Chapter 857 Special Acquisition Agreement

During this period, New Oriental had not yet been listed on the market. Even because of the emergence of Chen Mo, its dominance in the education and training industry was no longer guaranteed. The company's market value was even pitiful, with an estimated value of only a few hundred million.

Therefore, Yu Hong seems to stand out among the world's top rich people, and at the same time he seems relatively humble.

Even in front of Chen Mo, he seemed a little unconfident and humble.

Originally, Yu Hong was not eligible to participate in the press conference of Chen's first product.

He recommended himself to attend the press conference with the mentality of giving it a try.

Unexpectedly, Chen Mo actually agreed to let him attend the press conference without providing proof of assets!

"Chen Tianwang, thank you for allowing me to attend the press conference of Chen's first product. It is really an eye-opener for me!" Yu Hong sighed sincerely.

"Mr. Yu, you're too polite. Haha, how about it? Do you want a set? I'll give you a discount." Chen Mo said with a smile.

"Uh... I would like to buy it, but my wallet doesn't agree!" Yu Hong said with a helpless smile.

A big boss who will be worth hundreds of billions at his peak in the future is just a trembling newcomer now.

Chen Mo felt that if he didn't fool him at this time, he would be really sorry for himself!

"If you want, I can give you a set. You can choose any mansion in Linjiang. How about it?" Chen Mo said with a smile.

The smile was very warm, but no matter how Yu Hong looked at it, he felt that there was evil intention in this smile.

"Chen Tianwang, please speak directly. You look at me like this... I'm scared..." Yu Hong said tremblingly.

The way Chen Mo looked at him became more and more evil, like a big bad wolf looking at the little white rabbit!

Just stick out your tongue and lick your mouth to make you drool!

"Haha, Mr. Yu, you also know that today's education and training industry in Daxia is a competition between your New West and my Murphy Education and Training. One is successful in the sinking market, and the other is successful in the high-end market. ."

"If we can merge together, we can penetrate into the high-end market and become a dominant player in the industry." Chen Mo said in a provocative voice.

"This... do you want to invest in New Western or acquire New Western?" Yu Hong asked cautiously.

If it was an investment, Yu Hong would be eager to do it!

But if it's an acquisition, Yu Hong has to be careful. He doesn't want the company he built to make wedding dresses for others.

"I want to buy 51% of the shares of New Oriental and merge it into Murphy Education and Training and become a subsidiary of Murphy." Chen Mo said straightforwardly.

"Sorry, Mr. Chen, I can't agree to this." Yu Hong shook his head and smiled bitterly: "New Western is my hard work over the years. I can't just watch it be acquired."

"How about 1 billion yuan, plus a Linjiang mansion worth 300 million yuan?" Chen Mo said with a smile.

Yu Hong's heart was beating wildly!

Today, New Western's valuation is only 500 million!

Chen Mo directly fired him for more than double the price!

And only buy 51% of the shares!

If it had been anyone else, I'm afraid they might have been tempted and agreed!

Yu Hong struggled for a long time, and finally shook his head and said: "I'm sorry, Mr. Chen, the conditions are very generous, but I still can't agree."

"How about this? I'll sign a special merger agreement with you."

"I will pay 200 million to purchase 51% of the shares of New Western. You can repurchase all the shares unconditionally at the original price according to the market value of the company in that year after 20 years, that is, after 2021!

Even 100% of the equity of Murphy Education and Training can be repurchased at the original price unconditionally! "

Chen Mo said with a gentle smile.

In fact, anyone who knows the education and training industry knows that around the end of September 2021, the country introduced laws and regulations restricting off-campus training, and then the entire education and training industry collapsed.

Affected by the policy, New Western's stock price evaporated by 400 billion overnight, and the entire industry lost trillions! ! !

Chen Mo originally planned to cash out all the stocks in the education and training industry from early to mid-2021 to avoid this major earthquake in the industry.

If you can use this condition to trick Yu Hong now, then why not do it?

Yu Hong swallowed his saliva, and there was a war between heaven and man in his heart!

This particular acquisition is simply unheard of!

