Chapter 223 Acquisition Negotiations

Shengda Literary Company, conference room.

There were several middle-aged people sitting on both sides of the conference table, each wearing a suit or tie.

On one side were Qiu Wenyou, the president of Shengda Literature, and several shareholders, and on the other were Han Jun, the general manager of Penguin Investment, and senior executives.

Han Jun is interested in Shengda Literature and wants to acquire Shengda Literature. Today he personally took action and led a team to negotiate.

Han Jun is not only the general manager of Penguin Investment, but also the vice president of Penguin Group and Mr. Ma’s right-hand man.

Logically speaking, for a multi-billion dollar negotiation, he does not need to personally take part.

But he is very optimistic about Shengda Literature. Shengda Literature is also the key to whether Penguin Pictures and Penguin Video can overtake in a corner, and it is also related to Penguin Group’s layout of the entertainment sector.

So here he is.

It not only shows that he values ​​​​Shengda Literature, but also shows his determination to win it.

"Mr. Qiu, please bid."

Seeing that there were no problems in the various accounts audits, Han Jun was the first to speak.

"Mr. Han, you better bid first." Qiu Wenyou had black-rimmed eyes and an elegant temperament.

To be honest, when Penguin Investment contacted him and said it wanted to acquire Shengda Literature, he refused outright.

After all, Shengda Literature was created by him and is his hard work.

Moreover, Shengda Literature's operations are very good and it does not need financing at all.

Penguin Investment wanted to acquire it, and it was a wholly-owned acquisition, so he was naturally not happy.

But just because he is not happy does not mean that other shareholders are not happy.

After he declined, Penguin Ventures contacted other shareholders.

Those shareholders were very interested in Penguin Investment's acquisition, so they approached him together, and that's how today's negotiations took place.

In the initial stage of Shengda Literature, in order to develop faster and seize market share, it conducted multiple rounds of financing.

With financial support, Shengda Literature has become the dominant player in the online literature industry.

However, it is exactly this that Qiu Wenyou holds fewer and fewer shares.

Now, he only holds 25% of the shares of Shengda Literature.

In Shengda Literature, it is only the third largest shareholder.

When the other two major shareholders learned that Penguin Investment was planning to acquire the company, they all had the idea of ​​arbitrage and exit, which made him very passive.

"Five billion." Han Jun quoted a price.

"Mr. Han, come here in person. I thought you really wanted to buy our Shengda Literature, but judging from the price you gave, that's not the case." Qiu Wenyou smiled directly.

What a joke!

The current market value of Shengda Literature is more than 6 billion.

Han Jun wants to acquire it with only 5 billion, which is simply a dream.

Originally, he didn't want to agree to the other party's acquisition, but when he heard the price offered by Han Jun, it was even more impossible for him to agree.

Not only does he not agree, but shareholders who are interested in arbitrage and exiting the market may not agree either.

As expected, other shareholders also exploded.

"Mr. Han, the price you quoted is very insincere."

"Mr. Han, you don't know the market value of our Shengda Literature. It's impossible for us to agree to your price."

"Mr. Han, if you are like this, I think there is no need for us to continue talking."

"Mr. Han, do you think we are easy to bully?"

Shareholders want to arbitrage and leave the market, but they also want to get out of the market with as much money as possible.

The price given by Han Jun was so low, so it was naturally impossible for them to agree.

"Everyone, I naturally have my reasons for the price I quoted. You might as well listen to it first." Han Jun smiled lightly.

"Okay, you say."

"I want to see what reasons you can give."

"Your reasons should preferably be able to support the price you quoted, otherwise we really don't have anything to talk about."

The excitement of several shareholders calmed down a little.

Since Han Jun said there was a reason, let's listen to Han Jun's reasons first.

"First of all, let's talk about the market value issue you mentioned. You should know that the market value is artificially high."

"The second is that the ability of online literature companies to resist risks is very low. According to our research, in the past five years, 30 online literature companies have closed down, and two of them were once ranked among the top five in the industry."

"Based on these two points alone, I feel that the purchase price of 5 billion I gave is very conscientious."

Han Jun took a sip of coffee, smiled lightly, and explained his reasons in a leisurely manner.

"Mr. Han, we Shengda Literature don't have the problem of inflated market value as you mentioned."

"As for your second point, since you have conducted research on Shengda Literature, it should be clear that we, Shengda Literature, are the largest online literature company."

"Seventy-five percent of great authors are gathered in our company. Our company is not comparable to other companies."

"With those authors, our company can continuously produce high-quality online novels, and the readers are very stable and growing steadily every year."

"Our dominance in the online literature industry is unshakable, let alone bankruptcy."

Qiu Wenyou refuted the two reasons given by Han Jun one by one.

Especially when it comes to the second point, there is a sense of pride in the words.

Shengda Literature is a veritable hegemon in the online literature industry.

The person who created this overlord was Qiu Wenyou, and he had reason to be proud.

Although in this industry, the ceiling is a bit low.

To become the industry leader, the company only has more than 6 billion.

But being able to make Shengda Literature the leader in the industry has already demonstrated his ability.

Also, there is no doubt about the strength of Shengda Literature. It is not comparable to those companies that have gone bankrupt or those companies that have not gone bankrupt but are far from Shengda Literature.

"Mr. Qiu is right, our Shengda Literature is different from other companies."

"Our company is the industry leader, and great authors are basically born in our company."

"Anyone who dreams of becoming a great novelist will choose us to win the literary world."

"This is our advantage, an unparalleled advantage that other online novel companies cannot match."

“With this advantage, we are far ahead of other online novel companies.”

Qiu Wenyou's shareholders expressed their support for Qiu Wenyou.

During the negotiation and confrontation between the two sides, what Qiu Wenyou said was indeed very beautiful.

They all had to sigh that Qiu Wenyou was worthy of being the person who built Shengda Literature into the dominant player in the online literature industry.

"You said that 75% of outstanding online novel authors have signed contracts with your company. I do not deny this."

"But you must be clear that these online novel authors can sign contracts to write books here, or they can sign contracts to write books on other websites."

"As long as they are willing to spend money and give them their ideal money, I'm afraid many of those authors will be willing to leave."

"Do you still think you have an advantage?"

Han Jun smiled lightly and felt that the advantage of Shengda Literature was nothing more than that.

Hearing this, Qiu Wen and several people's expressions changed slightly.

Of course they know this.

The website on which an online novel author chooses to write a novel depends entirely on the online novel author's own wishes.

If someone is willing to pay and give those online novel authors a much higher treatment than what they get at Shengda Literature, those online novel authors will definitely be moved.

At least most online novel authors will leave.

Or while writing at Shengda Literature, I am also writing on other online novel websites.