Reinventing the Millennium.

Chapter 288 I am here to guide the work

Chapter 288 I am here to guide the work

Apple and Yike will meet and talk soon.

Unfortunately, Fang Zhuo did not see Jobs, but only a senior vice president of Apple.

The talks between the two sides were not too polite. Apple really wanted to acquire Yike, and gave a very sincere price to acquire 1.3% of Yike’s equity for US$100 million.

Yike, which has just completed its A round of financing, had a previous price of 8888 million US dollars, which also means that it now has a value increase of nearly 50.00%.

Apple is very sincere, saying that it can use cash or carry out partial equity replacement.

Moreover, the senior vice president of Apple expressed his appreciation for Fang Zhuo, and promised that Fang Zhuo could enter Apple with Yike and retain a certain degree of independence.

The brand of Yike will not be shelved, and will continue to operate in the market as a sub-brand.

Fang Zhuo was very moved.

Then... asked Apple to implement these conditions into the contract, and to conduct research within the company with the contract.

After all, Yike is not owned by Fang Zhuo alone, and there are several venture capital institutions. He must respect IDG, Xiangjiang Huanyu, Capital Today, and Shenxin Kechuang.

Yu Hong participated in the talks together.

After the end, she sighed a little preoccupied: "Wealth freedom, this is really wealth freedom, it is right in front of you."

Fang Zhuo sat silently in the car.

Yu Hong glanced at the boss carelessly, and continued to sigh: "It's hard to refuse, especially the other party promised to keep the Yike brand, which has to be tempting."

Fang Zhuo ignored her and discussed the contract with Kong Yu in a low voice.

Yu Hong took a sip of water and pursed her lips: "Mr. Fang, Apple recognizes Yi Ke and you very much."

"Have you ever used panda washing powder?" Fang Zhuo asked suddenly.

Yu Hong was at a loss for a moment: "Uh, panda washing powder... I seem to have used it when I was a child."

"It is used more in the north. It used to be the top three market share in the country. It was later acquired by Procter & Gamble. Without any formula improvement, the price was increased by 50%, and then it died."

Fang Zhuo introduced the situation of this domestic brand in a few words, and commented: "Don't believe the promise to keep the brand independent. Once the acquisition is completed, there are a hundred ways to make the brand disappear from the market."

He added: "There are too many such situations, and..."

Fang Zhuo paused, and realized that the example he wanted to give hadn’t happened yet, so he forcibly concluded: “So, don’t take it seriously, it’s really stupid to treat foreigners? Why leave a hole when you can eat the market by yourself ?Especially a company like Apple that emphasizes its own ecology.”

Yu Hong was very happy to hear this, but the boss was not tempted.

"As for the price, it's not bad, but if you look again, I think the $1.3 million still doesn't reflect Yike's current value." Fang Zhuo said with a smile, "Don't stop in the market, let's talk while we fight. "

Yu Hong understood: "You are trying to delay Apple's market response strategy!"

Kong Yu next to him chuckled, what's wrong with that, the boss wants a rock from him.

Fang Zhuo nodded and said, "That's right, the slower Apple's strategy is, the more we will sell, and the more we sell, the higher Apple's quotation will be."

Kong Yu suddenly hesitated, could this be the fundamental purpose of the boss, and Yu always knows the boss better than me?

Fang Zhuo chatted for a while, turned his head to talk about market strategy with the one on the left, and turned to talk about fund raising with the one on the right.

Grasp with both hands, both hands must be firm.

Regarding the reply to Apple's acquisition, Yike will fully discuss, study carefully, and consider pragmatically.

So, take some time.

The next meeting scheduled by Yike will be a week later.

Fang Zhuo hoped that Kong Yu could renegotiate a funding plan with the bank within a week.

However, before there was any movement from the bank, the SEC contacted by the law firm had feedback and would listen to Fang Zhuo’s acquisition statement and confidentiality application on May 5.

"I'll just read it from the script, so it's fine, right?"

Fang Zhuo got the manuscript first and found many dry clauses on it.

Martin, the barrister in charge of the acquisition case, nodded: "Yes, Mr. Fang, we have won the most space."

Fang Zhuo believes in the professionalism of the barristers in the law firm, but some difficult professional terms really need to be memorized again, so as not to affect their performance.

The president of Yike is actively and nervously entering the state of reading manuscripts and preparing for battle.

However... Standing in the SEC review office in Washington, D.C., after Fang Zhuo finished reading the manuscript smoothly, he heard the impatient voice of an reviewer.

"It's not the bills we want to hear, Mr. Oriental, but your reasons."

"How can we believe that you did not initiate an acquisition of a listed company, Sina, out of malicious intent?"

Fang Zhuo glanced at Lawyer Martin, who was also surprised, and knew that this was an unplanned situation.

He put down his manuscript, thinking that if he hadn't been sensitive, the nickname "Mr. Dongfang" could already reflect the other party's state of mind.

Fang Zhuo didn't panic, his thoughts turned quickly, and he raised a finger: "First..."

After a pause of only one second, the president of Yike has organized his words: "Sina is a small company with a market value of less than 5000 million US dollars. Even if it goes public, that's all."

"Secondly, Yike Technology, the company founded by me, has already surpassed Sina in its A-round financing value. Apple, another listed company, is negotiating with me about acquisitions. The valuation given by the other party is 1.3 million U.S. dollars, which is more than two Sina."

Seeing the questioning expressions on many people's faces, Fang Zhuo turned sideways and whispered a few words to the lawyer, asking him to go outside to find Kong Yu to get Apple's contract, and then emphasized loudly: "The acquisition negotiation contract I will show next is It is still in the confidential stage, it is only used to prove the authenticity of what I said, I hope everyone will keep it secret after reading it."

Taking advantage of the time when the lawyer went to get the contract, Fang Zhuo went on to say: "Yike is just a company I founded. I also founded an online medical company in China that has become the number one in the industry, and has successfully completed the first one. Second round of financing."

Another sitting reviewer asked with interest: "Online medical treatment?"

Fang Zhuo nodded, and introduced the development of Guahao.com familiarly, without mentioning any policy changes in the industry.

After talking about this, Apple's contract was also brought in.

The members of the SEC review team looked over one by one, some casually, some carefully.

Fang Zhuo waited until the contract passed to the last person, and still spoke in a loud voice: "So, the value of my company is higher than that of Sina. I have made achievements in not only one field, why should I maliciously target a small company?" Woolen cloth?"

"I'm not a barbarian at the gate of Sina, I'm here to help it."

"I'm not looking for a hostile takeover, I'm here to direct the work."

Fang Zhuo's posture is quite confident, and his expressions are straightforward, not at all reserved and euphemistic.

The stock price of Sina is listed on Nasdaq, and its situation reflects the views of Americans. Isn't it just a small company that was once on the verge of delisting?

And the results I have come up with, not to mention how condescending, are at least enough to complete the coverage in numbers.

Fang Zhuo saw the members of the SEC review team discussing with each other, and heard lawyer Martin next to him heaving a sigh of relief, knowing that the situation had slowly turned over.

 I'm busy on a business trip, I'm drunk, I'll be home tomorrow.

  
 
(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like