In accordance with Daxia's National Day, Yu Hong is confident that the education and training industry will continue to grow.

Twenty years later, Yu Hong even felt that he could make New Western become a leading company with a market value of hundreds of billions!

Murphy Education and Training has now eaten up the sinking market. No matter how hard New West competes, it will be difficult to take a piece of meat from its mouth.

And to add insult to injury.

Tutoring Network, which has been gaining momentum recently, has reached a strategic cooperation with Murphy Education and Training!

What is certain is that there will definitely be more excellent seed teachers in Murphy than New West in the future.

At this time, if we can cooperate with Chen Mo, New West can also take a bite of the sinking market, and excellent seed teachers will not have to worry.

And after 20 years, New Western shares will be unconditionally repurchased, and even a percentage of Murphy Education and Training shares can be purchased unconditionally...

This is like pie in the sky!

"How are you thinking about it?" Chen Mo asked with a smile.

Yu Hong hesitated for a long time and asked, "Can you tell me why it is 20 years later?"

Chen Mo didn't hide it and said directly: "I think the education and training industry market will reach its peak in 20 years."

Then, he jumped straight from the top to the bottom, without even a moment of buffering time!

Of course, Chen Mo would not say this.

After all, the general industry will enter a stable period after reaching its peak. Although profits will decline, there will still be considerable profits.

But the education and training industry is different.

After reaching the peak, it will go bankrupt overnight, with no profit at all!

Yu Hong thought for a while and then said: "Is this okay? For 100 million, I will sell you 49% of the shares. This is a cooperative relationship, not an acquisition relationship."

He is still worried about being "acquired" and "subsidiary".

It can be seen from this that Yu Hong is not an ambitious man who is willing to be inferior to others!

"No, it must be 51%." Chen Mo refused to give in.

"Then I can only say sorry." Yu Hong shook his head.

Chen Mo didn't expect that Yu Hong would be so difficult to fool. He rolled his eyes and suddenly had an idea in his mind.

"Yu Hong, do you know my name?" Chen Mo said with a deliberately cold face.

"I know, you are the first king of Great Xia, the White Dragon King." Yu Hong said.

"Then do you know the origin of my name, White Dragon King?" Chen Mo said coldly.

"Uh... I don't know..." Yu Hong shook his head.

Chen Mo put his hands on his back, his eyes shot out two rays of light, and he said leisurely: "I am a white dragon from the sky descending to earth. I have the destiny of the immortal family. Blessed by all the Buddhas, I can know the past and the future, and see through the yin and yang and the five elements!"

Yu Hong looked at Chen Mo blankly, obviously not believing it.

"You...what do you mean..." Yu Hong said cautiously.

"Before I became the King of Heaven, there was a saying: If you collide with the Dragon King, your family will be destroyed!"

"You have already collided with the Dragon King today. I am afraid that you will suffer a bloody disaster in the near future!"

Chen Mo shook his head, sighed, and patted Yu Hong on the shoulder.

"Well……"

Yu Hong was a little dumbfounded.

What is this all about?

Even a three-year-old child doesn't believe this nonsense, and you, the majestic king, are telling me this to lie to me?

Unfortunately, what Yu Hong doesn't know is that he has been targeted by gangsters recently.

After Yu Hong was kidnapped by gangsters in his previous life, he almost died, but he finally managed to save his life!

Chen Mo took advantage of this and weaved this lie that seemed to be full of loopholes!

"If you believe me, agree to the deal with me, and I can teach you how to resolve the disaster."

"If you don't believe it...hey, you can do it yourself!" Chen Mo said.

Of course Yu Hong didn't believe it!

"Thank you very much, Chen Tianwang, for reminding me that my company still has something to do, so I'll take the first step." Yu Hong said.

"Well, but remember, if something happens to you and you want to remedy the situation, you must come back to me within three days, otherwise, it will be too late!"

Yu Hong exchanged greetings for a few more words, and then left. You can tell by looking at his expression of smiling but not daring to smile when he left...

He treated Chen Mo like a fool!

Chen Mo looked at Yu Hong's back and murmured playfully: "Laugh, just laugh. In two days, will you still be able to laugh?!"