It is not necessarily profitable to run companies in the media industry, but managers of super giant companies generally have arrogance to a greater or lesser extent.

It is not only the shareholders of Time Warner Group that develop arrogance. Han Xuan has been in a high position for a long time and has also developed a character of unyielding defeat.

Because even powerful people will greet them with a smile when they meet them, they will not be disgraced in most cases. It is normal to develop a arrogant personality over time, and truly regard yourself as the "uncrowned king".

Whether it is businessmen, politicians, or celebrity models, they are within the influence of the media. They can even affect the direction of the global economy and the presidential election. As long as they do not cross the line and cause public anger, almost no one is willing to fight against a huge media company.

Han Xuan also wanted to have such a power, but the shareholders of Time Warner Group were not willing to sell him face, so they would inevitably become opponents. Fortunately, Han Xuan was powerful enough and he also had old and new media channels with great influence, otherwise he would be destined to suffer losses in this dispute.

In fact, yesterday, CNN, a subsidiary of Time Warner Group, announced the news that it sold a large number of shares in the Internet industry, investors suddenly found that even the company boss was busy selling their own company's shares, which would definitely lose confidence in a company under Han Xuan. The stocks fell even more severely, causing Han Xuan to lose billions of dollars in one day.

The selling actions during this period were all in secret, and now they have been exposed to the public by Time Warner Group. There is no way to continue to recover large amounts of funds. It can be said that they have been presented by Time Warner's directors.

This is an era of rapid information exchange. So far, traditional media still occupies most of the market in the media industry. Before the major shareholders of Time Warner Group decided to release the sale, Han Xuan had already received the news from the executive officer Lao Luogan in advance.

So the unfavorable news about Time Warner Group was released in advance last night, and obtained about three percent of Time Warner Group's shares from several securities dealers, and carried out a crazy "self-damage" plan this morning.

He bought stocks at a high price and sold them at a low price. He was already shorting the stock price of Time Warner Group, so in fact, not only did he not lose, but he also made a big profit because Time Warner Group's stock fell to a circuit breaker!

Han Xuan has been making constant moves in recent days and his acquisition plan is also very willful. The news that he tried to annex Time Warner Group made the company's major shareholders feel pressure, so he tried to take action to threaten it.

However, since the situation has developed to this situation of fighting between snipes and clams, he has put the losses secondarily, just wanting to get Time Warner Group.

However, Han Xuan did not lose his mind. The starting point of his decision was that acquiring Time Warner Group was beneficial to him. If he could take it down, a small part of the losses in the short term would be acceptable.

It is said that before the troops move, food and grass will come first. Executive Anthony has helped convince him that Black Rock Group, which owns 4.5% of Time Warner Group shares, has not yet merged with Merrill Lynch Securities. The strength of Black Rock Group is not terrifying at present.

The decision-maker of this fund management company, on the side of Han Xuan during the voting a few days ago, hoped to sell Time Warner Group to him, but did not intend to sell Time Warner Group's shares. He was purely optimistic about Han Xuan's management capabilities and hoped that Time Warner Group's shares could be made more valuable in his hands.

Behind Time Warner Group is a group of interest groups, and the forces standing on Han Xuan's side are even more terrifying. This time, several giants who shorted the Nasdaq Index with Han Xuan. I heard that shorting Time Warner Group is also profitable, and I am happy to make a fortune while helping.

Although some of the profits were taken away, Han Xuan received their support. With the help of these world financial giants, the government was almost settled.

When CNN reported on the news that President Clinton had a grudge against him, the slim Clinton held a grudge. This morning, Clinton personally called Han Xuan and revealed his words that he would help him.

Only Time Warner Group can be blamed for taking the wrong team and being completely at a disadvantage in the confrontation with Han Xuan. Today, the stock price fell to a circuit breaker, which is enough to illustrate many problems.

It was around 10:30 in the morning.

Han Xuan was calling in his office, and the other party was a major shareholder who owned about 1.7% of Time Warner Group shares.

The identity of the "major shareholder" is not correct, because this part of the shares can only be regarded as held by the other party's company, and the shares belong to investors.

This is the third major shareholder who agreed to sell the shares in his hands with a market value of $100 billion. The combined share of the three people accounts for about 4.4% of Time Warner Group's total share capital. Don't think that this is a small number. Holding two percent of the shares among those old giant companies can squeeze into the list of top ten shareholders.

In addition to the shareholders who agreed to sell early a few days ago, he already held about 8.9% of Time Warner Group shares in just a few days, and is still crazy about repurchasing shares sold by shareholders today. The shares he holds have made Han Xuan officially become the largest shareholder of Time Warner Group.

Thirty percent of the shares evaporated within five minutes, and fell by six percent again after the circuit breaker. This is almost a myth!

The news posted by Han Xuan on Weibo yesterday successfully scared many investors. In addition to the news of the acceleration of the Internet, investors suddenly discovered that nearly half of Time Warner Group's profits were almost built on a "dangerous building" that collapsed at any time, and the Internet access business would soon disappear!

The foundation that has supported the rapid stock price of Time Warner Group in recent years is because it occupies most of the US Internet access business. In a report by ab TV yesterday, it was explained in detail that by the second half of next year, most of the United States will gradually open broadband. What’s terrible is that there is no share of Time Warner Group in this part of the market.

Since the bursting of the Internet bubble, the Nasdaq index has gone from rising to falling, and has been falling all the way, which has long raised the hearts of investors. Now I have learned the negative news of Time Warner Group. In addition, Han Xuan arranged a large number of people to sell, which has successfully caused Time Warner Group's stock price to fall to a circuit breaker!

Even Han Xuan himself did not expect that it would have such a big impact.

Before a morning passed, the company's market value fell to $94 billion, and the shareholders of Time Warner Group were shocked.

They are now thinking back to what Han Xuan said a few days ago, and suddenly they find that the stocks they have in their hands are actually not worth much
Chapter completed!