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Losing Money to Be a Tycoon Chapter 1496 - Tengda's Special Recruitment!

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Chapter 1496: Tengda’s Special Recruitment!


Translator: Atlas Studios Editor: Atlas Studios


Tengda did not lack money, but it could not fork out that much money in a hurry.


After all, that was a billion US dollars.


Of course, he could pay in installments. Many acquisition plans were paid in installments.


Pei Qian had tens of millions of yuan on hand that he could not spend. If he were to transfer all of them to Dayak Corporation as deposit, he would be able to perfectly realize the losses this cycle.


What’s more, this huge sum of money could greatly ease the pressure of incurring losses in the future cycle.


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It was perfect to complete the acquisition negotiations at this juncture!


Pei Qian felt that he should thank him properly for the next cycle.


See, I’m not only causing trouble for you. I’ve also learned how to spend in advance!


In the future, Tengda’s various industries would continue to make money. However, it did not matter. With this huge gap, it should be much easier for him to spend money before settlement.


Pei Qian did not ask in detail but the acquisition team quickly sent a detailed report, reporting the exact situation of the negotiations for Finger Games.


Abillion US dollars was indeed not cheap.


Dayak Corporation had funded the acquisition of the young Finger Games back then. They had only spent 200 million US dollars to buy 80% of Finger Games’ shares.


Pei Qian had thought that 200 million US dollars was a lot, and Dayak Corporation was wealthy. However, looking at it now, what was 200 million US dollars?


Of course, he had been forced by Boss Pei to use a squeeze-out to buy all of Finger Games’ shares. He had also spent 72 million US dollars. It could be said to be a huge loss.


However, Dayak Corporation was now selling Finger Games for a billion yuan. It could not be considered a loss.


‘That was normal. Dayak Corporation was not stupid. How could they make a loss deal? Since they were going to sell Finger Games, they had to make themselves profitable.


However, this deal was not a loss to Tengda Corporation.


That was because the billion US dollars had not only bought a simple game, but also the copyrights of all the heroes in IOI, all employees of Finger Games, including the designers. Most importantly, they had also bought the ready-made system that IOI had built in so many areas in the world, so many


markets, and all the players of IOI.


Dayak Corporation had also invested a lot of money in order to promote IOI. Of course, IOI was also earning money.


It was not bad for Tengda Corporation to be able to accept alll these results.


In fact, one billion US dollars was considered cheap compared to the acquisition plan of the games company.


Of course, the reasons for this were more complicated. There were a few main points.


First of all, Finger Games was different from other games companies’ giants. They only had IOI under them. What’s more, IOI’s data had not increased rapidly recently. Instead, it was still shrinking.


Many game companies’ giants had a few cla.s.sic IPs under them, and they were still earning a lot of money. There were no competing games in the market. They could eam a lot of money in the future, which would definitely be very expensive.


However, IOI was being beaten by GOG globally. Even Dayak Corporation was not confident in it. Naturally, the outside world was not optimistic about it.


If they were not optimistic, the price would definitely be low.


Secondly, the CEO of Finger Games had been causing trouble recently. He had been courting death and negative news were coming one after another.


That was why he wanted to lower Finger Games’ share price as much as possible so that he could take over at a low price and make a huge profit. Therefore, not only did he release negative news, but he also tried all ways and means to hoodwink Dayak Corporation: sell me quickly. If you don’t sell me, you


might not even have this price in the future.


Dayak Corporation had also contacted some interested investors. In the end, these investors either hesitated to wait and see, or were directly cheated away by charades from him. None of them reached the intention of acquiring.


These situations made Dayak Corporation lower their expectations of the price.


Lastly, Tengda’s acquisition team also played a role. They adopted a smarter strategy and were not regarded as a fool.


‘Tengda’s team had quickly contacted Dayak Corporation, but they did not show strong desire to acquire them.


That was normal. Tengda had GOG. It had beaten IOI all over the world. Was there a need for me to buy IOI?


Buying was only because I found a guarantee for GOG that would completely swallow the market of MOBA games. If I did not buy it, I would not suffer any losses. In any case, no matter who Finger Games sold it to in the end, it was unlikely to pose a fatal threat to GOG.


Tengda would not push the price of IOI to an unacceptable level. However, don’t think of taking us for a fool. It would be impossible to kill us.


Thus, they ended up negotiating about a billion US dollars.


Of course, this billion US dollars could not buy the entire Finger Games. That was because Dayak Corporation had previously given them some shares to encourage the upper echelons of Finger Games in order to better motivate them. For example, charles had about 10% of the shares.


Adding the other executives and individual retailers’ scattered shares, there was less than 20% in total.


In other words, the shares of Finger Games that Tengda bought from Dayak Corporation were only about 80%. They had absolute control, but they were not completely controlling the shares.


Dayak Corporation could only sell the shares in their hands, but they could not make the decision for the other executives and sell their shares.


It was their freedom to keep or find the right time to cash out.


Pei Qian had not thought about what to do with the remaining shares.


Make it a second time?


