The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce
Chapter 319 Give up the offer, is Guy smart?
Starting from October 97.
The two capitals launched a bid competition for the popular Internet zip2.
Wang Lei made the first offer, US$5 million.
It was a humiliating offer for the company's other shareholders, including Sorkin.
With Sorkin as an insider, Guy naturally knew Wang Lei's offer.
He tacitly gave an offer of US$5.5 million.
This made those shareholders feel very bad.
The price fell far short of their psychological expectations.
At this time, the Internet was extremely hot and zip2 was booming. How could they sell it at such a low price?
They called Sorkin and Mast and told them to talk to the two parties and must give a sincere price.
This time Wang Lei offered a price of US$9 million.
Guy made an offer of US$10 billion.
This is infinitely close to the capital market’s valuation of zip2.
However, shareholders feel that this price is still a bit low. Although their investment has doubled many times, they still feel that the quotation can be higher.
Master told Wang Lei what the shareholders thought.
"Haha, we are just cooperating in a play. According to this transaction price, the shares of the two brothers combined can be cashed out for hundreds of millions of dollars."
Mast nodded. At this point, he would be lying if he said he wasn't excited.
Wang Lei is also very satisfied with his return on investment.
If it drags on for another two years, the valuation of zip2, which is caught in office struggles, will shrink significantly. Someone is willing to spend 3 million US dollars to take over the deal, which makes the board of directors feel that it is a windfall, and they immediately unanimously approve the transaction.
At this time, selling zip2 is the best time to cash out.
"Since you are satisfied with the price, I will withdraw from the quotation. Doesn't Guy like to steal my things? Just give it to him."
Master nodded and reported Wang Lei's decision to abandon the offer to the company's board of directors.
zip2's shareholders were devastated to hear this.
Isn’t this guy Wang Lei determined to get zip2? Why did he give up as soon as it reached the estimated price?
They did not dare to question Wang Lei and could only point the finger at Mattes.
"Did you say something to him that made him unwilling to continue the offer?"
"You have the nerve to mention it. Mr. Wang Lei is not a fool. Don't think he doesn't know that you want to raise the price. His valuation of the company is 9 million. If the price exceeds this price, he can only withdraw from the acquisition of the company!"
The shareholders who had their thoughts exposed were a little helpless.
They found that Mattes, who had previously been submissive, was becoming more forceful in his speech.
In the past, Master was quite honest in front of them.
It seems that Master has gained more confidence after spending more time with the big boss.
"Master, don't think that because you are close to Wang Lei, you can teach us a lesson. You are still young..."
Master was too lazy to listen to these people's lectures and slammed the door hard and left.
"Hmph, he has stiffened his wings and mistook Wang Lei's influence for his own strength. Sooner or later he will regret it."
"Let's not mention him anymore. Let's call Sorkin over. One billion will be one billion. It's business to realize our investment as soon as possible and settle down."
Their appetite has been whetted for so long, and it would be a lie to say they don’t want to sell.
If it is reported at this time that the acquisition failed, it will also be a scandal that has changed direction.
Sorkin, who was the last to get the news, was also surprised.
But when he thought about it carefully, it was a good thing for him.
He finally breathed a sigh of relief. This way, he no longer had to worry about losing his position.
"Sorkin, what are you thinking about? Hurry up and call Guy to complete the acquisition. Tell him not to waste time. Maybe we won't sell it in a few days."
At this time, Internet companies are valued every day, which is not an exaggeration.
Sorkin naturally didn't dare to slack off.
After Guy heard that Wang Lei gave up the new round of quotations, he always felt that something was wrong.
He wanted to enter the game precisely because Wang Lei was optimistic about zip2. Now that the price has just reached the valuation, the other party has given up on continuing to quote. Is there something fishy in this?
Wang Lei is not someone who gives up so easily.
He rarely gives up on things he likes half-way.
Unless there is some pit waiting for him here.
Guy, who was about to suffer from victim paranoia, became paranoid.
But after he asked financial experts and a professional team to study zip2's various accounts, he could not find out what the problem was.
His delay in signing the acquisition contract aroused the displeasure of the board of directors, who felt that Guy was trying to lower the price in this way.
"Sorkin, go and reply to Guy. If he doesn't make a decision within three days, our board of directors will blacklist him and we will not negotiate any transactions with him again!"
