Chapter 2074: Quick Decision
After deciding to help Ejason achieve the three goals and get the opportunity to pursue Liyouya, Lin Feng and Ellison immediately took action.
The first goal was to help the Hearst family defeat Pulitzer. Lin Feng and Ellison immediately used all their connections and intelligence systems to collect relevant intelligence. According to the summary of intelligence from both sides, the Pulitzer family, like the Hearst family, was not in a very good situation. Although the two families were newspaper tycoons before, with the death of the soul figures of the two families and the rise of new tycoons such as Murdoch, the two families can only be regarded as barely maintaining their status as newspaper tycoons, which is far from their heyday.
However, even so, it is not a simple matter to help the Hearst family defeat Pulitzer. Both parties sell newspapers. If they want the other party to fall, they must break out a scandal, affect their image, and no readers will subscribe to it. Well, to do this, it is not difficult for Lin Feng and Ellison to do it. As long as the Pulitzer family scandals continue to spread in the market, and send people to instigate the Hearst family to make the wrong choice at the critical moment, it will be like William Hearst's decision to support Germany in the "Second World War...", which was the most ridiculous decision. At that time, William... Hearst's decision directly led to the bankruptcy of the New York News.
Through these means, the market share of the Pulitzer family newspaper industry can be gradually weakened, and eventually it will be declared bankrupt due to its numerous failures. This is a good method, especially in such a competitive media era today. Not to mention Lin Feng and Ellison, I am afraid that the Pulitzer family itself may make mistakes. But this move takes too long. It may be as short as three to five years or as long as seven or eight years. And at Ellison's age, if he waits another seven or eight years, wouldn't it be too late for the yellow flower tea.
Although Lydia said that she would not date anyone until Ellison gave up pursuing her. But even after seven or eight years, Lydia is only less than 18 years old, very young. On the contrary, Ellison has already been a blade. Even if he could catch up with Lydia, what would happen? I'm afraid he could only talk about love.
So, we must cut the Gordian knot and fight to the end.
"Lin, do you have any good ideas?" Ellison asked.
"Ellison, there is only one way to quickly solve the Pulitzer family... to attack Pulitzer Company through the financial market. At present, the share price of Pulitzer Company is about 72 US dollars, and its overdue bank assets are as high as 600 million US dollars, and its debt ratio is as high as 18%, which is an extremely threatening figure. As long as we snipe their stocks in the financial market and force their share prices to fall below the blade dollar, the bank will demand debt. At that time, the Pulitzer family will be in a mess. You know, their soul figure Jay Pulitzer has just passed away, and the family is currently in chaos because of the struggle for the person in power. This is an opportunity!" Lin Feng's eyes flashed with a strange light.
Ellison's eyes were also sharp. Whoever blocked his pursuit of love, he would defeat him. Just like his business motto: I need more than just success, everyone else must fail.
"By the way, Ellison, if you really want to completely conquer Lydia, and let her not only give you a chance, but also completely fall in love with you, I think we can not only defeat Pulitzer, but also do more. At least let your father-in-law Austin have nothing to say." Lin Feng's mouth curled slightly.
"What do you mean? Do you have any other plans?" Ellison's eyes flashed with an indescribable light. Based on his understanding of Lin Feng, when Lin Feng's face showed such a smile, it usually meant that Lin Feng had some disgusting ideas.
"Your future father-in-law..."
"Hey, can you stop mentioning future father-in-law all the time, please? I don't like it!" Ellison said depressedly.
Isn't it true? Austin is a few years younger than Ellison. The two sides have been friends for the past twenty years. Suddenly he became his father-in-law, twice his seniority. This made Ellison a little bit unacceptable for a while. "Okay, okay, I won't mention it. But sooner or later, he will be your father-in-law. "Lin Feng muttered, and Ellison naturally had a headache.
"If you want Austin to completely accept your identity and make Lydia completely fascinated by you, the best way is to give Pulitzer Company to Lydia as your proposal gift!" Lin Feng said.
What? Give Pulitzer Company to Lydia as a proposal gift! Ellison was surprised when he heard it at first, but then he was very excited. If Pulitzer Company is really given to Lydia, it will really be the best proposal gift. Well, think about it, the two families have been fighting in the newspaper industry for a lifetime, and finally all the newspapers under Pulitzer Company were annexed by the Hearst family. Wow, how sincere it is! This is exciting to think about, and Ellison can imagine the light on the face of his old friend Austin.
"Okay, let's do it. But if we go to acquire it, I'm afraid Pulitzer may not sell it. "Ellison asked hesitantly.
