YM778.TV Chapter 239 A Person with Courage
He was deeply self-critical.
After contacting Shengda Literature, he just waited for their reply and did not pay attention to the movements on Shengda\'s side.
Now, Penguin had already been negotiating with Shengda Literature for two days.
If the two parties successfully negotiated, then Xu Yang\'s idea of acquiring Shengda Literature would fall through.
He, as the general manager, might be removed from his post.
Originally just a vice-president of Style Media, his career path seemed to have reached its end without any surprises.
Xu Yang transferred him to Yang Xin Investment, appointing him as the general manager of Yang Xin Investment.
This was an enormous opportunity for him.
You should know, Yang Xin Investment managed all of Xu Yang\'s companies, equivalent to a holding group.
Moreover, Xu Yang had discussed with him the ambition to make Yang Xin Investment into a commercial empire.
With Xu Yang\'s precise judgment in investments, it might only take a few years to establish a commercial empire.
By then, he would also become a significant figure in the business world.
If he were removed because of this incident, he would truly regret it to death.
"Now that they haven\'t reached an agreement yet, we still have a chance. However, after this incident, we must pay more attention to the projects we intend to invest in and acquire," Ma Yangrong said.
Xu Yang was somewhat dissatisfied with Ma Yangrong for not noticing Penguin\'s intervention in the investment.
However, he did not intend to penalize him.
After all, the man was not a professional investment talent and was still growing through learning.
Besides, people inevitably make mistakes. Making a mistake is not terrible; what\'s important is recognizing the mistake, learning the lesson, and ensuring not to repeat similar errors in the future.
Luckily, the mistake Ma Yangrong made had not led to severe consequences.
Since Penguin Investment and Shengda Literature were still negotiating, he still had an opportunity.
And with the hints from the vice president of Shengda Literature who called Ma Yangrong, it was highly advantageous for Yang Xin Investment to acquire Shengda Literature.
"Yes, President Xu, I will definitely be more vigilant and will certainly not make such a mistake again," Ma Yangrong let out a sigh of relief.
Xu Yang\'s words meant that he was not going to be removed from his position.
As long as he wasn\'t removed, that was all that mattered.
In the future, he must pay double the attention and could not afford to make any more mistakes.
...
Shengda Literature.
Once Penguin Investment\'s team left, Tao Yongchang went to find Shengda Literature\'s president, Qiu Wenyu.
"President Qiu, I\'d like to discuss something with you," said Tao Yongchang.
"What is it?" Qiu Wenyu asked.
"President Qiu, you probably don\'t want to see the company being acquired by Penguin, do you?" Tao Yongchang asked.
"What can I do if I don\'t want it? Penguin is determined to acquire our company, and people like Huang Chi are all looking to cash out and exit. In the end, it will only be a matter of price," said Qiu Wenyu with a bitter smile.
"President Qiu, if you really do not want Penguin to acquire Shengda Literature, there actually is a way," Tao Yongchang said with a smile.
"Vice President Tao, please clarify," Qiu Wenyu narrowed his eyes.
"In fact, there\'s another company interested in acquiring Shengda Literature. If you don\'t want Penguin to do so, it might be possible for you to meet with that company\'s representatives," Tao Yongchang said.
"Which company?" Qiu Wenyu asked eagerly.
"Yang Xin Investment. I don\'t know if you\'ve heard about this investment company?" Tao Yongchang said.
"Of course, I\'ve heard of it," Qiu Wenyu nodded.
This Yang Xin Investment was no ordinary firm.
Its owner, a young man named Xu Yang, had stunned everyone with a few of his investment moves.
Whether it was the acquisition of Fengcai Guild or the takeover of Yuhuo Rinjia Hotpot to change it to Jiangdilao, it was extremely successful.
By acquiring Fengkai Mining\'s bauxite mine in South America for fifty million, and then reselling it to Fengkai Mining for 1.6 billion, he made a profit of 1.55 billion.
This acquisition astounded the capital markets.
Latter, his investment in Wu Jing\'s "War Panther" also made a large profit.
Over the investment quota of "War Panther 2", he had a huge fight with Hua\'an Film and Television, causing them heavy losses.
Subsequently, as the National Copyright Office initiated a rectification campaign, Xu Yang became involved in the copyright market ahead of time, purchasing a copyright company and spending a huge sum of ten billion to acquire various cultural work copyrights, earning an extremely full pot.
It is said that the value of the copyrights owned by that company is as high as tens of billions.
Xu Yang truly became a billionaire.
Such a person would be known by anyone with a bit of status in the business world.
"Mr. Tao, is Yang Xin Investment really going to acquire our company?" Qiu Wenyu asked for confirmation.
If it were other capital, he did not think it could compete with Penguin.
But it might not be the same with Yang Xin Investment.
It\'s not that Yang Xin Investment is more powerful than Penguin Investment.
The strength of Yang Xin Investment is still far less than that of Penguin Investment. Enjoy exclusive content from m v -NovelFire
After all, Penguin Investment is top-tier capital, backed by the Penguin Group.
Han Jun himself is also incredibly strong.
But the thing is, Xu Yang is a person of great courage.
To compete with capital like Penguin Investment, what\'s needed is courage.
As long as there is courage, it\'s possible to defeat Shengda Literature.
After all, the market value of Shengda Literature is just over six billion.
Both parties can afford the acquisition; money is not the issue at all.
It\'s just a matter of who can offer a higher price.
"It\'s true, actually, on the same day that Penguin Investment contacted us, Yang Xin Investment also reached out to me," Tao Yongchang nodded.
"Then why didn\'t you tell me?" Qiu Wenyu frowned.
"Mr. Qiu, it\'s not that I didn\'t want to tell you, but Huang Chi wouldn\'t let me, and he even threatened me, saying that if I told you, he would make life difficult for me. As you know, I am the vice president, and in addition to your trust, I also have the support of Huang Chi, who is also the biggest shareholder. I had no choice," Tao Yongchang said with a bitter face.
Since doing this meant a break with Huang Chi, he might as well push all the blame onto Huang Chi.
As for Huang Chi\'s reaction, he couldn\'t care less and didn\'t need to.
Because if Penguin acquired Shengda Literature, both he and his son would be out of luck.
Only if Yang Xin Investment acquired Shengda Literature could he and his son secure their position.
As for Qiu Wenyu, even if there was blame, it shouldn\'t be too much of a problem.
"What, it was Huang Chi who didn\'t let you speak? Why would he do that?"
Qiu Wenyu expressed surprise and incomprehension.
Huang Chi and several other shareholders wanted to cash out and leave the scene.
At such a time, another capital\'s interest in acquisition and their mutual competition would be beneficial for Shengda Literature, definitely securing a higher acquisition price.
But Huang Chi did not allow Yang Xin Investment to partake, what on earth was his intention?
"As to why he would do that, I\'m not very clear, but I have a guess," Tao Yongchang said.
"What\'s your guess?" Qiu Wenyu asked.
"I think Huang Chi must have reached some agreement with the Penguin side, the agreement being to assist Penguin in the acquisition of our Shengda Literature."
"After a successful acquisition, Huang Chi would be able to obtain certain benefits from Penguin, benefits much greater than what could be gained from the increased acquisition price by competition between two capitals."
"Only this could explain his refusal to let Yang Xin Investment join the competition; otherwise, it makes no sense."
Tao Yongchang relayed his son\'s analysis.