"Today is Tuesday, then this Friday. It's almost enough to give Carly a day of preparation time. Who makes her capable?" Chu Linlin said in a business-related tone.

Fu Song smiled and said, "Why should women make things difficult for women? It's time to have a meeting next Monday."

Chu Linlin smiled and said, "Mr. Fu, you just said you should do it as soon as possible. According to your request, I will notify Carly tomorrow. The meeting the day after tomorrow is called as soon as possible. Friday has been delayed for a day."

Fu Song pointed her with his finger and said helplessly: "I would rather offend villains than offend women. The ancients were really not bullying me."

Chu Linlin's mouth slapped: "How did the ancients say this? Mr. Fu, you made it up again."

"Haha..." Fu Song laughed loudly, Chu Linlin, a little girl, became more and more funny.

At this time, the mobile phone rang. After Chu Linlin answered, she immediately handed the phone to Fu Song: "Mr. Fu, Mr. Lu Renhe."

Fu Song was a little puzzled. It should be midnight in Xiangjiang now. Why did Lu Renhe call at this time?

"Hey, Lao Lu, what happened?"

"Mr. Fu, good thing, we took down the hotel!"

"What?" Fu Song stopped immediately and asked excitedly: "Has the hotel been taken down?"

"Just five minutes ago, the Jiadaoli family agreed to grant all the remaining 37.2% of the shares in their hands to United Hotel Group. United Hotel Group currently has 88.5% of the equity of the hotel!"

"Okay, do a pretty job!" Fu Song has been coveting the big hotel for a long time. When he recruited Bowers at the beginning of this year, he discussed with Bowers the strategy of acquiring the big hotel. Unexpectedly, before a year had passed, the brag had actually come true and he really took down the big hotel.

"Luo Xurui charged forward and attracted the attention and firepower of the Jiadaoli family for us. We took advantage of the fisherman's benefit from the fisherman's back and quietly entered the village. He didn't want to shoot, haha!" Lu Renhe smiled proudly on the other end of the phone.

Of course he had reason to be proud, because this acquisition of the hotel can be said to be a textbook-style case of "the mantis stalks the cicada and the oriole behind" in the capital market.

After the stock market crash last year, the stock price of the hotel plummeted by nearly half. Yuantu Investment and Liu Luanxiong took the opportunity to buy the bottom of the hotel stock market in a total of less than 10%. Before they could do anything, some people couldn't help but take action first.

In late October this year, Luo Xurui, the "stock market sniper" as famous as Liu Luanxiong, launched a full acquisition war with the hotel group through his subsidiary Cathay City.

Luo Xurui seized the opportunity to challenge the hotel very accurately. Although the Jiadaoli family repelled Liu Luanxiong's invasion two years ago, in order to avoid proposing a full acquisition from other small shareholders, they did not directly buy back 30% of the equity of the hotel he held from Liu. Instead, through international allocation, a considerable portion of the shares were sold to institutional investors.

In other words, the control of the Jiadaoli family in the hotel is still below 35%. This fragile control, coupled with the good revenue and cash flow of the hotel, naturally aroused the covetousness of others.

In fact, Luo Xurui's strength is not comparable to that of Liu Luanxiong. His Cathay City's net assets are less than 150 million Hong Kong dollars, while the net assets of the hotel are at least 9 billion Hong Kong dollars. It is easy to imagine how difficult it is for Luo Xurui to swallow an elephant by snakes.

However, Luo Xurui is not an incompetent person. When he arranged this acquisition, he had already formulated a detailed plan to organically combine the acquisition with taking advantage of the situation to reorganize the group structure, avoid direct risks and consolidate control. Through a series of operations, a firewall was established for the acquisition of the hotel, and the acquisition risk was isolated from its flagship company Century City.

In this way, he can boldly allocate new shares through Cathay City to raise acquisition funds, but even so, he is still half the distance from the more than 4 billion Hong Kong dollars required to acquire the hotel in a full range.

Therefore, if Luo Xurui acquires the hotel, he will inevitably split the hotel and sell some of the assets to reduce the debt burden.

For the Jiadaoli family, the hotel can be said to be its foundation in Hong Kong, and it was difficult to repel Liu Luanxiong's invasion. How could Luo Xurui get involved, let alone let it split.

Soon, the Jiadaoli family fought back and purchased 23.33 million shares of the hotel from an independent third party, increasing its holdings from 34.9% to 37.2%. Since the shareholding volume exceeded the 35% acquisition trigger point stipulated in the Acquisition and Merger Code, the Jiadaoli family proposed a full acquisition to other shareholders as required by the Acquisition and Merger Code.

The purpose of the Kadoli family's counterattack was not to own the hotel wholly, but to reduce the chances of successful acquisition of Cathay City.

Since Jiadaoli already owns 37.2% of the hotel shares, if Cathay City wants to acquire more than half of the hotel's equity, it must have the remaining 79% of other small shareholders accept it, plus Cathay City's shares held by more than 1% to exceed 50%.

In fact, if the Jiadaoli family does not give up its equity in the hotel, Cathay City will have little chance of successfully acquiring the hotel.

This principle is also applicable to the Yuantu system, but don’t forget that the Yuantu system also has the killer weapon of United Hotel Group in its hands.

Luo Xurui spent two months. Although there was no hope of acquiring the hotel, he successfully muddled the waters and joined forces with the hotel group to take advantage of the opportunity to take advantage of the troubled waters.

The next process basically follows the acquisition proposal proposed by Powers, and after acquiring the hotel, United Hotel Group's warrants were used as bait to acquire the hotel's shares from small shareholders.

United Hotel Group was merged by the merger of Mandarin Oriental Hotel Group, a subsidiary of Jardine Group, and Shangri-La Hotel Group, a subsidiary of Guo Henian. Its strength is no different from that of the hotel group. If the two merge, it will definitely be a strong alliance, producing the effect of one plus one greater than two.

Therefore, the stocks of the new company after the merger are extremely attractive to small and medium shareholders. They are flocking to the new company's warrants, crying and shouting to sell the big hotel stocks in their hands to United Hotel Group in exchange for the stock options of the new company.

Of course, the Jiadaoli family will not sit still and wait for death. The family for hundreds of years still has a lot of energy and has a certain prestige among small and medium shareholders. Therefore, it has won over some shareholders and they have joined forces to compete with the United Hotel Group.

However, everything in the capital market speaks based on strength.

Yuantu Investment is the major shareholder of United Hotel Group, Guo Henian is the second shareholder, and Liu Luanxiong also got involved in order to avenge the humiliation of the Jiadaoli family two years ago. The three parties quickly acquired more than 50% of the hotel shares.

At this point, the Jiadaoli family was out of reach, so they sold their small and medium shareholders, and secretly negotiated with United Hotel Group in private, intending to sell the shares they had at a good price.
Chapter completed!