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Chapter five hundred and eighty follow-up event

Zhang Yida did not ignore death and exhausted all his connections and resources to help Chen Rui make a comeback.

But the matter was so big that netizens across the country knew about it, and he couldn't get rid of the other party.

The second-in-command of the Penguins was scolded like this, and everyone was filled with anger.

Bonima has given instructions to the Ministry of Justice that this lawsuit must be fought.

Fortunately, Bilibili has not been listed, and there are no other investment institutions, so the internal pressure is still under control.

Zhang Yida and Chen Rui talked on the phone once, and the former said: "Brother, I hurt you this time!"

Chen Rui seemed very calm. Everything had already happened. After antagonizing Penguin, would he antagonize Zhang Yida again? He was not that stupid.

"It's okay, thanks to Mr. Zhang for hiring a lawyer for me!"

Chen Rui sighed, "At present, I may not be suitable to hold the position of chairman of Bilibili anymore."

Zhang Yida comforted him, "You don't have to worry about this. What if you continue to hold this position?"

It’s not murder and arson, so what’s the point of attacking someone?”

The more Chen Rui thought about it, the more he realized that this matter was not simple. Why did Zhang Yida want to find a barbecue stall? To facilitate exposure?

After this incident happened, Station B had no choice but to side with Ruixiang. Unsurprisingly, Zhang Yida and Ruixiang were the biggest beneficiaries.

He couldn't remember whether Zhang Yida induced him to say those words last night.

Even if the other party really induced you, you can only admit defeat.

Society's stereotypes are so deep that it's hard for me to treat him as a true friend.

Chen Rui was eventually detained for five days and held a press conference to publicly apologize to Liu Zhiping.

At this point, the matter is officially over.

Even if the Penguins were unwilling to give in, they couldn't do anything. After all, in the end, they just uttered a few foul words.

Regarding the copyright issues of League of Legends and Honor of Kings, Penguin did not raise any issues at this juncture.

After all, if you raise an issue, it will be difficult to control the direction of public opinion.

According to Penguin's wishes, station B should wait for another month or two to wait until the matter subsides.

Station B itself has made a lot of profits, adding millions of new users.

Everyone came here because they heard about such a fierce chairman.

Ruixiang also signed a wholly-owned merger and acquisition agreement with Bilibili, acquiring the remaining 39.92% of the shares held by Chen Rui, Xu Yi and Li Ni based on a valuation of US$3 billion.

The three founders did not quote a high price, and Zhang Yida did not respond to the offer and directly agreed to the valuation.

In addition to issuing an additional US$600 million in Ruixiang stock, Ruixiang also provided nearly US$600 million in additional cash.

After Bilibili becomes a wholly-owned subsidiary of Ruixiang, it will be affiliated with the content business group, and together with Rocket Video will become Ruixiang's two long-form video platforms, each with its own focus.



On the other hand, Lilith's acquisition negotiations have also reached a critical moment.

"9 billion in cash, an additional 9 billion in equity issuance, and a total transaction consideration of 18 billion yuan. This is our final offer!"

Zhang Lan said to the three founders of Lilith with a straight face, "You must have heard about Director Chen of station B, right?

The head of a multi-billion-dollar unicorn was forced by Penguin to swear in the street. You can imagine how domineering Penguin really is."

Wang Xinwen nodded, "I also believe that things are not as simple as everyone thinks. It didn't happen to me, and no one has that kind of unforgettable hatred."

The other two co-founders Yuan Shuai and Zhang Hao didn't say anything. They were a little dissatisfied with the price.

The highest Penguin can open is 20 billion.

Although Zhang Yida gave an upper limit of 20 billion, Zhang Lan did not want to make a deal at this price unless it was a last resort.

After all, you have to highlight your abilities. If you don't do things beautifully, how can you gain a foothold in the high position of business group president?

So Zhang Lan added: "If Ruixiang is fast, it should be listed next year. The three people's equity in Ruixiang will definitely increase in value."

