Chapter 71 - Acquiring Lin Corporation!

Soon, the financial department of the Lin Group had transferred all the debts owed to the top four banks.

After confirming the accuracy, You Wan said to Huang Zongsheng:

“Brother Huang, the bank’s business is now taken care of.”

Yang Yuhong said excitedly:

“Brother Huang, I guarantee that the cash flow of the Lin Group is now completely dried up.”

Huang Zongsheng sneered.

“Good.”

The Lin Group, a thorn in the side, was finally going to be removed, making the City Subway Line 10 project free from competitors.

Most importantly, he had completed the task assigned by “that person,” and from then on, Zongsheng Group would soar high.

“President Lin, the Lin Group is completely out of money now.

Now, I give you two choices.

One is that you declare bankruptcy and I can offer you a nice price, ensuring that your Lin family is provided for the rest of your lives.”

“The second one, I will buy out your Lin Group’s shares.

Your Group’s shares are almost worthless now, and even if I buy them all, it won’t cost much, just a waste of some time.”

“Choose for yourself.”

At this point, did Lin Luoluo have a choice?

She could only choose the first option, at least, to ensure the future livelihood of the Lin family.

However, Zhou Yu suddenly spoke up.

“Bankruptcy is not possible.

If you dare, come and acquire us.”

Zhou Yu’s comment came very suddenly.

Lin Luoluo panicked.

“Shut up!

Do you really want to cut off all future paths for the Lin family?”

Zhou Yu shook his head, looking deeply at Lin Luoluo.

“Remember what Grandfather said?

People from the Lin family can’t lose their dignity.”

“You!!!” Lin Luoluo trembled with fury.

Zhou Yu actually used Grandfather’s words to teach her.

At this moment, Huang Zongsheng scoffed.

“Is this your choice?

Haha, congratulations, the Lin family will end up on the streets.”

“Really?” Zhou Yu scoffed.

“I want to see how the Lin family ends up on the streets.”

“Hmph, you won’t cry until you see the coffin.

With the current share price of the Lin Group, I can swallow it up for not even a billion.”

Huang Zongsheng’s face was mocking, and then he directly instructed his subordinates to start buying up Lin Group shares.

Under everyone’s watchful eyes, stock market updates kept coming in.

“Mr.

Huang, we’ve successfully acquired 10% of the shares, spending less than ten million.”

Half an hour later.

“Another 10% bought, this time only costing five million.”

“Haha, the market’s panic is coming faster than I expected.

Looks like I can acquire 51% of Lin Group with just thirty million.”

Huang Zongsheng watched Zhou Yu with a mocking face.

“I was originally planning to offer one billion to buy the Lin Group, thanks to you, I’ve saved this money.”

Lin Luoluo’s face went pale in despair.

The Lin Group has operated for thirty years with extensive assets.

Even if they went bankrupt and auctioned off everything, they could have made several billion.

With that money, there was a chance for the Lin Family to turn over a new leaf.

Now, thanks to Zhou Yu insisting on a hard fight with Huang Zongsheng, the Lin family was going to lose even this last bit of capital.

Lin Luoluo glared bitterly at Zhou Yu, yet Zhou Yu remained calm.

After a while, stock market updates came again.

“Mr.

Huang, Lin Group’s share price has started to rise, this time 10% cost thirty million.”

Huang Zongsheng’s eyes narrowed slightly.

“Don’t worry, continue buying, these are just some bold retail investors, let them drink some soup too.”

“Yes.”

But after a while.

“Mr.

Huang, Lin Group’s share price has risen too fast, this time buying 5% cost almost eighty million, should we continue?”

Huang Zongsheng’s face darkened.

“Damn these damn retail investors, they actually have such courage, still not selling?”

Zhou Yu scoffed:

“What’s the matter?

Out of money?”

In front of so many people, Huang Zongsheng couldn’t afford to lose face.

“Hmph, I have plenty of money, keep buying.”

Soon, more news came.

“Mr.

Huang, Lin Group’s share price is still rising, this time it cost two billion to buy just 5%, should we… continue?”

Having already acquired 45%, to give up now would just mean lining Lin Group’s pockets.

Huang Zongsheng gritted his teeth:

“Continue buying.”

Everyone hadn’t expected that Huang Zongsheng’s acquisition of the almost bankrupt Lin Group would also encounter surprises.

They immediately took out their phones to check the stock price of Lin Group.

Unbeknownst to them, per a glance, Lin Group’s share price shot up like a rocket, its red line soaring vertically every second.

“Mr.

Huang, this time it cost ten billion but only acquired…

3%, should we continue?”

“What???”

Huang Zongsheng’s face turned extremely grim.

It turned out, it had cost over thirteen billion already.

Even if Zongsheng Group was wealthy, it couldn’t sustain such spending.

But having already acquired 48%, could he just give up?

Giving up would mean he was investing thirteen billion to become the second largest shareholder of Lin Group.

Wasn’t that a foolish move?

“What’s the matter?

You don’t dare anymore?

Or is it that you’re out of money?”

Zhou Yu continued to fan the flames.

Lin Luoluo furrowed her brows.

This stock price seemed wrong, it looked like a trap that Huang Zongsheng had been lured into step by step.

But to set up such a plot, who had that kind of capability?

She stared intensely at Zhou Yu.

Could it be him?

Impossible, right?

How could a country bumpkin have such a level of operational skill?

While Lin Luoluo was shocked, more news came.

“Mr.

Huang, bad news, Lin Group’s share price has risen too high, now to acquire another 3%, it needs thirty billion, and even then it’s not guaranteed!”

“What??” Huang Zongsheng was utterly dumbstruck.

He finally realized something was wrong.

He glared furiously at Zhou Yu.

“Is this… your trick?”