Could he create a squeeze-out like Dayak Corporation back then, force Finger Games to exit the market, and pursue 100% control?


‘That was not necessary.


‘That was because the shares looked small, but they were expensive.


Pei Qian did not care about money, but he did not want to give money to these executives to be taken advantage of.


‘What’s more, there was no need to pursue 100% control. Pei Qian did not have OCD.


The amount of shares he had would not affect his grand plan.


In this report, it also reminded him that some of the upper echelons of Finger Games, including England, might play tricks. He had to be wary.


However, Pei Qian did not care at all because he did not care if these people were committing evil.


As long as they did not care about money, there would be a way to arrange for them!


February 26th, Tuesday afternoon.


Ata restaurant in Shanghai.


Brother Wei, Old Zhou, and a few old employees of Shengyun Corporation’s public affairs were gathered for a meal.


The reason why he chose noon was because Shengyun Corporation had been in a public relations crisis recently. The public affairs department had to work late even at night.


Since everyone had to work overtime, wouldn’t the gathering be the same..?


Taking into account their lunch break, it was less eye-catching for some people to slip away.


These people did not choose a place. They found a restaurant near Shengyun Corporation and said that they would find a better restaurant to have a good meal in the future when they had the time.


“Brother Wei, how did the exam feel? Were the questions difficult?”


“Old Zhou, didn’t you take the exam as well? Do you have the confidence to give us some advice!”


“Thope both of you can pa.s.s. That way, we can take care of each other when we go for the exam in the future.”


“T watched the live-stream. I have to say that Boss Lu is really handsome! He made Old Nie speechless and lost his face. He’s so awesome! The employees of Upwind Logistics are quite happy to work with such a boss.”


“Tm quite envious indeed. If I did not meet Tengda’s requirements, I would take the exam!”


“Over the past few days, negative public opinion has exploded. We’ve been scolded badly, but why do I feel that it’s so satisfying? Even though we inevitably have to work overtime.”


“We might be acting as perverted as Boss Nie and the others, but we’re still very happy in our hearts! What’s wrong with us working overtime? It’s worth it for us to be able to see such fun while working overtime!”


Brother Wei might have resigned but everyone’s relations.h.i.+p was still there. Of course, they had to have a good meal in private.


‘A few old employees expressed their concerns about Tengda’s recruitment examinations as they ate and chatted.


That was because everyone wanted to go!


Other than that, everyone naturally talked about the conflict between Old Wei and the Vice-President, as well as the live-stream of Lu Mingliang and Boss Nie’s debate.


This matter had already caused an uproar. It had been on the hot searches for a few days and it seemed like it was impossible to go down.


Old Zhou said apologetically, “Brother Wei, you only argued with Vice-President because you were taking leave on my behalf. I didn’t even stand up to speak for you. I’ma little sorry..”


Brother Wei waved his hand. “Sigh, don’t say that. Actually, I was already very unhappy with what I did. This time, I could not take it anymore. That’s why I lost my temper. It has nothing to do with you.”


“What’s more, what’s the use of you speaking up for me? Let’s pack up and leave together? It’s meaningless. My financial conditions are better than yours. I can take it even if I don’t have work for the time being.”


Someone asked, “Brother Wei, you haven’t said how the exam is. Is it difficult?”


Brother Wei said helplessly, “There are a lot of people taking the exam, a lot! I thought that there would be fewer people taking the exam since the conditions were so strict. I didn’t expect the compet.i.tion to be so intense.”


“Tcan only say that Tengda is really too popular. It’s simply a heaven for employees.”


“Tcan’t guarantee that I’ll be able to get in. We’re still in the marking stage. The results will probably be released next week. It might take half a month to get in, including all sorts of interviews.”


Someone else asked, “Old Zhou, what about you?”


Old Zhou scratched his head. ‘It’s hard for me to say! The questions are quite difficult. Some of the questions are very professional, while others test the prediction and view of the development of the industry. What’s more, there’s the content related to the Tengda Spirit test. I don’t even know if I answered


the right questions. I can only guess.”


Everyone nodded and did not ask further.


After all, Tengda’s recruitment examinations were famous for being difficult. He had to consider the possibility that he had not pa.s.sed.


Not only was there such a probability, but it was also very likely.


However, he could not say such unlucky things in such an occasion. He had to have some EQ. He had to wish that both of them would be able to enter successfully.


As he was eating, Brother Wei’s phone rang.


He did not think too much about it. He picked up the phone and asked, “h.e.l.lo?”


Then, he fell silent and listened to the person on the phone for nearly half a minute before replying. “Er… alright! No problem!”


“Alright, I’l make a trip to Jingzhou in two days!”


Everyone realized that the situation was not simple after hanging up.


“Brother Wei, what’s wrong?”


Brother Wei looked at everyone with a dim expression. I… [was specially recruited by Tengda!”

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Losing Money to Be a Tycoon Chapter 1496 - Tengda's Special Recruitment! summary

You're reading Losing Money to Be a Tycoon. This manga has been translated by Updating. Author(s): Inebriation-seeking Blue Shirt, 青衫取醉. Already has 219 views.

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