Story of a Big Player from Gangnam

Preparation for M&A (1)

(106)

I received a call that Hwang Byung-cheol's father, who left Kaist, died. The notice of the obituary was given by Cho Won Chul, chairman of the Western Parliament, a group of alumni.

“The funeral home is the road hospital because Hwang Byung-chul's parents still live in Incheon. ”

“Really? I'll be there tomorrow night. ”

“I'm going to go tomorrow night. From 7: 00 p.m. to 8: 00 p.m., I texted to meet at our alumni's funeral. I'll see you there. ”

“Yes, I understand. I think Hwang Byung-cheol was young. ”

“Liver cancer. Hwang Byung-cheol died less than 70 years ago because his father is a high school teacher and receives a lot of pensions. ”

Again, Gu Gu Cho sent me a harmony. in the name of CEO of GTH Development Co., Ltd.

When Gu Gong-ho went to the funeral, some of his classmates were already drunk and talking.

“Hey, Gunho, are you here? ”

Alumni definitely changed their attitude toward Gu Gu Cho. Even when I said mean things to others, I didn't say things to the Savior. There was also a classmate who secretly kissed Gu Gun Ho.

“Hey, you got eaten too, didn't you? ”

“Ceremony? Moon Jae Ceremony? ”

“A lot of people stood out because that jerk made a list of alumni. ”

“What? So you didn't make a list of alumni? ”

“I didn't send the money because I thought he did. ”

“Huh.”

“Gu Gu, you sent money, right? ”

“Yes, I did. ”

“How much did you spend? ”

“100,000 won.”

“Why 100,000 won? ”

“I sent a copy to my homeroom teacher for 100,000 won. ”

“You got him. He flew off with his friends' pockets. ”

“Where did you fly to? ”

“I don't know where they flew to. They twist their heads when they know. ”

Guggenho got caught drinking soju on a piece of waves in front.

“Moon Jae-Seok thought how much money he wanted. I remember a time when I used to take in the sun and not pay enough money to put it back on my card.

“Three, forty of your classmates. Less than two million won. I hope you succeed with that. ”

Gu Gu did not insult Moon Jae-ho, he seemed to understand his desperation.

After paying homage to the deceased a little later, they usually gathered in front of the Governor's Office.

“Hey, Gu Gu Gu Ho. ”

“Gunho, good to see you. ”

Gu Geunho only drank alcohol because of the misunderstanding of Moon Jae's ceremony.

Gu Gu said he had to get up because the house is far away. Hwang Byung-cheol came out with a resident head.

“Thank you. For coming. ”

Gu Gu gazed at Hwang Byung-chul. His glasses are thick and his lab work is tight, so he is fairly thin. My younger brother, who looks just like Hwang Byung-cheol, looked skinny.

I remembered Hwang Byung-chul who was praised by the principal because Gu Gun-ho was a hopeless student in the future. In high school, Hwang Byung-cheol was ranked first in the National Mathematics Contest. However, I couldn't figure out why Hwang Byung-cheol looked so miserable.

I got a call from Oh Se-young, chairman of the water wave industry.

“Can you meet him? ”

“I'll be right down. There are other companies that trade there, and they often go there. ”

“Oh, really? I'll wait, then.”

When Gu Gun Ho entered the water wave industry office, Kim Minhwa, the manager, knew about it. Gu gave a box to the account manager.

“Oh my, what is this? ”

“Miso confectionery. I bought one in the fabric. ”

“Haha, thank you. Sir, he's in your office.

Gu Gun Ho opened the door to the president's office. I thought I was dozing off because I saw the cremation's neck snap to the side. When the hook came in, it was shimmering.

“Thank you for coming. ”

“You're welcome. ”

“Can you help me with 200 million if my sister says I can't live because of you? I'll set you up with a fire protection apartment. ”

“You're giving me interest? ”

“We don't give a lot. I don't have any income now. I went into court and tied my salary to three million won so I don't have any money to spend. ”

“Very well, I'll give you the interest rate for one financial institution. You have conditions instead. ”

“Condition? What condition? ”

“Hire me. I will only work during court hours. “

“Well, that's a little bit. ”

“The outcome of the panel of investigators appointed by the court determines the company's future. If the liquidation value is high, the decision to initiate legal management will be revoked. ”

“Knng.”

“This company is likely to be air-degraded. “

“Hey, this company is 30 years old. It could still collapse. ”

“Once the creditors are in trouble, all the employees leave on the day they are canceled. There's no hope of getting paid. And then something like differential pressure comes in. ”

“Knng.”

“I'm going to join this company as an employee and try to get a sense of the nature of the bonds, the status of the accounts payable, and the due diligence of the assets. This will allow the selling process to proceed quickly, even if M&A announcements are made. ”

“Hmm.”

He looked at the ceiling, not like this and not like that. If I didn't hire a staff member, I felt like I was going to lose my job. Then I had a problem with my sister.

“Hiring employees should be discussed with the custodian sent by the court. ”

“Of course. Then I'll meet the Keeper in person. I assume you agree. ”

“I don't introduce myself because my manager and I don't get along. I have no reason to disagree and would rather welcome you as an employee. There's nothing wrong with me if I know money as well as you do. ”

I knocked on the janitor's room.

“Come in.”

The guard sat in a guest chair in front of the caretaker.

