Chapter 391 Tsk, what a pity for

Jinling and Straw Bear Entertainment.

The conference room, which used to be spacious, now seemed a little small because it was packed with people. The person near the window felt that the air in the room was a little turbid and opened the window. The slightly cool autumn wind blew in through the window gap, making the already dull atmosphere in the room even gloomier.

Liu Xiaofeng rubbed his face. In just a few days, his condition became particularly vicissitudes. Wu Qilong, who was sitting next to him, was not much better. His face, which was already wrinkled due to his old age, became even more depressed.

"What did Alibaba say?"

Liu Xiaofeng shook his head: "I went to talk to them, and they gave two options. Either we take over Alibaba's shares and they withdraw their investment; or we merge into their large entertainment project, but it is likely to be split up later."

"That's the same as not saying anything." Wu Qilong cursed in a Taiwanese accent.

"Yes, I said before that unless we bring in Arclight, there is no hope for Alibaba." Liu Xiaofeng smiled bitterly and looked over again: "What about you?"

Wu Qilong frowned: "It doesn't matter for Shishi. She just holds shares. The decision is up to me. But that Zhao Liying, she sent a message yesterday saying that she wants to transfer the shares in her hands."

Liu Xiaofeng was stunned for a moment, and then suddenly realized.

Yes, she only has 1% of the shares, and the profit is only 18 million. If the company can go public in the future, it is quite valuable to hold it. But now such a big trouble has occurred, and there is not much money but it has caused trouble. This is a bit not worth it.

"Forget it, if you want to transfer it, then transfer it." Liu Xiaofeng whispered: "But before she transfers it, you can ask her for help."

They had hit a hard nail with Meng Bai before, and they originally wanted to see if there were other takeovers, or to raise funds from other channels.

But they didn't expect that "Fan Bayi" who came right after directly aggravated the already urgent situation.

Many people in the same chain as them have been arrested recently, and it will soon be his turn. If he can't come up with a way to protect himself, it will be too late.

Thinking of this, Liu Xiaofeng took a deep breath and looked at Wu Qilong: "How is it, have you decided?"

"..."

Wu Qilong was silent for a long time, and finally nodded with difficulty.

"All?"

"All..."

"Okay, then I'll announce it."

Liu Xiaofeng said, and then he stopped looking at him, got up and walked to the front of the conference room. After all the executives in the room looked over quietly, he finally said slowly: "Everyone, I have something to tell you..."

...

In late October, when netizens were still immersed in the shock of the "800 million sky-high fine", a celebrity news attracted a lot of people's attention.

Zhao Liying, one of the top stars of the "85 Flowers", announced on Weibo that she and Feng Shaofeng had obtained a marriage certificate.

Let's not talk about what the passers-by said, but her fans were instantly blown up.

After all, not long ago, she had just posted a "split picture". Although nothing was said, everyone assumed that this was a denial of the previous "marriage and pregnancy" rumors.

Her fans also used this as evidence to fight against the fans of the other party on various platforms. As long as someone mentioned "marriage and pregnancy", they would rush to accuse the other party of spreading rumors.

Unexpectedly, just over a month later, the boomerang hit back and stabbed a wave of fans in the back.

The fans who felt deceived were in a mess. Some of them couldn't bear it and quit on the spot, while others tried to make up for their own main person -

"Ying Bao just posted a split and didn't say anything. The rest is your own imagination. This can't be considered a lie. Besides, things like marriage and pregnancy are originally personal privacy. If people don't want to make it public, they won't make it public. Why do you need to talk about it here..."

Unfortunately, the fans' efforts have little effect. Zhao Liying's nickname "Split Sister" was freshly released and instantly became another public opinion label for her.

The dispute between fans and anti-fans was heated, and there was a heated discussion on the Internet.

But under the clamor of public opinion, an acquisition case that no one paid attention to has ended.

"Mr. Meng, congratulations."

