Chapter 65 (1/2)

At the time when Tang Shizhe crazily poured money to promote the image of Titan group in China, Siman group, which is far away from the ocean, began to purchase Eagle state paper.

With the popularity of the Internet, the newspaper industry is getting worse and worse, and the advertising revenue is also declining. Basically, all newspapers are in the loss, so the valuation of newspapers is generally low.

Even the CEO of a song called out: the newspaper industry is doomed to die out!

In this general social environment of social decline, and many of these newspaper owners are supporting the newspaper with their own money earned from other industries. Therefore, if anyone is willing to accept the offer, they are still very happy!

Siman group got 520 million soft coins in Titan environmental protection dividend, which is nearly 87 million US dollars in US Dao!

As the starting point of Siman group's acquisition, the west coast, because the economy is not as good as the east coast, newspapers of the same size are half cheaper than the east coast!

Such a ”cheap” newspaper is undoubtedly the best choice for the fund deficient Siman group.

In the headquarters of Siman group, on the 123rd floor of an office building, dozens of employees recruited are full of excitement. They have just received their boss's latest task, to the west coast city to buy the newspaper there!

Some people may ask if these people are mentally ill, and they are so happy when they are far away from home.

Speaking of this, we have to say that since the Siman group investment in Titan environmental protection has obtained excessive returns, the Siman group will not make any other investment!

Their daily job is to investigate and analyze some industries and companies in Yingguo, and then make a report and put it into the company's database. Such a high degree of boring work is almost suffocating them! Finally, they don't have to go out of the office!

However, the budget given to them this time is only $60 million, and they must use this $60 million to buy as many newspapers as possible in all coastal cities on the west coast.

What's more, whether these newspapers need to be the first in the local market doesn't matter, as long as the newspaper has a part of the local market.

Under such conditions, there are more newspapers to choose from, and because they are not local leaders, their prices are very low.

By the time 60 million yuan is spent, the tabloids in the coastal cities on the west coast have been basically acquired by Siman group.

After acquiring these tabloids, Kiro didn't rush to integrate them. Instead, everything was still running according to the original state.

After seeing this series of confusing acquisition moves of Siman group, the outside world is in a fog and can't guess what this Siman group is going to do.

In principle, the companies invested by the Siman group, whether Titan environmental protection or Titan biotechnology, as well as the newly established Siman biology, are all high-tech industries.

But this crazy acquisition of Siman group aims at the dying paper media industry.