Although the Pulitzer family is not as good as before, it is not a small role that can be manipulated by others. If they knew that it was only him and Lin Feng who sniped their stocks and wanted to buy them, they would definitely not sell them to him. At that time, who knows, the Pulitzer family might prefer to sell the family real estate to repay the debt and maintain the operation of Pulitzer Company. The total assets of all the real estate of the Pulitzer family add up to as much as 100 million US dollars. If they continue to fight, when will it end?
"Haha, don't worry. I've thought of this a long time ago. We can buy off another newspaper company. When we are almost done with the sniping and want to acquire it, this newspaper company will come forward to compete with us. I think Pulitzer Company should be sold. Then we can give it to Lydia!" Lin Feng said confidently.
Ellison patted his palm
"Not only that, I heard that the Pulitzer family is in turmoil. Since Jay died, because of inheritance and other reasons, one of his granddaughters named Lesser is said to be planning to sue her father and some cousins in court, accusing them of seizing her legal inheritance rights and privately transferring billions of dollars. I think this is also something we can use. Let the entire Pulitzer family be in chaos, preferably torn apart, so that Austin will be more relieved." Ellison's eyes flashed with a sharp light.
"Haha, yes, this is also a way. In this way, we will go long together, leave the stock market to me, and leave the matter of inciting rebellion to you." Lin Feng laughed.
Then Lin Feng and Ellison jointly took out 100 million US dollars, and Lin Feng entrusted Soros to attack Pulitzer's stock. With the huge funds of 100 million US dollars, and Soros's financial genius and the cost-free attack, Pulitzer's stock plummeted in just a few days. At the same time, all kinds of negative news were hanging in the world. It was said that the Pulitzer family was in turmoil and fighting for the position of chairman. Some people claimed that some of Pulitzer's heirs were ready to sell the company and enjoy life.
All kinds of negative news were overwhelming, making the Pulitzer family members dizzy. They didn't understand why there were so many negative news suddenly, and there were people who attacked their company's stocks at all costs. What happened to all this?
Originally, they had the opportunity to fight back. After all, Pulitzer, as a company with many years of history, still had a good reputation and good image in the hearts of investors, but the Pulitzer family argued over who would be the spokesperson. After all, at this time, whoever stood up would be the undisputed spokesperson for Pulitzer. Therefore, internal fighting is not good.
In addition to this opponent, Lessel directly sued his father Robert, cousins and half of his brothers and sisters. Half of the core members of the Pulitzer family were sued by him, which instantly became a hot topic around the world.
Faced with Lessel's accusation, the entire Pulitzer family rioted. They denounced Lessel's shamelessness and ungratefulness, especially his father Robert, who was so angry that he rushed directly to Lessel's crew to curse his father and mother. As a result, this farce of family members directly ruined Lessel's new play as an actor, which also made Lessel hate these relatives who had increased his assets even more.
As a result, naturally, the two sides quarreled. At this time, who would care about Pulitzer Company? After all, the total assets of Pulitzer Company are only US$1 billion, and this is the previous price. Now, it is estimated to be around US$800 million. The assets of the entire Pulitzer family are US$1 billion. It is easy to tell which is more important.
Under such circumstances, Lin Feng and Ellison would naturally not let go. They continued to spread the news of the internal strife of the Pulitzer family and continued to suppress it at all costs. In the end, they successfully suppressed the stock price of Pulitzer Company to below US$1.50. At this time, Ellison used his influence in the banking industry to urge the bank to ask Pulitzer Company to repay its debts, causing the stock price of Pulitzer Company to drop even lower. Finally, a newspaper company that had been found in advance came to negotiate the acquisition of Pulitzer Company and offered a "high price" of US$45 per share.
Under the pressure of banks forcing debts, plummeting stock prices, and nieces' appeals, many Pulitzer family members of Pulitzer Company unanimously agreed to sell Pulitzer Company to this company that was not very famous in the American newspaper industry. The transaction price was US$1.2 billion per share, totaling US$1.2 billion. Its subordinate newspapers such as the St. Louis Post-Dispatch and the Arizona Daily Star naturally belonged to the acquired newspaper company.
At this point, a newspaper company with many years of history disappeared. But at this time, the whole Pulitzer Company farce has not yet ended, and the lawsuit is still going on. The whole city is watching, paying close attention to how this farce will eventually turn out.
Of course, at this time, it has nothing to do with Lin Feng and Ellison. If the Pulitzer family wants to make a fuss, just wait for them to make a fuss. To be continued