Sorkin was in a dilemma, wondering what the problem was.
Obviously Guy wanted to buy zip2, and the shareholders also wanted to sell their shares, but the deal has not been finalized.
This made it extremely difficult for him, the person who was the bridge-maker.
After receiving the notice, Guy just frowned and said;
"Sorkin, don't be anxious. We can wait and see. I want to continue researching."
He was speculating on Wang Lei's thoughts. Where was the key point that made Wang Lei decide to give up the offer?
Guy can be regarded as a proud man of heaven, but it is a pity that he does not have Wang Lei's divine perspective. How could he have thought that the core of zip2 is the founder of Master.
In his eyes, Sorkin was the managerial talent, and Master was just a dropped-out doctoral student with some technical luck.
Sorkin didn't know what the big shot was thinking, so he could only keep all his questions in his heart.
Just when the negotiations were about to break down, exciting news came from the stock market.
Microsoft's market value soared to $3000 billion!
Just because Wang Lei appears on Microsoft's latest shareholder details!
Investors who blindly followed Wang Lei began to buy Microsoft shares crazily.
This has excited many investors. They have financial amnesia and are looking for investable targets in technology stocks.
Some Internet companies that are about to go public have naturally become their primary targets.
Guy clearly felt that Sorkin was urging him less frequently.
Realizing this, Guy had no choice but to bring his people to the door again.
He eventually decided to buy zip10 for $2 billion.
At the trading table, he rarely bumped into Wang Lei.
When he thought that the other party had taken nearly [-] million US dollars from him, his wonderful mood became worse.
However, Guy claimed to be Wang Lei's evenly matched opponent, so he pretended to be calm and pushed the check with the amount written on it in front of Wang Lei.
In terms of numbers, Wang Lei rounded up the numbers.
It has the meaning of a winner showing off his power.
Just when Wang Lei put away the check and was about to leave with the Master brothers.
Guy stopped Wang Lei and asked:
"Wang Lei, there is a question that has been bothering me for a long time. Can you give me an answer?"
Wang Lei smiled casually:
"If it's an investment technical issue, I'm sorry, but my consultation price is not cheap."
The two capitals launched a bid competition for the popular Internet zip2.
Wang Lei made the first offer, US$5 million.
It was a humiliating offer for the company's other shareholders, including Sorkin.
With Sorkin as an insider, Guy naturally knew Wang Lei's offer.
He tacitly gave an offer of US$5.5 million.
This made those shareholders feel very bad.
The price fell far short of their psychological expectations.
At this time, the Internet was extremely hot and zip2 was booming. How could they sell it at such a low price?
They called Sorkin and Mast and told them to talk to the two parties and must give a sincere price.
This time Wang Lei offered a price of US$9 million.
Guy made an offer of US$10 billion.
This is infinitely close to the capital market’s valuation of zip2.
However, shareholders feel that this price is still a bit low. Although their investment has doubled many times, they still feel that the quotation can be higher.
Master told Wang Lei what the shareholders thought.
"Haha, we are just cooperating in a play. According to this transaction price, the shares of the two brothers combined can be cashed out for hundreds of millions of dollars."
Mast nodded. At this point, he would be lying if he said he wasn't excited.
Wang Lei is also very satisfied with his return on investment.
If it drags on for another two years, the valuation of zip2, which is caught in office struggles, will shrink significantly. Someone is willing to spend 3 million US dollars to take over the deal, which makes the board of directors feel that it is a windfall, and they immediately unanimously approve the transaction.
At this time, selling zip2 is the best time to cash out.
"Since you are satisfied with the price, I will withdraw from the quotation. Doesn't Guy like to steal my things? Just give it to him."
Master nodded and reported Wang Lei's decision to abandon the offer to the company's board of directors.
zip2's shareholders were devastated to hear this.
Isn’t this guy Wang Lei determined to get zip2? Why did he give up as soon as it reached the estimated price?
They did not dare to question Wang Lei and could only point the finger at Mattes.
"Did you say something to him that made him unwilling to continue the offer?"
"You have the nerve to mention it. Mr. Wang Lei is not a fool. Don't think he doesn't know that you want to raise the price. His valuation of the company is 9 million. If the price exceeds this price, he can only withdraw from the acquisition of the company!"
