I really just want to make money

Li Yu also knows that the executives of LeTV have opinions on him, who let him almost make them lose their jobs.

However, their small emotions are actually very easy to solve. As long as you draw a big enough pie for them, the so-called small emotions will instantly turn into ashes in the face of interests.

"Ahem, let me say a few words."

"The current LeTV really only has a shell left."

"You are all the backbone of LeTV, and LeTV is like your children. I believe you all don't want to see LeTV just die like this."

"Without my acquisition, LeTV's future will inevitably die out slowly, because you will not be able to repay the 30 billion debt in decades!"

Li Yu mercilessly exposed their dreams.

Want to close the door and live a small life without being squeezed by the boss, how can it be so simple?
That's right, LeTV has sold all its assets, and the creditor can only ask Boss Jia for the debt, but it is impossible for Boss Jia to pay off the billions of dollars in debt.

As a result, LeTV will have to pay billions of dollars in debt slowly in the future.

Under such circumstances, LeTV will inevitably lose money every year, and will be delisted after 3 years, and then continue to rely on copyright to pay off debts, until it closes down...

The art of language is to suppress first and then raise, first a blow to the head, and then a sweet date, to ensure that the opponent can be firmly grasped.

After being scolded by Li Yu, the executives of LeTV bowed their heads, feeling ashamed of their petty thinking.

Li Yu stared at everyone for a few seconds, his serious expression suddenly changed, and a warm and confident smile appeared on his face.

"And after I acquire LeTV, I can completely bring LeTV back to life!"

Li Yu didn't wait for Wang Junjie to announce the following matters, and announced directly by himself.

"First of all, I have acquired 50 billion debts outside, and now 99% of LeTV's debts are in my hands, of which 20 billion debts have been paid by Boss Jia."

"I don't need the company to bear the remaining 30 billion. I will convert the debt into shares in the form of debt-to-equity swap. In this way, the company only needs to consider the development issue..."

Debt-to-equity swap is easy to understand.

Based on the current share price of LeTV's 50 billion yuan, after Li Yu's 30 billion debts are converted into shares, theoretically speaking, the total market value of LeTV will increase to 80 billion yuan, and Li Yu's shares will increase from 40.9% to 63%. .

But it should be noted that this is only a theoretical market value of 80 billion.

In fact, after the debt-to-equity swap, the actual assets of LeTV have not changed, but some foreign debts that cannot be repaid in the first place have been reduced...

In this case, shareholders will not buy the 30 billion debt.

After the announcement, the stock price of LeTV will inevitably plummet, and the market value of 80 billion will fall to 50 billion...

Well, considering Li Yu's strength and influence, which is an off-site factor, LeTV may not fall so badly.

The operation of debt-to-equity swap is equivalent to being cut leeks for the small shareholders of LeTV.

For Li Yu, it will also lead to a shrinkage of book assets, but this is a trivial matter, anyway, he only spent 5 million yuan...

5 million, in the blink of an eye, it became a 50% stake in a listed company with a market value of 63 billion, theoretically worth over 30 billion!
This is the charm of capital!

Creating something out of nothing, borrowing a chicken to lay an egg, the magic master Liu Qian would shout awesome when he saw it!
Now is the time to witness the miracle!

The executives of LeTV are all smart people, and they immediately understood the benefits.

LeTV got rid of the debt burden, Li Yu gained absolute control of the company, and the executives can go to work safely.

Li Yu's debt-to-equity swap, except for the unlucky minority shareholders, the others are all beneficiaries...

Perfect operation!
"Clap clap clap clap!"

There was spontaneous applause in the conference room.

Looking at the executives whose emotions were mobilized, Wang Junjie smiled slightly, what is the point of this, there is something more exciting for you in the future...

After the executives calmed down, Li Yu continued:
"Debt-to-equity swap can only solve the company's debt problem. We also need income, capital, and technology!"

"So, next, I plan to acquire the MY video business of Moyu Group."

"LeTV's copyright database and number of users, together with MY Video, we will join forces. In the domestic video field, we will enter the first echelon!" Li Yu's sonorous and forceful words shocked everyone.

In the current domestic video field, the merged Youku Tudou is still the big brother.

Not only did Big Brother live for a long time, but he was also listed in Ugly Country, with a market value of 300 billion!
It's just that this big brother's life is not easy now. Facing a group of younger brothers who have a rich father, the big brother is obviously a little bit powerless.

Behind Youku Tudou are Pengcheng Ma's son Tengxun Video, and Du Niang's son Aiqiyi.

The above three are either professional players with a long history, or the darlings of capital and traffic, and belong to the well-deserved first echelon.

After that, there are MY Video and LeTV.com.

