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Chapter six hundred and fourteen tender offer

This time Lin Chen launched an attack on the Wu family's Guanghui Group. Li Tiancheng had been paying attention to it since he received the news.

And when Lin Chen raised the placard for the second time, Li Tiancheng took the initiative to mention to Wu Hui that the Li family of Hong Kong Island could provide support if necessary.

But at that time, Wu Jian and his son thought that there was no need to worry too much, so they declined.

But now that Lin Chen was coming so fiercely, Wu Jian and his son finally panicked.

In fact, in addition to finding white-clothed guards, the Wu family can dilute Lin Chen's shares through private placement.

But this method would also dilute the shares held by the Wu family, so the two of them considered it over and over again, and still felt that letting the Li family serve as white-clothed guards was the safest way.

After the two parties contacted by phone, an agreement was quickly reached. The next day, the Li family flew to Donghai to start detailed negotiations with Guanghui Group.

Later that evening, Wu Jian, chairman of Guanghui Group, issued a statement on the official website.

The statement said that although Guanghui Group welcomes every investor, it does not welcome barbarians who take hostile takeovers.

There is no business overlap between the Kornhui Group and the Stardust Group, and the combination of the two cannot bring a bright future to the Kornhui Group.

Therefore, he believes that if Guanghui Group is allowed to be acquired by Stardust Group, the risk will be huge.

The release of this statement revealed to the outside world the position of Guanghui Group regarding this acquisition.

Obviously, Guanghui Group does not seem to want to agree to the acquisition by Stardust Group.

Due to the ownership structure of Guanghui Group, once the Wu family, which controls the group, refuses, Lin Chen's Stardust Group has no chance of succeeding in the acquisition.

Therefore, the day after this statement was released, Guanghui Group's shares fell sharply as soon as the market opened.

The previous price limit of the Guanghui Group was because the outside world was optimistic that the Stardust Group had the strength to acquire the Guanghui Group.

But it is useless to be optimistic about it from the outside. The key to the problem is whether the Guanghui Group internally accepts the Stardust Group's move.

But obviously, the reality is not as people imagined.

The Stardust Group's move this time was an operation carried out after negotiations between the two companies. It was a unilateral and forced acquisition of the Guanghui Group by the Stardust Group.

Although people had not heard of any conflicts between Lin Chen and the Guanghui Group in the past, now people are convinced that the Guanghui Group obviously has no intention of letting the Stardust Group complete the acquisition.

Institutional investors in the secondary market previously thought that this acquisition might be successful, and they invested in Guanghui Group's shares in order to ride on Lin Chen's acquisition and make a fortune.

But now that the conflict between the two companies has publicly intensified, continuing to hold shares may involve huge risks. In order to avoid being involved in the competition between these two behemoths, most institutions with speculative purposes have chosen to withdraw, lest they be affected.

Anyway, with the previous continuous daily limit, they have already made enough money.

The choices made by these institutions are exactly what the Wu family and the Li family want to see.

Guanghui Group continues to rise by the daily limit, which is not the time for the Li family to absorb.

Although they decided to help the Wu family, they couldn't really spend their own money to help the Wu family, right?

Therefore, the agreement reached between the two companies was to first use Wu Jian's speech to cause the stock price to fall, and then the Li family would buy in at bargain prices.

The two families made good plans, but they didn't expect that Lin Chen didn't play his cards according to common sense at all as they thought.

Just after the market closed that day, Stardust Group suddenly issued an announcement, saying that it had absorbed 30% of the shares of Guanghui Group from the secondary market! It reached the 30% tender offer line for listed companies.

Therefore, Stardust Group has officially applied to the China Securities Regulatory Commission and will officially launch a tender offer for Guanghui Group from now on. It will launch an acquisition of Guanghui Group at a price 20% higher than the market price, with the goal of holding more than 35% of Guanghui Group's shares!

As soon as the news came out, everyone was shocked.

Wu Jian was so angry that he flew into a rage in his office.

"What's going on? How did Lin Chen's shares suddenly reach 30%? Why was there no warning before? Did they cheat?"

The securities manager of Guanghui Group wiped his forehead with cold sweat and said: "Chairman, they are cheating! We have investigated and found that the shares they obtained this time were obtained from Ma Xiaoyun and Xie Xiaoxiao. These people had absorbed Guanghui before.

The group holds less than 5% of the shares, so we have no news here. They are obviously acting in concert, and we can sue them!

"What's the use of suing them?" Wu Jian said angrily, "The shares have already been taken by Lin Chen. Is there any use in fining those people hundreds of thousands?"

The securities manager lowered his head and did not dare to speak.

Next to him, Wu Hui asked in a low voice: "Dad, what about the Li family..."

"The other party has made a direct takeover offer. How many shares can the Li family buy?"

"Bang!"

Wu Jian suddenly slapped the table, feeling inexplicably depressed.

It's ridiculous that they originally planned to hire the Li family as white-clothed bodyguards, but now Lin Chen's acquisition offer has made the Li family useless.

"I really didn't expect that Lin Chen would find so many people to acquire shares. We didn't even notice their shares before. It's obvious that they have been planning for a long time. This brat actually started to have an interest in our company so early!"

In recent days, the stock price of Guanghui Group has been either rising or falling, and the price of the shares has become very extreme. In this case, it is impossible for these people to absorb more than 10% of the shares. The only explanation is that they have already started

When planning on the stock market, they might have already acquired shares before Lin Chen even started.

Hearing his father's guess, Wu Jian took a breath: "Dad, is this Lin Chen really targeting us so early?"

"Otherwise, can you explain why these shares in his hands came out of nowhere?"

Wu Jian frowned deeply: "This kid's scheming is really terrible. I saw you losing to him in the past, and I thought it was because of your incompetence, but I didn't expect him to be so difficult to deal with..."

"Dad, what should we do? Lin Chen is really very scheming! If his plan succeeds, we don't know what will happen in the future!" Wu Hui said in a panic.

The fear of losing to Lin Chen for a long time crept into his heart again.

Seeing his son's useless look, Wu Jian felt disgusted in his heart: "Don't panic! No matter how hard he tries, the result will be the same. You see, the tender offer he launched this time is only a partial acquisition, not a full acquisition, which shows that he also

He knows that as long as our Wu family remains in chaos, there is no way he can get control of the Guanghui Group!"

"But, are those relatives really not going to cause chaos?" Wu Hui reminded: "Dad, you must be careful!"


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