The shareholders who had their thoughts exposed were a little helpless.
They found that Mattes, who had previously been submissive, was becoming more forceful in his speech.
In the past, Master was quite honest in front of them.
It seems that Master has gained more confidence after spending more time with the big boss.
"Master, don't think that because you are close to Wang Lei, you can teach us a lesson. You are still young..."
Master was too lazy to listen to these people's lectures and slammed the door hard and left.
"Hmph, he has stiffened his wings and mistook Wang Lei's influence for his own strength. Sooner or later he will regret it."
"Let's not mention him anymore. Let's call Sorkin over. One billion will be one billion. It's business to realize our investment as soon as possible and settle down."
Their appetite has been whetted for so long, and it would be a lie to say they don’t want to sell.
If it is reported at this time that the acquisition failed, it will also be a scandal that has changed direction.
Sorkin, who was the last to get the news, was also surprised.
But when he thought about it carefully, it was a good thing for him.
He finally breathed a sigh of relief. This way, he no longer had to worry about losing his position.
"Sorkin, what are you thinking about? Hurry up and call Guy to complete the acquisition. Tell him not to waste time. Maybe we won't sell it in a few days."
At this time, Internet companies are valued every day, which is not an exaggeration.
Sorkin naturally didn't dare to slack off.
After Guy heard that Wang Lei gave up the new round of quotations, he always felt that something was wrong.
He wanted to enter the game precisely because Wang Lei was optimistic about zip2. Now that the price has just reached the valuation, the other party has given up on continuing to quote. Is there something fishy in this?
Wang Lei is not someone who gives up so easily.
He rarely gives up on things he likes half-way.
Unless there is some pit waiting for him here.
Guy, who was about to suffer from victim paranoia, became paranoid.
But after he asked financial experts and a professional team to study zip2's various accounts, he could not find out what the problem was.
His delay in signing the acquisition contract aroused the displeasure of the board of directors, who felt that Guy was trying to lower the price in this way.
"Sorkin, go and reply to Guy. If he doesn't make a decision within three days, our board of directors will blacklist him and we will not negotiate any transactions with him again!"
Sorkin was in a dilemma, wondering what the problem was.
Obviously Guy wanted to buy zip2, and the shareholders also wanted to sell their shares, but the deal has not been finalized.
This made it extremely difficult for him, the person who was the bridge-maker.
After receiving the notice, Guy just frowned and said;
"Sorkin, don't be anxious. We can wait and see. I want to continue researching."
He was speculating on Wang Lei's thoughts. Where was the key point that made Wang Lei decide to give up the offer?
Guy can be regarded as a proud man of heaven, but it is a pity that he does not have Wang Lei's divine perspective. How could he have thought that the core of zip2 is the founder of Master.
In his eyes, Sorkin was the managerial talent, and Master was just a dropped-out doctoral student with some technical luck.
Sorkin didn't know what the big shot was thinking, so he could only keep all his questions in his heart.
Just when the negotiations were about to break down, exciting news came from the stock market.
Microsoft's market value soared to $3000 billion!
Just because Wang Lei appears on Microsoft's latest shareholder details!
Investors who blindly followed Wang Lei began to buy Microsoft shares crazily.
This has excited many investors. They have financial amnesia and are looking for investable targets in technology stocks.
Some Internet companies that are about to go public have naturally become their primary targets.
Guy clearly felt that Sorkin was urging him less frequently.
Realizing this, Guy had no choice but to bring his people to the door again.
He eventually decided to buy zip10 for $2 billion.
At the trading table, he rarely bumped into Wang Lei.
When he thought that the other party had taken nearly [-] million US dollars from him, his wonderful mood became worse.
However, Guy claimed to be Wang Lei's evenly matched opponent, so he pretended to be calm and pushed the check with the amount written on it in front of Wang Lei.
In terms of numbers, Wang Lei rounded up the numbers.
It has the meaning of a winner showing off his power.
Just when Wang Lei put away the check and was about to leave with the Master brothers.
Guy stopped Wang Lei and asked:
"Wang Lei, there is a question that has been bothering me for a long time. Can you give me an answer?"
Wang Lei smiled casually:
"If it's an investment technical issue, I'm sorry, but my consultation price is not cheap."
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