Chapter 1161 It’s Better Not to See Each Other

Chapter 306: Seeing each other is like arguing with each other but not seeing each other

Hastings parked the car on the side of the road in Palo Alto and was silent for a long time. Now, he could finally understand Randolph's mood that day. He had not had the urge to set fire to Randolph's house just now.

How could Randolph do this? He believed that what he did to Randolph only involved Randolph personally, but what Randolph did was against the entire company.

However, he was tougher than Randolph. He leaned against the car and smoked two cigarettes. He called his secretary, "Cancel all my arrangements for today. In addition, book me a ticket to Montreal as soon as possible."

Canadian Imperial Bank of Commerce Asset Management Company is one of the largest shareholders among Netflix's institutional shareholders. He will not just watch the shares they hold being transferred to Feng Yiping.

This hole must not be opened!

He and Luke also meet and communicate every year, and he is convinced that he should be able to influence his decision and change things in a direction that is beneficial to him.

…………

This lunch in Montreal is naturally a work meal, but the funny Amanda makes the atmosphere of the lunch much more relaxed.

"Luke, Wiggins," Feng Yiping expressed his opinion while tasting the local specialty ice wine, "I will not participate in the specific negotiations. You will talk to Cummins. I only make one request. Considering that your group I can enjoy multiple benefits from this cooperation, and I hope that the price of this transfer agreement can be more pragmatic,"

With his current status, he will definitely not end up bargaining with people in person. Besides, there are professional people like Cummins here, so there is no need for him to show off.

This is generally done to express one's attitude and general direction.

"We do look forward to and welcome the cooperation that may be brought about after this cooperation," Luke said. "But Feng, you have to be clear about one thing. The transfer of shares can be said to be the basis for subsequent cooperation. If this foundation is not strong, , the latter ones are out of the question.

"No, no, this shouldn't be true." Feng Yiping smiled and wiped his mouth with a napkin, "At the same time, I think Wiggins doesn't like your statement.

Now it can be said that no bank can refuse him. He believes that when Royal Canadian Commercial knows that he intends to ask for a loan, there will definitely be no one who will still object at this time.

Even if the Netflix shares they hold are not transferred, but they are just interested in financing, Royal Bank of Commerce will definitely welcome it.

Unexpectedly, Huggins actually said, "Well, I respect Luke's opinion."

This was the strategy they had set when they returned to the company.

Although they all drooled after seeing the temptations brought by Feng Yiping, however, if the transfer price is based on the average stock price of the past twenty days, if it is increased by 15% or 20%, or more, then the income will also be It's really suspenseful.

Besides, the more prepared you are to make concessions, the more you must show that you are willing to spend every penny. Otherwise, it may be like retreating into defeat.

Feng Yiping still wants to create some conveniences for Cummins and his team. "I hope this is a comprehensive cooperation agreement. It is not only our transfer of shares, but also includes our financing agreement."

"So, I hope that the related benefits can be viewed together from the two agreements. This is a major premise,"

"Feng, don't worry, we know this very well. Our president, Mr. John Henkin, sincerely hopes that you can visit our headquarters in Toronto," Wiggins changed the topic.

"There will be a chance," Feng Yiping said. "I passed by your headquarters recently. The gorgeous and elegant building of your headquarters is very impressive. If they hadn't introduced it, I would have thought it was a church."

The headquarters of their bank can be said to be one of the landmark buildings in Toronto. It has also been inherited for more than a century. What is unique is that this building has a total of 16 statues of gods. Some people say that they are the patron saint of Toronto.

Feng Yiping only saw one. At the grand entrance of the building, he saw the god of bankers, Mercury.

Feng Yiping has such an ability now. A few simple words will always scratch the opponent's itch just right. The headquarters building is indeed a pride of the Imperial Bank of Commerce. Even people like Wiggins, Now when I heard Feng Yiping mention it like this, I immediately felt very honored, "I am very much looking forward to having the opportunity to serve as a guide to lead you to visit our headquarters building,"

"There will be," Feng Yiping said. "Here, I would also like to mention something beyond the agreement. Our NEXTDOOR has now covered various communities in the United States, and our promotion in Canada is also in full swing. ,"

"We all know that your bank has many branches, so can we send someone to do an online promotion for your bank's employees? Of course, there is no force,"

"This is not a problem at all. Our family is already a member of NEXTDOOR. We are happy to recommend such a website to our colleagues, which is very helpful for daily life,"

Wiggins is naturally not a jobber, so it is impossible for him to not have any understanding of Feng Yiping's NEXTDOOR.

"Thank you," Feng Yiping raised his glass, "I also wish that our agreement can be reached as soon as possible. Thank you for your hard work,"

He set the general direction, and the specific terms were of course to be discussed by Cummins. As for his main arrangement in the afternoon, which was quite difficult, he took his baby daughter to see the snow.

Really, it's not easy for someone who is very afraid of the cold, isn't it?

…………

Hastings looked at the snowflakes flying in the sky, but he didn't feel any yearning or affection at all.

Although it is said that the Montreal city government spends as much as 50 million Canadian dollars on snow plowing every year, soon after entering the city, they were blocked for half an hour because of a traffic accident caused by a skid.

In fact, he was not in a hurry now. It took him more than six hours to fly here from Silicon Valley. It was already evening, and those who should get off work had already left work. What should be discussed in the afternoon had already been discussed, so there was no point in rushing.

He is not worried that the two parties will be able to reach an agreement this afternoon. After all, this is a deal involving at least hundreds of millions of dollars, and it cannot be finalized so quickly.

Of course, all kinds of discomfort are bound to happen.

