The net will take the absolute holding of Mai Lin to integrate various resources

During the Spring Festival, the first stock of the company announced that many of its shareholders have been with the Nanjing business District network reached a fixed stock purchase agreement. Once the deal is completed, the control of Macaulay will be transferred.

Since the acquisition has not been approved, the MAI Lin has no relevant information disclosed.

In the industry's view, for the continued loss of Macaulay, compared to privatization, the sale is a better choice. And from the point of view of the net, because of the three cell group has 3C chain of three cells, in the development of the Internet under the general direction, or the use of the resources of the MAI test forest to open up the line under the road.

The net of the business circle will be absolute holding Mai Lin

According to the information previously published by Macaulay, several shareholders have reached a confirmed stock purchase agreement with the network of business circles on January 29, 2014.

According to the public information, the website of the business Circle is to agree to purchase 290.5 million shares of common stock from the current shareholders of Mai Lin at about 39 million dollars ' cash price, accounting for 63.7% of the common stock issued and circulated by Mai.

The daily economic news reporter learned that because it was a private transaction, it was not necessary to comply with the registration requirements of the US Securities Act of 1933. Once the transaction is completed, it means that the control of the Macaulay will be transferred. The acquisition and sale is expected to be completed in the second quarter of 2014, but it still needs to meet specific completion conditions, including approval by Chinese authorities.

Business Circle is located in Nanjing, is an integrated marketing platform for enterprises and consumers. Business Circle Network E-commerce Co., Ltd. was launched by the three cell group, and combined with the Nanjing Xin Jie Kou District, the core of several commercial enterprises, with the Government venture to participate in the establishment. The three cell group is a wholly-owned subsidiary of the company's listed companies, the main 3C consumer electronics products and services.

According to the network of business circles, the above acquisition is the joint decision of its shareholders, the current procedures are still in the process of approval, the matter is advanced will disclose details to the outside world.

Macaulay told the Daily Economic news reporter that the situation is indeed the case. After the successful transaction, the net of the business circle is absolutely holding Macaulay. As for whether it will affect the subsequent operation of the Mai Lam, Macaulay said there is no new information available.

Macaulay also said that the current Mai Lin in the channels and products still maintain the strategy developed last year. However, in the long run, the new shareholders will have their own ideas and will formulate new strategies accordingly.

Wang Yahi, an analyst, told reporters that Macaulay now has a very low valuation in the US stock market and has basically no investment value. He said the market had been rumoured to have speculated that Macaulay might choose a way to privatize and sell. But it is a relatively good option to be acquired after privatization, because "brands and assets can be consolidated again." ”

Business Circle Network to integrate various resources

Although they are all electric dealers, but the model of the MAI Lin and the network is completely different. As we all know, Macaulay Forest is for the national market to do, Business circle is targeted at the regional market, through the entity to provide integrated marketing platform, the construction of online trading platform and ancillary services, the purpose is to Nanjing, the real area of the shopping district to draw passenger flow, do is O2O.

"Daily economic news" reporter learned that at present, the business district network focused on the Nanjing Xin Jie Kou business district, the future, the network will be in the national large and medium-sized City main business Circle replication.

In fact, the network of business circles also said that the company's acquisition of Wheat forest, based on talent, channels, resources and other comprehensive factors considered. The future plans to use the resources of Macaulay, while combining their own business, company planning, continue to deep O2O business.

Electric Business observer Ruzenwang to reporters, "(Macaulay) is likely to become a line to get through the platform, specific to see how the Business network operation, it has a grand three cell 3C store resources, there are central market such resources." ”

In this regard, the Business Circle spokesperson Zhu Wei told the "Daily Economic news" reporter, the acquisition of Mai Lin is a comprehensive consideration of the decision. "There are a lot of companies with shareholders, and they will certainly integrate many resources to better integrate traditional retailing with the internet, not just which business." ”