In the conference room, Liu Xiaofeng closed the share transfer contract in his hand and said to Meng Bai with a wry smile.

"Congratulations, Mr. Liu, we both get what we need, right?" Meng Bai said with a smile.

Just now, Meng Bai acquired 80% of the shares of Straw Bear Entertainment at a price of 430 million.

The reason why there is an extra part is that in addition to the shares held by Wu, Liu and others, there is also 15% from Ali.

In fact, when Ali learned that Arclight was going to move into Straw Bear Entertainment, he intended to stay. After all, everyone knows that if there is a company that can survive this film and television winter, it is definitely Arclight.

Unfortunately, Arclight does not intend to accept it. After all, Ali's style of "investing in whoever you want to sell" is too famous in the circle. Meng Bai asked himself if he had any means to break through Ali, so he simply acquired it together.

Meng Bai did not acquire Straw Bear Entertainment in the name of Arclight Film and Television, but through Qiming Venture Partners.

Over the years, as a "super unicorn" in the film and television industry, Arclight Film and Television has attracted many interested venture capital funds. It's a pity that because Meng Bai insisted on not raising funds, these capitals have never been able to get in.

Now that it is heard that Arc Light has acquired a new company and decided to raise funds from outside, the capital market has instantly flocked to it.

However, Meng Bai is no longer a capital novice, and he still has a certain understanding of these venture capital funds, so he only agreed to a few familiar ones.

Of the 80% of the shares, Tencent accounted for 20%, Qiyi TV increased its investment by 5%, and Huace Film and Television also followed with 5%. In addition, there are investors such as Sequoia Capital and Gaorong Fund who have had contact with Pinduoduo before, and the total of several of them account for 15%.

Calculated in this way, Arc Light now has 35% of the shares of Straw Bear Entertainment and is still the largest shareholder.

Not only that, the new company acquired by Arc Light naturally cannot be calculated according to the previous valuation price, but has a new standard, and the price will definitely be higher.

It is equivalent to Meng Bai's back and forth, and he immediately made three or four times the profit.

"Mr. Meng, then you look at this funding..."

"Don't worry, we at Arclight always keep our promises." Meng Bai called over to Gu Fei, "This is the person in charge of this acquisition, you can just contact him directly."

Gu Fei, who was dressed in a standard OL outfit, nodded to the other party: "Hello, Mr. Liu, my name is Gu Fei, and I am the COO of Qiming Venture Partners. Regarding this acquisition and subsequent specific funding issues, I will contact you."

"Thank you, Mr. Gu." Liu Xiaofeng forced a smile.

According to the previous valuation of Straw Bear Entertainment, 430 million to acquire 80% of the shares is definitely a bargain. And a considerable part of it belongs to Alibaba, and they sold it according to the standard valuation.

He felt so distressed that he wanted to bleed, but there was nothing he could do. Who can help but let the situation be stronger than people, so he can only do this.

And no matter what, the funds have finally been raised. Although he was skinned this time, he should be able to save himself after all.

Meng Bai didn't care what the outcome of Liu Xiaofeng and the others would be. Anyway, he had already got what he wanted, and it was okay as compensation.

As for how powerful he and the people behind him are, and how high their backgrounds are, that is not his business.

However, he can report the situation to Director Nie and the others later. After all, reporting crimes is everyone's responsibility.

Looking at Meng Bai with a playful smile, Liu Xiaofeng felt inexplicably uneasy.

"Mr. Meng, what's wrong?"

"Nothing, I thought of something else." Meng Bai said naturally: "By the way, why didn't I see Boss Wu and Miss Liu at the signing ceremony today?"

"Uh, they have other schedules, and the transaction part has been fully entrusted to me."

Meng Bai smacked his lips: "Tsk, what a pity."

Liu Xiaofeng didn't know what this "pity" meant, and he didn't dare to ask. After a few pleasantries, he finally looked around the company, and finally gritted his teeth and left this familiar place.

(End of this chapter)