Chapter 294 Loans
In the field of capital operations, "White Knight" is a commonly used term, which refers to a friendly company or investor who proactively intervenes and provides help to prevent the target The company is taken over by a [hostile takeover], often referred to as the "Dark Knight".
When a company faces the threat of [hostile takeover], a [white knight] usually intervenes in the form of cooperation or merger to provide better conditions and opportunities to the target company to protect its interests. A [white knight] may propose a higher acquisition price, better merger terms, or more favorable business prospects to attract the support of the target company and its shareholders.
[White knights] are usually regarded as the saviors of target companies, because their intervention can provide the company with better development opportunities, avoid being controlled by [hostile acquirers], and safeguard the interests of shareholders and the company's long-term Benefit.
It should be noted that a [white knight] may also be an investor or competitor who already has a cooperative relationship or common interests with the target company.
At this time, Morton Edgar looked at the blond young man with a beautiful smile with a complicated expression. He weighed his tone and said to him:
"Mr. Abraham, we are in business. You know, If you represent the will of the Kingdom of Heaven, I will naturally be happy for the arrival of a knight like you. However, you are obviously only representing yourself. Your [financial card] is in a false name. [Assets] are not enough to help Valais Thermoelectric overcome the difficulties ahead.”
Morton’s meaning is very clear. The most important thing for [White Knight] is the huge [assets] that can resist [hostile takeover]. A [Financial Card] registered under a pseudonym naturally has very limited [Financial Street] resources that it can call upon. Now Giovanni has used 1 billion [Extraordinary Assets] to carry out [Destructive Acquisitions].
What’s even more disgusting is that Giovanni specially formed a public relations team to criticize Valais Thermoelectric.
Moreover, this damn vampire actually launched multiple [Financial Challenges] against Valais Thermoelectric. Many senior cadres in the company were crushed by it and caused bankruptcy. Now, just bankruptcy The backbone of the company is already in double digits.
The other party is trying to force the board of directors to carry out [shareholding dilution], allowing [assets] to flow to the lower levels to avoid the collapse of the company's middle and lower-level buildings. At the same time, it is also to weaken the board of directors' shareholdings to carry out [destructive acquisitions] in a decentralized manner.
"Mr. Morton, being a [White Knight] in this world does require a lot of gold, but this is [Financial Street], and our essence is still that of thaumaturges." Xia Xiu naturally understood Morton's euphemism. expression, he smiled and shook his index finger and replied to Morton, "The competition between thaumaturges is sometimes more bloody and straightforward. That's why [Financial Street] has [Financial Challenge], which consists of digital games." "Intelligence, useful information, this is what traders need most."
Xia Xiu said, picking up what he had cut earlier. The newspaper was placed in front of Morton Edgar.
Moton looked at the newspaper on the table intently.
[Hostile takeover case: Nasco. 】
【Nasco is a well-known food and beverage company in Edici Federation, known for its famous extraordinary cookie and candy products. In 1589, an unknown man named Carlton made a challenging [hostile takeover].
With his firm will and strong desire, Carlton tried to turn Nasco into a private company. He purchased large amounts of Nasco stock and offered other shareholders a higher purchase price. The move raised eyebrows at Nasco's board of directors and sparked a bitter controversy.
Nasco's board of directors and management expressed strong resistance to this [hostile takeover]. They believed Carlton's purchase price undervalued the company and were concerned he might take actions detrimental to the company's interests. Therefore, they adopt a series of defensive measures to resist hostile takeovers.
However, Carlton did not back down, he firmly continued to increase his shares and tried to win the support of other shareholders. He used the media and public opinion to push his agenda, painting Nasco's board of directors as managers with no regard for shareholder interests.
Finally, after months of bitter fighting, Carlton succeeded in turning Nasco into a private company. He won over Nasco shareholders by offering them a higher purchase price and better deal terms. This acquisition caused widespread concern and controversy and became a hot topic in the business community at that time.
This case illustrates the struggles and strategies involved in a hostile takeover. Carlton succeeded in changing control of Nasco and advancing his own agenda by acquiring shares and rallying shareholder support. This case also highlights the challenges of protecting shareholder rights and corporate management responding to hostile takeovers. 】
“This is...”
