NOVEL NEXT Chapter 6
“Boss, their asking price is very high, 52% of the shares are priced at 11 billion US dollars”
“11 billion US dollars?”
Su Chengyang was shocked.
Does he have any shame?
Activision Blizzard’s current market value is only three or four billion US dollars (affected by the financial crisis). Vivendi is now asking for 11 billion US dollars for 52% of the shares. Doesn’t that mean that Activision Blizzard’s market value is as high as 20 billion US dollars?
They are taking him as a sucker.
Su Chengyang was furious and said,”Tell Vivendi that if they want to sell, they should negotiate nicely. If they keep asking for an unreasonable price, cancel the acquisition plan.”
Although he wanted to acquire Activision Blizzard, it didn’t mean he was willing to be a sucker.
In the current financial crisis, Activision Blizzard’s stock price plummeted. He stood up and proposed to acquire Activision Blizzard’s shares held by Vivendi at this time, which was equivalent to pulling Vivendi.
Not only was he not grateful, but he was also taking him as a sucker. Su Chengyang laughed angrily.
“What’s the lowest price in the boss’ mind?”
Jason planned to find out the price in Su Chengyang’s mind so that he could talk to Vivendi’s people.
“At most 3 billion US dollars.”
Su Chengyang thought of how he had used the”Golden Finger” to check the market value of Activision Blizzard and gave a price.
According to the current price of Activision Blizzard, the price he gave was already very sincere.
And next month, Activision Blizzard’s market value will fall again, to 260 million US dollars.
However, after entering 2009, after the subprime mortgage financial crisis subsided, the economy began to recover under the stimulus of various countries’ policies, and Activision Blizzard’s market value rebounded, breaking 10 billion US dollars again. In just two months, it rose to 14.5 billion.
Therefore, if you want to acquire Activision Blizzard, the best opportunity is to buy at the bottom now.
Once Activision Blizzard is taken over, it is equivalent to having a stable source of income.
According to Activision Blizzard’s financial report released last year, if he buys 52% of Vivendi’s shares, he can distribute dividends of nearly 2 billion US dollars every year.
As for now, due to the impact of the economic crisis, income will definitely decline.
Now there is no money, where is there money to recharge the game.
Hearing Su Chengyang say 3 billion US dollars, Jason felt that there was still hope for this deal.
Then, Su Chengyang asked about Yingwei Da and Netflix.
“Yingwei has acquired about 11.3% of the shares. Netflix is a bit more difficult, as the circulating shares are not that many. Currently, only 7.3% of the shares have been acquired.%ï¼�”
Although Netflix’s market value is only a few billion, the major shareholders hold a high proportion of shares.
It is not bad to be able to acquire 7.3%.
As for why there is no placard, it is because the purchase is made under a vest, so that if the shareholding ratio of a single institution or individual does not exceed 5%, there will be no placard.
Including the acquisition of 4.9% of Yingweida shares by Polaris and his own purchase of 3.8%, it means that it took more than a month. At present, the shareholding of Yingweida shares has reached 20%, and he is already the largest shareholder of Yingweida.
However, this has not yet met his expectations.
He plans to hold 29.9%, which is the critical line for triggering a mandatory acquisition.
According to the trading rules of the US stock market, shareholders with less than 30% increase their holdings to 30%, and shareholders with less than 50% increase their holdings to 50%, which will trigger a mandatory tender offer.
And this kind of acquisition may not be successful even if there is money, mainly because it is rejected at the regulatory level. Once rejected, it means that not only must the penalty for failed acquisition be paid, but the shares held must also be reduced to below the critical point.
Secondly, Su Chengyang did not want to acquire Yingwei, but chose to invest. A big reason was that he was afraid that his interference would cause a butterfly effect, causing Yingwei to not develop according to the previous trajectory and thus fail to become a trillion-dollar giant.
“Yingwei Da just needs to increase its holding to 29%”
“We can talk to Netflix directly. They should be very short of funds at this time. If we talk to them, I believe they will be happy to accept our investment.”
Su Chengyang thought for a while and said
“So, boss, how much do we plan to acquire?”
“20% is enough”
“”Okay, I understand!”
Jason nodded in agreement. This number excludes the acquisition from the stock market, and the remaining 12.7% is not too difficult to acquire from Netflix shareholders.
Once you acquire 20% of the shares, even if you are not the largest shareholder, you will be ranked second. You will not become a dispensable shareholder with no say.
“In addition, inform everyone that there will be a celebration party at the Hilton Hotel tomorrow. Please be on time for surprises.”
After discussing the business, Su Chengyang thought about his previous promise. Now that the money has arrived, he has to reward them well.
When Jason heard that there would be a party tomorrow night and there would be a surprise, a surprised smile immediately appeared on his face, and he said flatteringly:”Don’t worry, BOSS, such a good thing, I promise that they will definitely participate, and no matter what happens, they will not be hindered from attending the party.”
Although Su Chengyang did not say it, but having followed Su Chengyang for two or three years, it is not difficult for me to understand that my young boss will give money to everyone tomorrow.
Su Chengyang smiled and said,”Okay, don’t be happy, hurry up and notify the administration and book a seat at the Hilton, so that there won’t be no seats left.”
“OK, boss!”
Jason nodded and turned away.
(Ps: New book, please collect, flowers, and comment votes!)
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