plagiarism

79 Announcement of reorganization

79 Announcement of reorganization

That night, news came from the TV and radio: "Sears, together with Btta and Gul'dan Pharmaceuticals, decided to hold a press conference at the Colleagues Theater on Broadway at [-]:[-] tomorrow morning, announcing the details of the major asset restructuring and asset replacement." matter……"

Jerry Cai, who was drinking coffee at home, immediately squirted out a mouthful of coffee when he heard the news.

"Smith son of a bitch!" He slammed his coffee mug against the TV in a sudden hysteria, causing the poor TV to shatter and smoke.

He grabbed the phone, desperately suppressed his anger and dialed Smith: "Dear Smith, are you flirting with your Kathy? Oh, thank God you didn't do it. How are you feeling now? Oh, great? What a bargain! I think you will bring your dear Miss Casey back to your hometown of Scotland tomorrow, and you will definitely be in a happier mood, right? What? You want me to be polite? You said you made a lot of money investing in btta this time? I am a reward You went on vacation? Oh, unfortunately, you were wrong. Because you were fired, why? Don't you know? You should know that you are a very nice, lovely, one-in-a-million-- stupid pig!"

He gritted his teeth and hung up the phone, thought for a moment, and then made another call: "Ruth, I want to know the specific situation of our btta, yes, mainly what happened yesterday when I was away."

Ruth said softly over there: "I'm sorry, boss. I saw the news. Yesterday... Yesterday Mr. Smith saw the stock price reach a high level above 18 yuan again. He said that the stock price has reached its peak and he decided to sell some of it. I Can't stop him because he's the general manager. So he sold more than 100 million shares, yes, more than 100 million shares that we worked so hard to collect... Now we have more than 26 shares left, Smith said Monday. sell..."

"Oh, dear Ruth, stop talking, and don't listen to him anymore, because he has been fired..." He gritted his teeth and put down the phone, lying on the sofa and thinking quietly.

The next morning, Tan Xiaozhong took Tan Jiabao to find a way to sneak into the fan theater.The theater has already been packed with hundreds of journalists, and of course there are financial senior figures such as Jerry Tsai, Soros and Rogers.

Mr. Simmons quickly announced the dazzling reorganization: Sears acquired the 3500 million shares of btta held by the btta family at a price of 1400 million US dollars, which is 70% of btta's shares; 40% of the shares of Gul'dan, and now it has fully acquired 2.8% of the shares of Gul'dan Pharmaceuticals, headquartered in Chicago, at a price of 60 million US dollars; all assets and liabilities of btta have been injected into Sears; Sears It will enter the supermarket industry based on btta company; all the assets and liabilities of Gul'dan pharmaceutical company will be injected into btta company in the original capital market, and btta company will officially change its name to "Sears Pharmaceutical Co., Ltd."Sears will inject $17500 million of cash assets into Sears Pharmaceuticals Inc. to supplement its liquidity.The main financial data of the newly established "Sears Pharmaceutical Co., Ltd." are as follows...

Then, Sears staff read out the main financial data of the three companies and other matters, and then began to accept questions from reporters.

After hearing this, Tan Jiabao and Tan Xiaozhong looked at each other and smiled, their excitement was indescribable.Tan Jiabao was amazed at Mayer Rothschild's ingenious reorganization and asset replacement method, and it was really worth it to make this friend!On the other side, Soros was also whispering to Rogers, and it could be seen that the two were also in a very comfortable mood.Only Jerry Cai was pale, sweating profusely, gnashing his teeth, unable to vent the anger in his heart.

"Mr. Sears, as we all know, Sears is a respected retail company. It is understandable to operate a supermarket, which is an extension of the retail business. However, it is puzzling to suddenly enter the pharmaceutical industry. What is the basis for your philosophy? What about suddenly sprouting into the pharmaceutical industry?"

"Oh, correct your wording. We didn't enter the pharmaceutical industry 'suddenly' or on a whim. In fact, our family has entered the pharmaceutical industry in the generation of our founder Richard Sears. The desire of the industry, he believes that the pharmaceutical industry is a great industry, it can not only bring us unimaginable profits, more importantly, it can cure diseases and save people! Relieve the pain and suffering of patients. It’s just that we haven’t had good results in these years It’s just an opportunity. Now, Sears is in better shape than at any time in history, we have a lot of talent, we have a lot of money, so we think now is the best time for us to enter the pharmaceutical field!”

"I am a reporter from The Wall Street Journal. I would like to ask Mr. Sears. After listening to the main financial data of the newly established "Sears Pharmaceutical Co., Ltd." you just described, we found that the financial status of the original Gul'dan Company is very Excellent, and the development prospect is very good. For example, the net assets of the new company reached 9.69 million US dollars, last year's net profit reached more than 8900 million US dollars, and this year's net profit is expected to increase by more than 100%. In addition, this company has 23 new drugs Patents, 11 of which are anti-cancer and anti-tumor drugs, and most of them are about to pass the identification of the drug inspection department. How can Sears acquire such an excellent company at a price of less than 4.6 million? Second , Sears owns such an excellent company, but uses this company in exchange for 70% of the shares of btta, and the other 30% of the shares are shared with the original shareholders. Is this behavior too noble and unbelievable? ? This reminds me of the possibility that Sears will take advantage of the current big bull market to release shocking good news, so that the stock price will reach an unbelievable height, and then Sears will use this to reduce its position and cash out?"

"This reporter's question is quite sharp, but it is also a question that everyone wants to know urgently. I will answer them one by one below, and I hope the reporters are satisfied. First, we are not buying 4.6% of Gul'dan at a price of 100 million US dollars. shares, but 60% of the shares, because we were another shareholder of this company decades ago, and you should be able to check it from our company’s previous statements. Of course, 3.6 million US dollars is not enough to reach 60% of Gul'dan's net assets. However, this net asset is financial net assets, which are somewhat different from actual assets. Given our years of cooperation, it is normal to buy at a slightly lower price. Second, everyone should It can be seen from the data that the company has reached a stage of rapid development, and the lack of liquidity has seriously restricted the company's development. Of course, this problem can be alleviated by bank loans or bond issuance, but in the final analysis, the company's listing is the best way out. The listing can be directly listed or listed in our current way. After weighing and considering various aspects, our current way of listing is the fastest and most effective way. Let me reveal that starting from June next year, our new drug It will be listed one after another, and we will have a large-scale financing activity at that time. Of course, the interests of existing shareholders must be considered when financing is needed. I think the shareholders who hold 30% of btta are lucky shareholders. It should be pointed out that , before this incident, our operations were very secretive, and we absolutely did not disclose any news about this. As for your concern that Sears will take advantage of the benefits to lighten up its positions and cash out, here I promise you with the century-old reputation of Sears, Sears will not reduce its shareholding in this company for at least 10 years in the future, on the contrary, we may repurchase shares at an appropriate time, thank you everyone!"

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