plagiarism

Plagiarism - 170 The end of the three major takeover battles

After 24 hours in a coma, Peric finally woke up.His loved ones and loyal company staff cheered, and they called in the doctor.

After a careful examination, the doctor officially announced that Peric was completely out of danger.Now his main job is to rest, rest well!

However, Peric is a restless person. After chatting with his family for a few words, he asked the board secretary James: "James...Mr. Tan Xiaozhong...have you come yet?"

Peric felt his own wounds, feeling extremely sad in his heart.The old friend Pixar deserves to be an excellent sniper who participated in the Korean War. Although he is not young, his marksmanship is still so accurate.

Pixar seemed to hit him "in the chest" that day.Only he knew that the bullet would be a few centimeters away from his heart.

He made such a risky decision because he wanted to make a career out of it too much.He knew that only in this way would the huge company of Bristol Meyers belong to him as soon as possible.

He admired the wisdom of the Chinese more and more. He heard from Tan Jiabao that the Chinese had been using this kind of bitter trick as early as thousands of years ago.

"Mr. Tan Xiaozhong has come a long time ago, but he is surrounded by reporters and may not be able to get away temporarily." Secretary James replied.

"Oh, give me something to drink, I want... to regain some strength. I... still have important things to do." In fact, Peric, who had just woken up, was still very weak, but when he woke up, he thought of himself According to the plan, he is going to make a big announcement tonight.

After his wife gave him a few sips of milk, he felt better.So he said to James again: "Go and invite Tan Xiaozhong..."

After Tan Xiaozhong came in to conspire with him for a while, Peric called James and said: "Go and invite the reporters outside the door, especially the reporters from the Wall Street Journal. James, are you ready? We It's time to make a big announcement to the media."

James hesitated for a while, and he said, "Chairman, I have all the materials ready. It's just your body... and the doctors don't allow us to do this."

"Go and find a way. Hehe, do you still need me to teach you how to do it?" Although Peric is weak.But like a good fighter, he cheered up on the eve of the big battle.

*********

"Peric, chairman of Danbis, who had been in a coma for 24 hours after being shot, woke up last night."

"Bristol Meyers strong woman Danahee dies in car crash."

"Dambiss begins anti-acquisition of Bristol Meyers today"

There is a lot of news from the major media on Thursday.The most eye-catching ones are undoubtedly the few news items from Bristol Meyers & Dambis & Co.This is also difficult for the editors of the major newspapers, because the three news items from these two companies, each of which can almost make the headlines of the major newspapers. matter.And the news derived from these three news is endless.

However, what interests Wall Street people the most is the short essay on "The Principle and Interpretation of 'Leveraged Buyout'" provided by Danbis.For this world, leveraged buyouts are still a novelty. When people on Wall Street read this short article, they immediately attracted the attention of all parties.

Some investment companies regard this "invention" as a brand-new means to quickly accumulate wealth; some small companies regard leveraged buyouts as a shortcut to quickly expand themselves; But he smelled gunpowder and felt a deep sense of crisis.

Now almost all Wall Street people are paying attention to this thrilling acquisition battle.The "Announcement on the Comprehensive Tender Offer (Reverse Acquisition) of Bristol Meyers Co., Ltd. by Danbis" issued by Danbis has been placed on the desks of the chairman and president of major companies.

The announcement is as follows: As of yesterday, Danbis Co., Ltd. has held a total of 21365687 shares of Bristol Meyers Co., Ltd. through the secondary market, accounting for 13.78 shares of Bristol Meyers Co., Ltd. More than 16.185% of the total shares of the joint stock company.The company publicly announced today that it will issue a cash public tender offer for all outstanding shares of Bristol Meyers Co., Ltd. at a price of 19.50 yuan per share at a percentage higher than the closing price of 5 yuan, and will submit to the The relevant departments submit the relevant documents required by the US securities regulations.The tender offer is valid for [-] days, and Danbis will reserve the right to adjust the stock price after [-] days.

In this announcement, Danbis repeatedly mentioned that the leveraged buyout was forced by the tender offer of Bristol Meyers Co., Ltd., and it was an anti-takeover act of self-defense.For this counterattack, they admitted that they had received strong support from Tang Dynasty Technology Company and Mr. Tang Xiao.And, after this announcement, they wrote an article on "Principles and Interpretations of Leveraged Buyouts".

Although there was a lot of hype outside, within Magellan Investment Company, Peter Lynch, the "commander" of the acquisition of Bristol Meyers, was surprisingly calm.He has already acquired 66% of the company's shares.Today, I just need to transfer the eggs in these small baskets to a warehouse called "Danbis" safely.As for this simple job, Peter Lynch still cared about it, and he didn't want to make a mistake at the last minute.

However, no accident happened today. After a day of "acquisition", Dan Bisi finally completed the acquisition of Bristol Meyers Company one second before the close. Dan Bisi acquired Bristol · More than 7821 million shares of Meyers Company, with more than 50% of the total share capital, became the largest shareholder of Bristol Meyers Company, thus becoming the controlling shareholder of this company.

According to the usual practice, Danbis notified the board of directors of Bristol Meyers immediately and requested a general meeting of shareholders.However, Bristol postponed the shareholder meeting to three days later, citing poor health and mood.Moreover, he took the initiative to sign the document and gave up the acquisition of Dan Bisi.

Three days later, on Monday, Peric was escorted to the small conference room of Bristol Meyers.After several hard negotiations, Dan Bisi finally acquired more than )% of the shares held by Bristol and Meyers at a price of US$3 billion.In this way, the acquisition and anti-acquisition battle was finally settled.

In this thrilling takeover battle, Dan Bisi finally won the final victory by relying on a brand-new leveraged buyout method.This is a classic acquisition and anti-acquisition battle, so much so that this classic case has been included in the financial textbooks of various universities.

Next, Tang Dynasty Group and Dan Bisi divided up the company according to the agreement.According to the agreement, the personal care products and cosmetics in the Bristol Meyers company were transferred to Dan Bisi.There is also a wig company, Tan Jiabao decided to give it to Dan Bisi in order to thank Peric for his sacrifice.Tambis also assumed 25% of the loan, or a $6.5 million loan.

Hong Kong Tang Dynasty Group Co., Ltd. has classified Bristol Meyers' pharmaceuticals, medical devices and nutritional health products under its own door.To Tan Jiabao's surprise, the main product of this company that produces nutritional and health products turned out to be "Mead Johnson" milk!Previously, Tan Jiabao's attention was completely focused on medical equipment, and he didn't notice that this company had such a treasure at all.He knew that in the last life, Mead Johnson's dairy products were the second largest dairy manufacturer in the world after Wyeth Dairy Products.

In this way, Tan Jiabao obtained a controlling stake in the third largest pharmaceutical company in the United States without spending a penny.However, he also has to take on a $19.5 billion loan.