Rebirth of Hong Kong - 1978

Chapter 301 The Far East Group
"What is that Bob Walker?"

The next day, after Lin Daoqiu sent Zhong Chuhong to Li's, he came to Huang Xizhao's office after a long absence.

"Why is Mr. Lin interested in this person?"

Huang Xizhao felt a little strange, Bob Walker had only been in Xiangjiang for less than a week, why did Lin Daoqiu suddenly ask about this person.

"I met him in the western restaurant yesterday and took the initiative to talk to me, so I came to ask."

Huang Xizhao heard that this was the case, but he also guessed that Bob Walker would find Lin Daoqiu sooner or later.

After all, Bob Walker had only one purpose in Xiangjiang this time, and that was to sell Li's.

However, according to what Bob Walker said in the past few days, he has encountered a lot of difficulties, because those rich people don't seem to be very interested in acquiring Li's.

"Bob Walker is the chief representative sent by the head office. I guess his purpose of looking for Mr. Lin is to see if you are interested in acquiring Li's."

If possible, Huang Xizhao really hoped that Lin Daoqiu would buy Li's, because Lin Daoqiu was not only rich, but also very talented.

If it weren't for his two TV series at that time, I am afraid that Bob Walker would not dare to open the price of 5000 million.

"If possible, I hope Mr. Lin can buy Li's."

Huang Xizhao looked at Lin Daoqiu seriously. If Li's really wanted to sell, he hoped that Lin Daoqiu could buy it.

"How much do you think Li is worth now?"

Lin Daoqiu did not answer Huang Xizhao's words directly, but asked him a question instead.

Huang Xizhao didn't even need to think about this question, because Bob Walker would stick to the price of 5000 million.

"The price offered by the head office is 5000 million. In the past week, Bob Walker has visited many rich people, but none of them are willing to pay so much to buy Li's."

Even Huang Xizhao himself didn't think that Li's could be sold at such a sky-high price now, he felt that the head office must be crazy to set such a price.

"5000 million, they really dare to ask for it."

Lin Daoqiu couldn't help shaking his head when he heard this, anyway, it's still early, if someone is willing to offer this price, Lin Daoqiu doesn't mind letting the other party take over Li's.

Because in addition to the money to buy Li's, the other party also had to inject capital into the TV station, and this was not a small sum of money.

"Actually, I have persuaded Bob that it is almost impossible to sell Li's at this price, and it is even more impossible in a short period of time, but he does not agree with what I said."

Bob Walker obviously doesn't have enough trust in Huang Xizhao, but it may also be because the head office has already set the price and he has no right to change the relationship.

It seems that it is not a good time to meet Bob Walker, so Lin Daoqiu plans to talk about it after a while.

"Li's is not easy to sell. I think Mr. Bob will be staying in Xiangjiang for a long time."

Even if Lin Daoqiu wanted to buy Li's, he would probably cooperate with others instead of buying it alone, because the pressure would be too great.

If you invest [-] million now, you don’t know how long it will take to earn back the money, and you have to keep investing during this period.

Lin Daoqiu's main focus now is on the film side. The special effects studio needs to be established early, and this alone needs to burn a lot of money.

Huang Xizhao also saw that Lin Daoqiu didn't seem to be very interested in acquiring Li's, which made him a little disappointed.

But in fact, it's normal to think about it. After all, Lin Daoqiu just bought Princess Jin, so it's not realistic for him to buy Li's at this time.

Lin Daoqiu remembered that two years later, Qiu Degen, chairman of the Far East Group, suddenly became interested and bought half of Li's shares in order to realize his film and television dream.

At that time, Li's had already been ruined by the Australian consortium, and the price would not be too high. It can be said that it was a good time to buy on dips.

…………

"Dad, are you going to buy Li's?"

At the board meeting of the Far East Group, Qiu Changda was surprised to hear that his father had announced that he would acquire Li's.

As the eldest son, he had never heard of Qiu Degen having such an idea before.

"Lide's chief representative, Bob Walker, approached me and asked me if I would be interested in acquiring Li's."

At that time, Bob Walker and Qiu Degen even talked about the specific price, but 5000 million was too expensive to buy [-]% of Li's shares.

So Qiu Degen politely declined Bob Walker's proposal at that time.

But it was Bob Walker's approach this time that made Qiu Degen send people to collect Li's information.

In the past two years, Lidi's ratings have risen sharply, from [-]-[-] with TVB before, to now it is close to [-]-[-].

If Li's works harder, she might have a chance to overtake TVB and become Xiangjiang's TV overlord.

The price of 5000 million is indeed a bit expensive, but Qiu Degen has already inquired. If Bob Walker can't sell Li's house in a short time, they will probably sell it to the Australian consortium at an extremely low price.

"Father, the Far East Group has never operated a TV station before. Isn't it too risky for you to acquire Li's at this time?"

Qiu Changda seems to be very resistant to the acquisition of Li's, because it will take up a lot of liquidity in the Far East.

This is not just a question of hundreds or tens of millions, but an acquisition worth hundreds of millions of dollars.

Moreover, the TV station's income is very stable, and it will take no one knows how long it will take to earn the money back, so Qiu Changda strongly opposes the acquisition.

"Now there are only two TV stations in Xiangjiang. Although it is not a monopoly business, Lidi's development momentum is very good. I think it is the right time to buy them."

Qiu Degen seems to have made up his mind, and the only problem now is that the price cannot be negotiated.

Qiu Changda originally wanted to persuade his father, but before he could speak, Qiu Degen gave him a hard look.

"I've already decided on this matter, so there's no need to waste my time talking. Changda, you should still focus on the Far East Bank."

Qiu Degen didn't come here to ask everyone's opinions. Since he has already decided on this matter, he will definitely follow through on it.

Qiu Changda knew his father's temperament well, so he could only keep his mouth shut.

…………

And the news that the Far East Group intends to acquire Li's slowly began to spread in the world.

Most people thought it was just a rumor, because Qiu Degen had never run a TV station business before, even though he started with movies.

But opening a theater is not the same thing as opening a TV station, so many people who know the inside story think that this is just Bob Walker's intentional talk there.

His purpose of doing this is to attract everyone's attention, so that they will compete to bid, and then he can sell Li's.

But one person was frightened by the news, and this person was Lin Daoqiu.

When he heard the news for the first time, the expression on his face was completely shocked.

(End of this chapter)