outburst! Twitter will reach a sale deal with Musk
On April 25, Beijing time, people familiar with the matter said that Twitter is discussing the sale of the company to Elon Musk, and the agreement may be finalized as soon as this week. The event changed dramatically 10 days after Musk announced his $43 billion acquisition of Twitter. Previously, Twitter also specially formulated a "poison pill plan" to prevent Musk's acquisition.
People familiar with the matter said that the two sides met on Sunday local time to discuss Musk's proposal and made progress, but there are still some issues that need to be resolved. There is no guarantee that they will reach an agreement at this time.
Xu Jiayin Brother Company was involved in more than 600 lawsuits, and 87% of the lawsuits occurred after the thunderstorm of Evergrande Group
Since the second half of 2021, Guangzhou Yaxu Decoration Engineering Co., Ltd. (hereinafter referred to as Guangzhou Yaxu), which is actually controlled by Xu Jiayin's brother Xu Jiaqin, has been sued by subcontractors across the country for more than 600 commercial invoices, arrears and construction disputes of varying amounts.
According to the industrial and commercial registration information, Xu Jiaqin is the majority shareholder of Guangzhou Yaxu, with a shareholding ratio of 80%, and the holder of the other 20% of the shares, Xu Huojian, is an executive of Guangzhou Evergrande Industrial Group, and the legal person of the company is Xu Jiayin's wife Ding Yumei.
According to the record of litigation registered and published by The Industrial and Commercial Register, Guangzhou Yaxu has a record of 670 lawsuits, of which more than 600 are defendants, 87% of the lawsuits occurred in August 2021, that is, after the thunderstorm of Evergrande Group, and the latest trial time for litigation on bill disputes has been scheduled to July 22, 2022.
ByteDance ushered in a new CFO
On April 25, ByteDance CEO Liang Rubo announced in an internal all-staff letter that Julie Gao, a senior partner at Skadden, a top global law firm, will join ByteDance as Chief Financial Officer (CFO) with its main offices in Hong Kong and Singapore.
In November last year, ByteDance adjusted the company's organizational structure, and TikTok CEO Zhou was no longer the CFO of ByteDance, and this position has been vacant for 5 months.
Liang Rubo said in the letter of all employees that since 2016, High Precision has cooperated with ByteDance's acquisition and financing projects many times, and is familiar with the company's mission, culture, team and business, "Julie has a lot of experience and thinking about corporate governance and enterprise development, and has provided advice and help to many companies at different stages, and I believe that her joining will bring great help to the company."