v3 Chapter 776： Launch an acquisition (2/2)

He suppressed the surging thoughts, picked up the phone and made a few calls. After hanging up, his expression was solemn.

His friend works at the New York Stock Exchange and has confirmed with him that there are a large number of Berkshire Hathaway stocks trading, and the buying orders are constantly being placed. The biggest buyer is a company called Polaris Capital company, the specific information is unclear.

Xia Yu did not intend to hide this action, so the acquirer clearly showed Polaris Capital.

”Polaris Capital...”

Buffett murmured and frowned, but he couldn't recall the relevant information, and he felt very strange.

Just now Merrill Lynch came to buy the company's stock, and now there is another North Star Capital company that is buying their company's stock.

The motivations of the former and the latter are not clear.

His instinct told him that there should be a certain connection between the two, otherwise it could not be such a coincidence!

But anyway, he knew that the company was in trouble, and now it must be resolved.

Moreover, the issue of North Star Capital's acquisition of stocks is even more urgent. If he doesn't figure out the situation, he can't sleep well.

Thinking of this, he immediately ordered his subordinates to mobilize all efforts to find out the information of Polaris Capital, and at the same time raise funds to prepare for emergency.

Then, he asked his secretary to notify the other directors and immediately summoned them to convene the board of directors.

...

”Boss, this is the list of stocks that have been acquired so far.”

For Polaris Capital, Xia Yu came to the special working group office and took a look at the list submitted by Xia Yu.

The stock acquisition process of the two targets is clearly written above, including information such as time, transaction target, transaction price, etc. Of course, summarized information is also essential.

Xia Yu skipped the specific acquisition process after a few glances, and looked directly at the final statistics.

Among them, the company's equity already holds 18.7%, of which Merrill Lynch alone contributes 12%, accounting for nearly two-thirds.

In addition, there is an investment institution that originally held 5.2% of the shares and had a board seat in the company, but it also sold all its shares to Polaris Capital ~ the remaining percentage One point five of the shares were all acquired from the market.

Although the company has been in decline for four years, although it has improved, it is still difficult to change its image of junk stocks in the past few years. It has already exhausted the patience of investors. Therefore, after the purchase order is placed, the number of orders is unknown.

At present, the company is still fighting for several important shareholders. As long as it is taken down, it can easily surpass Berkshire Hathaway and become the second largest shareholder, even surpassing the original largest shareholder.

As for Berkshire Hathaway, thanks to its good performance last year, the capital market has higher expectations of it, and ordinary investors are relatively optimistic about its future, so acquisitions are more difficult.

At present, it has not won any major shareholder, but only acquired a 1.7% stake in a financial institution, and then acquired a portion of the stocks on the market. The two together accounted for 2.6%.

However, Xia Yu is already quite satisfied with this result. Peter Lynch has contributed a lot to this result in just a few days. He has served in Fidelity Fund for such a long time and has accumulated a wide network of contacts for him. Now it takes time. , Immediately played a role.

After putting the list in place, Xia Yu once again instructed and encouraged the subordinates of the acquisition team, and then checked the time before going to prepare for the interview.

Wall Street is the place with the largest number of financial elites. Polaris Capital will play an extremely important role in the acquisition field in the future. The company urgently needs a large number of talents. Now the branch has a serious shortage of talents, so it has been recruiting externally. At the same time, Xia Yu also commissioned Korn Ferry International New York branch. The company is responsible for hunting and recommending.

Peter Lynch is running around for several acquisitions, so naturally he can only come for the interview.

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