YM778.TV Chapter 645 - Trying to Take Revenge on Me?
Chapter 645: Trying to Take Revenge on Me?
Translator: Larbre Studio Editor: Larbre Studio
“Yes, I’ve heard about it. He really has a huge appetite,” Xu Xiyan said.
Yunhai Entertainment was different than it used to be.
After they had officially announced they would try to start acquiring smaller companies, it caused a huge commotion in the entertainment business.
Everyone knew that Yunhai used to belong to Huo Yunshen; it was the king of entertainment companies. But ever since Huo Yunshen left the company, they had gone through a huge change in their business policy and their staff.
Through the full authority that Huo Jingtang had, he fired all of Huo Yunshen’s supporters and managers.
Only people that Huo Jingtang trusted were left in Yunhai.
Most supported his decision to acquire Jingyue Entertainment during the executives’ conference.
He thought that it would be easy to purchase a company that only consisted of no more than 50 people.
Yet everything did not proceed as smoothly as he thought it would.
Huo Jingtang’s secretary rushed into the CEO’s office and reported, “Mr. Huo, it’s really bad. Something came up when we tried to purchase Jingyue Entertainment.”
“What came up?” Huo Jingtang asked as he looked down on his secretary.
“We might fail to purchase it,” the secretary said as sweat rolled down his forehead. He looked at Huo Jingtang with fear in his eyes.
“Fail?”
Huo Jingtang never allowed the word “failure” to be part of his life.
They’d already done the assessment of Jingyue Entertainment and knew of its assets. Acquiring Jingyue should be a walk in the park.
There was no way Yunhai would fail to purchase that kind of company,
“Have a look at this. The original assessment mentioned that Jingyue Entertainment’s registered capital is less than one billion yuan. But in just one night, Jingyue now controls a ton of subsidiaries.”
Huo Jingtang took the report and frowned after he had finished reading it.
Jingyue Entertainment began with only 3 employees and slowly increased to around 50 people. The expansion rate was normal, yet in just one night the company had gained control over a huge amount of subsidiaries.
Almost half of its subsidiaries were listed companies registered in other countries, while the others were subsidiaries of huge companies who had their businesses in Zstan’s top-tier cities. Some were even global franchised companies.
If Jingyue Entertainment kept expanding at that rate, it would soon become Jingyue Group.
There was no way that the acquisition case that Yunhai had prepared would be able to purchase Jingyue now that they’d suddenly increased their assets and categories.
“Have you found out who Jingyue Entertainment’s boss is?” Huo Jingtang asked.
They had investigated Jingyue in the past and knew that Xiao Yuqian was only the acting president for Jingyue Entertainment. She was not the juridical person for the company.
But because Jingyue had strict policies on controlling the information about their executives, Yunhai never found out who the real boss was.
“My apologies, but I still couldn’t find out who it is.”
Huo Jingtang remained silent for a few minutes as he began to analyze everything in his head. With how the celebrities had been acting for the past few weeks and people leaving Yunhai for other companies, Huo Jingtang thought of an almost impossible possibility.
“Huo Yunshen...could he be the one behind it? Could it be that he’s trying to destroy Yunhai using Jingyue, to take his revenge on me?”
“If that’s the case, then we’re in huge trouble,” the secretary said.