Chapter 2045 YAHOO Starts! (Thanks to Rotsen Leader for 10,000 Rewards)
Immediately after the production and listing of Dream Snow, it is naturally the acquisition of Alibaba Group, which Xiao Qi has been planning for more than a year.
However, to be precise now, it should be acquired by YAHOO.
Speaking of which, American financiers have long been aware of it.
Because since October, it has been reported that there is a huge mysterious fund that is actively negotiating the acquisition of YAHOO stock.
By the first ten days of October, many companies had sold out. Although YAHOO's stock in the market has been falling, the decline has been lower than that of similar stocks.
After October 25th, even ordinary investors could see that the decline of YAHOO's stock was lower than that of GOOGLE's, which is completely unscientific.
But the entire market is in a panic-like plunge, and YAHOO has no substantial asset performance as a support. Therefore, under the propaganda of those who care about it, many retail investors regard this as an opportunity to escape from the stock market and sell them in a concentrated manner. YAHOO stock.
During this period of time, Tong Wencong no longer cares about the price because he wants to hit the 75% standard for privatization and delisting from 54%. As long as the remaining institutional investors are willing to sell, then whether it is a premium of 30% or 50%, he They all take money directly to buy.
Even a Wall Street fund company, because it holds a huge 4% stake in YAHOO, spent a total of 1.2 billion U.S. dollars, and the valuation almost reached 30 billion U.S. dollars. At this time, the market value of YAHOO did not reach 13.2 billion at all. dollars!
However, all the effort is worth it.
One week after the crazy acquisitions that started on the 25th, at noon on Monday, October 31st, Tong Wencong formally applied to Nasdaq on behalf of Dake Fund Company: because the stock fund accounts under the name of Dake Fund Company have been purchased one after another To YAHOO's 76.2% of the shares, so officially decided to privatize delisting.
At the same time, Dake Fund Company also submitted the specific stock repurchase plan for privatization and delisting to the Nasdaq stock market for the remaining institutions and shareholders to check. Negotiations for full privatization.
As soon as the news came out, the entire Nasdaq market fell into shock.
Also at the same time. Because with the lifting of the confidentiality clause, many investment banks and fund companies have also been dug out the specific transaction price.
Through calculations, the highly resourceful reporters disclosed directly on the news program that night that the mysterious Dake Fund Company actually acquired 76.2% of YAHOO shares, and the cost may have exceeded 15 billion US dollars.
A company with a current market value of only 13 billion US dollars. A company without any good performance support can actually be acquired by someone at a price close to 20 billion U.S. dollars. I really don’t know if this company has money and no place to spend it.
With this money, what’s wrong with buying Google, Amazon, and Microsoft?
What a fool!
But Americans are also very pragmatic. Although Dake Fund is a company established in the international financial district, they trade with real money. Apart from using the rules reasonably, there is no violation of the rules.
Instead, their investments in the United States. It also increased tax revenue in the United States, reduced the losses of American stockholders, and recovered the US stock market to a certain extent. That is a great thing to encourage!
But what many people didn't expect was that Tong Wencong's operation was very fast.
Thursday after three days. Representatives of minority shareholders and Dake Fund Company headed by Tong Wencong negotiated a purchase agreement with a premium of 43%, and signed the agreement.
From this point of view, Dake Fund has made a lot of concessions. The 43% premium is far higher than the average privatization delisting price of about 30%, which really satisfies the remaining small and medium shareholders.
Then, that is, on the night when the agreement was signed and took effect, Fox News TV in the United States broke out a blockbuster news.
The company Dake Fund looks very mysterious. But if the English letters of this fund company are interpreted with Huaguo's pinyin. It is the two syllables "big" and "ke".
Although there are many ways to pronounce these two pronunciations, if you follow one of the spelling methods, it is the Chinese word "Dake".
If the two characters of Dake are spelled together in Chinese, it is the word "odd".
Which rich man in China can spend 20 billion US dollars to buy YAHOO?
Which rich man has the word "odd" in his name?
Then there is only Xiao Qi, the richest man in the world!
Of course, Fox is not just relying on this fantasy guess, they also have a lot of collected evidence.
First of all, the negotiator Tong Wencong who came forward this time has a very close relationship with Xiao Qi. He also bought IMAX for Xiao Qi before and successfully privatized IMAX. The car is familiar.
