Chapter 828 Zhang Yiming Is Preparing to Launch the Poison Pill Plan

Zhang Yiming now wants to skin Zhang Nansheng alive. It is all because of his small mistake that the current situation is so difficult.

In fact, Yang Chen deliberately raised the price to 150 billion meters of gold because he calculated correctly that even if Zhang Yiming sold all his belongings, he would not be able to acquire the equity interests of other shareholders.

But if they don't buy back the equity in the hands of shareholders, they will sell it to Yang Chen at a high price.

Repurchase, no money.

If you don't repurchase it, there will be endless troubles.

Now Zhang Yiming is really in a dilemma and doesn't know what to do.

At this time, SoftBank's representative clearly said to Zhang Yiming: "Director Zhang, our headquarters sent an order, clearly requiring me to go through the equity transfer procedures as soon as possible and sell all 4.5% of the Douyin equity we hold to Mr. Yang Chen. All, I'm sorry that I can't continue discussing with you here. I have to get started now. Director Zhang, everyone, take your leave."

Zhang Yiming quickly stood up and shouted: "Wait a minute, give me some time to think about it. Even if I want to buy back your equity, you have to give me time to raise money, right?"

The SoftBank representative smiled and replied: "Director Zhang, I may not have made it clear just now, so you didn't understand. Let me tell you again. The headquarters ordered me to contact Mr. Yang Chen immediately and transfer all 4.5% of the equity we hold. Sell ​​it to him. There is no room for negotiation. This is an order from the headquarters, and I can only carry it out unconditionally. Does Director Zhang understand what I mean?"

To put it bluntly, SoftBank informed Zhang Yiming that they were going to sell the equity to Yang Chen, instead of reporting or discussing with him.

SoftBank representatives left immediately.

Zhang Yiming was furious and immediately called SoftBank’s boss Sun.

He must ask why SoftBank is so ruthless and leaves him no room for negotiation.

Soon, the call was connected.

In fact, Boss Sun didn't want to answer the call, but when he thought that he might invest in Zhang Yiming's company in the future, there was no need to stalemate the relationship, so he still answered the phone.

Boss Sun: "Haha... Director Zhang, what do you want to tell me? Are there any good projects?"

Zhang Yiming replied angrily: "Don't you know why I called you? Let me ask you, why did you just sell the equity to Yang Chen without leaving me any room for negotiation? You knew I didn't Repurchase?”

Boss Sun replied helplessly: "Director Zhang,

You have misunderstood me. It's not that I don't want to leave room for you, it's that I really don't dare to leave room for you. To tell you the truth, Yang Chen found the presidents of Yamaguchi and Shindaokawa Groups to come to me and ask for equity. I didn’t want to give them face. After all, we at SoftBank are not vegetarians, so there is no need to be afraid of them. But they are so annoying, sending people to scan our employees and family members 24 hours a day. You also know the nature of these two groups. Our companies doing serious business really cannot afford to deal with them. It just so happens that the money offered by Yang Chen this time is also very high, and we really can’t find any reason not to sell it to him. I hope Director Zhang can bear with me, and I hope you can understand my situation and choices. If there is another opportunity in the future, SoftBank will definitely continue to invest in your industry, Mr. Zhang. "

Zhang Yiming was stunned. He couldn't have guessed that Yang Chen actually had close ties with companies like Yamaguchi and New Inakawa.

If it is true as Boss Sun said, SoftBank really has to sell its shares to Yang Chen quickly.

On the one hand, it can prevent Yamaguchi and Shin Inagawa from continuing to harass their employees and families.

On the other hand, they can immediately obtain more than 3 times the income.

So, why don't they sell their equity to Yang Chen?

"Okay, I get it!" Zhang Yiming said helplessly and angrily.

Then he hung up the phone.

When the shareholders saw Zhang Yiming's depressed look, they knew that he had a bad conversation with Boss Sun.

SoftBank's investment vision is still very good, especially its investments in some Internet technology companies, and it has basically never failed.

They previously invested in Alibaba and made a lot of money.

This time they invested in Douyin, and they made a lot of money again.

Other shareholders couldn't hold back their impulses.

They want to follow SoftBank Group and quickly sell their shares in Douyin.

Representative of Tiger Fund: "Director Zhang, please give us a clear answer now, whether you can buy back our equity. If you can't give us a clear answer, then we can sell the equity to Yang like SoftBank." Chen. We can’t help it, he gave us too much, and we really can’t refuse it.”

Representative of Yuntou Fund: "Yes, there is no point in delaying it like this. We have given Director Zhang the right to buy back first, but if you don't seize the opportunity, then we can only say sorry. If this brings any consequences to Director Zhang Let’s apologize for the trouble in control.”

Representative of Sequoia Capital: "I also think there is no need to delay it like this. In fact, Director Zhang can make a decision now whether to buy back the equity. Our time is precious, and we hope that Director Zhang will make a decision as soon as possible, so as not to waste it on everyone." time spent in this useless procrastination."

Zhang Yiming never thought that there would be a day when he would be forced by shareholders to do this.

However, as the chairman of a large group, Zhang Yiming is also a decisive person.

Since there is no money to acquire all the shares held by other shareholders, how about acquiring part of the head office?

Since Yang Chen can't be prevented from becoming a shareholder, then just try to let him acquire less equity.

Yang Chen acquired all the shares held by other shareholders, and could theoretically acquire 49% of the shares.

Zhang Yiming decided to acquire approximately 16% of the equity from other shareholders, leaving Yang Chen with a maximum of 33% of the equity.

As a result, the equity held by Zhang Yiming and his concerted persons has reached 67%, and they will achieve absolute control of Douyin.

what does that mean?

This means that any proposal made by Zhang Yiming does not need to be approved by Yang Chen, and he can make his own decision.

In this way, Zhang Yiming can dilute the 33% equity held by Yang Chen by absorbing other shareholders or issuing additional equity.

On the premise that the company's valuation has not increased significantly, the equity held by Yang Chen has been diluted to even less, which means that the equity in his hands has depreciated.

Even if the valuation of Douyin really rises to 150 billion meters in the future, the equity held by Yang Chen will not be sold for the money he spent before.

I have to say that Zhang Yiming is indeed a smart person, but Yang Chen is not bad either, and his business acumen is no worse than his.

Of course Yang Chen can think of the problems that Zhang Yiming can think of.

When Zhang Yiming held this shareholders' meeting, Yang Chen had already called the headquarters of these shareholders.

If Zhang Yiming repurchases their equity, no matter what price he offers, Yang Chen is willing to pay a 20% premium for the purchase.

Therefore, if Zhang Yiming wants to buy back 16% of the shares to ensure his absolute control of Douyin, it is absolutely impossible to succeed.

It's just that he didn't know it, and he thought his poison pill plan was perfect.