Chapter 244: Chapter 244: Let's Talk It Over
"Mr. Huang, I don't see anything wrong with it, it's to our advantage, guys, do you think what I'm doing is wrong?" Qiu Wenyu asked everyone.
He said no more about the secretive task Huang Chi gave Tao Yongchang.
After all, once Yang Xin Investment acquired the company, there would no longer be any connection between the two parties. There was no need to make things difficult for the other party over this.
Doing that would mean completely burning bridges.
As a mature businessman, one would never make such foolish decisions.
"Yeah, there's nothing wrong at all."
"Mr. Huang, I also think what Mr. Qiu proposed is pretty good."
"Mr. Huang, I think what Mr. Qiu is doing is fine."
Several shareholders were in support of Qiu Wenyu.
"I just feel that it's disrespectful to Penguin. Even if we have to talk with Mr. Xu and the others, we could change the time, couldn't we? Tomorrow morning would work, too," said Huang Chi.
"I don't think there is any disrespect. What do you guys think?" Qiu Wenyu asked everyone again.
Anyway, he wanted to get the others on his side.
This was the general trend, and even if Huang Chi was the largest shareholder, he dare not go against this tide.
"I also see no issue with it, I don't feel it disrespects anyone from Penguin."
"Negotiations are negotiations. As long as it doesn't delay anything, then it's fine."
"Exactly, Mr. Huang, you're really overthinking it. Could it be that because Mr. Qiu called us here so early, you didn't get a good nap, and you're holding a grudge against him? Let's not sweat the small stuff. What's important now is to sell our shares at a good price.
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Mr. Qiu is looking out for our best interests. Once the shares are sold at a good price, you can sleep anytime you want."
"Yes, Mr. Huang, let's not quibble over this. Mr. Qiu is just looking out for our best," the shareholders chimed in one after another.
"Fine, since none of you have an issue with it, I won't say more. Let's negotiate then," Huang Chi replied with unspoken difficulty.
He couldn't very well say, "I've reached a private agreement with Han Jun to let Penguin acquire Shengda Literature for no more than 55 billion."
If he said that, the shareholders' anger would probably be directed at him.
However, he wasn't too worried.
After all, it was only Yang Xin Investment's first negotiation, and it certainly wouldn't be settled so quickly.
He planned to message Han Jun later, telling him to go ahead with the acquisition today.
With that thought, he began to feel more at ease.
Xu Yang and his group had not spoken the entire time.
He had already communicated well with Qiu Wenyu. This was the plan.
This Huang Chi, no matter how he struggled, was doomed to fail.
It was now impossible for Penguin to acquire Shengda Literature.
"Good, since everyone agrees, I will have my assistant bring over the documents for Mr. Xu's people to review," Qiu Wenyu said.
The assistant was already prepared at the door, and Qiu Wenyu immediately asked the assistant to come in and place the documents in front of Xu Yang's group.
Qiu Wenyu said, "Mr. Xu, here are the documents. They have been reviewed by Penguin already, and the results are there. You can have your people review them or look directly at the results; it's just a matter of whether or not you trust them."
Xu Yang smiled slightly, "Since the documents have been reviewed by Penguin, I trust that there are no problems, and of course, I trust that you, Mr. Qiu, would not deceive me. However, we still need to go through the necessary procedures."
Qiu Wenyu gestured with his hand, "Then please, go ahead and check."
Xu Yang signaled the legal and financial teams to review the documents.
The review of the documents took over twenty minutes.
The results were consistent with what Penguin had provided.
"Mr. Qiu, everyone, what kind of acquisition price are you looking for?" Xu Yang glanced over Qiu Wenyu and the others and asked.
"Mr. Xu, not to make you laugh, but of course, we hope the higher the price the better," Qiu Wenyu replied with a laugh.
"Yes, the higher the better."
"Mr. Xu, the price Penguin offered is not low."
Several shareholders chimed in, one after another.
"I see that Shengda Literature's current market value is a little over six billion two hundred million. I have come with sincerity, so I'm offering six billion. If you're willing, we can sign the contract now, and the money will be in your account within three business days. If you're not interested, I can only assume you're not sincere. Once I leave this door, I won't come back.
Instead, I'll move on to acquiring other online literature companies. What do you all think?" Xu Yang said.
Six billion!
Upon hearing this number, the expressions of several shareholders lit up with delight.
After two grueling days of negotiations with Penguin, Han Jun had only managed to reach an offer of five billion two hundred million.
Their demands had already been lowered.
With an offer of five billion seven or eight hundred million, they felt it would be acceptable to sell.
Just moments ago, they had discussed the matter and came to believe that Han Jun could only raise the offer to five billion five hundred million.
They had already decided that if Han Jun truly offered five billion five hundred million, they would sell their shares.
Now, Xu Yang was directly offering six billion.
What is called a pleasant surprise? This was a pleasant surprise.
This Qiu Wenyu, by bringing in Yangxin Investment, had just reached the goal in one fell swoop.
Moreover, if they didn't sign the contract now, Xu Yang would not go through with the acquisition.
There would be no next round of negotiations.
Then they would have to face Penguin's squeeze again.
How to choose? Was there even any need to ask?
"I agree to President Xu's offer. What about you all?" Qiu Wenyu asked.
"I agree as well!"
"With the price President Xu is offering, there's definitely sincere intent. I agree too."
"I'm onboard!"
Except for Huang Chi, the other shareholders quickly took a stand.
"President Huang, with such a great offer on the table, won't you agree?" Qiu Wenyu's gaze fell on Huang Chi.
"President Huang, please make your position clear quickly."
"Right, isn't this the price we wanted?"
"President Huang, what are you thinking? You seem unhappy."
All eyes turned to Huang Chi.
Huang Chi felt a bitter taste in his heart.
Xu Yang had been so decisive, going straight for the acquisition, and offering six billion, catching him off guard.
If Xu Yang had merely made an offer of six billion, he could have made a case for waiting to see Penguin's move, suggesting that with competition, they might be willing to increase their offer.
But the key point was, Xu Yang said if they didn't agree to sign now, as soon as he left, he wouldn't come back.
That move completely cornered him.
With no other option, Huang Chi steeled himself and said, "Everyone, I think we should wait and let Penguin's people come over so they can bid against each other. That would be better."
Upon hearing this, everyone's eyes lit up again.
Xu Yang was already offering six billion now.
If Penguin was still willing to compete, then the price would definitely be higher than six billion.
"President Qiu and all my friends, it seems that someone among you thinks I am a fool, as is Wang Shao. Since that's the case, let's pretend I was never here. I won't be back in the future either. Goodbye."
With that, Xu Yang stood up and was about to leave.
Leaving was out of the question, but he had to show his firm attitude.
If he let Huang Chi get the upper hand and waited for Penguin to come so they could bid together, acquiring Shengda Literature might become impossible.
Even if he could acquire it, he would have to pay a much higher price than six billion.
"President Xu, don't go. Let's talk this through. Please have a seat and wait for a moment while I persuade President Huang," Qiu Wenyu hastily intervened.
"President Qiu, I respect you and admire you. I'll give you three minutes. Once those three minutes are up, if you still can't reach a consensus, I will leave," Xu Yang said as he sat back down.