novelraw Chapter 248: Why Not Just Buy It Out
Chapter 248: Why Not Just Buy It Out
"What!"
"What method!"
"Speak quickly, what exactly is the method?"
...
Upon hearing Lin Feng say there was a way, everyone became extremely agitated, with the old village chief standing up immediately, his two eyes fixated on Lin Feng. With the situation having reached such a state, he really couldn’t understand what kind of method Lin Feng could have to solve everything, and he found it even harder to believe Lin Feng’s words. Now that everything had been laid out in the open, even a single Wanlilai Company had left the entire village at a loss, and now, with a powerful backer emerging, who knew about the development plans, could such a person be a simple one? No need to say, they surely had to be from a special group in Capital City. Knowing such a fact, was there still any way to resolve the issue? How could there possibly be a way!
"Actually, the solution is quite simple. We just need to acquire Yuegang Zhenqiang Company and then unilaterally back out of the agreement, pay the penalty for breach of contract, and reclaim the Lin Family Village project to develop it ourselves!" Lin Feng directly expressed his idea because now this was the only method that could solve the problem of Lin Family Village within the bounds of reason and legality.
"What? To acquire Yuegang Zhenqiang Company?" When Lin Guangyi heard Lin Feng say this, he couldn’t believe his own ears. The method Lin Feng mentioned was practically no solution at all because it was simply unfeasible—Yuegang Zhenqiang Company was a listed company. Although he didn’t know exactly how much money was needed, seeing on TV that acquisitions often involved sums of tens of billions, he conservatively estimated that it would take at least tens of billions to acquire Zhenqiang Company. But even if the whole village was sold, they couldn’t scrape together tens of millions, let alone so much money. Were they supposed to just watch Lin Family Village get demolished...
"Lin Feng, your method is too..." Lin Xueyou, hearing what Lin Feng said, was left speechless. He had assumed Lin Feng would think of a good method, but instead Lin Feng thought of this impossible venture. Acquiring a listed company would require an astronomical sum, and throughout the gathering, it was doubtful if they could even muster several tens of millions, let alone billions. Even considering Lin Dongchen’s and Lin Yiwen’s families together, managing to collect a few billion was impressive, but that was still far from the capital needed for acquisition. What talk of acquisition could there be!
"Lin Feng, what kind of joke is this? Yuegang Zhenqiang Company is a joint-stock listed company. How could you just acquire it so easily? How much money would that cost!" Upon hearing Lin Feng’s proposed solution, Lin Dongchen immediately countered it because Lin Feng’s words were just too far-fetched. To acquire control of a company with assets of over a billion would require a colossal amount of capital; and it was uncertain how many shares were even available on the market. How could you just say ’acquire’ and it happens? He was a businessman and knew these matters too well. Although Lin Feng’s method might solve the problem, it was an impossibility!
The boldness of Lin Feng was truly astonishing, coming up with such an idea. He himself knew all too well what was required to acquire a listed company: without money, what talk of acquisition could there be? Even if he wanted to help, it wouldn’t be feasible. His own company was there, and even if he sold it, managing to get a few billion would be fortunate. Now, even if he sold his and Zhang Lan’s companies, they’d still fall far short of the acquisition funds needed. Thus, it was simply impossible!
Liu Li, with her arm linked through Lin Dongchen’s, remained silent, but her heart was also full of question marks. Lin Feng had never made unreliable statements before, so why would he say such a thing today? To just utter the words ’acquire a listed company’—how could that possibly be!? Even if all the villagers were sold, it wouldn’t be enough!
"Listed companies, if it had been before, we indeed could have managed it, but now..." Hearing Lin Feng’s words, Zhang Lan also felt terrible. Before her son had troubles, acquiring such a company wouldn’t have been a big issue, but now that the original enterprise was long gone, she could offer no help in the current situation. Her business, just starting up with Professor Wang Bo, hadn’t seen any profits yet, making it impossible to come up with that much money!
Sigh... If only she still had her original business. Even if she didn’t have sufficient funds, she would have a way to finance, but in this situation, she was utterly helpless. She wanted to assist but couldn’t...
"Son, can you just acquire a listed company anytime?" Lin Yiwen, having understood his wife’s words, realized that the task was impossible. The large corporate group his family once had was long gone, and now it was simply not possible to come up with so much money to acquire Yuegang Zhenqiang Company.
