Chapter 0604: Williams' Resolution
The atmosphere in the conference room was more serious than the last board meeting, because no one expected that BMW would announce that it would compete for the ownership of Rolls-Royce at this time, and also gave a higher offer than Tianming Automobile Company.
It can be said that every member of the board of directors present was extremely shocked in their hearts after hearing the news.
"BMW's official offer has been placed here, and someone from BMW will come and contact us this afternoon, and tomorrow there will be a general meeting of shareholders, and I want to hear your opinions before that. Seeing that the crowd did not speak, Williams emphasized again.
"This matter is really a bit difficult to handle, if we accept BMW's offer, wouldn't it be a disguised request for Tianming Automobile Company to increase the offer?"
"That's right, if we do this, the reputation of our Fox Group will not be good, who will dare to do business with us in the future?"
"I don't think it's worth $70 million to get a company's reputation to go down. ”
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The first few members of the board of directors to speak were clearly not in favor of accepting BMW's offer, but were in favor of continuing to complete the deal with Tianming Automobile.
Williams listened and pondered in his heart, what those people said just now is exactly what Williams has been worried about, is 70 million dollars worth the risk of losing credibility of the Weeks Group to accept BMW's offer?
"I think your worries are unfounded, the highest price wins, this has always been the most basic principle in the market, since we have not signed a formal acquisition agreement with Tianming Automobile, then this deal has not been completed, of course we have the right to choose a better partner, and from the perspective of maximizing the interests of shareholders, we should accept BMW's offer." Rooney, who was sitting on the side, immediately said this.
After learning that BMW officially joined the competition for Rolls-Royce, Rooney was so happy, for so many years, Rooney has always taken the revitalization of Rolls-Royce as his biggest goal, but in the Weeks Group for so many years, he not only failed to realize his dream, but watched Rolls-Royce decline in his own hands, which is absolutely unbearable for Rooney.
Now Rolls-Royce is finally able to change a parent company, it is a good time to usher in a new life, in Rooney's view, BMW whether it is hardware facilities, or soft power, are far stronger than Tianming company, and BMW's temperament is also very consistent with the noble and elegant temperament of Rolls-Royce, these two companies together, is a pair made in heaven.
As for Tianming Automobile Company, Rooney can only say that it was born at the wrong time, maybe in a few years, Tianming Company will be more qualified to conquer Rolls-Royce.
Therefore, when it was learned that BMW had officially made an offer to acquire Rolls-Royce, no one could be happier than Rooney, who always believed that BMW was the "true son" who led Rolls-Royce to glory!
"Having said that, but doing business is about credit, if we in the Weeks Group today for the sake of this meagre 70 million US dollars and ignore the consensus that has been reached, who will dare to talk to us about business in the future? Besides, Mr. Rooney, you keep saying that you should take the maximization of shareholders' interests as the criterion for selecting partners, then I want to ask, do shareholders' interests only include immediate interests, but not future interests? Do they only include tangible interests, not intangible interests such as reputation?"
In response to Rooney's remarks just now, someone quickly made such a refutation.
"I support Mr. Rooney's statement, BMW's offer has already been sent, why can't we accept it, if Tianming Automobile Company wants to get Rolls-Royce, it can compete with BMW, what does this have to do with our Wicks Group?"
"Rat-eyed!"
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The room was full of arguing, and the board members who were in favor of accepting BMW's offer and those who were against accepting it were almost evenly matched, and no one wanted to make concessions, so they almost started fighting.
"Alright, let me be quiet!" Williams, who was sitting in the middle, slammed the table, "I asked you to come to give me advice, not to let you quarrel!"
"I've listened carefully to your opinions, so let me tell you what I think. Williams looked at the crowd, and then continued, "Since BMW's offer has been sent to us, we can't ignore it, as for the agreement with Tianming Company, it can't be invalidated, but what the final result is, I want to leave it to the shareholders' meeting tomorrow to decide, this matter, our board of directors can't make any substantive decisions, and all the results will be discussed after tomorrow's shareholders' meeting." ”
Williams is not wrong at all, this matter must be raised to the level of a shareholder meeting.
On the other hand, Zhou Jingming, who lived in the hotel and waited for the end of the shareholders' meeting of the Weeks Group tomorrow, and then could go home to see his son, also learned about this shocking news from the TV.
Zhou Jingming's biggest worry finally happened, before the rebirth, the competition for Rolls-Royce was between BMW and Volkswagen, and Zhou Jingming has always been worried that once the news is announced, BMW and Volkswagen will also be involved.
At that time, the tripartite competition will inevitably raise the purchase price, and Zhou Jingming has no confidence in competing with these two companies for financial resources.
Seeing that the transaction was about to be completed, Zhou Jingming thought that BMW and Volkswagen would not make any more moves, but no one expected that the day before the Weix Group held a shareholders' meeting, BMW publicly announced that it would compete to acquire Rolls-Royce.
This move definitely caught Zhou Jingming off guard.
"These foreigners are really good at playing, they are about to go to the cave room, and they are actually coming to rob the marriage at this time?" Zhou Jingming muttered quietly as he walked back and forth in the room.
At this time, Ma Xudong also knocked on Zhou Jingming's door.
"Mr. Zhou, did you see that news?" Ma Xudong hurriedly asked as soon as he entered the door.
"See. Zhou Jingming nodded bitterly.
"Then what should we do!" Ma Xudong was completely panicked now, and he didn't know how to react at all.
"Let's go to the Weeks Group first and see what Williams has to say, and then make targeted deployments. Zhou Jingming quickly stabilized his mind and said seriously.
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