The Age of Rebirth

Chapter 464 Uniform Clauses
When Li Weidong announced that he would sell the Yahoo stock he held in his hand, there were many consortiums interested in it. After the first round of contacts, a preliminary acquisition intention was reached.

At this time, in order to maintain fairness and justice and protect the interests of retail investors, it is necessary to announce to the public according to regulations, and apply for the suspension of stock trading until the purpose of the acquisition is achieved, or the acquisition is terminated.

The closing price on the day Yahoo announced the suspension was 373.25, while the MA10 was 394.41. This price has dropped a lot from the highest point of 507.

Of course, this highest point does not mean much to Li Weidong. If he only has a few hundred shares, thousands of shares, or even tens of thousands of shares, he can cash out at the high point.

But now he has more than 500 million shares in his hand. If he wants to cash out, it is estimated that the price will drop to double digits at once, and the regulatory authorities will not allow him to do so.

Therefore, the real-time price is not very meaningful, which is why most purchases are based on the [-]-day price or the [-]-day price.

It is fairer for both parties to lengthen the timeline and avoid big ups and downs!

However, the initial quotation is generally based on testing, and the prices in the heart of each consortium are different, and the quotations vary greatly.

The highest offer is 390 from the Yahoo Group itself. In theory, the existing shareholders of the Yahoo Group have a certain priority at the same price.

And in order to reflect the management's firm optimism for the company's future, the price will naturally be appropriately higher, which is also beneficial to them.

The lowest offer was made by SoftBank Group, which is also a shareholder of Yahoo! It was only 370, which was lower than the closing price of the day!

Because of Li Weidong's early participation, he gave Yahoo great financial support at the beginning of the venture, so in the previous rounds of financing, there were almost no opportunities for other investment structures.

Softbank was only able to invest together with several venture capital investors in the last round of strategic financing before Yahoo's listing, and the shareholding ratio was very small.

If it weren't for the invisible support that these venture capital institutions would give when Yahoo went public, it is estimated that this round of financing would not have their business.

In many cases, financing is not just for money, but for the introduction of shareholders who can provide necessary non-financial resources for the company's development.

Although the initial quotation is not the final price, they are all quoted at such a discounted price. The suspicion of lowering the price is very obvious. They are sure that Anma Capital will not sell so many stocks in the secondary market.

Firstly, whether the market can get such a large transaction in a short period of time will have a great impact on the stock price. Secondly, there are compliance issues. Selling so many stocks is definitely not arbitrary, and the supervision is also very strict.

Of course, this is also the purpose of the negotiation. If you directly offer a high price, then there is no bargaining chip to negotiate, and you have to leave room for bargaining when buying a dish.

But now there are many powerful asset management companies joining in, which seems to have caused a lot of uncontrollable new quotations.

It is estimated that this is what Yahoo's management team and entrepreneurial team would like to see. After all, a scattered shareholder with a small share of stock is more beneficial to them.

In recent days, they have suffered a lot. Li Weidong did not vote in favor of many major acquisitions, making it difficult for their decisions to pass.

Now they absolutely don't want to have another major shareholder holding nearly 30% of the shares, and they don't want this shareholder to have too many nomination rights and voting rights in the board of directors.

However, with the increasing number of companies involved, whether Yahoo's management team will acquire some stocks to increase its right to speak is an uncontrollable factor.

In short, everything has two sides, not to mention that business matters are more complicated, which also reflects the charm of doing business in pursuit of profit maximization.

Jiang Zhili pondered for a while and said, "There is no official quotation yet, and it is a secret to them, but most organizations have promised to quote a satisfactory price!"

Li Weidong asked, Jiang Zhili had to say it, but he hadn't reached the final offer yet, and he couldn't say enough, so he could only deal with it with such ambiguous words.

Hearing Jiang Zhili's words, Li Weidong was also a little embarrassed, knowing that he was mentally retarded when he asked this question, but according to this meaning, the quotation this time is higher than the last time.

"According to the process, we will continue to discuss the business terms tomorrow. All bidders are within the same terms, including the payment method!"

"If it goes well, we will be able to make a quotation as early as the day after tomorrow, or the day after tomorrow. If we have no objection to the price, we can sign a contract!"

"Then submit the contract to the exchange for review. If there is no problem, the transfer procedures can be completed within a week!" Jiang Zhili introduced.

