Font
Large
Medium
Small
Night
Prev Index    Favorite NextPage

Chapter 141: The acquisition is completed, ready to negotiate(1/2)

In the next two weeks, General Electric and RCA held three rounds of negotiations, but no agreement was reached. Some other differences had been agreed, and only one price issue was left. The two sides were still arguing.

However, the prices given by both parties are very close. Goldman Sachs and General Electric are $3.6 billion, while RCA's shareholders have dropped the price to $3.8 billion.

Obviously, they are more anxious because although General Electric and Goldman Sachs have no more measures, the bullets fired before are still flying, so RCA's stock price is still falling every day.

This also allowed Kenny Smith to be at ease during negotiations and seized this point and frantically lowered the price.

In fact, the defense line in the hearts of RCA shareholders has been loosened. Many of these shareholders are pension funds and university investment funds. Faced with the current situation of RCA, what they want more is to put their pockets in order to ensure their security.

On October 20, the day after the third round of negotiations ended, General Electric officially informed RCA that the fourth round of negotiations will be held in three days, and the last round of negotiations will be the last round of negotiations.

The consensus will regretfully announce the breakdown of the negotiations between the two sides.

Faced with General Electric's almost ultimatum notification, RCA was indeed a little panicked.

Since Sean Bulade was dismissed, the successor CEO Mark has been unable to stop him at all. Moreover, he has always served as deputy, and has little decisiveness, and has not achieved a good opportunity to meet with the Secretary of State that he has finally won.

effect.

Even the management of RCA has been undermined, and almost all external affairs, especially the negotiations with General Electric, are taken over by the shareholders' meeting.

If they are asked to wait for money, they are very good at it, but if they are involved in specific matters, they will appear to be in a hurry.

Lei Yunrong arranged for Wang Fangyu to follow up on the negotiation progress between them, and he was playing Big Apple City with Mei.

Lei Yunrong's final negotiation target was General Electric, so he didn't care much about how General Electric and RCA discussed it. However, in order to have a clear understanding of the subsequent negotiations, he still arranged for Wang Fangyu to understand the negotiation situation between the two parties and to learn more about RCA.

Situation of the company's TV business department.

Lei Yunrong knew clearly that large-scale acquisition negotiations involving more than one billion US dollars of funds would definitely not be negotiated in a short period of time, although General Electric had an absolute advantage at this time.

So Lei Yunrong would definitely not be so busy. He happened to learn that Kelly Fisher is now in New York, so he asked her to come and be a tour guide for himself and visit the largest and most famous city in America.

At this moment, the two were watching the drama from Broadway. Kelly Fisher saw Lei Yunrong's face a little tired.

"Allen, don't you like watching dramas?"

"No, it's just that I don't feel much about the stories Shakespeare created."

"No, the works created by Shakespeare are all classics."

"Uh... Maybe I can't get where his classic works are. Compared to Shakespeare, I prefer the works of Tang Xianzu, a master of Chinese drama. If you have time, come to Xiangjiang, I will take you to see his works.

Peony Pavilion.”

"I have never heard of the drama master you mentioned or his works."

"It doesn't matter. When I have the chance, I will bring his works to New York and let you also see our classic Chinese dramas."

But Kelly Fisher is obviously not very interested in this, so he changed the topic:

“Where are we going now?”

"Let's go back to the hotel, and I've visited New York these days."

"Allen, then how do you feel about the city in New York?"

"I feel very good. New York is worthy of being the world's largest city, very prosperous and has very good service."

Hearing Lei Yunrong's words, Kelly Fisher couldn't help but smile:

"That's because you have money, so everything you see is very beautiful."

"I know, isn't there another name in New York called Sin City?"

"That's right."

"But that has nothing to do with me. I work so hard to make money just to experience the beauty of this world."

"Allen, do you know when you're the most charming?"

"when?"

"It's when you show that I'm rich without any hesitation."

"Do you like it?"

"What do you think?"

"Haha, let's go back to the hotel!"

The clouds gathered the rain, and Lei Yunrong couldn't help but ask:

"Kelly, you've been with me in New York for almost half a month. Have you arranged your work?"

"Allen, I'm about to tell you that I'll have to go back to Hollywood tomorrow. The filming date after tomorrow I signed a film contract will start shooting, so I can't accompany you anymore."