Moton picked up the newspaper. This newspaper was news from the year before last. This kind of [hostile takeover] behavior is common in [Financial Street] Happened, countless small companies [went bankrupt] every day, every month, every year, and were expelled from [Financial Street], so it was naturally impossible for him to read every company's bankruptcy report.
And now this report specially tailored by the angel of heaven made him smell a familiar smell. The situation the other party was facing now was like Valais Thermoelectric.
"Carlton is just a substitute for Giovanni. He is the one who really privatized Nasco, and you are in the same situation as Nasco now."
"[Shareholder Vote Challenge], Hostile acquirers compete for control at shareholder meetings and use shareholder votes to change the management or decision-making of the target company, and often the initiators of the challenge are ghosts within the company," Xia Xiu tapped his index finger on the table and answered word for word. .
“You are now facing Giovanni’s [hostile takeover]. Even if [poison pill measures] are launched, there are still many problems. You must know that before going outside, you must first settle within, and the worms inside you are still in the company. Internally.
I guess you should plan to [issue new shares] to dilute the other party's acquisition, but this behavior is undoubtedly a poison to quench thirst for Valais Thermoelectricity now, because you know what you will face once the additional issuance. The problems are even more troublesome, such as [financial leverage] and [liability restructuring]. "
Two companies in a game state are fighting. If company A wants to eat company B, it will usually go through some methods. Methods to boil frogs in warm water, such as: malicious investigation and disclosure, media and public opinion manipulation, long-term accumulation of equity, company split and reorganization...
The most troublesome ones are [financial leverage] and [liability restructuring].
[Financial leverage] refers to a financial means to increase investment returns by borrowing funds. It allows an individual or business to borrow money to invest in the hope of earning a higher rate of return through capital gains or interest income. Financial leverage can increase the potential return of an investment, but it also increases investment risk because borrowed funds require interest payments and may require repayment of principal.
[Debt restructuring] is a process of rearranging the structure of debt, aiming to reduce the debt burden and improve the debtor's financial condition. It usually involves negotiations with creditors to renegotiate the interest rate, repayment term, or other terms of the debt, or to reduce repayment pressure by converting debt forms. Liability restructuring can help debtors avoid default, protect their credit history, and provide them with a more sustainable financial structure.
[Financial leverage] and [Liability restructuring] are both common financial tools and strategies in the financial field. [Financial leverage] can help individuals or businesses obtain greater returns on investment, but there are also risks because borrowing requires interest and repayment responsibilities. [Debt restructuring] is a means to deal with debt problems and financial difficulties, by rearranging the debt structure to reduce the debt burden and improve the financial situation.
In layman's terms, A wants to eat B, so he borrows money from C (bank loans are more common). A doesn't care how high the interest rate of C is, because while he is borrowing money to eat B, It is equivalent to allocating the debt to B - A uses high borrowing or debt restructuring to increase its control over B, and at the same time, it also increases B's debt burden.
Unfortunately, B was bitten hard by A, so he couldn't use this lever. Not only could it not be used, but there was a high probability that third parties such as C, D, E, etc. would end up to make up for B. If not, The [White Knight] riding a white horse comes to the rescue, B will die extremely cool, and his body after death will be manipulated by A to look like he likes.
These financial people are very dirty-minded. While they will kill you, they will continue to play with you while the corpse is still warm.
Due to Morton Edgar’s previous investment, Valais Thermoelectric took too big a step and was in trouble (the invested funds have not yet returned). In addition, the unknown No. 5 kid stabbed him in the back and leaked the information. As a result, John Giovanni was now riding on him, raising and lowering his hands. The more he struggled, the more excited he became. "Nasco is actually Giovanni's company, which means he has other funds secretly. You really brought me news that makes me even more troubled..." A wry smile appeared on Morton's face.
"Dear Mr. Morton, there is no need to be so desperate. We are here to help you solve your problem." Looking at Morton, whose face was shrouded in the shadow of despair, The blond young man spread his hands and comforted him.
"What you call help is..."
"Mr. Morton, continue with your plan [issuance of new shares]." Xia Xiu squinted his eyes and said to Morton.
