plagiarism

143 Anti-takeover proposals

Plagiarism - 140 Three anti-acquisition proposals

Tan Xiaozhong shook his head and said: "After the market closed today, they issued a 'purchase offer'. They raised the stock price again today, and the stock price closed at 11.785 US dollars. They held a total of more than 4533 million shares, accounting for the entire Dan Bisi More than 37% of the shares. So today I urgently transferred the stocks in our hands to the name of Mr. Peric Cruz. In addition to the stocks bought in the past two days, Peric now holds a total of 4803 million shares, plus It accounts for a little more than 40% of Danbis’s total shares, which is less than 3 points away from them. Fortunately, Peric successfully applied for an emergency suspension before they issued a takeover offer. Starting tomorrow, Danbis will suspend trading for three week, or 15 trading days."

"Hehe, they were too anxious and raised the stock price so high all of a sudden. If I came to buy it, I would never do it! All in all, the result is much better than I imagined." Tan Jiabao nodded confidently and said: "I We also invited Lynch, if necessary, we can ask Lynch to transfer us some shares. But now it seems that there is no need for this.”

While in the car, Peter Lynch asked Tan Jiabao if he wanted to attend tonight's meeting, because this matter faced Peric Cruz directly.Tan Jiabao thought that this was a very important meeting, and Lynch would be directly involved in this war, so he asked him to attend the meeting without hesitation.At this time, he could just explain it to Peric Cruz.

"You have won precious 15 days, which is already very good! We have a chance to turn things around." Tan Jiabao then vowed: "We now have enough time to reverse the acquisition of this company called Bristol Meyers company!"

"What?" Tan Xiaozhong and Perici stood up in shock.Although Peric admired this kid more and more, when it came to anti-acquisition, he still had self-knowledge. He suspected that Tan Jiabao hadn't figured out the whole incident, so he said, "Tan, have you seen Bristol Do you have any information about Meyers Company? Do you know the total assets of this company? What is the current market value? How much cash are they holding?"

"I know!" Tan Jiabao said confidently: "Bristol Meyers' net assets in the first quarter of this year were 23.55 billion U.S. dollars, and its cash assets were 3.65 million U.S. dollars, plus some welfare funds and cashable assets. Assets, plus cash income this quarter, its cash will not exceed 6 million US dollars. I calculated on the car, as of today, the company has a total share capital of 1.55 million shares, and the price per share is 25.355 yuan. Now this The company has a market capitalization of more than $39 billion.”

Tan Xiaozhong nodded and said, "That's right, you should know how much our cash assets are. Even with Peric's capital, we can't acquire 50% of Bristol Meyers' shares."

Peric also smiled bitterly and said, "Tan, I can't spend much money. You know, I have subscribed for 500 million additional shares, and I have invested a lot of money in the past two days. Although Dan Bisi issued additional shares here It has earned nearly 4 million yuan, but it has acquired several companies and replenished working capital, so it is not very abundant."

Tan Jiabao knows that one-third of the 36 stocks currently invested have already come out.However, investing in Hong Kong and investing in Silicon Valley took some of it.And the plan to acquire Disney has already been implemented, and it is difficult for Tan Jiabao to spend so much money to acquire a company.What they didn't know was that Tan Jiabao never planned to use these funds to implement this anti-acquisition plan.

Tan Jiabao smiled and said: "For the hostile takeover of Danbis by Bristol Meyers that I proposed, we adopt a reverse takeover, which is the only effective way we currently have. Ristall Meyers is a good company, and our acquisition will be of great benefit to us going forward. Don't you think so?"

Peric felt that the child's words were getting more and more profound, and he seemed unable to figure it out, so he shook his head and said painfully: "Dear Tan, please stop talking. Everyone knows that Bristol Meyers Company is A nice company, but for us, it's a mountain. How can we handle it? Now we just have to figure out how to get through this. Oh god, how can we possibly reverse a takeover What about such a colossus? My dear Tan, is it possible?"

Tan Jiabao suddenly said seriously: "Peric, now you have to think about it for a few minutes, do you really want to buy Bristol Meyers at all costs?"

Peric froze.

After 3 minutes, he said: "If conditions permit, I would like to buy this company!"

"That's right! It is very beneficial for us to acquire this company." Tan Jiabao stood up, walked around them and said, "I want to temporarily reverse the acquisition of this company in the name of Dan Bisi, and then Dan Bisi Integrate the company's cosmetics and personal care products business into Danbis. The remaining pharmaceutical, medical equipment and health care products business will be taken over by our Tang Dynasty company."

Perici looked at Tan Jiabao strangely, even Tan Xiaozhong didn't know what Tan Jiabao was talking about.It seems that this large world-class pharmaceutical company with a long history is already in Tan Jiabao's pocket.

"I don't know if everyone has thought about why they bought Dan Bisi at all costs?" Tan Jiabao said as he walked, "The business of Bristol Meyers' cosmetics and personal care products has developed very well. Judging from last year's annual report, several of their brands have entered the European and Asian markets. These two business revenues accounted for 17% of the entire company's revenue, but contributed more than 31% of the entire company's profits. Therefore, at present They are salivating over our cosmetics and personal care products, and I think this is one of the main reasons for their acquisition of Tambis. The second reason they want to acquire Tambis is that many of their patented drugs will be sold in the future. Three years will gradually expire. According to the patent law of the United States, the period of patented drugs is 17 years, and will no longer be protected by patents after expiration. And some important new drugs will not be launched until four years at the earliest. In In the next two to three years, this company will have no or very few competitive products, so the acquisition of Danbis can be used to make up for their losses in this regard.”

Tan Jiabao sat back in his seat, and he continued: "What are the benefits of our acquisition of Bristol Meyers? Let's start with Dan Bisi. Dan Bisi's current main business is personal care and cosmetics. business, and this company has just provided Danbis with great benefits in expanding product lines and expanding the market. The main brands of Danbis shampoo products are Rejoice and Sassoon, and Rejoice is mainly aimed at hair smoothness. Slippery, Sassoon is aimed at professional hairdressers. I suggest to cultivate two more brands that are mainly aimed at anti-dandruff, anti-itching and nourishing hair to prevent split ends. Their company's Clairol can target beauty lovers for various fragrances. Chasing. Also, the company’s hair coloring products are now No. [-] in the world. Cosmetics can be a supplement to Estee Lauder, perfecting the low- and mid-level market demand for cosmetics. Therefore, the acquisition of this company can make Danbis quickly become a big The company quickly narrowed the gap with Procter & Gamble and Kimberly-Clark.”

Peric nodded and said, "That's right. With these two assets, it will undoubtedly give Danbis a pair of powerful wings. At least I don't have to be afraid of Procter & Gamble and Kimberly-Clark."

For these reasons, Peric understood as soon as he heard it. What he never understood was why he bought a large company like Bristol Meyers.

However, what Tan Jiabao said was so firm, Peric couldn't help but also began to look forward to Dan Bisi's bright future.

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