Cao Weidong asked Huang Xizhao to hire several legal, financial and negotiation experts to handle matters related to the acquisition of Jiashi.
As for bodyguards?
Of course this is just a joke.
With Cao Weidong's current physical condition, when it comes time to take action, who might protect whom?
The next day.
Huos took Cao Weidong and others into the Jiashi TV Building.
Since Hoss had notified him in advance, all shareholders including Lin Bingyan were already present.
It is worth mentioning that He Zuozhi is also there.
In fact, he sold all his shares a year ago.
But as the founder of Jiashi.
At this important moment that determines Jiashi's future destiny, he also came to the scene, hoping to be a witness.
Fall into the abyss or ascend to heaven.
After everyone arrived, Huo Sidan spoke first.
"Everyone, this is Mr. Cao Weidong Cao. I think you should know him. I won't introduce him here."
Everyone present nodded.
Especially He Zuozhi.
The eyes are extremely complex.
As an old rival, how could he not know Cao Weidong?
Once upon a time, Cao Weidong wanted to jointly establish Jiayi TV Station with him.
But he rejected it flatly.
Thinking about this now, I really feel a sense of the changes in things and people.
Hoss nodded slightly and continued.
"After a comprehensive decision by our Bankruptcy Management Bureau and after being submitted to the Governor's Office for approval, it was finally decided that Mr. Cao would take over Jiayi TV. Do you have any opinions?"
These shareholders did not raise any objections.
Actually.
Since Jiayi TV filed for liquidation and bankruptcy, it was taken over by the Bankruptcy Bureau.
In addition to waiting for the results of the liquidation, they shareholders.
There are no other rights.
The only thing they can do.
It’s just to get a good price for Jiayi TV Station and not let myself lose too much.
In fact, Huos just informed them as a routine.
After a brief greeting.
Both parties went directly to the topic.
Cao Weidong's team launched a heated debate with the original shareholders of Jiayi TV.
"Why is it only 50 million Hong Kong dollars? This is too little. This is simply a cheap sale."
Jiayi TV’s Antiques made comments.
Cao Weidong has already negotiated with Huo Si in advance, and the base price is HK$60 million.
It's just that negotiations have just begun.
Naturally, I won’t show all my cards.
Cao Weidong's team refused to give in at all and said.
"Sir, you also know the situation of Jiayi TV. You are now bankrupt. If our boss hadn't taken action, you would still have to bear a large amount of debt."
"So there is some depreciation in value, which is normal."
Lin Bingyan couldn't help but stood up and said angrily.
"But you have depreciated too much, right? Our investment in Jiayi TV alone is hundreds of millions of Hong Kong dollars. The valuation of this Jiayi TV building alone is tens of millions of Hong Kong dollars, right?"<
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"Furthermore, the TV station has been operating for such a long time and has produced so many excellent TV series and variety shows. The value of these copyrights is not small."
"Besides..."
Lin Bingyan and Lin Linzong said a lot.
You only have a mere 50 million Hong Kong dollars. Do you think this is just for begging?
How much is a Jiashi Building alone worth?
Not to mention Taiwan's equipment, the copyrights of TV series and variety shows, and the cooperative relationship with RTHK, etc.
These cannot be measured in money.
Cao Weidong waited for Lin Bingyan to finish speaking, and then slowly asked a question.
"Mr. Lin, if Jiayi is so valuable, why don't you continue to operate it?"
"This..."
Lin Bingyan was speechless for a while.
He thought to himself, who said I didn’t want to run the business?
Among the many shareholders here, he has invested the most money.
It's just that Jiayi TV Station is like a shabby ship on the verge of sinking, and he has no way to save it.
Mainly because when the Governor-General issued radio station licenses, the conditions attached were too harsh.
Otherwise, they would have turned a profit long ago.
Lin Bingyan's face twitched a few times, he bypassed the topic and began to talk about him.
Cao Weidong's team followed closely.
The two sides continued to engage in fierce verbal exchanges.
It wasn't until both parties' tempers were almost exhausted that Cao Weidong stood up and pretended to be at a disadvantage.
"Well, I'm willing to take a step back and offer 60 million Hong Kong dollars, but this is already our lowest price. If you still don't agree, Mr. Hoss can only coordinate it."
Hoss also joined in the conversation at this time.
"Mr. Lin, please note that now only Mr. Cao is willing to acquire Jiayi TV."
"To you, Jiayi TV is already a mess, and depreciation is inevitable. It will be beneficial to both parties to sell it as soon as possible and reach a deal."
"Moreover, Mr. Cao agreed to offer HKD 60 million, which is already very rare. Apart from Mr. Cao, I'm afraid I can't find anyone else."
Lin Bingyan was a little helpless, but in the end he sighed and made a final struggle.
"As for debt..."
Hoss said lightly at this time.
"Of course it will be done in accordance with the rules of bankruptcy and reorganization. The fees raised will be given priority to repay the debts, and then distributed by you on a share basis."
Lin Bingyan and other shareholders were quite dissatisfied, but there was nothing they could do.
Because this means that the investment by myself and others in Jiayi TV Station is a complete loss of blood.
Just when the original shareholders of Jiayi TV were frowning, He Zuozhi asked.
"Mr. Cao, I would like to ask, after you take over Jiashi, how will you arrange the employees of the company, and can you treat them well?"
It can be seen that he sincerely considers the company's employees.
Cao Weidong smiled.
No wonder someone in the previous life commented that He Zuozhi had a very benevolent spirit. It seems that this statement is true.
He solemnly promised.
"Mr. He, don't worry. I have promised the Governor's Mansion that I will continue to operate Jiayi TV and guarantee the jobs of all Jiayi employees. I guarantee that within the next year, unless the employees voluntarily leave their jobs, I will not
Employees will be fired at will."
He Zuozhi sighed and said.
"Mr. Dayi, I have no other questions."
So far, the two sides have no price differences.
Afterwards, everyone discussed some trivial disputes and finally drafted a contract.
Cao Weidong acquired all the shares of Jiayi TV Station for HK$60 million and became the sole shareholder.
After reading the contract, both parties signed their names on the contract.
From this moment on, the surname of Jiayi TV Station was completely Cao.
This is a happy situation.
For the Governor's Office, it solves people's livelihood and employment problems and greatly enhances the government's image.
For the Bankruptcy Bureau, successfully bringing Jiayi TV back to life is a great political achievement.
For Cao Weidong, he acquired Jiayi TV Station and opened up the final components to build an entertainment empire.
Maybe the only one who was a little injured.
They are the shareholders of the original Jiayi TV Station.
Of course, if they knew that the Governor's Office had lifted the restrictions on Jiayi TV, they would probably be even more depressed.