Chapter 963: Times Inc

The Zhou Charitable Trust, which was donated to him by Time Group, was not only to shape the golden body, but also to break through the national boundaries of the enterprise. Whether he recognized his ideals or not, Zhou Shi had to blow up this bubble. For this reason, he came to Yanjing, and after meeting the big guy, he soon returned to the United States, and Liu Chuanzhi was also passed.

"Is it really possible?" asked Liu Chuanzhi in disbelief

"I can only say that there is a lot of hope!" Zhou Shi certainly knew that there were difficulties, and it was not from the pressure of the capital market, but from the influence of the political level.

If there are no political factors, many corporate acquisitions are only capital factors, and the price can be basically solved. There is also the difficulty of management and shareholders. For example, the biggest obstacle for the acquisition of Versace by Yunmeng Group (the parent company of Lao Fengxiang and Modu Daily Chemical) in Modu is not the price, but the problem that the controlling shareholder's family has too many extravagant expectations. The Versace family wants to give ownership to Yunmeng Group, but to have control, if this is a high-tech company, maybe there will be venture capital to accept such conditions. But Versace is just a luxury company, a traditional industry with competitive incentives, how can they have such qualifications!

Yunmeng Group naturally did not negotiate with Versace, and the acquisition ended in failure.

Liu Chuanzhi and Zhou Shi are talking about Times Group, that is, the company that has world-renowned magazines such as "Time Magazine" and "Fortune", which has now been independently listed. However, the controlling shareholder is still Warner Group. It is very difficult for Time Group to acquire Times Group, but it is not hopeless.

"The risk is too great, and failure may be a big blow to the company's credibility!" Liu Chuanzhi, this is the first acquisition of Time Group after it was transformed into a social enterprise and donated to a charitable foundation, which may seem symbolic to some people.

"The risk is high, for sure, and I am ready for the collapse of Time Group in a few years. Now it is just that it may face the failure of the acquisition, what does it matter? Huaxia has been moving towards success in the midst of continuous failure. "Zhou Shi

"What preparations have we made, and what has been the change in Warner's attitude?" Liu Chuanzhi knew that Times Group was not only the only way for Zhou Shi to buy, but also to expand their influence.

"Warners are definitely willing to let go, they don't have that much confidence in the traditional media, and they don't think that Times Group still has a chance! Mainly because they are worried about the obstruction of the American court and the influence of public opinion! And this may be our best chance. "Zhou Shi, if it can't be acquired now, then when the public opinion cools down, how many chances will there be? China and the United States may confront each other for a long time.

"Yes, if you miss this opportunity, it will be even more difficult in the future!" Liu Chuanzhi

Now that he knew that the opportunity for this acquisition was the greatest, Zhou Shi was unwilling to miss it. Leaving behind the ongoing property deal, he came to the Lighthouse State to seek a chance to trade.

When they came to the lighthouse country, the two met with the chairman of the board of directors and the CEO of Warner and Times Group.

"Are you really ready to buy?" asked Jeff Bakers, chairman and CEO of Warners, in surprise.

At this time, the company is not easy to deal with various equity transactions, how can there be time to expand externally and acquire enterprises.

"The change of time shareholders will not affect the company's strategy, and I am willing to assume joint and several liability if necessary to provide the necessary funds for time. "Zhou Shi

"Time doesn't matter?" said Jeff Bakers

"It's not that time is not affected, but that the management of time is not affected. We are still a commercial enterprise, and we are still pursuing profits. The biggest change is that we will not pursue the maximization of shareholder benefits!"

"What does Warner have of any idea of the Times Company, are you still willing to change hands, if it is not for sale, we will go to the next one!" Zhou Shi

"Mr. Zhou is very optimistic about Times Company?" said Jeff Bakers

"I can't say it's optimistic, I want to acquire Times Company as a supporting enterprise of Time, so that this company can write articles and reports in a more objective and fair manner. Let it be a faithful recorder of the history of our world......" Zhou Shi

"......" Jeff Bakers

"For us, Time doesn't make money, after all, we don't want to make a profit first, and we don't want to see a good magazine like Time Magazine go out of business. There is no doubt about the strength of Time Company! We can protect Time Company for at least half a century!"

"The stock price of the times doesn't reflect its value!" Jeff Bakers

"You should believe me, although I am a little idealistic, I can't be a fool, only at the right price, I can buy it.

If the price is inflated, the acquisition is impossible. "Zhou Shi

After Zhou Shi finished speaking, Jeff Bex didn't say anything, he knew that in the previous many acquisitions, Zhou Shi did not participate in price negotiations, and handed over professional things to professional people to do. Moreover, Zhou Shi has been in the Lighthouse Country all these years, and he is very familiar with the rules of the game here, so it is difficult for him to suffer a big loss.

"We can talk, but you bear the risk!" Jeff Bakers

"You can consider ......" Zhou and Liu glanced at each other, thought about it and said

Next, it is to communicate with the chairman, general manager and editor-in-chief of Times Company and other core talents.

"Perhaps the biggest change we have made to Times is to expand channels, that is, to digitally transform the times. Including placing news information on Toutiao, Yahoo official account and other channels.

Then I want to maintain the ethics of journalists, be more objective and fair in news reporting, and I want to make the reporting of the times the most authoritative and fair reporting in the world. Even if we lose some of our advertising revenue as a result, we must remain objective and impartial. Zhou Shi told the editor-in-chief of Time magazine, and he also said that he was worried that the conflict between China and the United States might intensify in the next few years, which is likely to bring instability to the world. He longed for peace and did not want his wealth and freedom to be lost under the influence of two great powers.

"Some strife is inevitable. "Editor-in-chief

"But there is a reason for any strife, and I believe that many can be changed. Assuming that we now enter the Age of Discovery and discover the New World, can the earth gradually merge like the European Union?"

Editor-in-Chief of the New World

"I'm talking about space exploration!" Zhou Shi

"Could it be that there has been a big breakthrough in technology now?" said the editor-in-chief

"No, not anytime soon. But I calculate time in years, not ten years, twenty years, thirty years...... There will always be times when there will be successes, and all we can do now is try to heal them and try to prevent serious conflicts from misunderstanding and arrogance. "Zhou Shi

"You're great!" the editor-in-chief sighed

"Thank you!" read the latest chapter of "The Rebirth Legend of the Post-80s Legend Claw Book House" for free for the first time.