After Li Weidong finished listening, he took out a cigarette, lit it with Zhang Dongshuo's match, frowned, took two puffs, and then walked around the room a few times.

This speed should be considered relatively fast, after all, it is such a large amount of transactions, and Jiang Zhili and the others are not doing this kind of thing anymore, the process is very familiar.

If there are two or three quotations, it will take longer, and it will take at least two weeks to start. Li Weidong certainly can't wait that long.

"You tell them tomorrow that there is only one chance to bid, if it is not suitable, we will not sell it!" Li Weidong finally said.

"Not for sale?" Jiang Zhili didn't quite understand the authenticity of Li Weidong's words. Did he really think so, or was it a strategy.

"Yes, just tell them that!" What Li Weidong wanted was this result, which was ambiguous and false.

It is not necessarily true to set a price once, and it is also false not to sell it if it is not suitable. The decision lies with Li Weidong, and no one will know if he does not say.

Jiang Zhili himself is guessing, others are even more uncertain, and Li Weidong is almost a rare commodity to live in now, he has a lot of autonomy.

"Yes!" Jiang Zhili probably understood in his heart, but he didn't dare to be completely sure. According to Li Weidong's words, he could act.

"Go eat, is there anything delicious here?" Li Weidong rubbed his stomach and suggested that he was already hungry after a lot of activities today.

"Chairman, it has been arranged. There is a Chinese restaurant here, and the dishes are very authentic!" Jiang Zhili said with a smile, he was afraid that Li Weidong would not be used to Western food.

Li Weidong waved his hand and said: "When you come here, you have to eat the dishes here. I still use here for Chinese food. No matter how authentic the food here is, it can be authentic in China!"

Although Li Weidong doesn't like western food very much, it's good to eat it once in a while. What annoys him is that there are too many things to eat western food. have to change.

After Jiang Zhili finished listening, he looked at Zhang Dongshuo in a daze. The information provided was a bit inaccurate, and he had inquired specifically.

Zhang Dongshuo was also a little confused. When they went abroad with Li Weidong, Li Weidong almost degraded Western food to nothing in his words.

However, Jiang Zhili's face remained unchanged, and he quickly said with a smile: "The chairman is right, that is, it's okay here, and it can't compare with ordinary restaurants in China!"

Then he continued: "It's easy to eat western food. The western food in this hotel is very good. It has even hosted the president. I'll call now to book a seat!"

It would be great if Li Weidong liked to eat western food. If he had known Jiang Zhili earlier, he would not have to think about it for a long time, so he called Zhang Dongshuo for consultation.

"Let's go, my treat!" Li Weidong waved his hand and took the lead towards the door.

Several people walked out of the room, Zou Yi's room was next to Li Weidong's room, Jiang Zhili went to knock on the door, the door was quickly opened from the inside, and Zou Yi's assistant came out.

Seeing that it was Li Weidong, he immediately greeted him with a smile, and a voice came from inside, asking, "Is it Mr. Jiang?"

"It's the chairman and Mr. Jiang!" The assistant hurriedly turned around and said after hearing this.

"Old Comrade Zou, let's cook!" Before Zou Yi could speak, Li Weidong shouted loudly outside, and the people next to him forced themselves to laugh.

Li Weidong didn't go in without authorization. Please don't enter the lady's room. It would be embarrassing if there was anything wrong with it.

However, Li Weidong was obviously worried too much. As soon as his words fell, Zou Yi and Fu Xiaomin had already walked to the door with their coats.

"The chairman is really..." It was obvious that Zou Yi was very dissatisfied with Li Weidong calling her "Old Zou", and making a lot of noise in such a high-end hotel, are you polite?
"What's the matter, what's the problem with having a meal, besides, you must have a full dinner, or you will easily suffer from insomnia!" Li Weidong still didn't know what went wrong with him.

"It's okay, it's okay, you're right!" Zou Yi felt that he and Li Weidong were not on the same channel.

"That's enough. I heard that you are working very hard today. I will treat you tonight. Eat whatever is expensive. Don't save me money!"

Jiang Zhili is half of the host, but he has no right to speak on this matter. Unless he pays for the treat himself, it is all Li Weidong's money.

Of course you can pay out of your own pocket, but Li Weidong has already said that he treats guests, and Jiang Zhili has to say that he treats guests without being ignorant of current affairs!

