Chapter 144 Got The New York Times? (Happy New Year)
With the arrival of Bill Ackerman, lunch officially began. Cucumber with cheese, Roman melon with smoked watermelon, and other appetizers made of red, yellow and green fruits and vegetables are very refreshing and appetizing.
Yang Cheng was busy signing a contract with Dassault's people all morning, so he didn't eat breakfast. He spread caviar on bread and ate two pieces like a starving ghost.
"Didn't eat breakfast?" Bill Ackerman slowly cut the smoked watermelon into small pieces with a knife, and asked amusedly when he saw Yang Cheng gobbling it.
"Well, I was in a hurry to go to the company to sign the contract. I didn't eat all morning. I was so hungry. By the way, Bill, didn't you contact Time Magazine Company on your behalf? How is it?" Yang Cheng nodded, wiped his hands with a wet towel, and chatted casually arrive.
"Sorry, let me interrupt, Jason, are you still going to buy Time Magazine Company?" Little Arthur interrupted suddenly after hearing Yang Cheng's words before he put down his knife and fork.
Yang Cheng laughed secretly in his heart, he brought this up on purpose, and showing his muscles properly is also a kind of negotiating skill.
"Yes, it's all to make up for the shortcomings of New Era Media." Yang Cheng ate two pieces of pre-dinner bread, and his stomach was no longer so empty with food, and his movements became graceful again.
"The communication over there was very smooth. The board of directors of Time Magazine originally had the intention of selling it. Now we take the initiative to come to the door. Naturally, we are very welcome. The CEO under you is called Ruiz, right? The ability is very good, the first time The pace of the negotiation is firmly in our own hands, and we are the only interested acquirer, and it is still all cash, which is a very heavy weight, just wait, it is a matter of time."
Bill Ackerman comprehended Yang Cheng's intentions, so he said in cooperation. Of course, he did not lie. In fact, Ruiz also reported the process of the first negotiation to Yang Cheng. Both sides are willing to do what you want, and there is no such thing as a strong buy. For the question of selling, the difficulty value was instantly reduced by half.
Let’s leave aside the question about Time Magazine, and turn your attention back to the emp restaurant. After the appetizers, the main course cooked by the chef is served on the table. Seafood is the first, and the freshly purchased Japanese wild peony shrimp is served with seasonal vegetables and potatoes. Grilled, a little bit of sea salt and crushed black pepper lock the unique sweetness of peony shrimp. The meat is very elastic and gelatinous. Because it grows in the deep sea, it is not easy to catch. In Japan, it is often used to make top sashimi. It is called "shrimp" king'.
Then there is the red meat recommended by the chef today. The duck breast is marinated with lavender and honey and cooked in a Japanese Teppanyaki style. Decorated with cherry jam, the tenderness of the duck meat and the sweetness of the jam form a golden partner, wreaking havoc in people's mouths.
Finally, a lime cheese ice cream was served as dessert to end this delicious lunch. The sweet and sour taste perfectly decomposes the greasy in the main course, creating a sense of emptiness that has not been satisfied. This is the top dish. The strength of the chef cannot satisfy you once you eat it.
Who will patronize his restaurant after that?
An authentic Western-style lunch is far from over. The restaurant thoughtfully provided freshly ground coffee and homemade goat milk chocolate to replenish energy for the upcoming afternoon work.
After Yang Cheng's veiled pressure just now, the already unstable balance in Little Arthur's heart began to tilt towards Yang Cheng's side. At least Yang Cheng was right in one point, he couldn't let the New York Times be completely ruined in his hands, even for This can get a lot of money, and it can't erase the fact that he personally ruined the glory of the Schulzberg family.
"Okay, young man, I admit that your words moved me. I think working with you is far more enjoyable than those guys in Silicon Valley, and you are a child of our Manhattan. Why should I look far away?" Little Arthur pursed his mouth Espresso, bit another piece of chocolate, tasted it carefully, and finally spoke after a while.
Yang Cheng first looked at Bill Ackerman, found a smile from his eyes, and then heard him say, "Arthur, you made a very wise decision, I think your family will not blame you , and will be pleased with the decision.”
Little Arthur waved his hand with a wry smile, "Young man, tell me your offer."
Yang Cheng didn't answer, but turned his head and whispered to Eddie, then frowned and hesitated, "Sorry, Arthur, can I confirm how many shares your Schulzberg family actually holds?"
Little Arthur raised his forehead, hesitated for a while and said, "12% Class A common shares, 90% Class B shares."
Eddie pushed his glasses subconsciously. Little Arthur's ability is still very strong. It is not unreasonable for him to stand out from the many heirs of the family. His business philosophy can't be evaluated by outsiders. , the proportion of Class A shares is consistent with what they have investigated, but 90% of Class B shares, how strong this must be, is completely unreasonable. Are the shareholders of the New York Times all stupid?
Yang Cheng is also tongue-tied. Generally, shareholders can delegate power to such an extent because they believe in the soul helmsman of a company and believe that he can lead all shareholders to make money, so they reach an agreement before financing: only make financial investment and enjoy dividends, and do not interfere. Company management and operations.
Little Arthur Schulzberg has such a charm?
As far as Yang Cheng knows, the only one who is so possessive is the blind owner of a certain e-commerce company. He once controlled 80% of the B-shares of Jingdong. Otherwise, why would he hold the money of shareholders and shareholders? Vigorously promote his concept of logistics scale?
"Arthur, with all due respect, if you only have 12% of Class A shares, based on the current market price, I can only offer you $80 million in cash plus 1% of shares in New Era Media Group." Yang Cheng took a sip of coffee After clearing his throat, he looked directly at Little Arthur and said.
Bill Ackerman kept his mouth shut when Yang Cheng and Arthur started negotiating the price. His work today has been completed, and the rest depends on Yang Cheng's ability. Hearing Yang Cheng's offer at this time, he felt strange He glanced at Yang Cheng, then nodded clearly. The price was unexpected and reasonable.
Yang Cheng's bid was completely at the market price, neither a premium nor a deliberate low. The reason why it was said to be unexpected was that according to normal logic, the acquirer would usually choose a premium of 10-20%, and it was reasonable because of this The price is worthy of the shares held by Little Arthur. The 1% of the original shares of New Era Media is already a premium in disguise. Now anyone with a discerning eye can see Yang Cheng's plan to promote the listing of New Era Media. What this 1% represents The future value will be much higher than the current net worth of Little Arthur.
They are all smart people. Even though little Arthur has many problems in management and operation, he still has basic mathematical calculation ability. He is very satisfied with this offer.
Just about to talk about the deal, he spit out half the words, and suddenly frowned and said, "I forgot one thing, the company's largest shareholder of Class A shares is no longer me, but Slim from Mexico, according to the New York Times I lent him a sum of 250 million US dollars five years ago. If the New York Times does not choose to repay when it expires, it will be automatically converted into shares of the corresponding value, and there is an option to veto the transaction. If the company is sold in the future, it must go through his approval. agree."