“I am Gu Gu, president, godfather. ”

Gu gave me a business card.

“I saw Old Master coming out of your room recently. This company has no business borrowing money now as a management company.

“I'm more interested in M&A than lending money. “

“We haven't finished investigating the members appointed by the court yet. ”

“The investigators are more likely to investigate the lack of viability, right? It's a company with no operating profit. ”

“I don't know. Because the investigation isn't finished. ”

“If rehabilitation planning is not feasible, you know that managers must carry out third party sales without delay, right? ”

“I know. I've done a lot of company managers. I've done a lot of banking. ”

“I met with the chairman and asked him to hire me as an employee here. Wouldn't it be great to be an employee and know the debt scale in advance in order to do M&A? ”

“Hm. So you're interested in acquiring a company. ”

“Yes, driving a third party sale quickly is also the way you score points in court. There is also the possibility that the manager will receive a success fee for the sale prior to the commencement of the rehabilitation process. ”

“Not a bad offer. If you just come in as an employee, you have to do something. The litigation position is empty. The person in charge of the job left because it was overwhelming. How would you like to know your debts and assets while you're working on a lawsuit? ”

“Sounds good. Hire only. Rank hopes to be Executive Director. ”

“You can't do that. Recruitment of officers before the commencement of rehabilitation is subject to court approval. ”

“Here's what you're going to do. He announces that he has joined the company as Managing Director, and reports that the court has hired a deputy director for litigation. ”

“Hmm.”

The caretaker turns the chair to the side and looks at you thinking.

“Did you say yes? Recruiting old boss as an employee. ”

“Yes, she says yes. ”

“Well, if you say yes, let's do it. I'll consult with the chairman first. I'll be in touch. ”

Gu Gu first lent 200 million won to the chairman and set up the fire protection apartment on the mortgage. When he received 200 million won, his face became brighter.

“Now I'm going to face my sister. ”

Gu Gun Ho returned to Seoul and waited for the waves to contact him.

“If you go in as an employee, will you let me work on the lawsuit? I'm in trouble because I don't know how to sue. How do I do that? Yes, there's the Chief Executive. Let's just use him. ”

The intention of the relief workers to enter the wave industry was to identify the debt or asset size of the company and avoid making mistakes, even if they were M&A. Another is to suppress the urge to sell Kumho Petrochemical shares.

‘If you get caught up in work, you won't have time to sell petrochemical stocks. Let's immerse the stock and see if it ripens this winter. “

I got a call from the janitor.

“Come to work next Monday. As promised, I will report your employment to the court as Head of Management in charge of litigation. I'm going to announce that I've hired a Managing Director inside the company, and I can't do that. because I'm a court-appointed person. The announcement will be announced when you view it. ”

“I understand.”

“Since you are hiring, you will need to bring your application. Bring your resume, ID, Social Security number, and final school diploma. ”

“I understand.”

“And I will have a six-month working contract period. ”

“Let's do that. Everything in it will be decided. ”

Gu Gu urgently summoned Director Kang and Jung-young.

“I'm not here tomorrow and I'm joining the Executive Director of a manufacturing company in Asan. ”

“Yes? What about here? ”

Both eyes widened.

“I'm going down because there are two of you. Just do your job and keep me posted on what's important. ”

‘How did that happen all of a sudden? ’

“It's a company that makes automotive parts called the wave industry, and it actually goes in to acquire them. ”

“Acquisition? How big is the company? If it were a manufacturing company, it would have more than 10 employees. ”

‘This company currently has 250 employees. “

“250 people?”

The two of them were greatly surprised and only faced each other.

Guggenho decided to stay in Asan, but he rented an apartment at the KTX station in Cheonan Asan. It was 25 square feet.

“It's been a while since I've built an apartment here. It's only a half hour to Seoul on KTX. ”

Gu Gun Ho went to work in the water wave industry.

On Monday morning, at the lookup time, 48 members of the management staff gathered. The majority of the production workers were managers, so there were not many. The chairman introduced the paramedics in front of the guards and staff.

“You will be executive director of our company going forward. My name is Gu Gun-ho, and I will be in charge of litigation primarily in our company."

Gu came forward and greeted the staff at a 90-degree angle. The staff applauded with a grave expression. The chairman continued.

“Er, Gu Gun-ho graduated from China School of Commerce and was a Managing Director of GTH Development, Inc. Have a nice day with you. ”

Gu Gun Ho said hello again.

Gu asked the account manager to file a lawsuit. There have been approximately 54 lawsuits in progress.

Gu Gu categorized the incoming lawsuit,.

“16 payroll bonds and all the rest are commercial bonds. ”

Gu Gu called the secretary of Segil Lee.

“Oh, are you the old boss? I'm in Seocho-dong. Let's have lunch together. I can now walk to Gangnam Station in 15 minutes. ”

“No, that's not it. I'm in Asan. I stepped in as an employee for a company called M&A. ”

“Oh, really? ”

"Do you want to meet at Seoul Station if you have time? I'll buy you something delicious. I need some legal advice. “

“Sure. I don't have a job today either. Good. ”

Gu took out the KTX train with all the waterwave litigation documents in his travel bag. Gu Gun Ho met with the secretary at Pascozzi Coffee Shop in Seoul Station's Great Hall.

“What's all this? ‘

“This is a lawsuit.”

Gu showed each of the litigation documents to the secretary.