Chapter 323： Sing Tao News Group got it

In addition, looking at Hong Kong and even Southeast Asia, the only person in front of him who has the ability to save Sing Tao News Corporation and once again let "Sing Tao Daily" and "English Standard" develop.

If the company and newspapers were to die out, Hu Xian would have no face to face his father under Jiuquan!

After thinking about it, Hu Xian sullenly discovered that, despite the prejudices in his happiness, Xia Yu was really the most suitable target for acquiring the company!

"Forget it, winners and losers, shopping malls are like battlefields. If you lose, you lose. Give up!"

Hu Xian sighed inwardly.

After thinking about it, Hu Xian slowly raised his head and looked at Xia Yu. Xia Yu immediately refreshed and realized that the critical time had come.

"Xia Sheng, it's not impossible to sell the company to you, but I have a few conditions. As long as you can do it, everything is easy to say!"

Hu Xian pursed his mouth, sighed, and said slowly.

Xia Yu made a please gesture and said, "Please speak!"

"Let me tell you about the current situation."

"My company's account has been frozen by the bank, and now it still owes the bank a debt of 23 million yuan. In addition, the amount of compensation requested by advertisers totals about 7 million yuan. In addition, several advertisers have been He consortium’s instigation threatened me to go to court, while the people at Jardine wanted to buy my company at a very low price, otherwise they would use means to make my company rectify indefinitely and drag it to bankruptcy. I'm in jail..."

Hu Xian said with a melancholy face, and did not hide from Xia Yu.

Xia Yu frowned. He didn't expect the situation to be so serious, and the lingering power of Yihe was actually involved.

But he didn't persuade Yihe either. Hu Xian felt that the problem was already very serious, but Xia Yu didn't think it was too troublesome, so he still wanted to buy Sing Tao News Group.

In other words, he wants to buy it even more because he does not want Sing Tao News Group to fall into the hands of the Jardine Consortium, otherwise it will be the most troublesome for him, because the uncertainty will become bigger. With the resources of the Jardine Consortium, it is not impossible to build Sing Tao News Group. At that time, his dominance of Jiuding News will be challenged.

It must be stopped, and Sing Tao News Group must not be allowed to fall into the hands of the Jardine Consortium!

Xia Yu thought in his heart and solemnly made a gesture and said, "Ms. Hu, I already understand the situation. I don't know what your conditions are?"

Hu Xian's eyes lit up, and she didn't expect Xia Yu to still want it after knowing the situation, and her heart slowly became active.

"I don't have many requirements. First, if I sell the company to you, you must do your best to keep the company and the newspaper, and develop it equally with your other newspapers."

Hu Xian said.

"No problem, I can't waste money. For my newspapers, the resources are universal, and I will definitely do my best to develop "Sing Tao Daily" and "English Standard."

Xia Yu fully agreed that this condition can be agreed without even considering it, Hu Xian is completely thinking too much!

Hu Xian nodded and continued: "Secondly, Yihe is eyeing my company. If I sell the company to you, you will take over all the troubles now, and you have to withstand the pressure of Yihe. Keep it, if I still fall into prison, you have to give out 5 million to my family! This clause must be written into the contract!"

After Hu Xian finished speaking, he stared at Xia Yu steadily.

Xia Yu frowned, looked at Hu Xian for a few seconds, and slowly nodded and said, "Yes, I agree!"

Hu Xian's second request made it clear that he should rescue her. If he couldn't save her, he would give him five million to his family, which was obviously forcing Xia Yu to do his best.

Hu Xian was completely overly concerned. Even if he did not mention the five million, he would do his best to do it as long as he agreed. In Hu Xian's eyes, she faced a lot of trouble, but in Xia Yu's view, There is no way.

What is the company's high debt? As long as he takes over, he will not believe that the bank will not run immediately. Even if the bank does not run, he can easily take out the debt of 23 million yuan. This trouble can be completely ignored.

Advertisers want compensation? That's simple, isn't it about 7 million? The big deal is to give it, or not to pay, to give these advertisers a second choice, to compensate them with the same value of advertising space in other newspapers under Xia Yu, Xia Yu believes that those advertisers will definitely be willing to accept it.

Are those advertisers really short of money?

Do not! It's not lack of money at all!

If they are short of money, they will not come to advertise. What they need is a good advertising effect to promote their products!

Now Jiuding Newspaper is the hegemon of the media industry, and the advertisers that it cooperates with are the top ones. Only those companies that can’t grab an ad space will retreat to look for other newspapers. The advertisers of newspapers under Sing Tao News Group are those Companies that can't get the advertising space of Jiuding Newspaper Company.

Now if there is a chance to win the advertising space of the newspapers of Jiuding News, even if it is not the top position, the time is not very long, but it is enough, those advertisers will definitely agree!

So as long as Xia Yu buys Sing Tao News Corporation, the pressure on advertisers can be resolved instantly.

As for the last one, Xia Yu is not afraid of threats by Yihe’s black hands. He is also well-connected. Even if he doesn’t have enough contacts, he will fight with the Yihe Consortium anyway. The big deal is that when Yihe bows his head, he treats this as one. Conditions force them to agree.

So no matter what, Xia Yu has a way to deal with it. Hu Xian’s problem is nothing to him!

When Xia Yu agreed, Hu Xian's heart was more than half relieved.

There was no resistance in the subsequent exchanges. Xia Yu and Hu Xian set the tone for negotiations tomorrow morning. Xia Yu also asked Hu Xian to prepare all the detailed information without any errors or concealment. Hu Xian completely agreed.

...

The next day, Xia Yu, Yan Wenhan and the company’s legal department went to www.novelhall.com. After intense negotiations, Xia Yu finally bought Sing Tao News Group for 2 million on the condition that the talks last night Well, assume all debts, problems and risks, and ensure Hu Xian's safety.

After a series of mistakes, Sing Tao News Group’s total assets are only HK$32 million, liquidity is completely gone, all liabilities add up to HK$23 million, and the company’s net assets are about 9 million.

But if the advertiser is compensated at least 7 million, the company's net assets will be exactly 2 million.

Xia Yu bought the company at the price of 2 million net assets, which seemed to be a bargain, but the risk was not fake.

Although 2 million is very small, if the problem of Yihe is not resolved, the company will continue to rectify indefinitely, and the assets will shrink day by day, and Hu Xian will also face jail. He will pay another 5 million Hong Kong dollars, which adds up. He is likely to lose tens of millions!

So considering this risk, the price of 2 million won't look cheap!

When the word was signed, Hu Xian couldn't help but his eyes were red, and it took a long time to clear up his mood.