"Furthermore, you should know how large our Penguin's QQ and WeChat user base is. If we channel traffic to Yunhai Literature, imagine how many people would switch to Yunhai Literature. Add to that the welfare benefits we're offering, which are far better than what Shengda Literature can provide. What can you possibly compete with us?" Han Jun further pressured.
At this, Huang Chi and the other shareholders' expressions grew even uglier.
Penguin was splashing out so much cash; they truly couldn't withstand it.
If the acquisition talks really broke down and Penguin Investments went ahead and acquired Yunhai Literature, pouring in that much money...
By then, Shengda Literature's market value would definitely shrink, and sharply at that.
Those wanting to cash out and exit would find it not so easy, and the price would definitely be low, possibly even cut in half.
Thinking this way, they actually felt that five billion was already a good deal.