Sure enough, Yuan Shuai's eyes lit up and he said with a smile: "Mr. Zhang, please don't be joking!"

Zhang Lan waved her hand, "I won't make such vulgar jokes. You can tell something about Rui Xiang's actions during this period."

"Mergers and acquisitions?"

Zhang Hao, who has never spoken much, is Lenovo Ruixiang's recent series of actions, isn't it like a major merger and acquisition before the listing?

In order to obtain a high market value and increase revenue and net profit, many quasi-listed companies like to engage in this strategy.

Zhang Lan smiled softly, "It can't be said that there are wanton mergers and acquisitions. Ruixiang is planning its layout around the upstream and downstream of the industrial chain, not just for revenue and net profit."

Now, the three founders of Lilith basically believe that Ruixiang is about to go public.

"What's Ruixiang's current valuation?"

Yuan Shuai is more concerned about this issue. After all, there are too many companies that fail after going public.

The stock prices of magnesium group and rice are not much better, and now they have all fallen below the issue price.

“$220 billion!”

Zhang Lan feels that this valuation is not high. If it were facing investors, it would definitely be more than this price.

Yuan Shuai was a little reluctant. With this valuation, it would be difficult to increase the value after listing!

Although there is a gap twice as much as Ahri and Penguin, it is several times higher than the small giants such as Magnesium Tuan and Didi.

"Otherwise, how about an 18 billion yuan, all-cash acquisition?"

Yuan Shuai feels that Ruixiang's stock is a bit hot. He bought it at a valuation of US$220 billion and may suffer losses when it is listed.

It is better to choose cash as it is safer.

Zhang Lan frowned a little. It wasn’t that Ruixiang couldn’t get out the 18 billion yuan in cash. The main reason was that he wanted to tie up Lilith’s founding team for a few more years through stocks.

"Is Lilith confirmed to accept the acquisition on the condition of 18 billion yuan in cash?"

Zhang Lan made final confirmation and glanced at the three founders.

"Let me take some stocks and convert half of my shares in Lilith into cash and half into Ruixiang stocks."

Wang Xinwen's choice surprised Zhang Lan, but also made her feel more at ease.

"Xinwen, are you sure you want to exchange half of Ruixiang's shares?"

Yuan Shuai didn't understand that Ruixiang's valuation was already so high that it would be difficult for it to rise, or the rise would be very limited.

With so much cash, if you invest in anything, the rate of return should easily exceed the stock price increase of Ruixiang.

Wang Xinwen and his two partners have different ideas. These days, P2P is booming, private equity, trust redemptions are difficult, and venture capital has been cut off.

In comparison, buying Ruixiang stocks may be more prudent!

"Yes, I have decided to take half of Ruixiang's stock. I am optimistic about Ruixiang's development and Chairman Zhang Yida's foresight."

What Wang Xinwen said made his two partners hesitate. Do you want to buy some Ruixiang stocks?

In the end, Yuan Shuai and Zhang Hao decided to exchange 20% of the shares for stocks and choose cash for the other 80%.

After reaching an agreement with the three founders, the three of them held a board meeting and invited four institutional shareholders including IDG, Gaorong Capital, Chengdu Capital, and Price Capital to Shanghai to inform them of the acquisition decision.

Investment institutions are eager to do so. Lilith has no plans to go public, but they are extremely anxious.

Now it's okay, you can choose to exit with cash, or you can choose to take Ruixiang stocks.

In the end, the price for Ruixiang's acquisition of Lilith was: RMB 12.6 billion in cash, plus an additional issuance of RMB 5.4 billion in Ruixiang stock, which is approximately US$780 million.

After hearing the news, Lin Haifeng left the city with great regret. He felt that he had tried his best and they would rather sell it to Ruixiang at a low price than sell it to Penguin who paid a higher price.

He felt that this was a crime other than war, and the company should look for the cause within itself.

However, he dared not complain to his immediate boss Liu Zhiping.

This man is angry and has been scolded on the hot search list. It is said that he has returned to a mansion in Hong Kong to recuperate his body and mind.


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