Randolph stabbed him hard in the back; Luke, who had vowed to support him during the phone call not long ago, also did so quietly; on the way here, the airline's poor service, and, why can't I Like Feng Yiping, he also has his own business jet?

What a terrible road condition; and how could Luke not answer his phone?

Regardless of the fact that it was already past nine o'clock in the evening, he dialed again, but there was still a monotonous beeping sound on the other side. After thinking about it, he didn't leave a message for Luke to tell him that he had arrived in Montreal.

"Can you hurry up? Is there any other way?" He couldn't help urging the taxi driver.

After Randolph said it many times, he also felt that there were indeed some problems with his personality recently, such as impatience and irritability. He didn't want to think about the underlying reasons.

Because when I think about it deeply, I am in a very powerless situation like this.

However, he forgot for a moment that this is the second largest French-speaking city in the world, slightly smaller than Paris. The black guy driving the car spread his hands and pointed at the steering wheel, "You coming?"

Hastings is furious!

However, there is indeed something wrong with his temper. He thought to himself, why do taxi drivers make him angry now?

…………

At nine-thirty the next morning, in the conference room of the Canadian Imperial Bank of Commerce Asset Management Company, Cummins and Luke each led a team to work on two sides, each holding a copy of the latest version of the agreement. "Item 7, we have no problem," Cummins said. explain.

"There is no problem on our side," Randolph glanced at the people on his side and then said.

When they pass every item, it will be time to sign the agreement.

Suddenly, there was a commotion outside the conference room, and someone shouted, "Why can't I go in?"

Luke frowned and said to one of his men, "Go take a look,"

He saw Cummins opposite who seemed to be listening attentively, "What's wrong?"

"It can't be him!" As soon as Cummins said this, a voice came from the door, "Sure enough, they are all here!"

Luke looked up and saw who he was? Hastings stood at the door with an angry look on his face, nodded, and looked at the people on both sides of the conference table fiercely, as if he wanted to imprint everyone present firmly in his mind.

"Hastings, why are you here?" Luke stood up quickly.

His man, whom Hastings easily pushed aside, said, "Mr. Hastings came straight in."

Hastings really went straight.

After graduating from college, he ran to Africa for a while. He once crossed the entire African continent safely, alone and with only ten dollars on his body.

For most people, even if they bring enough money, they are unlikely to be able to cross Africa safely. To be able to do this, he must at least have the strength.

In addition, he is so tall, how can these employees in the office here who are running on the treadmill in the gym stop him?

"Harry, take Mr. Hastings to my office. Hastings, you see, we are negotiating an important agreement," Luke said.

"Of course it is important," Hastings said. "This is an agreement related to the fate of my company. Luke, I am very curious about what kind of offer can make you ignore our many years of cooperation. "

Although everyone had already put the draft of the agreement in their bags and put it on their bodies, facing someone like Hastings who had no regard for etiquette at this time, there was only one random outcome. He stood up and grabbed two copies.

"Hastings, this is our confidential business document," Luke, as the host, was a little angry at this time. He had never seen such a gaffe.

Cummins, on the other hand, breathed a sigh of relief. It was a good thing for him and NEXTDOOR that Hastings could lose his composure and be so panicked. It would be fine if he panicked!

Hastings turned a deaf ear to Luke's words and glanced at the most critical items in the front of the agreement. He was stunned and said, "It's only 14 points higher than the average stock price."

He became even more angry now, "Luke, are you so unfavorable to Netflix?"

In similar mergers and acquisitions, the transfer price usually starts at 15% higher than the average stock price. As a result, they only added 14 points, which is really a jump price.

Being so eager to get rid of it shows how unfavorable it is for Netflix.

"I won't introduce you. You must also know. Who are you?" He looked at Cummins and said.

"Cummins, currently in charge of the mergers and acquisitions business," Cummins smiled and handed over a business card.

"Then, Luke, Cummins, I'll add 18 points," Hastings slapped the agreement on the table with a "snap".

"18 points, and I have to remind you, Luke, that as a shareholder, I have the right of first refusal,"

"No, Hastings," Luke shook his head, "The agreement you saw is just one of our series of cooperation agreements, so it is only 14 points. If it is just a simple acquisition, then 18 points is not our most ideal price,"

Luke took the two agreements back from him.

"A series of cooperation agreements?"

"Yes, a series," Luke said.

Cummins smiled and said, "Mr. Hastings, then, how do you plan to pay for this money?"

"How do you do it?"

"All in cash," Cummins shook his hand.

"Then I also..."

Hastings didn't say the rest of the words. This more than 7% of the shares, according to his offer, was definitely over 200 million US dollars, which he, or Netflix now, could not afford.

"I'm all cash too," he said, still gritting his teeth.

What else can we do? They are all going to sell their shares. Can you give him some of the same shares? Then will he sell or buy?

One or two hundred million yuan of financing, try hard, for him at present, it is difficult, not difficult.

"I roughly know your financial situation. If you continue like this, your funds will not be enough to support your eventual acquisition of the entire Netflix," Hastings said.

"Yes, it is a bit nervous, so we are considering financing," Cummings said with a smile.

"Financing?" Hastings looked at the expressions on their faces, "No?"

"Yes, it's their bank," Cummings said, "We are also negotiating a high amount of financing at the same time,"

Hastings looked at Luke, his eyes were about to burst into fire, meaning that you sold my shares to them, and you helped to pay for this money!

F/uck, f/uck, f/uck, he cursed in his heart, "Luke, you guys just don't support me? Then I will raise funds from you too,"

But before he finished speaking, Luke started shaking his head, looking like it was impossible.

Seeing his reaction, Hastings was so angry that his eyes almost popped out.

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