretary is not stupid, and will not really stop the future head.

"Why do you look so angry?" Hu Yuan asked.

"Did you say you want to repurchase shares?"

"I said it."

"You said you would leave it to me."

Hu Yuan stood up and said, "Bao Yumei has retreated. We can't wait."

"Dad." Hu Fei called, "You can't buy back shares."

"why?"

"What we lack the most is funds." Hu Fei said, "Yuan Zhanyun's loan is not for this."

"We have to keep Xinfeng."

"Dad!" Hu Fei asked Hu Yuan, "If Long Ming knew that we were going to grab shares, what would he do?"

"What can he do?" Hu Yuan didn't know.

"He will also grab it!" Hu Fei said with certainty: "How can the funds in our hands be a fraction of the sword? Long Mingyi can mobilize one billion funds in one day. How can we have so much money. That is burning money ! Even if we win by then, Xinfeng is in our hands, and the entire company’s funds have no liquidity, will our Hu family die with Xinfeng tied up?"

Hu Yuan was speechless.

"Dad." Hu Fei stomped her feet anxiously, "You are using your own weaknesses to compete with others' strengths!"

"Hurry up." Hu Yuan got up and said, "Cancel the afternoon board meeting. No more discussions on buybacks."

"Huh." Hu Fei finally breathed a sigh of relief. "Let me take full responsibility, so you don't mess around, okay?"

"Okay, okay." Hu Yuan patted his daughter on the shoulder and said, "Listen to you."

In Zhan Dao Capital, Long Mingyi received another news that Hu Yuan canceled the repurchase plan.

"This guy, backtracking." Mi Ming said, "That's not bold."

"It seems that a sensible person stopped him." Long Mingyi said: "Books are not in vain, and learning is not in vain."

Mi Ming leaned forward and said in a low voice, "Hu Fei disposed of the assets very quickly, and a lot of 'leftovers' were disposed of. As for the price, I wonder if I can sell it at her price. She is saving cash."

"Hu Fei is very capable." Long Mingyi said: "She, the 'Girl with Thousand Faces', is a rare opponent."

"She has saved so much cash, what is she going to do?"

"Today's incident is a good one!" Long Ming said to Mi Ming, "It exposed a doubt. She won't fight with us for funds, at least not in the short term, so why is she saving cash?"

No matter how Xinfeng reserves cash, it cannot reserve the capital scale of Long Mingyi's sword.

Mi Ming gave two options, "In addition to selling the burden, there is also the return of funds."

If Hu Fei started selling the company's most valuable assets, it would be a typical "scorched earth" strategy, which would bring big fluctuations to the market.

"I didn't expect that either." Long Mingyi said, "But, there are definitely surprises."

"'Poison Pill'?" Mi Ming asked, "Fixed increase?"

"It seems very possible." Long Ming nodded, "You are too smart."

The official name of the "poison pill" is "equity dilution anti-acquisition measures". Once an unrecognized party acquires a large share of the target company (usually 10% to 20% of the shares), the poison pill plan will be launched. As a result, new stocks flooded the market.Once the poison pill is triggered, all other shareholders have the opportunity to buy new shares at a low price.This greatly dilutes the acquirer's equity, which in turn makes the acquisition expensive, thereby achieving the purpose of resisting the acquisition.Specific methods include increasing shareholdings, seeking major shareholder alliances and collecting voting power of attorney from small and medium shareholders, finding third-party companies to act as foreign aid, asking for high prices for the shares of snipers, and formulating targeted shareholder equity plans, etc.

"That's right." Mi Ming said, "Hu Yuan was too nervous. He disrupted Hu Fei's deployment."

Long Ming nodded, "We will know what this fund is for."

"Poison pills are not easy to crack." Mi Ming said, "It's hard."

"Therefore, we must instigate the existing directors and let them stop the 'poison pill' plan." Long Mingyi said: "Although Bao Yumei is not a director, she is very important and may affect other people, so Hu Yuan can't sit still .”

"I will activate every cell in my body immediately." Mi Ming turned and went out.

Long Ming contacted Zhang Lu, "Is there any good news from Mo Qi?"

"If you don't see a rabbit, you won't scatter the eagle." Zhang Lu said, "It's not easy to let others bear the loss, right?"

"Then can you handle a few shareholders? Directors?" Long Ming sighed, "Mi Ming may not be able to handle them. 'Poison Pill'..."

"That's really troublesome." Zhang Lu smiled sweetly. "It seems that you still remember my kindness."

"Yes." Long Ming nodded.

"I'll do my best. Goodbye." Zhang Lu hung up the phone.

Long Ming thought of Wang Canhui.Of course, to find Wang Canhui, Xinfeng had to be absolutely safe, or at least when he was killed with a single blow.Wang Canhui would be interested in this piece of "meat".This is also the purpose of Wang Canhui's encouragement to Long Mingyi.

When Wang Canhui rescued Liu Xiangdong, Liu Xiangdong also secretly benefited Wang Canhui.

Long Mingyi was thinking about everything when he received a call from Sun Tao.

"What's wrong?" Long Mingyi said, "Did you think of me at the Ningzhen construction site?"

"Ming Yi..." Sun Tao said sadly, "Li Chao... is gone."

"Let's go? Go..." Long Ming was stunned, "What...when..."

"This morning. Myocardial infarction..." Sun Tao said, "Farewell to the body the day after tomorrow."

"See you tomorrow." Long Mingyi hung up the phone.

When Long Ming recalled the phone call he had with Li Chao, what Li Chao said in the middle of the night was very sad.

"After the second scene, I need a sauna. I didn't go home before 2 o'clock for five days in a row. If I do this again, I'm going to get divorced."

Alcoholic liver, fatty liver, hyperlipidemia, high blood pressure, diabetes, in order to support his family, Li Chao devoted almost everything he had.

Li Chao can be regarded as a responsible man, working hard to make money for a better life for his family.

But he is not a "responsible" man, leaving behind orphans, widows, and elderly parents.

Such a good person, although a little selfish, a little calculating, and a little cunning, shouldn't have such a short life.

The person who always greets everyone with a smile can no longer smile.

Long Mingyi who put down the phone, his eyes were lost in thought.

(End of this chapter)