Chapter 329 I Just Have a Lot of Money, Money Can Solve All Problems
After all, it is an acquisition worth tens of billions. Even if you can counter-offer 1%, you can save hundreds of millions.
Therefore, Zhang Yiming does not plan to explicitly say at the shareholders' meeting that he will repurchase 16% of the shares. Instead, he plans to contact these shareholders privately to take the opportunity to make a counter-offer.
"Don't force me so much. Give me some time to think about it. Let's end today's shareholders' meeting here. Let's think about it when we get back. If necessary, I will take the initiative to contact you. Okay?" Zhang Yiming The words were spoken with almost pleading anticipation.
The shareholders are not in a hurry anyway. No matter who they sell to, they can make a lot of money.
Therefore, they are willing to give Zhang Yiming time to think about it carefully.
Zhang Yiming announced the end of the shareholders' meeting, and everyone got up and left.
Zhang Yiming returned to the office and immediately asked his secretary to send him a list of shareholders' shareholdings.
He needs to refer to the list to choose which shareholders to contact to buy back their shares.
On the other side, Yang Chen has already contacted SoftBank representatives.
The two parties agreed on a meeting place to discuss the acquisition of 4.5% equity in person.
At noon the next day, the two parties signed an equity transfer agreement.
All 4.5% of Douyin's shares held by SoftBank Group were sold to Yang Chen, and Yang Chen needed to pay SoftBank Group a total of 6.75 billion meters in gold within one month.
In order to attract other Douyin shareholders to sell their shares as soon as possible, Yang Chen very impressively paid off all 6.75 billion meters of gold in just three days.
Other shareholders of Douyin quickly received the news. Yang Chen paid off SoftBank's 6.75 billion gold in three days, which shows that he is very powerful.
What are you most afraid of when selling?
That is, if the things are sold, the money will not be recovered for a while.
But Yang Chen was very powerful, and he could pay off the 6.75 billion meters of gold in three days. It was almost like paying with one hand and delivering the goods with the other hand. This was very attractive to the seller.
Therefore, shareholders such as Yuntou Fund who were discussing the buyback plan with Zhang Yiming immediately had a showdown with him.
First, Yang Chen said, no matter how much money he pays,
Yang Chen is willing to increase the price by 20% to acquire it.
Second, Yang Chen can pay all the money within three days, which is something Zhang Yiming cannot do.
As mentioned before, Zhang Yiming’s main source of wealth is equity, especially the equity value of Douyin.
He himself does not have much cash reserves, and it would be difficult to repurchase even 1% of his shares.
Because 1% of the equity is worth 1.5 billion gold.
If Daxia coins were used, the money would not be difficult to raise.
The problem is that if people want rice gold, it will be too difficult to raise 1.5 billion rice gold.
The country has very strict foreign exchange controls. If Zhang Yiming wants to use 1.5 billion meters of gold, he must apply.
However, he may not necessarily be able to apply for so many available ones if he applies. After all, what he wants to buy back is Douyin's equity, not importing high-precision technology from foreign countries.
Therefore, it is almost impossible for the State Administration of Foreign Exchange to meet his request of 1.5 billion meters of gold.
But in order to acquire these shares, Zhang Yiming had to quickly raise money. full content
If you can’t apply domestically, you can raise funds from abroad.
Fortunately, TIKTOK is very popular abroad and has also made Zhang Yiming a lot of money.
However, anyone who knows a little bit about corporate law knows that company money is not equal to personal money.
Even though TIKTOK is very profitable, the money does not belong to Zhang Yiming personally, but to the company.
If he wants to use the money, he must pay dividends. Only after the dividends enter his personal account can he use them freely.
However, dividends cannot be decided by him alone, and must be discussed at a shareholders' meeting.
Even if the dividend resolution is passed, dividends cannot be distributed immediately. Dividends cannot be distributed until funds are in place.
This delay will take several months. How can those shareholders of Douyin wait for him for several months?
Yang Chen can get the money in a few days, so who is willing to wait for him?
The problem of raising money is enough to make Zhang Yiming embarrassed.
But what made him even more powerless was that Yang Chen matched his offer without limit. No matter how much money he paid, Yang Chen would pay 20% more than him for the acquisition.
This is tantamount to announcing that Zhang Yiming’s buyback plan has failed.
With no other choice, Zhang Yiming called Yang Chen and wanted to have a good talk.
However, he realized that he had been blocked by Yang Chen.
Zhang Yiming was very angry, and at the same time felt ashamed, as if he had been insulted by Yang Chen.
There is no way, time still has to solve it.
So, Zhang Yiming changed his number and called Yang Chen.
But when Yang Chen heard it was Zhang Yiming's call, he hung up immediately.
Zhang Yiming, who was extremely angry, directly started a fight against Yang Chen on Weibo.
" x-on:Yang Chen, you are a robber. You don't care whether others are willing to welcome you or not, you just want to break in. I started the company, and I don't allow anyone to have an idea about him. If you are a simple financial I welcome investment. But if you have other ideas, I will definitely fight with you to the end. Don't think that just because you have money, you can do whatever you want. This world is based on law and morality. I hope the relevant departments can come forward to stop this kind of banditry. Others Is there any royal law for a business that has been built with so much hard work and he rushes over to interfere? Good and evil will eventually be rewarded. If you don’t believe it, look up and see who will be spared!"
Netizens who eat melons became very excited when they saw this Weibo post.
No, hundreds of millions of netizens have poured in to leave comments.
"Wow, those who didn't know better thought it was a poor man who was bullied. Take a closer look, oh, it turns out to be Zhang Yiming. Sorry to bother you."
"Who would dare to think that a big boss who ranks second on the rich list with a total assets of 340 billion would be bullied by others with money? Is there any justice in this? Is there any humanitarianism? 340 billion is not enough."
"Oh my God, I seriously doubt that the country forgot to bring me along when it made everyone rich. Before, celebrities evaded taxes of 800 million or 1.3 billion, and I decided it was an exaggeration enough. Well, now 340 billion is not enough for the rich. I will be bullied by Boss Yang with money. This world is too crazy, how easy it is for them to make money."
"340 billion is not enough. I have to start from the beginning of Pangu, and I can't make so much money now. But in the battle between the bosses, this money is not enough, and I will be bullied by more money. I can’t even think about it.”
"Boss Yang really means what he says. He must make an acquisition if he says it will. It seems that Boss Yang's acquisition plan is going well. Boss Zhang can't bear it anymore and can only complain on Weibo."
"A friend of mine who is an investment banker revealed that Boss Yang initially offered a price of US$150 billion to acquire the equity. Later, Boss Zhang wanted to buy back part of the equity and achieve absolute control. So Boss Yang told those shareholders again, No matter how much money Boss Zhang pays, he will always give 20% more. The shareholders are not fools. They are selling equity anyway. If they can earn 20% more by selling to Yang Chen, of course they will sell it to Yang Chen. Boss Zhang’s buyback plan failed. He called Boss Yang to sue for peace, but found that the number had been blocked. He changed his number and was hung up on again. So, he had no choice but to publicly shout to Boss Yang on Weibo. I have to say that Boss Yang He is really decisive and ruthless in doing things. Zhang Yiming probably never expected to meet such an opponent in his life."
"Internal news, Douyin is about to change its owner. Boss Yang has already said that he will acquire enough equity at any cost. Alas... Boss Zhang, you said you are not good at messing with anyone, why did you mess with a money printing machine? Woolen cloth?"
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