Now that Li Yu has merged MY Video and LeTV, the merged company can enter the first echelon no matter in terms of number of users or video content.

The benefits of acquiring and merging MY Video are obvious, but everything is not perfect...

The volume of MY Video has surpassed that of LeTV, and the valuation of the latest round of investment is as high as 100 billion!
Generally speaking, when a listed company acquires potential assets, there is room for a huge premium. For a young company with a strong momentum like MY Video, double the premium is considered conscientious.

If it is acquired at a double premium, the market value of MY Video will be 200 billion, while the theoretical market value of LeTV after the debt-to-equity swap is only 80 billion...

Leaving aside the issue of equity, the position of collateral executives in the merged company would be embarrassing.

People are selfish. Although they also want the company to develop better, if they have to choose between "good for the company" and "good for themselves", 90.00% of them will choose "good for themselves"...

For the mentality of beating workers, Li Yu can still understand, but understanding is understanding, Li Yu will not harm his own interests for the interests of others.

After announcing the plan to acquire MY Video, Li Yu went on to talk about the third plan: to introduce Five Star Electronics as a shareholder in the form of technology shares, and the two sides will carry out strategic cooperation!
"The company's original smart set-top box, smart TV and mobile phone projects not only cannot stop, but also continue to increase investment!"

"In addition to introducing the technology of Five Star Electronics, our company also needs to invest in large-scale research and development and production. For this reason, I plan to issue shares to raise no less than 50 billion funds for smart hardware research and development!"

With Li Yu throwing out one big plan after another, the executives of LeTV have been shocked to the point of numbness!
Debt-to-equity swap of 30 billion + acquisition of MY Video 200 billion + raising of 50 billion funds + introduction of Five Star Electronics
Even if the value of Five Star Electronics' technology investment is not yet known, just based on the first three plans, LeTV's market value can easily exceed 300 billion!
Coupled with the entry of Five Star Electronics, LeTV's market value of 600 billion at its peak is just around the corner...

"Okay, I've finished my plan. If you have any ideas, you can put them forward now."

Li Yu looked at the crowd, still with a faint smile on his face, but the executives of LeTV felt the domineering and pressure coming.

Is this the aura of the top rich?
On Li Yu, Wang Junjie felt far more pressure than Boss Jia.

What Li Yu exudes is domineering and self-confidence from the inside out, which is the smell of capital.

As for Boss Jia, even though he claimed to be worth tens of billions of dollars before, he knows better than anyone else how the money came from.

Therefore, Boss Jia is very polite to everyone, and always greets everyone with a smile. He is more cautious and less aura that the top rich man should have...

LeTV's general meeting of the board of directors went smoothly. Li Yu was unanimously elected as the new chairman of LeTV and reorganized the board of directors.

There should be applause here!I understand everything, hehe...

At the same time, several major decisions announced by Li Yu were unanimously passed.

Next, LeTV still has a lot of work to do.

For example, the personnel and work division after the merger and reorganization with MY Video, such as the technical shareholding negotiation with Five Star Electronics.

Another issue is the change of company name.

When Li Yu joined LeTV, it was naturally impossible for the company to continue to use LeTV.

Considering that the brand of LeTV is still quite valuable, Li Yu finally decided to change the name to: MYLeTV

MY comes first, indicating a subordinate status.

MY LeTV, also can be called "My LeTV", simple and easy to remember...

……

The domestic work handover can be handed over to the company's subordinates, but the negotiation with Five Star Electronics Company requires Li Yu to do it himself.

There is no way, MY LeTV and Five Star Electronics are not the same in terms of size or industry status.

If there is no one who can control the situation, even if there is Li Fuzhen, the negotiation will not go smoothly.

On the night of arriving in Bangzi Country, Li Yu made a huge sacrifice.

Venue: Shilla Hotel Presidential Suite
Opponent: Li Fuzhen, the five-star queen
Battle situation: Li Yu lost 100 billion, Li Fuzhen was bedridden the next day

Kill one thousand enemies and lose eight hundred!
Li Fuzhen, a little Liangpi, thought that he could turn against the guest in his own territory, but in the end he was defeated by Li Yu's overlord spear.

In order to save her life, the majestic five-star queen could only obediently kneel on the ground and sign a surrender agreement that humiliates the country: show the most sincere technology and give the best price!
The next day, the negotiations officially started

In the business meeting room of Shilla Hotel, Li Yu met the negotiator of Five Star Electronics.

The leader was a vice president of Five Star Electronics Company. He was 1.8 meters tall and looked quite strong. He was about 40 years old and his name was Jin Qishi.

Hey!
I am a big boss with tens of billions of dollars, tens of millions every minute, and you actually arranged for a vice president to come over and talk to me?
Li Yu was a little annoyed, but considering that Five Star Electronics Company is one of the top [-] companies in the world, it is already very important to arrange a vice president to participate in the negotiation.