The hotel's restaurants are located below the seventh floor, and the most luxurious restaurants are on the seventh floor. When you get out of the elevator, two waiters will guide you into the dining room.

After entering the private room, Li Weidong could understand his confidence to receive the president. This is not a private room, it is simply a restaurant!
There is also a pianist playing the piano next to it, and the beautiful music permeates the whole box, and with the elegant and grand decoration of the whole box, a sense of dignity emerges spontaneously.

In this kind of place, eating is only secondary, and enjoying life is the real thing. In capitalism, it is really good to have money, and you can spend money after every meal.

However, the taste of what they cook is really good, and there are almost no faults. Of course, the final bill also made Li Weidong feel heartbroken.

One meal cost an elementary school, and a bottle of wine was more than 5 yuan. These people are simply too prodigal, and they only look for expensive dishes.

But he is not short of money, so he should reward these subordinates!
The next day, Li Weidong woke up very early, the jet lag was completely messed up, he didn't feel sleepy when it was dark, and he didn't wake up at dawn, so he forced himself to sleep, and finally stayed until dawn.

Jiang Zhili made an appointment with guests at nine o'clock, and Li Weidong arrived at the company after eight o'clock, and naturally occupied his office.

Although he won't attend the meeting and won't show up, people still have to come, and they have to be backed up. Any questions that come to him must be closed. He is the one who makes up his mind.

Of course, his not showing up doesn't mean he won't participate. Li Weidong asked Zhang Dongshuo to go in and listen, so as to get first-hand information at any time.

Li Weidong watched these people enter the meeting room one after another through the one-way window, as if he saw countless dollars flying into his pocket.

More than 30 companies, calculated in terms of scale, have gathered almost half of the entire asset management and investment management industry.

It is also fortunate that the conference room reserved by Anma Capital is relatively large, otherwise it would be really difficult to receive these bigwigs from various companies.

The meeting went smoothly. The reason Li Weidong knew was that he had nothing to do all morning. He kept playing games, and no one came to bother him except for pouring water.

But in the afternoon, there are more things to do!

"Pay in six months, are you kidding me?" Li Weidong laughed sarcastically when he heard Jiang Zhili's report that an investment company proposed a payment method.

The trick of the white wolf with nothing to do is to use his stocks to make money, and then pay back the money, and if it doesn't work out, he doesn't have to pay back the money.

This is using his money to make money. How can this kind of brain work to this day? If his subordinates can raise such brainless questions, they will be fired directly.

"At that time, Mr. Zou directly refused, but they thought that the one-time payment we proposed when transferring ownership was too harsh, and it is best to allow one to two months!"

Jiang Zhili tentatively asked, there is art in speaking, and it is true that there is such a thing as six months, but it doesn't matter if it is reported or not, and everyone in the world knows it is not feasible.

But it will be different in one to two months, and this is more in line with the rules. If you tell Li Weidong directly, it will definitely not work for so long.

"One or two months is too long, these shares are not sold to one person, and each company is only a few billion, can they still take it out?"

Jiang Zhili felt a toothache. A few billion is not money, but it is US dollars. He really doesn't know who can easily come up with so much money.

"Besides, after signing the contract, it will take more than a week until the final transfer, which is enough for them to raise money!"

This order was ordered by Li Weidong, and it is most normal to pay for the goods and deliver the goods, but this is not always the case for contracts with relatively large amounts.

In later generations, Li Weidong has heard and seen many such things. He signed a shareholding change contract and agreed to pay half at the time of transfer and another half within six months.

But many things can happen in six months, and the company may even disappear. Where do you go to get the money, there may be many irresistible factors.

"How about this, the principle is no less than 60% at the time of transfer, and the remaining two weeks must be paid off, but there must be a guarantee. This is the bottom line. You can master the specific situation yourself!"

Li Weidong naturally knew that his request was too harsh, but the negotiations were always untied, and he asked for a lot of money and paid back the money on the spot.

Li Weidong relaxed his request, and the negotiation between Zou Yi and Jiang Zhili became easier.

On the second day, most of the companies had no objection to the most important item and signed it for confirmation, which means that all the terms of everyone are consistent.

The platform is the same, if you want it, you have to rely on the price, which is also related to how much money Li Weidong can make investing in Yahoo!
(End of this chapter)