Chapter 411
Completely finished
"No...impossible! Impossible!"
Wang Lei couldn't accept this reality for a while. He was obviously the one who wanted to acquire Xingman Entertainment. How come his old home was taken away in the blink of an eye?
Li Xinghe came here not to beg him for acquisition, but to kick him out of his position as president...
Wang Lei's scalp was numb at this moment, and he couldn't help but feel a wave of fear in his heart. The young man in front of him was really terrifying.
In just a few days, he actually made a desperate counterattack and turned defeat into victory.
"It's not true! It's not true..."
Wang Lei muttered to himself, and all the senior executives were dumbfounded.
No matter how stupid or slow-witted you are, you should understand at this moment that Friendship Media has completely changed.
Shi Xiaoou sneered and slapped the copy of the contract he had prepared on the table.
"Whether it's true or not, you can see for yourself!"
Vice President Liu Jun picked up the contract and looked at it carefully. As predicted, the person holding 63% of the shares of Youyi Media was Li Xinghe.
"You...you used 500 million to acquire more than half of the shares of Youyi Media?"
"how?
do you have any opinion?"
Li Xinghe smiled.
Liu Jun took a breath. Bi's connections and resources in the entertainment industry may have the upper hand, but if Bi was rich, even Wang Lei would not be a match.
"Do you see clearly?"
Shi Xiaoou said coldly: "Now, our Mr. Li is the major shareholder of Friendship Media, and he is the one who can sit in this position!"
Suddenly, all eyes were focused on Wang Lei.
"Mr. Wang, it's time for you to give up your position."
Holding the edge of the chair with trembling hands, Wang Lei was angry and unwilling, but so what?
The facts are before our eyes, Li Xinghe is now the big boss of Youyi Media, and he holds 30% of the shares, making him second in line.
At this moment, Wang Lei felt extremely regretful. If he had not sold his shares in order to raise funds, perhaps things would not have turned out like this.
"Mr. Wang, is the chair too comfortable and you don't want to give it up?"
Shi Xiaoou reminded.
Mixed with anger and helplessness, Wang Lei slowly stood up, and his secretary brought a chair and put it next to him. Wang Lei finally stepped down from the peak he thought he was.
"Mr. Li, please."
Shi Xiaoou smiled.
Wang Lei's embarrassment and Li Xinghe's calmness and confidence are in sharp contrast.
At this moment, Shi Xiaoou felt extremely happy. After many years of working in the industry, he had never experienced such a passionate and exciting moment, and all these honors were brought to the pinnacle by Li Xinghe.
Under the spotlight, Li Xinghe sat calmly and calmly in the position of president.
Well, it's very soft and comfortable. No wonder Wang Lei is so nostalgic about it.
Li Xinghe smiled slightly, looked around the crowd and said, "Now, I will preside over today's meeting as the major shareholder of Friendship Media."
"There are two things in the meeting. One is to discuss the removal of Wang Lei as president, and the other is to initiate the merger of Friendship Media and Xingman Entertainment."
Everyone was frightened and looked at Wang Lei with surprise.
No matter what happened, it was enough to make Wang Lei vomit blood.
Now that Li Xinghe is the company's major shareholder and the actual controller of Youyi Media, it is natural for him to remove Wang Lei and become the president. No one dares to object to this.
As for the merger...
At best it is a merger, at worst it is Xingman Entertainment acquiring Youyi Media.
Wang Lei once arrogantly believed that the big could easily eat the small, and the big fish could eat the small fish. Isn't this the law of nature?
However, Li Xinghe changed this rule, and it is possible for a small fish to swallow a big fish in one bite.
"I disagree!"
After finally accepting this fact, what followed was an even bigger blow.
Even if Wang Lei is not allowed to be the president, he must also transfer the company he has worked hard for more than ten years to the hands of Li Xinghe, which he cannot do no matter what.
"This is absolutely impossible! I won't let you do this!"
Wang Lei said angrily.
"Hmph! Even if you are the major shareholder, you don't hold two-thirds of the equity. You can't make this decision yourself. As long as I don't agree, you can't even think about merging the two companies."
Li Xinghe was not surprised and seemed to have already guessed that Wang Lei would stop him.
"Well, okay! Since Mr. Wang doesn't agree, then I will increase my shares by 300 million to Youyi Media and dilute the shares of all shareholders."
Li Xinghe looked at Wang Lei and said with a smile: "Mr. Wang, if you also invest 300 million, you can still keep one-third of your shares. If you don't invest, after the investment, my shares will reach 88%.
"
Suddenly, there was silence in the conference room.
Everyone looked at Li Xinghe in disbelief. It seemed that Friendship Media was really going to change.
To put it bluntly, Li Xinghe’s move is to compete with who has more money. Anyone who knows a little bit about capital operations will understand the stakes. If Wang Lei doesn’t have the money to follow, then Li Xinghe will become the boss of Friendship Media and have all the right to speak.
's boss.
Rather than allowing Wang Lei to still have a certain say, it is better to completely block this road so that he will no longer be able to fight against him.
Wang Lei never dreamed that Li Xinghe would be fine if he didn't take action. Once he did, it would be so powerful that it would not give him any way to survive.
"It's over...it's completely over now..."
Wang Lei slumped down on the chair, his face pale and dumbfounded.
Li Xinghe ignored Wang Lei, turned to look at the company executives, and said softly: "So, is there anyone else who objects to my two proposals?"
Everyone was silent, no one dared to refute.
Former CEOs were pushed to the ground and rubbed hard, and they were just small shareholders holding a few points. Once their equity was diluted, their equity would be even less pitiful. Not to mention the right to speak, even what they said had to be weighed.
If you are not careful, you may end up packing up and leaving.
"Okay! Since no one objects, then these two resolutions are finalized."
Li Xinghe said loudly: "I will sign the official removal document later and promote the merger."
"Although Friendship Media has changed its surname, the internal structure of the company will not change in any way. Everyone must stick to their positions and do not let this matter affect your emotions."
"I hope everyone can adapt to the changes in the company as soon as possible. Don't be immersed in the past. Welcome new changes and make new changes. This is what you have to do next."
After the words fell, the conference room fell silent.
Everyone looked at each other, not knowing what to say for a moment.
Wang Lei was as dejected as a defeated rooster, completely lacking the high energy and high morale he had at the beginning of the meeting.
At this moment, everyone deeply realized that they had really changed their masters.
"Yes, Mr. Li!"
Vice President Liu Jun was very sensible and immediately shouted loudly after realizing this.
Following his lead, other senior executives also agreed.
Chapter completed!