Mistaking My Sister-In-Law for My Wife After Getting Drunk! Chapter 239 A Person with Courage
Ma Yangrong had another talk with Tao Yongchang before ending the call.
Imdiately, Ma Yangrong went to find Xu Yang and explained the situation, then said, "President Xu, it's my work mishap. I failed to notice the Penguin's acquisition of Shengda Literature."
He was deeply self-critical.
After contacting Shengda Literature, he just waited for their reply and did not pay attention to the movents on Shengda's side.
Now, Penguin had already been negotiating with Shengda Literature for two days.
If the two parties successfully negotiated, then Xu Yang's idea of acquiring Shengda Literature would fall through.
He, as the general manager, might be removed from his post.
Originally just a vice-president of Style dia, his career path seed to have reached its end without any surprises.
Xu Yang transferred him to Yang Xin Investnt, appointing him as the general manager of Yang Xin Investnt.
This was an enormous opportunity for him.
You should know, Yang Xin Investnt managed all of Xu Yang's companies, equivalent to a holding group.
Moreover, Xu Yang had discussed with him the ambition to make Yang Xin Investnt into a comrcial empire.
With Xu Yang's precise judgnt in investnts, it might only take a few years to establish a comrcial empire.
By then, he would also beco a significant figure in the business world.
If he were removed because of this incident, he would truly regret it to death.
"Now that they haven't reached an agreent yet, we still have a chance. However, after this incident, we must pay more attention to the projects we intend to invest in and acquire," Ma Yangrong said.
Xu Yang was sowhat dissatisfied with Ma Yangrong for not noticing Penguin's intervention in the investnt.
However, he did not intend to penalize him.
After all, the man was not a professional investnt talent and was still growing through learning.
Besides, people inevitably make mistakes. Making a mistake is not terrible; what's important is recognizing the mistake, learning the lesson, and ensuring not to repeat similar errors in the future.
Luckily, the mistake Ma Yangrong made had not led to severe consequences.
Since Penguin Investnt and Shengda Literature were still negotiating, he still had an opportunity.
And with the hints from the vice president of Shengda Literature who called Ma Yangrong, it was highly advantageous for Yang Xin Investnt to acquire Shengda Literature.
"Yes, President Xu, I will definitely be more vigilant and will certainly not make such a mistake again," Ma Yangrong let out a sigh of relief.
Xu Yang's words ant that he was not going to be removed from his position.
As long as he wasn't removed, that was all that mattered.
In the future, he must pay double the attention and could not afford to make any more mistakes.
...
Shengda Literature.
Once Penguin Investnt's team left, Tao Yongchang went to find Shengda Literature's president, Qiu Wenyu.
"President Qiu, I'd like to discuss sothing with you," said Tao Yongchang.
"What is it?" Qiu Wenyu asked.
"President Qiu, you probably don't want to see the company being acquired by Penguin, do you?" Tao Yongchang asked.
"What can I do if I don't want it? Penguin is determined to acquire our company, and people like Huang Chi are all looking to cash out and exit. In the end, it will only be a matter of price," said Qiu Wenyu with a bitter smile.
"President Qiu, if you really do not want Penguin to acquire Shengda Literature, there actually is a way," Tao Yongchang said with a smile.
"Vice President Tao, please clarify," Qiu Wenyu narrowed his eyes.
"In fact, there's another company interested in acquiring Shengda Literature. If you don't want Penguin to do so, it might be possible for you to et with that company's representatives," Tao Yongchang said.
"Which company?" Qiu Wenyu asked eagerly.
"Yang Xin Investnt. I don't know if you've heard about this investnt company?" Tao Yongchang said.
"Of course, I've heard of it," Qiu Wenyu nodded.
This Yang Xin Investnt was no ordinary firm.
Its owner, a young man nad Xu Yang, had stunned everyone with a few of his investnt moves.
Whether it was the acquisition of Fengcai Guild or the takeover of Yuhuo Rinjia Hotpot to change it to Jiangdilao, it was extrely successful.
By acquiring Fengkai Mining's bauxite mine in South Arica for fifty million, and then reselling it to Fengkai Mining for 1.6 billion, he made a profit of 1.55 billion.
This acquisition astounded the capital markets.
Latter, his investnt in Wu Jing's "War Panther" also made a large profit.
Over the investnt quota of "War Panther 2", he had a huge fight with Hua'an Film and Television, causing them heavy losses.
Subsequently, as the National Copyright Office initiated a rectification campaign, Xu Yang beca involved in the copyright market ahead of ti, purchasing a copyright company and spending a huge sum of ten billion to acquire various cultural work copyrights, earning an extrely full pot.
It is said that the value of the copyrights owned by that company is as high as tens of billions.
Xu Yang truly beca a billionaire.
Such a person would be known by anyone with a bit of status in the business world.
"Mr. Tao, is Yang Xin Investnt really going to acquire our company?" Qiu Wenyu asked for confirmation.
If it were other capital, he did not think it could compete with Penguin.
But it might not be the sa with Yang Xin Investnt.
It's not that Yang Xin Investnt is more powerful than Penguin Investnt.
The strength of Yang Xin Investnt is still far less than that of Penguin Investnt. Enjoy exclusive content from m v -
After all, Penguin Investnt is top-tier capital, backed by the Penguin Group.
Han Jun himself is also incredibly strong.
But the thing is, Xu Yang is a person of great courage.
To compete with capital like Penguin Investnt, what's needed is courage.
As long as there is courage, it's possible to defeat Shengda Literature.
After all, the market value of Shengda Literature is just over six billion.
Both parties can afford the acquisition; money is not the issue at all.
It's just a matter of who can offer a higher price.
"It's true, actually, on the sa day that Penguin Investnt contacted us, Yang Xin Investnt also reached out to ," Tao Yongchang nodded.
"Then why didn't you tell ?" Qiu Wenyu frowned.
"Mr. Qiu, it's not that I didn't want to tell you, but Huang Chi wouldn't let , and he even threatened , saying that if I told you, he would make life difficult for . As you know, I am the vice president, and in addition to your trust, I also have the support of Huang Chi, who is also the biggest shareholder. I had no choice," Tao Yongchang said with a bitter face.
Since doing this ant a break with Huang Chi, he might as well push all the bla onto Huang Chi.
As for Huang Chi's reaction, he couldn't care less and didn't need to.
Because if Penguin acquired Shengda Literature, both he and his son would be out of luck.
Only if Yang Xin Investnt acquired Shengda Literature could he and his son secure their position.
As for Qiu Wenyu, even if there was bla, it shouldn't be too much of a problem.
"What, it was Huang Chi who didn't let you speak? Why would he do that?"
Qiu Wenyu expressed surprise and incomprehension.
Huang Chi and several other shareholders wanted to cash out and leave the scene.
At such a ti, another capital's interest in acquisition and their mutual competition would be beneficial for Shengda Literature, definitely securing a higher acquisition price.
But Huang Chi did not allow Yang Xin Investnt to partake, what on earth was his intention?
"As to why he would do that, I'm not very clear, but I have a guess," Tao Yongchang said.
"What's your guess?" Qiu Wenyu asked.
"I think Huang Chi must have reached so agreent with the Penguin side, the agreent being to assist Penguin in the acquisition of our Shengda Literature."
"After a successful acquisition, Huang Chi would be able to obtain certain benefits from Penguin, benefits much greater than what could be gained from the increased acquisition price by competition between two capitals."
"Only this could explain his refusal to let Yang Xin Investnt join the competition; otherwise, it makes no sense."
Tao Yongchang relayed his son's analysis.
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