Silicon Valley

v2 Chapter 405: Misfortune Xiaoqiang

The cj group is a very promising group company. After the Asian financial crisis, the cj group expanded its business to the fields of media, entertainment, finance, information and communication, and quickly developed into one of the top ten groups in South Korea, with outstanding achievements!

In the entertainment and media business, cj-e&m is Korea’s No. 1 entertainment media company. By participating in different fields such as television media, movies, performances, music, animation, etc., it is at the forefront of the internationalization of Korean culture and spread to global audiences. Touched and fun. Its m-company is the largest music entertainment company in Asia and the most famous online commercial channel in South Korea. It can independently produce complete entertainment and music programs and broadcast them on a daily basis. m- has taken the lead in leading Korean entertainment media, and has secured its position as the largest music website in Korea with its rich music content and high customer loyalty. The company has cultivated many well-known artists, such as beautiful singer Sun Danfei, female team t-ara, "powerful" Jin Zhongguo and so on...Chapter 405

The m-Asian Music Awards (mama Awards) has also become one of the most important events in the Korean music industry. Many well-known artists and bands attended the ceremony, such as super-, girls’ generation, shinee, t-ara, 2pm, sistar, beast, Big-bang, 2ne1, TVXQ and other high-rated artists active in Korea.

At the same time, cgv Star Party Cinemas is also a subsidiary of CJ Group in South Korea, and it is also the largest cinema company in South Korea, committed to the investment, construction and operation of multi-hall high-end luxury cinemas.

In the food and catering business, Have Fun Day, Toshang Coffee, Bibig Bibigo, Vipps, etc., the must-go place for Korean food...

...

CJ Group Chairman Li Mengxi is the eldest brother of Samsung Chairman Li Jianxi. At this moment, the two are fighting for family property.

Originally, Li Mengxi was designated as the heir of the Samsung Group in the 1960s, but when he worked at a fertilizer plant under Samsung in 1966, he became greedy and smuggled 56 tons of chemical raw materials from Japan. Unfortunately, this matter was discovered. After that, he lost the favor of Samsung founder Li Bingzhe. In the end, Li Mengxi just inherited CheilJedang and established his own business, and changed the name to Xijie Group after CheilJedang. It was originally the emperor’s life, but who expected to become a prince in the end, it is not reconciled to anyone who puts this on...

The cj group is just a small food company spun off from Samsung. Of course, Li Mengxi is not satisfied. He accused Li Jianxi and said, "Li Jianxi almost monopolizes the entire Samsung Group, which is unfair! I am the eldest brother, and Samsung's assets should be divided into me. However, Li Jianxi's greed for not giving anything will eventually inevitably prevent the brothers from smashing the wall and courting!

Li Jianxi said coldly and resolutely, "No one would think that Li Mengxi is the eldest grandson of our Li family, and my eldest brother of Li Jianxi!", "He is already a person who has been kicked out of our house!!!", "Although he himself said that he is Samsung's eldest grandson and eldest son, but all his family members, including me, do not think so. We will never allow him to participate in the sacrifice of our family!!!"

The competition between Li Mengxi and Li Jianxi for the family property naturally also affected the company. It can be said that at this stage, the cj group is too unstable because of internal and external troubles. Therefore, the timing of Henry's acquisition of cj group is just right! When Henry expressed his intention to acquire the cj group, a large part of the cj group's shareholders were quite moved.

But Li Mengxi, as the company's largest shareholder, holds about 31.6% of the shares, and has a great say. At the same time, many shareholders are on his side. If Li Mengxi does not support Henry's acquisition of cj group, then the acquisition will be difficult!

In the first round of discussions, the price of 75% of the $5 billion acquisition did not satisfy Li Mengxi. If it were not for the Asian financial turmoil, the market value of the cj group would be at least $10 billion! In addition, the cj group is Li Mengxi’s career after setting up his own business, he will not give up easily! Therefore, the first round of negotiations ended in failure.

When Henry received the news, he frowned and began to think. During the Asian financial crisis, the cj group was far from bankruptcy. Henry has studied the development history of the cj group, which is basically based on the food industry and has developed step by step. Although it is also diversified, it is very stable and has not been aggressively developed. In addition, the main business of the cj group is food production. People can not entertain, but they have to eat. The loss of the cj group is small. Therefore, the cj group is pretty good, and it can survive the financial crisis.

Henry walked a few steps in the office, and suddenly thought that Li Mengxi and Samsung President Li Jianxi were competing for the family property. Isn't this just a breakthrough? Henry smiled slightly. If he could help Li Mengxi and Li Jianxi compete for the Samsung property, Li Mengxi might not value the cj group so much. Maybe he would agree to Henry's acquisition of cj.

At the same time, Samsung’s chairman Lee Kin-hee had Lee Meng-hee bothering him, distracting him, and Samsung’s development must have been much slower.

The fort is the easiest to break from the inside!

Li Bingzhe has three sons, the eldest son Li Mengxi, the second son Li Changxi, and the youngest is Li Jianxi. In the "Prince Rebellion" of the Samsung Empire that year, Li Bingzhe imprisoned Li Changxi in order to get Li Jianxi to power, and detained him in a mental hospital under the pretext that his eldest son Li Mengxi suffered from delusion. After Li Bingzhe's death, Li Jianxi successfully inherited Samsung. How can Li Jianxi's two brothers be convinced?

Now it's just Li Mengxi and Li Jianxi, Henry thought to his heart, also pull Li Changxi in, and challenge Li Jianxi together.

Wouldn't the three brothers "war" be more interesting?

However, it is still necessary to get Li Mengxi first and acquire the cj group in one fell swoop. Henry then sent someone to inform Li Mengxi, saying like this: "Mr. Li Mengxi, our boss, Mr. Williams, heard that you are fighting for property with Samsung President Li Jianxi. Therefore, he intends to take your side and use his personal connections and propaganda power. You support it! Of course, there is also the strongest legal team..."

Li Mengxi knows ~lightnovelpub.net~ There is no such thing as a pie in the sky, why would others help you for no reason? He felt like Spiegel in his heart. Since Henry expressed his support for him in this way, he must have asked for something, and he had to give something. Obviously, Henry wants to acquire the cj group...

That night, Li Mengxi stayed up all night, and he was thinking about this issue.

Henry, who was far away in the United States, leaned back in the chair lazily, looking like Zhizhu in his hand. He picked up the red wine glass on the table, took a sip, and smiled faintly at Kailena who was sitting aside: "Worse Xiaoqiang...hehe, Li Jianxi has some headaches. It seems that it won't be long before we will To win the cj group, Li Mengxi certainly can't let go of Samsung! There was an opportunity to be the "Samsung Emperor" before him, but he did not cherish it, and he regretted it until he lost it. If he was given another chance , He will definitely say, I want to get back what I lost!"

Kailena laughed when she heard the words "Punch". Obviously, she heard that Henry was teasing Li Mengxi with the classic dialogue of "A Great Journey to the West: Cinderella".

...

(To be continued.)