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 he doesn’t want to, I won’t force him either.”
After Jasper finished speaking, he looked a t Jodaville, who was still crying. He had a cold and merciless smile on the corner of his mouth.
“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 he wants to follow us.”
As soon as he 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 hurepeople 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.
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