It is a big deal to acquire the controlling stake in a company with a market value of over 100 billion US dollars even in the developed commercial United States.

It is said that media channels are one of the three secret weapons that the United States has influenced the world, and the importance and influence of Time Warner Group as the largest media group in the United States are self-evident.

In the impression of Anthony's executive, since the young boss started his business, the style of doing business has always been the growth potential of investing in small companies, and then the funds are invested slowly to develop. Whether it is Starbucks, Hasbro, car companies, Internet companies, etc., most of them have that style.

Han Xuan has never even acquired an industry with a market value of more than US$10 billion. High market value means that the development space will become smaller and it will occupy too much capital. In recent years, the development center has been mainly concentrated in the Internet industry.

At this moment, when I heard that the boss was planning to acquire Times Warner Group, the executive Anthony was immediately excited and many thoughts emerged in his head, thinking it was a good thing.

Then he fell into a headache again. He didn't take action before, but it was such a big industry when he took action. Executive Anthony asked, "Are you sure?

I know that AOL and Time Warner Group were discussing the merger some time ago. In the past two days, AOL companies have suffered heavy losses, only slightly better than Sun.

The declines of these two companies exceeded my imagination. I guess the merger case cannot be discussed, right?"

"Well, I met Mr. Luogan, CEO of Time Warner Group last night, and he promised to help.

But I just received bad news that their board of directors rejected my acquisition conditions, so now I plan to force it.

I have money now, and the company's debt ratio is less than 2% of the total assets. The funds used to acquire it will not affect our plan to repurchase the Internet industry stocks. Having such a company can be of great help to my business in the future..."

When Han Xuan spoke, he found the stock trading data of the American Online Company today from the terminal, and it was still red. So far, the market value of the American Online Company has fallen by 11.3%.

There is no limit on the price of ordinary stocks in the United States, but a circuit breaker mechanism is implemented. According to the rules set by major stock exchanges, stocks with a price not less than one US dollar will fluctuate within five minutes or exceed 30% and will be suspended from trading.

Securities priced below one dollar will also be suspended from trading if the amplitude reaches or exceeds 50% within five minutes.

The mature stock trading markets in European and American countries usually have very small volatility values, with more than two percent of the rise and fall, which are all plummeting and soaring. This refers to traditional industries that have been listed for a period of time. The volatility of the Internet industry has always been relatively large, especially in the past two years when the bubble began to occur.

In addition, stock exchanges in European and American countries have relatively sound supervision of listed companies. Huaxia, on the other side of the Pacific, developed relatively late in the stock trading system, and the system is also incomplete. Stocks often hit the limit and hit the limit. Listed companies are keen on making money, so not setting some restrictions will cause many problems.

Although China has begun to allow the implementation of stock trading policies, the United States has never recognized that it is a healthy securities trading system. When discussing joining the World Trade Organization some time ago, the old man asked Han Xuan for suggestions.

Because China's business system is too special and there are a large number of state-owned enterprises, the two countries have differences on the issue of securities trading. The old man came to ask Han Xuan with the idea of ​​giving it a try. Unexpectedly, Han Xuan really gave many good suggestions.

There are also a small number of "state-owned enterprises" in the United States, but most of them are caused by special historical conditions to solve special problems. The principle established is: only if the private individuals cannot do it or cannot do it well, the state will do it.

The output value of this part of the United States' "state-owned enterprises" accounts for about 5% of the total industrial output value, mainly distributed in postal, military industry, electricity, railway passenger transport, air control, environmental protection, museums and parks industries.

In the agreement to join the WTO, it is mandatory that China will significantly reduce the proportion of state-owned enterprises in the total output value. From a business perspective, state-owned enterprises that have inherent advantages are harmful to the healthy development of the economy. Every country has state-owned enterprises, but it is just a matter of how much proportion they account for.

Executive Anthony asked: "Why don't you agree? Is our company not as good as American Online?

In any aspect, American Online is a big draw from us. Is there no smarter person in Time Warner Group except Mr. Luogan?”

"Maybe the price I offered scared them. I think it's already a lot of it to acquire shares from them based on a market value of 100 billion US dollars."

“…100 billion US dollars?”

Han Xuan's words made Executive Anthony stunned. He couldn't imagine why the boss would pay such a price, and he also hoped that the other party would resell the stock to himself obediently.

I suddenly thought of something and asked: "Did you seize the handle of Time Warner Group?"

"Yes, I threatened them with a handle, but I was ignored, which made me feel quite embarrassing."

With a little melancholy tone, Han Xuan lay on the sofa and watched the data displayed on the terminal screen. Behind each rise or fall, tens of millions or even hundreds of millions of dollars of funds are involved. This feeling is really good. The charm of money is stronger than that of most men.

He continued: "So I plan to make that news public. I want those people at Time Warner Group to know how powerful my threat is. Give them the right path. If you cause trouble for yourself, you can't blame me. Maybe you can save a lot of money."

Han Xuan's enemy is his enemy. As the "big butler" who helped him manage the Snow Mountain Group, Executive Anthony has a deep understanding of this. The interests and glory between them are closely related. I don't know what important cards the boss is holding, but I understand that Time Warner Group is really going to be bad this time.

"It's very troublesome to acquire such an old-fashioned company. Fortunately, Time Warner Group has not many circulating shares, so it's good to communicate with major shareholders.

It needs to be planned carefully. It just so happened that the company was panicked these days. Positive news can help employees regain confidence. I will contact Star Investment. It will be much more convenient to have them help. Which industry do you plan to acquire it?

I think both Xueshan Group and your family charitable trust fund are suitable. The company has enough working capital. I originally planned to go to Russia to acquire the energy industry according to your ideas. If the funds are not enough, you can temporarily take out a loan.

In 1995, the Russian Federation government established a state-owned open-ended joint-stock company, Russian Petroleum. We are negotiating with each other to try to acquire all the shares of this company as a whole. Its market value is only 600 million US dollars. I plan to use this company to obtain part of the mining rights of oil and gas fields”8)
Chapter completed!