Jasper said calmly, “I am a businessman and the thing I want to do is buy something that I value, but I am not a robber. After I get something I want, I will not do anything over the line.”
“As the chairman of Nokia, Mr. Jodaville owns a lot of Nokia shares. After this acquisition is completed, Nokia’s stock price will inevitably rise. If Mr. Jodaville is willing, I can buy his shares at 1.5 times the market price of the tender offer. If favonovel.com doesn’t want to, I won’t force favonovel.com either.”
After Jasper finished speaking, favonovel.com looked at Jodaville, who was still crying. He had a cold and merciless smile on the corner of his month.
“However, I plan to issue additional shares for Nokia in the near future to strengthen the absolute equity holdings of the new board of directors. At that time, it will be up to Mr. Jodaville whether favonovel.com wants to follow us.”
As soon as favonovel.com made this remark, it mentally murdered everyone present and destroyed their souls.
They all took a breath.
Jasper was trying to exterminate all Nokia shareholders who did not obey him.
The way this so called equity issuance worked was, for example, if Nokia now had a total share capital of 1 million, so Jasper would hold 50% of the shares and Jodaville would hold 50% of the shares. Hence, the two would hold shares worth 500 thousand each.
Jasper was now proposing to issue an additional 1 million share capital. If Jodaville did not follow suit, then Nokia’s total share capital would be 2 million and Jasper’s share would increase to 75% while Jodaville’s would decrease to 25%.
If Jodaville followed, then Nokia’s total equity would grow to 3 million. After Jasper and Jodaville each invested 1 million, their shareholding ratio would maintain at 50% each.
The additional issuance of equity was simply a trick to hurt people with the capital. The core gameplay was very simple and there was only one rule, which was to see who had more money.
Was it possible that Jodaville had more money than Jasper?
Impossible!
At that point in time several truly rich holding companies, such as the Finland National Social Security Fund, had almost the same amount of funds as the social security funds across the country. Its capital was extremely strong, so while it was still around, Jasper would not dare to play like this even if his wealth was multiplied ten times. On the contrary, favonovel.com would have to
worry about the social security fund because they might make favonovel.com lose his life and property.
However, now the several large and rich holding companies had sold their shares to Jasper and left the market, so naturally, it was Jasper who had the final say.
Jodaville, who was sobbing, looked up at Jasper in disbelief and said, “You can’t do this!”
“Why not? Which law stipulates that as a major shareholder, I cannot propose a share capital increase? This matter will be decided as soon as it is passed at the shareholders’ meeting. Mr. Jodaville, do you still expect me to let the shareholders who oppose me stay in the general meeting?”
Jodaville roared, “You will get retribution!”
“Then let retribution come quickly.”
Jasper answered blankly, shook hands with Dalvira again, turned, and left.
Reynoldson glanced at the agitated and grumpy Jodaville, shook his head, and followed along.
The moment Jasper opened the door, the flashes outside flickered wildly, illuminating the hall as bright as day. The eliciting sound of cameras was everywhere and Jasper subconsciously blocked his eyes with his hands. Then countless cameras appeared in front of favonovel.com like magic.
Reporters from all over the world frantically tried to push their microphones in front of Jasper’s mouth. “Mr. Laine, did your acquisition of Nokia succeed this time?”
“How was the negotiation between you and Finland National Social Security Fund, Mr. Laine? Is there any news you can share with us?”
“Excuse me, Mr. Laine, does this acquisition of Nokia by JW mean that JW will enter the mobile phone production industry? But as far as we know, JW is not strong in this industry, so this acquisition is a capitalist act, or is JW really optimistic about the mobile phone industry?”
