My Dad Is The Richest Man In The City

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(PS: When I reply to the book review, it keeps reminding me "Please enter the verification code", but there is a verification code, so I wipe it... I feel like a dog!)

Originally, the audience of Qiwen Novel Network was limited to domestic users.

After leaving Tianchao, the audience for novels on Qiwen Novel Network was severely limited.

But now Qiwen Novel Network has been officially merged into Qiwen International, a group company, and has also been officially renamed Qiwen International.

Users around the world can watch high-quality electronic novels on it. The novel website provides more than 20 text translations to satisfy users from all over the world who like novels!

In this way, high-quality novels will get more user attention, and adapted TV series and movies will also have more potential users.

Many film companies and game companies have expressed concern about this; many reporters at the scene, many people have opened the website, started searching for Qiwen International, and prepared "560" to explain the situation of this novel website; there are also many people watching this live broadcast People get to know Qiwen International.

“And then there’s another announcement to be made!!”

After saying this, Lin Yu's expression became much more serious. Even when he held a joint press conference with Apple and other companies just now, he was not so serious.

When the reporters knew that the main event was coming, they immediately put away their mobile phones so that they could check it later. But what Lin Yu was going to say next was what everyone was most concerned about.

Even the audience watching this live broadcast, including Cook and others who have already left, are also curious about what Lin Yu will say.

At this time, people from Anli Law Firm came on stage. Many people didn't know him, but...some people did.

That is Tiger Fund and the two small shareholders who sold Litton Bank shares. They know this person from Allen & Overy Law Firm!

"It's him!"

“It turns out that the person who acquired Litton Bank was actually an umbrella company!”

"It's a big loss. If we don't sell the shares, we will definitely make a big profit this time!"

The people at Tiger Management and the two small shareholders of Litton Bank were worried about gains and losses.

Lin Yu introduced at this time: "The man standing next to me is Anli Law Firm, a lawyer specializing in commercial litigation and acquisition cases——Mr. Mo Fei!"

"Before, Lawyer Mo Fei just helped our umbrella company complete the acquisition of Litton Bank!"

"Currently, Umbrella Company holds 62.4% of Litton Bank's shares, becoming Litton Bank's largest shareholder and owning Litton's bank controlling interest!"

Lin Yu also announced the matter forcefully.

This acquisition, involving more than 50 billion US dollars, can be said to be the largest acquisition and merger case in recent years.

Amazon previously spent US$13.7 billion to fully acquire Whole Foods Market, which was already considered a huge acquisition case.

However, the amount involved in Umbrella's acquisition is nearly four times that of Amazon's acquisition of Whole Foods Market.

Wow!!

The reporters present were in a commotion!

Many people are familiar with Litton Bank. This company has a market value of US$70 billion, branches all over the United States, and more than 500 branches around the world.

And the umbrella company actually acquired 62.4% of Litton Bank's shares without any explanation?

This will require at least more than 40 billion U.S. dollars of funds. Considering the premium acquisition, the funds involved will be even more. The specific amount is not yet known.

But where can umbrella companies come up with so much capital?

Could it be related to the previous US stock market crash?

"Excuse me....……."

"Director Lin...

Many reporters immediately wanted to ask Lin Yu about the specific matters and the source of the huge funds for the acquisition of Litton Bank.

But Lin Yu put out his hand to stop all reporters' questions. He said: "I will answer all questions after the press conference. Next, lawyer Murphy will talk about the specific acquisition... In fact, I myself will I don’t know about this, but everyone knows that I am very busy during this time!

Lin Yu said he didn't know, it was just bragging.

With the help of the Red Queen, he knew everything about this acquisition.

But ordinary people and journalists don’t think so.

They knew that Lin Yu had come to the United States to attend this meeting; that China had a WeChat circle that was going online; and that the United States was secretly acquiring Litton Bank.

There are so many things to deal with, and he is too busy to deal with them. It is possible that he does not know the specific acquisition friendship.

Attorney Murphy is a white man in his forties, with blond hair, wearing a suit and dressed meticulously.

He said: "This acquisition of Litton Bank involves more than 50 billion U.S. dollars. All funds are provided by the umbrella company. The origin is clear. The acquisition will last for half a month, and a total of 62.4% of the shares of Litton Bank will be acquired!"

"This acquisition has been submitted to the China Securities Regulatory Commission and the stock exchange..."

The acquisition time was extended a lot due to Lin Yu's request...

The so-called holding a license means that if you hold more than 5% of the shares of a listed company, you must make a written report to the securities regulatory agency and the stock exchange.

Previously, Honghou acquired 30% of the shares in the market, which was dispersed in various accounts to avoid exposure.

Whether this proposed acquisition can be completed depends on whether the China Securities Regulatory Commission and the stock exchange will approve it...or, in other words, whether the United States agrees.

According to the inference of Allen & Overy Law Firm, under the current circumstances, the United States should not intervene in this acquisition.

Because Apple and other companies’ lawsuits and sales bans have not been officially lifted.

Apple and other companies have exchanged patent licenses with Umbrella Technology, but have only reached an agreement and have not formally signed a contract.

Once the United States intervenes, it will prove that the results of this negotiation are in vain. The lawsuits of Apple and other companies will continue, Umbrella Technology's prosecution of Apple and other companies will continue, and the sales ban will naturally continue.

This is the end of the press conference belonging to the umbrella company.

The press conference has also entered the most critical stage!

Reporter’s question!

At this time, the whole world is in an uproar, shocked, and wants to know more relevant information!

So countless people paid attention to this question and answer session.

Many people thought that when Lin Yu announced the acquisition of Litton Bank, not many people in the world knew about Litton Bank, but you can check it!

It doesn't matter if you check this... This guy is actually a large bank with a market value of 70 billion US dollars. Besides, lawyer Murphy from Allen & Overy Law Firm also said that the amount involved in this acquisition case exceeds 50 billion. US dollars.

What concept is this!

Converted into soft girl coins, it exceeds 350 billion soft girl paper.

Moreover, the amount of this acquisition is much more than 50 billion U.S. dollars, which is similar to Lin Yu's net worth according to the Hurun Report.

This means that the amount involved in this acquisition is equivalent to the entire worth of the third richest man in China.

"I would like to ask Mr. Lin Yu, Litton Bank has a market value of 70 billion US dollars, and this acquisition involves more than 50 billion US dollars. Where did so much money come from? Was it earned from the previous US stock market crash!?"

The person who asked the question was an American reporter.

When he thought that the funds for Lin Yu's acquisition of Litton Bank may have come from the collapse of the US stock market, the reporter's tone was not good.

This is equivalent to Lin Yu using American people's money to acquire American banks...