Chapter 475 Plan B for the Acquisition of YG: Domestic Capital!
Chapter 475 Plan B for the Acquisition of YG: Domestic Capital!
“Jennie Kim’s mother, Kim Yeon-mi, has acquired 22% of YG’s shares, but the Yang brothers’ shares now exceed 37%.”
“There are some individuals or capital holding YG shares, waiting for a higher price to sell, or they have no intention of selling.”
"YG Entertainment's artists are in a bit of a mess right now, with many whose contracts are about to expire expressing their desire to leave."
Wang Xiucheng listened and nodded.
An unstable agency will indeed not attract any artists to sign with it.
This matter cannot be delayed any longer.
Looks like we need to come up with Plan B.
Thinking of this, Wang Xiucheng took out his phone and, without trying to hide it from Ma Xiaoxuan, made a call.
The call was quickly connected, and Mary's voice came through the phone.
"Hey, are you home yet?" Mary's cheerful voice rang out.
This was the first time Wang Xiucheng had called her so late, which inevitably made her overthink things.
Wang Xiucheng put down his chopsticks, stood up, and went to the floor-to-ceiling window. Looking at the dazzling New York night view, he said, "Mary, let's speed up what I told you last time."
"Okay, I understand." After Mary finished speaking, she waited a moment, but didn't hear Wang Xiucheng's voice, so she asked with some concern, "Have you eaten?"
"eating."
"Okay, you can eat. My mom and I just got home too."
"Okay, I'll hang up now."
"it is good."
After hanging up the phone, Wang Xiucheng didn't go back to eat; instead, he just sat there.
Neither Ma Xiaoxuan nor Wu Di and Wu Jia disturbed Wang Xiucheng. Ma Xiaoxuan even muted the TV sound, afraid of affecting Wang Xiucheng.
About ten minutes later, Wang Xiucheng took out his phone and made another call.
The call connected after about ten seconds, and Wang Xiucheng immediately switched to a cheerful voice, "Mr. Ma, long time no see."
“Not long ago.” Ma Yun’s voice rang out with a hint of joy. “I just finished watching your match with Lao Cai in the office. You performed very well.”
Ma Yun knew very well that Wang Xiucheng wouldn't call him if nothing was wrong.
"Thank you," Wang Xiucheng said, then decided to cut to the chase. "Mr. Ma, do you know anyone at Tencent or Weiying?"
"Of course." Ma Yun seemed to have gotten into the car, and the sound of the car door opening clearly came into Wang Xiucheng's phone. "Don't beat around the bush with me, just get to the point."
Wang Xiucheng chuckled. Ma Yun's words sounded somewhat forceful, but that also meant he didn't consider Wang Xiucheng an outsider.
After all, there's the connection with Cai Congxin.
So Wang Xiucheng said directly, "Tencent and Weiying have some YG shares that I want to acquire, at a price 20% higher than the current market price."
“Sure, I’ll get in touch with them for you.” Ma Yun agreed without any hesitation.
Wang Xiucheng knew that he was only responsible for relaying messages, and whether the message succeeded or not was none of his business.
"Also, please pass on a message for me," Wang Xiucheng continued.
"You said."
Wang Xiucheng was silent for a few seconds before saying, "After this is done, CWJK will owe them a favor."
“If they decide not to sell to me, that’s fine, but I hope they won’t sell to anyone else, otherwise CWJK will keep an eye on them in overseas markets.”
Ma Yun gasped upon hearing this; he recognized it as a threat from Wang Xiucheng.
Ma Yun certainly knew what kind of company CWJK was.
This company, whose name sounds rather casual, has nothing at all; you could call it a shell company.
But behind this company are Jassim and Julia Koch.
Cai Congxin made it very clear to Ma Yun that he was only able to establish a relationship with Jasim because of Wang Xiucheng.
Otherwise, how could a businessman like him possibly know a Middle Eastern royal with a white turban?
The thing that Ma Yun Company has the most of is money!
Wang Xiucheng's statement, "Keep an eye on them in overseas markets," was no joke.
“I understand,” Ma Yun replied.
Seemingly sensing the tense atmosphere, Ma Yun continued, "Once you make it to the finals, I shouldn't be so busy here anymore. Then Lao Cai and I will go to New York to cheer you on."
"It's a deal." Wang Xiucheng chuckled and hung up the phone.
Wang Xiucheng felt that given his family's notorious reputation in Europe, these domestic capital firms probably wouldn't want to oppose him.
Besides, it's not like I'm not going to pay.
YG's peak was before 17, when every group in the company was extremely popular, not only in South Korea but also in China, where they were very successful at making money.
Psy's Gangnam Style was released after he joined YG Entertainment.
However, after that, YG's stock never recovered due to a series of scandals involving its members and the ban on Korean entertainment.
Compared to its peak, YG's stock is now worth almost half of what it was.
This half of the market value is almost entirely due to four minor burdens.
These capitalists acquired all their YG shares 15 years ago, and they've been stuck with them ever since.
In other words, they are "trapped".
Having finally made it to the point where they could earn a sum of money, they naturally wouldn't let it go easily.
Will they give you their shares?
Ma Xiaoxuan walked over at some point and sat down next to Wang Xiucheng.
Wang Xiucheng smiled and nodded, "No problem."
I'll say it again: I'm not getting something for free, so why wouldn't they sell it to me?
Despite saying that, Wang Xiucheng still took out his phone and made another call.
The call couldn't be connected.
Wang Xiucheng laughed. "Did they block me?"
"Sister Xuan, where is your phone?" Wang Xiucheng asked.
Before Ma Xiaoxuan could speak, Wu Di, who was sitting at the table, immediately grabbed a chicken leg in one hand and took Ma Xiaoxuan's phone in the other.
Wang Xiucheng took the phone, waited two minutes, and then dialed the number again using Ma Xiaoxuan's phone.
This time, the call connected, but no one answered.
Wang Xiucheng wasn't in a hurry. He waited two minutes and then called again.
Ma Xiaoxuan didn't know what Wang Xiucheng was doing, but she didn't disturb him.
Ma Xiaoxuan felt that Wang Xiucheng seemed to give off a different vibe when he was silent.
Finally, on Wang Xiucheng's third attempt, the call was answered.
A burst of somewhat jarring heavy metal music rang out on the phone, followed by a somewhat indistinct male voice, expressing his dissatisfaction.
"Who is it that keeps calling so late at night? Will they kill you if they call again tomorrow?"
At the same time as the sound rang out, there was also the sound of a wine bottle clattering.
Upon hearing the voice, Wang Xiucheng laughed, "David, I am the king."
"Wang?" The voice on the phone seemed taken aback. "That Wang?"
“It’s the Wang you’re thinking of.” Wang Xiucheng laughed.
"Wang, Wang Xiucheng?" The voice on the phone suddenly became louder, seemingly extremely agitated. "You still have the nerve to call me? Get out, get out of here, I don't want to hear your voice..."
Upon hearing this, Wang Xiucheng quickly said, "David Wittheimer, give me one minute, and I can help you make money. If you choose to hang up after one minute, I promise I won't call you again."
"You're a liar, I won't believe you, never."
Despite saying that, the call wasn't disconnected.
Ma Xiaoxuan was slightly surprised; she had many guesses about who Wang Xiucheng would call.
But David Witheimer was definitely not one of her expectations.
diskusbooks