"It's okay, your job is important, by the way, are you the heroine?"

"Of course, the movies I look for are all heroines in my current fame."

"Then you have been with me for so long, aren't you afraid that you can't get into the crew?"

"No, I've memorized all the lines, and this is a love movie, so I can be regarded as an experience of life."

"Since that's the case, I don't think the life you've experienced is comprehensive enough."

"What do you want to do?"

"What do you think?"

…………

The next day, Lei Yunrong slept until the sun was noon before getting up, and Kelly Fisher had already left, which made him sigh that women's recovery ability is indeed better than men.

Lei Yunrong didn't leave the room, so he asked the hotel to bring lunch.

In fact, in addition to working hard at night, it is actually a bit tiring to wander around during the day. Although you have beauty, physical fatigue cannot deceive people.

So Lei Yunrong simply took a good rest in the room and looked at the current negotiations between General Electric and RCA. There should be a result in the past two days, and he must keep in a good state.

As expected, on the third night, Wang Fangyu suddenly called.

As soon as Lei Yunrong answered the phone, Wang Fangyu's slightly excited voice came from inside.

"Lei Sheng, the negotiation is over!"

"When did it happen?"

"Just just now, General Electric and RCA talked about it from 9 a.m. to now, for a whole day, they just reached a consensus and there was no disagreement on all terms of the acquisition agreement, and they will sign the day after tomorrow.

Formal contract.”

“What is the amount of harvest?”

"General Electric acquired the shares in these shareholders at an overall valuation of 3.68 billion yuan, and in an all-cash manner, these institutions are preparing to cash out and leave the scene."

"So it's our turn to play next?"

"That's right, but it will take some time for General Electric to sort out the matters of RCA, so we can prepare first."

On October 25, RCA suddenly submitted an application to the New York Stock Exchange, and the company was temporarily suspended due to major equity changes.

Shortly afterwards, General Electric and RCA jointly issued an announcement that General Electric has acquired 36% of RCA's shares and became its largest shareholder.

Then General Electric issued another announcement that it would acquire 54% of RCA's shares in cash and stocks at a valuation of US$3.5 billion, and finally apply for privatization and delisting.

America's securities market is already very mature, and there are several ways to privatize and delist. General Electric adopted the simplest and most direct method to cut the mess quickly, acquiring 90% of the company's shares and then forcibly delist.

At this time, RCA's market value was above $3 billion, and General Electric invited the acquisition at a valuation of $3.5 billion to give a significant premium. However, compared with RCA's original value of nearly $5 billion, General

Electrical is a huge profit this time.

Three days later, RCA resumed trading on the New York Stock Exchange, but the stock price did not rise in response, and it simply stopped the downward trend.

In fact, everyone knows that after this, RCA has become a bad reputation. Moreover, the TV and radio industries are recognized as sunset industry in America. General Electric's own electrical products are also half dead and acquired RCA.

It may not improve.

Therefore, many institutions and individuals choose to sell their stocks to General Electric. They were really cheated by RCA's stocks. The stocks they have had in just one or two months and they can hold the stocks until now

They all have confidence in RCA, but they didn't expect that this ended up. They greeted the whole family of RCA's management in their hearts.

At this time, GE is willing to take over, so of course they are willing to take action. Some people are not optimistic about GE, and even think that the acquisition of RCA will become a burden to them, so they choose to take the money and leave.

Some people are still optimistic about General Electric. This pollution incident of RCA has become known to everyone around the world. The shadow of General Electric can be seen without any loss. Since they have spent so much effort to acquire RCA, it must be

With some planning, General Electric itself is a behemoth, so they chose General Electric's stock.

In general, there are more people in GE stocks.

As time goes by, General Electric holds more and more shares in its RCA company, but for such a large company, invitation acquisitions cannot be achieved in a day or two.

Regardless of the stock market at this time, Lei Yunrong approached Kenny Smith after General Electric and RCA reached a formal acquisition agreement.

After reaching the most important thing, Kenny Smith can handle the subsequent things without having to do it by himself.

Lei Yunrong also knew this, so he came to him. Lei Yunrong needed his help to acquire the TV business department of RCA.

"Allen, I guess you should come to me too."

"Are the matters on General Electric done?"

"It should be no big problem. According to the current situation, RCA can be fully privatized and delisted in about one month."
To be continued...
Prev Index    Favorite NextPage