“But, the matter of the mole...”
Before Moton finished speaking, Xia Xiu continued with a smile:
“Three days, Just give us [white knights] three days, and I promise to put Valais Thermoelectric’s intelligence in front of your desk, by which time you can reorganize your leadership and core decision-making; at the same time, Giovanni’s [Financial Challenge ], we’ll take it all for you.”
Mr. Morton was stunned for a moment, looking at the handsome and confident smiling face of the blond young man. For a moment, he was not sure why the other party had such strong confidence.
"If this is the case, we can really resist Giovanni's [hostile takeover], but can you really find the traitor in these three days?" Morton said slowly .
Xia Xiu smiled and said to Moton:
"Don't worry when we do our work."
"Do you need me to do anything?" Moton continued. asked.
"You only need to provide a list of Valège's internal employees. Don't worry, I only need basic information." Xia Xiu replied.
“You can do anything you want.” Morton nodded in agreement.
In the following time, Moton and Xia Xiu just chatted about the current situation for a while.
Thirty minutes later.
Moton personally sent Xia Xiu and his party out of the company through secret channels. After leaving the company, the group rented a hotel in the luxurious area of [Farland Island] where there is a lot of money as a base.
*********
Interior of the hotel.
"Abraham, what method did you say to find the traitor within three days?"
Sitting on the soft sofa in the hotel, Tours couldn't help but curiously started to ask the blond youth.
During the internal conversation in the company just now, although he didn't say a word and acted like a younger brother who only follows the golden retriever's lead, he still had doubts about the two big cakes drawn by the other party.
"If it were in this world or other hubs, it wouldn't be a problem if you directly used mind fraud magic, or if I directly let [Venamonen] read minds. But the problem is that we are in [Financial Street] now, and this is [Crown] ], everyone follows financial rules and regulations." Tours expressed his doubts to Xia Xiu.
Although it sounds a bit ridiculous, [Financial Street] has implemented a high-level protection measure for personal privacy. If psychic magic is used in the phase space of [Financial Street], then it will be considerate. A message related to [Whether to spend XXX [assets] for privacy protection] pops up to the recipient.
The other big pie, [Financial Challenge] is a relatively bloody challenge in [Financial Street]. It is one of the original regulations stipulated by the "Financial Law".
The "Financial Law" stipulates: [Financial card holder (real name)] must participate in at least one battle (transaction) per week. If he fails to fight, he must pay an armistice fee to the Federal Reserve Bank.
Holders can use their own assets, their own future, etc. as collateral to borrow money from the Twelve [Edici Federal Reserve Bank] to carry out the battle (transaction) or contribute their own funds. By fighting, the winner will get a large amount of money, while the loser will lose his future bit by bit while losing money.
When the money lost due to failure exceeds the guarantee, bankruptcy will be declared. The consequences of bankruptcy depend on how much the holder has lost in total. If it is minor, it may be the loss of some important things (except for myself, others will forget these people, things, etc.) objects), or even lose their 'fact of existence' and die.
[Edici Federal Reserve Bank] is the operational branch of the "Federal Reserve System", the central banking system of the Edici Federation. There are 12 banks in total. Each bank is in charge of its own federal reserve jurisdiction. Each bank has shares It is a mixture of public and private entities and is not fully owned by the government.
At the same time, the [Financial Behemoth] formed by these twelve banks defends the [Financial Street] and defends the leadership qualifications and leadership status of the Edici Federation for the [Financial Street] and the [Financial Genealogy] .
"Tulsi, you are really far behind the current development of Edici. You don't know that in order to sign [The Dominator] as their own thugs, they specially made it for [The Dominator]. A [Dominator Special Channel Loan], this loan allows you to embody the [Dominator Incarnation] in [Financial Street]."
Xia Xiu said to Turs that you can no longer keep up. With an expression of the times, he took out three loan forms that had already filled in the information and information.
Turs looked blankly at the loan form submitted by the blond young man. The lender's name was clearly written on it, and the only thing that needed to be confirmed now was the exclusive [Spiritual Certification] column on it.
"Press your fingerprints, the process is quick." The blond young man smiled at the three of them.
“········”
(End of this chapter)