Rebirth of Hong Kong - 1978

Chapter 2407 The beginning of a change

The Fox acquisition case seemed to be at an impasse. On the one hand, Murdoch's asking price was too outrageous, and it was absolutely impossible for Lin Daoqiu to agree.

But on the other hand, Lin Daoqiu wants to finalize this matter as soon as possible. After all, the progress of the acquisition of Columbia and Universal Pictures will be relatively clear in the near future.

Once the two companies are confirmed to be acquired by Panasonic and Sony, the structure of the North American film market will change a lot.

If Fox Films can be acquired as soon as possible, Lin Daoqiu will be able to sit firmly on the Diaoyutai even if something happens to Universal Pictures and Columbia.

"If there is really no way, I think it is possible to ask Mr. Tang En to come forward and have a chat with Murdoch?"

Richardson knew that Lin Daoqiu wanted to solve this matter by himself at the beginning, but judging from the current situation, Murdoch made it clear that he was unwilling to contact Lin Daoqiu, and he deliberately offered a high price to target Lin Daoqiu. Autumn.

Under such circumstances, it is difficult to persuade the other party to lower the price. The most effective way is to ask Dunn Morgan to come forward and use the Morgan consortium to put pressure on Murdoch.

Richardson believed that as long as Dunn Morgan was willing to come forward to talk to Murdoch, the other party should not be so stupid as to have any unpleasant collision with Murdoch on such a matter.

After all, they didn't buy Fox Films at a price below the market, let alone without giving money.

The reason for this situation is entirely due to Murdoch's personal likes and dislikes, not because Lin Daoqiu's price is too low.

"From the very beginning, I never thought of asking Tang En for help. Good steel must be used wisely. If we can't even solve this level of problems, how can we solve other problems in the future."

Lin Daoqiu has said that Richardson will naturally not disobey the other party's meaning, but from the current point of view, Murdoch's attitude is very firm, and I am afraid that it will not change for a while.

Even if Lin Daoqiu went to "News Corporation" to meet with Murdoch in person, Richardson believed that the other party would never make concessions on the price, even if he did, he would not make much.

"Putting Murdoch's stake aside, we're going to turn around and acquire other Fox shareholders."

Since Murdoch doesn't sell it, it is impossible for Lin Daoqiu to force him to sell it. There is no place to stay here. Not everyone is as greedy as Murdoch.

…………

"Boss, just received the latest news that Lin Daoqiu has started contacting Fox's shareholders. It seems that he intends to acquire all the shares held by those people."

A few days later, Hodrickson received news that Lin Daoqiu was in contact with Fox shareholders, and he hurried over to report to Murdoch.

"There is no need to be so nervous. Lin Daoqiu's actions are not unexpected. No matter how smooth his progress is, he can only buy [-]% of the shares. I am still the major shareholder."

Murdoch only holds [-]% of the shares, and the remaining [-]% is scattered among other shareholders, and [-]% of the shares are held by Murdoch's good friends.

In Murdoch's view, even though Lin Daoqiu bought [-]% of the shares, he is still the major shareholder of Fox, and he can only rank second, unable to do anything at all, so Murdoch is very relieved.

But Hodrickson didn't think so. He felt that people like Lin Daoqiu would never do such meaningless things. Is it possible that Murdoch underestimated the other party and misestimated Lin Daoqiu?

"Boss, I think we should be more cautious. Once Lin Daoqiu really buys [-]% of the shares, things will be troublesome. You must know that what he bought this time is not just the shares of the film company."

Murdoch didn't take Hodrickson's words seriously at first, because from the beginning to the end, Murdoch felt that Lin Daoqiu came for Fox Film Company, and he didn't intend to do anything to the TV station.

But now Hodrickson's words reminded him that if Lin Daoqiu really bought [-]% of Fox's shares by then, then he would have a lot of things to do.

"Understood, I will pay attention"

Murdoch didn't say what he was going to do, but Hodrickson believed that he had fulfilled the obligation of his subordinates, and if something went wrong by then, it would be no fault of him.

On the other side, Lin Daoqiu's acquisition of Fox's shares went very smoothly. He bought the shares from those people at an amount that was twice the market price.

It just so happens that the development of Fox in recent years can be said to have been tepid, and Murdoch is not the kind of person who is willing to spend a lot of money on film companies.

So these Fox shareholders saw that Lin Daoqiu had already paid such a high price. If they didn't sell it at this time, they might not get a good price if they waited.

If you know that if you sell now, you can cash out the shares immediately, and then use the money to make other investments.

But if you don't sell it, you will always hold these shares, and you may not get much dividends at the end of the year.

So under such circumstances, after the news came out that the first person had reached an agreement with Lin Daoqiu, many people agreed to sell their shares to Lin Daoqiu one after another.

In less than a month, Lin Daoqiu's stake in Fox has reached [-]%, and now there is only one shareholder who holds [-]% of the shares and still does not sell.

It was obviously not what Lin Daoqiu wanted to see that things got stuck here, so he took the initiative to contact the shareholder of Fox, planning to meet with him face to face and have a good talk.

Originally, Lin Daoqiu chose to meet in a coffee shop at first, but the other party insisted on meeting in a well-known department store instead.

Although he didn't know what the other party meant, Lin Daoqiu readily agreed, and then went to the reserved department store half an hour earlier.

After waiting for 10 minutes, the person Lin Daoqiu wanted to meet finally appeared in front of him, Marty Lynn, Fox's third largest shareholder.

To be precise, the shares that Mattie holds now are her father's legacy. Her main business is not making movies. These are just one of the many legacy her father left her.

"Hello, Ms. Marty, I'm Lin Daoqiu, nice to meet you."

Lin Daoqiu went forward to say hello to Marty Lynn, and the other party shook hands with Lin Daoqiu before he began to look up and down Lin Daoqiu.

"I didn't expect the boss of New Oriental Pictures to be so young. It's really enviable."

Although Marty Lynn, who is almost 50 years old, is well maintained, the years still leave a lot of marks on her face, but compared with ordinary women, Marty Lynn still looks a lot younger.

"Since Mr. Lin is here, why don't you go shopping with me? My arrangement this afternoon is to go shopping, and meet Mr. Lin by the way."

Hearing that the other party wanted him to go shopping with her, Lin Daoqiu didn't know what to say for a while.

But in the end he happily nodded in agreement.

"my pleasure."

(End of this chapter)