Then, Fox News interviewed Yang Zhiyuan, the former CEO of YAHOO.
Yang Zhiyuan was very excited and told the reporter that Xiao Qi was eyeing the excellent assets in YAHOO's hands. He once offered 10 billion US dollars to buy 40% of Alibaba Group's shares in YAHOO's hands, but he flatly rejected it.
Now that Xiao Qi has finally seized the opportunity and extended his clutches to the entire YAHOO company, there is really no one who can stop him from taking the Alibaba stock with great development potential in the future!
It is worth mentioning that Yang Zhiyuan absolutely disagrees with Xiao Qi's privatization, but among the remaining stocks, those who agree to sell the shares account for the vast majority. According to the U.S. Securities and Exchange Act, he is not Anyone who resists can only sell his YAHOO stock to Xiao Qi according to the negotiated price, and has no connection with YAHOO ever since.
What's more, in today's economic environment, few people can afford such a large sum of 20 billion U.S. dollars in cash. ——You read that right, in order to complete the privatization of YAHOO as soon as possible, Xiao Qi gave all cash directly.
It would be fine if Dake Fund was a joint-stock fund, but Fox News also found out that Dake Fund is a private fund. In this way, things seem to be more clear.
The breaking news announced by Fox News is even more shocking than the acquisition of YAHOO itself.
And most people believed the inference of Fox News.
Countless investors and critics were dumbfounded.
They couldn't understand why someone as smart as Xiao Qi would buy such a company with no development potential at all?
You say their search engine?
GOOGLE and even Huaguo's domestic whiteness have surpassed YAHOO, and YAHOO's search engine has no more than 10% of the world's share!
You say good assets of their company?
please!
The decline of YAHOO started with random investment. Those broken companies and technologies in their hands were worthless at all.
As for the Alibaba Group boasted by Yang Zhiyuan, it is just a website in Huaguo that is an online shopping platform. Its scale is not large now, at most it has a scale of several million people.
Given the consumption level of Chinese people, what potential development do you think it can have? Can it be worth 10 billion US dollars? Do not make jokes!
Even if it beats EBAY, it is based on the free policy of no charge, how long the free policy can last, who can be sure?
Anyway, that night and the next morning, many people posted their own comments, but except for Yang Zhiyuan who was very envious and jealous, no one felt that the acquisition was worthwhile.
Xiao Qi did not disappoint everyone. On the morning of the second day after the agreement was obtained, which was also at night in Huaguo time, he announced through his Weibo account that Dake Fund was his private fund and the person who bought YAHOO It was him!
"Thank God, I finally bought the shares of Alibaba and Japan's YAHOO! Their value will exceed your imagination! Please remember this sentence, let's see it in five years!"
Immediately after his speech, countless people also forwarded and published their own comments on Weibo.
"Xiao Qi has money and no place to spend it. Does he think this is still the age of YAHOO? Why don't you buy GOOGLE, whose value has plummeted? You are no longer my idol!"
"Hehe, the world of the rich is really incomprehensible. If you give me 20 billion US dollars, I will definitely spend my whole life eating, drinking and having fun!"
"I also think that Xiao Qi got carried away this time. He got the money from selling Dream Stars shares. Xiao Qi is like an upstart, buying things everywhere, but he doesn't know how to further strengthen his technical strength and develop electronic technology! I Really disappointed in him!"
"You people, don't you think it's funny to speculate, question and criticize the practice of the world's richest man with a slack mind? If Xiao Qi is the kind of person who spends money recklessly, can he get to where he is today?"
"Yeah, just like Xiao Qi said, let's watch it in five years! I think Taobao.com is pretty good! You foreigners don't know, but we Chinese people like it very much, and it will definitely grow and develop!"
"..."
Not to mention how many people's discussions have been caused, anyway, except for Xiao Qi's admission that he bought and privatized YAHOO, and said a word on Weibo, there is no other news.
But there are two people who can't sit still.
A middle-aged man in Lin'an directly dropped his favorite teacup.
Another middle-aged man in Japan shook his head and smiled wryly.
Xiao Qi, Xiao Qi, how do you always make things so unexpected and awe-inspiring? (to be continued ~^~)
PS: Happy Chinese New Year everyone! During the Chinese New Year, eat, drink, have fun, and have a great body!