Although he was not knowledgeable about business matters, he had seen related TV dramas where acquiring a listed company was certainly not a simple affair. It wasn’t something you could just do on a whim; it required an immense amount of capital and a professional team with a meticulous plan. Not to mention the enormous capital not at their disposal—talk of acquisition was futile!
"Brother Lin Feng..." Lin Jie focused on Lin Feng, really wanting to know what he was thinking. While others were contemplating how to resist the forceful relocation, Brother Lin Feng was considering outright acquiring the company—although this would completely eliminate the trouble, as everyone had already stated, without the funds it would be impossible. What was Brother Lin Feng implying, what was he thinking?
"We definitely couldn’t manage it ourselves, first of all, we surely lack the required capital. That’s why I’m planning to do this: the villagers can invest with their land or buy the corresponding shares with cash, then my mom can contribute some, and Uncle Lin Dongchen could also contribute some. This way, we would establish the village’s voice in development decisions. For the rest, we need to find a strong external support to manage this," Lin Feng explained his idea, fully aware of the many complications involved in acquiring a listed company. If it weren’t for Lin Family Village, he wouldn’t suggest such a troublesome task.
"Ah! What kind of person could come up with so much money?"
"Son, you must be joking, where could someone find that much money?"
"Lin Feng, this is not the time for jokes."
...
All those present were astonished by Lin Feng’s words. Who could possibly bring out so much money? This was no small sum—it was the acquisition of a listed company, involving astronomical amounts. Even if everyone here pooled their resources, they might manage to scrape together one or two billion at most. The remaining amount was a massive gap. Who could come up with so much money to acquire a company? It was utterly unbelievable! But who was this external force Lin Feng mentioned? He hadn’t been back for long, how could he possibly know such a wealthy individual?
With these thoughts in mind, everyone’s eyes turned to Lin Feng, all wanting to know who he was talking about. Only someone with a very substantial fortune could pull off something like this! Suddenly, Zhang Lan thought of Chu Meng from Cloud Fund and wondered to herself if her son could be referring to her?
"We’ll know soon enough whether it’s possible or not." Understanding what everyone was thinking, Lin Feng brushed off their queries with a simple response before calling Shen Yao again.
"Shen Yao, is your father in Yuegang?" Lin Feng cut straight to the chase when he asked Shen Yao. For such a big plan, only Shen Tian was the most suitable to make an appearance.
"Yes, what do you need my father for?" Shen Yao was puzzled. Why was Lin Feng suddenly seeking her father? What could make him personally reach out to her dad?
"Go to your father now. I’ll send you a message in a while, and you can just show it to him," Lin Feng said, feeling it was clearer to explain the details in writing and numbers, thus suggesting Shen Yao use her phone to show the information to her father.
"Alright, I’m on my way. I’ll be there in about 20 minutes." Shen Yao was now even more curious about what Lin Feng was going to show her dad. She knew her father was extremely busy, barely having time to rest, because the family business was indeed vast. It was precisely for this reason that she complied with the family’s arrangements, ready to take on some of the load for them.
"Let’s leave it at that for now, goodbye." Lin Feng hung up the call and, amidst curious glances from everyone around him, began rapidly composing a text message on his phone.
Huh? Shen Yao?
Who is this Shen Yao?
What does he need Shen Yao’s father for?
...
Everyone was extremely curious about this Shen Yao Lin Feng was calling, wondering why he had called her twice that evening. The issue at hand was finding the money, so why was Lin Feng asking Shen Yao to see her father? Could it be that her father was capable of pulling off the deal, of acquiring Yuegang Zhenqiang Company? If so, Shen Yao’s family must be extraordinarily powerful, as casually coming up with several billion to acquire a listed company was not something average tycoons could do.
All eyes were fixated on Lin Feng, who was busy drafting a text message, trying to glean some clarity from his expression, but Lin Feng remained impassive, absorbed in typing on his phone.
Hearing the dial tone from the phone, Shen Yao, though confused by Lin Feng’s behavior that night, understood that something must have happened back in his hometown; otherwise, he wouldn’t be dealing with these matters so uncharacteristically. With that in mind, she quickly took her phone, went downstairs, and rushed to her father’s office tower.
On the way to her father’s, Shen Yao received the message from Lin Feng. As soon as she saw it, she understood what Lin Feng meant and immediately urged the driver to go faster so that her father could see the message as soon as possible.