Chapter 175: Chapter 171: The Caprice of the Rich
Translator: 549690339
That works too, since all their relatives are here, they wouldn’t be too bored, and they could take care of each other if something happens. Finn Lewis figured if he got busy, he might not have much time to look after them. Another problem was… With these tasks set by O, Finn might get in trouble if his mother sees him spending like this.
Just like that popular online phrase, as kids, we always claimed that things were more expensive when we bought them; now, we desperately understate the cost.
“Alright, you go take care of things. You’ve got important business.” Everyone understood completely, after all, Finn was now arguably the most successful person in the entire family and his opinion carried a lot of weight.
Fishy Wells booked a flight for Finn, so the next morning, Finn flew directly to Celeston City. Once in Celeston, Julia Parker had already driven over to pick him up. As soon as Finn got in the car, he said, “Sort out some documents for me. By the way, I came back this time to manage something important. We’re going to acquire a company.”
“Yes, young master,” Julia nodded.
“The company you’re very familiar with, it’S WY!” Finn stated his target directly, that’s right, it’s WY! Finn had indeed considered WY before, as one of the leading companies in China’s domestic game development. Even though Pengyou is stronger, Finn believed WY to be more innovative.
Of course, another problem: it would be a long time before Finn could buy WY if it wasn’t for this mission, let alone Pengyou. Although Pengyou isn’t at the level of Apple or Microsoft, their market value is still up there at around 160 billion Federal coin.
WY? Hearing this name, Julia and the others couldn’t help but open their eyes wide, then, subconsciously looked at Finn. To acquire WY? How much money would that need? More importantly, the majority shareholders of I,VY are institutions, but these institutions all serve other people behind the scenes.
And it seemed that the boss of IVY completely owns the company, that is, Yuri Johnson owns more than fifty-one percent of WY shares and holds absolute controlling rights. Such a company, even though it is listed, would be very hard to acquire. If Yuri doesn’t want to sell, then all efforts would be for naught.
“Boss, if I’m not mistaken, is a privately held company, right? Even though it’s a publicly traded company,” Julia had done her research on this and asked immediately.
“That’s why we have to convince them to sell the company to us,” Finn laughed.
Though the ownership structure of makes it difficult, Finn isn’t afraid he won’t be able to get WY. Who told you that Finn had a trump card? WY’s main profits come from websites and games, and Finn just happens to have the most deadly weapon for the gaming industry!
To convince them to sell the company to him, Julia was a bit speechless. During the hardest times, Yuri never sold NW. Maybe back then he wanted to sell, but no one was buying. Even though WY’s potential might not seem perfect now, at the very least it’s not bad. How could Yuri possibly sell his shares?
Although the task only called for the acquisition of a company and didn’t necessarily require wry, now Finn had set his sights on I,VY. Besides, isn’t he a loyal player of Top Three? He just wondered if Yuri would grind his teeth when he saw him.
“Mr. Johnson, here’s the report on our Nasdaq stocks from yesterday. According to our analysis, someone is buying up our stocks extensively in the market.” Before Finn arrived, Yuri’s secretary knocked on his office door and handed him a report.
“Oh?” Yuri paused for a moment, then picked up the report with some curiosity. Yuri himself held approximately 52% of WY’s stocks, so whatever was happening in the stock market didn’t concern him. No matter how much they bought, they couldn’t surpass this number, which is the advantage of having absolute control over a company.
Others, like company A, although their market value was over 6,000 billion Federal coin, since no single shareholder owned more than 50%, they could all potentially be forcibly acquired. But companies like wouldn’t.
He glanced through the report. Due to the time difference between the North Federation and here, the Nasdaq hadn’t closed for long. This was clearly the latest trading situation. For a company like WY that had been listed for many years, unless there were significant inventions or new measures, or influences like a financial crisis, stock price fluctuation was usually very steady.
Every day, the high and low were in a certain range. But just yesterday, I,VY stock rose by more than thirty percent. Obviously, someone was extensively buying WY stocks. Based on the financial department’s analysis, the other party had already bought up more than 20%.
This already made them the second-largest shareholder of the company! “Did we find out which company is doing this?” Yuri asked as he finished reading the report.
“No, we can’t find out who it is because of the many transfers between their accounts,” the secretary shook her head.
Just as Yuri was about to ask something else, his office phone rang. Yuri answered it. It was a phone call transferred from the front desk, “Mr. Johnson, there’s someone here to see you. He didn’t make an appointment, but he claimed he’s a loyal player of Top Three.”
“A player?” Yuri was surprised. Did every player need to report to him personally? If every player wanted to see him, he would be stretched too thin. Not to mention, Yuri knew his status in the players’ minds: the game isn’t fun, blame him; the game is fun, still blame him; game has a bug, blame him again.
In short, everything was his fault as the boss.
Of course, as a game company’s boss, you had to be prepared for this. Yuri didn’t take it to heart when his friends mentioned his nickname among the players: Yuri Stoneface. He just shrugged it off.
“Yes, Mr. Johnson, the man insisted on passing on that message. He also said… he owns about 21% of WY’s shares,” the receptionist said with a nervous giggle.
She wasn’t playing around. The man insisted on having her relay the message. Plus, he claimed to own 21% of WYs shares. Whether it was true or not, she had to let Yuri know.
Yuri paused again. He was a little speechless. A player? Owning 21% of WY?
Wants to see him? What was going on? Well, you’ve got to say, mentioning Top Three and his company’s shares did remind Yuri of something. The Memory Empire server in Top Three had recently been very hot..
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