Just as Li Yu thought, Jin Qishi wouldn't have participated in today's negotiation if it wasn't for Chairman Li Fuzhen's face...

Why is it that an unknown company from Huaguo wished to acquire the advanced technology of Five Star Electronics?
And this Li Yu, isn't he just handsome?

How dare to spread gossip with his goddess, it's like a toad wanting to eat swan meat!
Although the romance rumors between Li Fuzhen and Li Yu were completely suppressed in the media of Bangzi Kingdom, under the secret instigation of some people, the rumors spread among the elites of Bangzi Kingdom.

At this moment, the fragile self-esteem of the Bangzi people exploded in an instant!
Our goddess, our five-star queen, is actually missed by a Chinese!

How can you bear this! ?
Li Yu still doesn't know that he has become the public enemy of the elite class of Bangzi Kingdom, and Jin Qishi in front of him is one of them...

The negotiators from both sides arrived, and everyone sat facing each other.

Li Yu glanced at Jin Qishi, who was the leader, and saw that he looked at him with obvious hostility in his eyes, that feeling...

How should I put it, it's as if Li Yu stretched the sewer in his house so that he couldn't fix it anymore.

Strange, in Bangzi Country, besides Li Fuzhen, I didn't do anything to anyone?

Li Yu frowned slightly, not knowing what was going on in the head of the Bangzi Chinese in front of him.

Although we can't figure out the situation, we still need to talk about things that should be discussed.

"Hello, Mr. Jin, the framework of the cooperation has been discussed before, let's go straight to the point, please give us the professional evaluation of the technical materials you have compiled."

What Li Yu valued was a series of patented technologies of Five Star Electronics in the field of consumer electronics, especially the technology of mobile phones.

The value of this kind of thing must be evaluated by professionals. It just so happens that Wang Junjie, the former vice president of LeTV, is a top technology expert in the industry, and Li Yu is not worried that Five Star Electronics will deceive him.

Jin Qishi just nodded after hearing the words, not talking nonsense, and directly asked the person next to him to push a thick stack of materials in front of Li Yu.

Looking at Li Yu, Jin Qishi had a very subtle sneer at the corner of his mouth.

As the world's top electronic product company, Five Star Electronics has a vast array of patented technologies, more than 10,000+.

However, with so many technologies, 99% of them have no practical use, and the registration of patents is just to take advantage of it.

In fact, it's not just Five Star Electronics that operates like this, giants all over the world are like this. First occupy the pit, even if you don't leave, you have to block the way of friends and businessmen!

Commonly known as patent trolls.

Among these 10,000+ technologies, only the core technicians of Five Star Electronics know what is really useful.

Most of the technologies that Jin Qishi presented today are "advanced technologies" that he carefully selected.

It looks very advanced, but it's useless, and it can lead Li Yu's company astray...

As long as he thinks that Li Yu paid a large amount of equity and was cheated by himself in the end, Jin Qishi will feel a sense of perverted excitement.

On the other side, Li Yu picked up the technical materials and flipped through them casually, then threw them aside.

"I don't understand, Old Wang, please take a look..."

Hearing his boss's straightforward words, Wang Junjie was relieved instead.

I'm not afraid that the boss doesn't understand technology, but I'm afraid that the boss pretends to know everything, and I will intervene here, and then I will stretch my foot, if I can't help, I will add chaos to the company!
It's better to have a real boss like Li Yu...

Thinking so, Wang Junjie stretched out his hand to take the material, and the two technicians next to him looked at it sullenly.

The verification of technical materials cannot be completed in a short while, and Li Yu chatted with Jin Qishi.

"Mr. Jin, have we met somewhere before?"

Jin Qishi was also taken aback when he heard the words, not knowing why Li Yu would ask such a question.

"No, today should be the first time we've seen each other."

"Oh……"

Since it was the first time they met, the two should have had no holidays before.

In this way, the only reason why he slept with his wife or girlfriend can be explained...

Li Yu pinched his fingers and made up his mind.

Forget it, there is no way to count...

Li Yu: "President Jin is in Five Star Electronics, which business is he mainly in charge of?"

Jin Qishi: "The consumer electronics business is mainly responsible for technology research and development and application."

Li Yu: "Oh, this is a core position."

When Jin Qishi heard this, a complacent and proud expression appeared on his face.

"That must be true. Our company can rank among the top [-] in the world, thanks to the large amount of investment and output in technology research and development every year!"

Hey!
You are so immodest!

Li Yu looked at Jin Qishi with dangerous eyes.

This small-armed brat can't stay. He is still hostile to him in such an important position. How can he grab the wool of Five Star Electronics in the future?