Winning the new financial era

Chapter 561 Welcome
At the same time when the tender offer announcement was released, Digital Domain CEO Xie An and Board Chairman Zhou Yongming also received a letter from the offeror Rui to the group.

Both of them were taken aback for a moment, and lost their positions as major shareholders in such an inexplicable way.

Zhou Yongming is older and co-founder of HTC. He is known as the godfather of smartphones in Taiwan.

So he was more calm and comforted: "Don't worry, Ruixiang's purpose is to privatize the company and delist it.

After the court hearing, a special general meeting of shareholders will be held.

Approval is required by 75% of the independent shareholders voting and no more than 10% of the votes cast against the resolution may be cast.

The most important thing is, can Ruixiang accept nearly 40% of the shares?

If Ruixiang, as the offeror, cannot acquire 90% of the shares held by all independent shareholders, then there is no way to force the acquisition, the offer is invalid, and the shares are returned. "

Xie An nodded, "If we object, then his privatization will not be completed at all."

Thinking of this, Xie An took a reassurance that he was not as flustered as before.

"If the privatization is unsuccessful, Ruixiang will also be the major shareholder of Digital Domain."

Zhou Yongming's face was not very good-looking, and he immediately speculated about various serious consequences.

Xie An frowned endlessly. Allotment, rights issue, spin-off, merger, reorganization... the big shareholders can play various tricks to make the small shareholders want to die.

How they played with minority shareholders in the past, Ruixiang can use the same means to concoct them.

"Then what should we do now? Sell the shares to Zhang Yida, admit defeat and leave?"

Xie An was young and energetic, and he was a little unwilling to let it go.

"Talk to Zhang Yida and see what he really wants?"

Zhou Yongming said very calmly, "If he wants special effects business, we will give it to him.

But the VR business, we must keep it. "

Xie An shook his head and smiled wryly, "I'm afraid not. The special effects business is purely a burden. Sharp has content production needs, but it can definitely cooperate with Industrial Light & Magic and Weta Digital. There is no need to raise a special effects team.

I guess he must have taken a fancy to our VR technology and team foundation, and didn't want to start from scratch. "

Zhou Yongming lowered his head and thought about it. The only bargaining chip they have now is to prevent Ruixiang from privatizing Digital Domain.

If you really want to do that, everyone will probably have to spend it in this quagmire.

Rui Xiang's family has a big business, but he doesn't care about such three melons and two dates.

But they can't do it, the Digital Domain has been ruined, and their personal assets will also be greatly reduced.

If it's just a battle of spirits, it's not worthwhile to take revenge and add trouble to others.

"so!"

Zhou Yongming thought of a good way, he said to Xie An: "Go and talk to Zhang Yida, we can help Ruixiang complete the privatization, but the condition is..."

Xie An frowned, "Is this possible? I'm afraid he won't agree?"

Zhou Yongming said lightly, "Just do as I tell you, Zhang Yida is a smart man, he knows what to do to benefit himself.

Judging from the failure of the negotiation and the initiation of a tender offer, his high hopes for the VR industry are no less than you and me.

Keep dragging, and everyone loses.

For a large group like Ruixiang, time is the most precious thing.

Samsung, Microsoft, Sony, HTC, and Facebook have all gone so far, and he is still here with us. I don't believe that he is not in a hurry. "

……

"Mr. Zhang, we have no other requirements, we just want to keep a research and development team."

In Beijing, Xie An specially came to Ruixiang Group and discussed the solution with Zhang Yida.

Zhang Yida didn't speak, but raised his hand, "Drink tea!"

Xie An was almost full of tea, but Zhang Yida never gave him an answer.

"If everyone is taken away by you, then what's the point of my acquisition of Digital Domain? Buy a shell?"

Zhang Yida felt that the Wanwan people were too hypocritical, so it was fine to promise not to do so, and insisted on doing something himself.

"Digital Domain has hundreds of engineers, and I only need a few of them. Isn't that too much to ask?"

Xie An said with a smile, "I'd better say hello to Mr. Zhang, if you don't say anything, I'll poach you away.

Let's not talk about Mr. Zhang, whether you will sue me, it's more or less a bit dishonest. "

Zhang Yida felt that what he said seemed to mean something, that Ruixiang's acquisition of Digital Domain was a little unsportsmanlike.
Tender offer is a market behavior, and Digital Domain is not your company alone.

It is a company owned by all shareholders. If you don't sell it, I can't find someone else?
Seeing that Zhang Yida was silent, Xie An said again: "Mr. Zhang, we can pay a liquidated damages of 5000 million for these technicians.

The condition is to terminate the non-compete agreement. "

"Take 5000 million, let go of the most valuable engineers, and cultivate a future enemy for yourself?"

Zhang Yida smiled, "Do you think I'm short of those 5000 million people?"

Anger flashed across Xie An's eyes, this feeling of oppressing people with money made him very uncomfortable.

Although he is worth hundreds of millions, he can be regarded as a small rich man.

But standing in front of the other person, he had to admit that he was really just a poor guy.

"Mr. Zhang, 5000 million is just an inconspicuous number to you.

But for those of us hard-working entrepreneurs, that is heavy pressure. "

Xie An hid his emotions well, and at this time played the bitterness card again.

Coupled with his slightly whiny accent, the style of painting is very clear.

If Kurosawa Zhiling had said this in front of Zhang Yida, he might have softened his mind and agreed.

Ke Ta Ma was a greasy man in his 30s, which made Zhang Yida very sick.

"Sorry, Mr. Xie, I can't agree to your request."

Zhang Yida's tone was flat, "Every engineer is a valuable asset to the company. As a major shareholder, Ruixiang must also protect the interests of the company and small shareholders."

The minority shareholders of Hammer are going to be privatized soon, tell me about the minority shareholders.

Xie An felt that Zhang Yida was too deceitful, and he didn't even satisfy them with this little request.

This is not only to belittle and neglect them, but also to feel that they are sure to win!

"That's fine. Anyway, there are still 21 days before the end of the offer. I hope Mr. Zhang will think about it carefully."

Since Zhang Yida didn't show face, Xie An also tore off his mask, with a hint of threat in his tone.

Zhang Yida naturally knew what the other party was referring to. Isn't it privatization? He was really not in a hurry.

At present, it has become a controlling shareholder, and the situation has basically stabilized. Naturally, there is a way to deal with these thorns.

Even if it cannot be privatized in the end, there are many ways to do other articles.

"After careful consideration, take the money and leave, and everyone will not trouble each other."

Zhang Yida smiled, "Of course, if you are willing to stay and build the company together, I welcome it."

(End of this chapter)