Upon hearing this, Director Chen nodded eagerly. "Originally, we've already had preliminary contact with several powerful families or consortiums in Hong Kong Island. They're also interested in the TV license, and the price has almost been negotiated. But who would have thought...
TVB held the Miss Hong Kong pageant, and the excitement has swept Hong Kong! Now, those buyers who were originally interested have been scared away by TVB's dominance! They're either waiting or giving up!
At this point, the expressions of several shareholders were quite painful. It was so painful that the plan was ruined at the last minute.
Lin Wenhan took another step forward and spoke earnestly, "Just when we were at our wit's end and almost in despair, we heard a rumor that you, Mr. Lin, were interested in acquiring Lai Shih and building a media empire that could rival TVB! This news is simply... a ray of hope in a desperate situation for us!
We immediately reached a consensus, unanimously agreeing that, looking across Hong Kong, the person with the ability, courage, and resources to take over ATV and truly challenge TVB is none other than you, Mr. Xiao Lin! Therefore, we didn't hesitate to come to your door and implore you... to consider acquiring ATV!
After Lin Wenhan finished speaking, the entire office fell into a brief silence.
Lin Huowang leaned back in his chair, crossed his hands in front of him, and his eyes swept thoughtfully across the faces of the anxious shareholder representatives in front of him.
Lin Huowang understood everything that Lin Wenhan said clearly.
In my past life, I remember that in 1977, ATV was in the midst of an irreconcilable conflict between the major shareholder Lin Xiufeng and many small shareholders. No one was willing to give in, and Lin eventually refused to inject more capital into ATV, which led to the breakdown of ATV's capital chain. Many payments could not be made, and even the wages of the TV station employees were in arrears for half a year. Finally, ATV went bankrupt the next year.
Thinking of the final outcome of ATV, Lin Huowang couldn't help but feel regretful. This TV station, which originally gathered many shareholders and had strong comprehensive strength, ended up in such a dismal way. How could it not make people sigh!
And now is the eve of ATV's bankruptcy, when various contradictions and crises are erupting.
Therefore, Lin Wenhan’s helplessness and urgency at this moment, as well as the anxiety of other shareholders, all indicate that such a contradiction is no longer reconcilable.
The only way for ATV to survive is to sell itself as a whole.
Lin Huowang listened to all this patiently, but his face still maintained a solemn expression after listening, as well as a just right hint of embarrassment.
He reached out and slowly opened the thick file of ATV information on the table, quickly browsing the financial status, asset list and the extremely precious television license approval document.
I have to say that the fact that they were able to bring this information to me has already demonstrated great determination and sincerity.
This made Lin Huowang very satisfied, as he no longer needed to engage in intrigue and negotiate prices and conditions with these small shareholders.
After a moment, he closed the folder, looked up at Lin Wenhan, and said with a doubtful tone: "Mr. Lin, and everyone else, I roughly understand what you mean. The situation of Jiashi is indeed... thought-provoking.
However, I have a crucial question. Your father, Mr. Lin Xiufeng, is so devoted to the television industry, so determined to expand and strengthen ATV, even resorting to... extraordinary means to force other shareholders to withdraw. So, will he agree to sell ATV? Master Lin, you, with all the shareholders here today, can you really make your father's decision?"
The question raised by Lin Huowang can be said to have accurately hit the sore spot of everyone present.
They actually all knew that Lin Xiufeng was the biggest obstacle to selling Jiayi Television.
Even Lin Wenhan's expression turned ugly in an instant. He opened his mouth to explain something, but was speechless for a moment.
The other shareholder representatives looked at each other with flickering eyes. Some shareholders wanted to speak but were stopped by the people next to them.
Director Chen, Director Li and others who had been talking incessantly just now had expressions that changed several times, and in the end, only embarrassment and a hint of shame at having the reality exposed remained.
After more than ten seconds of silence, under Lin Huowang's scrutiny, it was Lin Wenhan who finally spoke up to break the deadlock.
With deep helplessness and a hint of pleading, he said to Lin Huowang, "Mr. Lin... you've really hit the nail on the head. It's precisely because we couldn't convince my father that we... we resorted to this desperate measure. Because of this matter, my father and I have become very upset."
He's completely refusing to listen to any of my advice. Therefore... this final solution will likely depend on Xiaolinsheng's skill and determination. We have no other recourse but to implore you... to personally meet with my father."
Lin Huowang was happy to hear this, but he did not express his opinion immediately.
His eyes fell back on the document, and to others, he seemed to be seriously weighing the pros and cons.
After a long while, he raised his head and said:
“In principle…I agree to acquire ATV.
The overall purchase price of HK$15 million is...reasonable considering ATV's current debt situation.
If it weren't for these debts, even 30 million wouldn't be enough to get this television license in Hong Kong Island today. Since you're not asking for too much, I won't bargain.
As for Mr. Lin Xiufeng...
"Tomorrow, Master Lin, please help me arrange a time. I will personally visit him at the Lin Mansion and talk to him face to face. I think... the problem is not as big as you think. I am confident that I can convince him."
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