063 Competition, results

Two days later, Li Feng and his entourage gathered in New York again, this time to negotiate with General Electric, after all, Li Feng and their relationship here is more reliable.

Li Feng and his entourage slowly walked towards the GE Building, but this baggage Feng felt a little strange, after all, Rockefeller Center belonged to his own company, and now it was really strange to go to Rockefeller Center to negotiate with others.

When Li Feng and his entourage arrived at the GE Building, as everyone got off the bus, they saw that there was already a group of people waiting in front of the building, which was the leaders of General Electric, among which Jack Welch was the first to walk in front.

Next, Rumsfeld and Jack shook hands and greeted each other, and then a group of people introduced each other.

"Uncle David, I see you're looking good now!"

"Without you being angry with me, of course I'm in a happy mood, and my natural complexion is good. ”

Li Feng saw that it was an old man who looked almost in his 60s but greeted old David cordially, and Kenny immediately helped Li Feng introduce him, it turned out that this was the fourth generation of the Morgan family, and now the head of the Morgan family.

As for the relationship between the two, it is difficult to describe in one word, the rise of Wall Street Chase Manhattan Bank, and the collision with Morgan Bank, must have been fierce before, but now the world is no longer the world of 100 years ago, and it can accommodate two heavyweight banks.

……

Li Feng also knows that with the merger of Citibank and Travelers Group next year, the new Citigroup will be born, and the media will say that Citigroup's rise marks the end of the rule of the Morgan family consortium over Wall Street.

Similarly, in order to cope with the future financial form, Chase Manhattan will officially merge with JP Morgan Bank in the future to become a **** bank, which is a sign of the cooperation of the two major consortia.

The group walked around and walked towards the conference room on the top floor of the building. Similarly, with the introduction of the beginning, Li Feng naturally became the focus of attention of many people.

is so young, in a group of middle-aged and elderly people, such a young face appears, and it is impossible not to attract attention. In the words of the future online article, this is with the halo of the protagonist.

After arriving at the conference room, after the two sides were seated, the Blackwater side, headed by Rumsfeld and including the negotiation team of the firm, the Blackwater team, the asset management team, and the representatives of Citigroup, the Americas, and the Wells Fargo Bank; Originally, if the acquisition was through financial leverage, the financial team would still be needed, but when Li Feng directly acquired it with cash and shares, it saved a lot of trouble.

On the side of General Electric, led by Jack Welch, the two parties negotiated fiercely about the value of Hughes Aircraft Company and Hughes Laboratories, the valuation of Li Feng's two major companies, and the transaction price and method, and the professional managers showed their value at this time.

On the contrary, the shareholders behind Li Feng, including Lao David and others, went to another office to talk about homely things.

……

More than two hours later, the two sides had the first pause phase, and then in their respective conference rooms, both parties reported to their shareholders and the board of directors.

"Now that's it, they will offer Hughes and the laboratory an overall price of 12 billion US dollars, Tianji Real Estate and Tianyu Media are valued at 11 billion and 13 billion US dollars respectively, and we are proposing 11 billion US dollars and 130 and 16 billion US dollars, there is still a relatively large gap, and the second round of negotiations will be held in the afternoon.

They hope to get 30% of the shares of the real estate company and the media group, and the rest will be supplemented with cash, so that the equity plus cash method is acquired, and we are now proposing to trade in the form of 20% of the shares and cash, after all, we have to negotiate with Texas Instruments, and we can't give the shares to GM.

They want to sell only half of the aircraft company and the lab, and GM wants to own half of the lab in the future.

Another thing we need to note is that after a morning of negotiations, our opponents should also receive the news that we have started negotiations, and then maybe some trouble off the field, which will require you. Rumsfeld reported to Li Feng, Davy Sr., Frank and others in the conference lounge prepared by GM for Li Feng and his party.

As he was talking, the personal assistant next to old David was holding the mobile phone and whispering something in his ear, and then the old David took the mobile phone and started talking, and as the topic unfolded, the conference room was temporarily quiet.

……

"OK, so Texas Instruments, Raytheon, and Northrop are all starting to act?"

"Okay, agree to Texas Instruments' negotiation request first, we'll contact them here, and we'll have a negotiation team ready in California anyway." ”

"So, keep an eye on Northrop Grumman and Raytheon. Old David hung up the phone, saw that everyone was staring at him, and then replied with a smile: "Henry, as you wish, now all sides are beginning to move."

But we did have the upper hand, I just received the news that both Raytheon and Northrop Grumman were ready to start the acquisition plan in the second half of the year, and now that we have intercepted it, they are not prepared and rushed to fight.

Whether it is from the capital or manpower, etc., we are not well prepared, and then we have to solve it quickly, otherwise with the strength of the two companies, as long as there is a buffer of at most one month, it will bring us a lot of trouble, and the longer it drags on, the more unfavorable it will be for us. ”

"Well, in general, it's still a bit of a gap, but it's basically starting to get closer to our predictions. Henry, you can talk about 60% of the shares plus 40% of the cash, and the shares are up to 25%.

And you tell them, we can only have half of the laboratory, no, we need to have a controlling stake, even if it's 51%, we don't want to see the phenomenon of fighting each other in the laboratory in the future, what do you think?" Li Feng took the lead in putting forward his own opinions, and then asked Davy and Frank Roosevelt Sr.

"John, as long as you are willing to give out more shares, naturally there is no problem, if you give out too many shares, we are willing to provide funds to compensate you. Old David and Frank bowed their heads and discussed, and then replied to Li Feng.

"Okay, then let's do it, let's have lunch first, Henry, it's up to you next, we'll wait for your good news." Li Feng finally said in a deep voice.

Rumsfeld, Prince, and others have expressed their stance that they will definitely complete their tasks.

……

Next, Li Feng began to temporarily put aside the acquisition, after all, they are all professionals, and Li Feng doesn't need to think about anything at all, as long as he confirms it after the final results come out.

In the afternoon, Li Feng, including the elder Davy, and others went back to their homes in New York, and when they met again, it was already 2 days later, and when the group met again at the GE Building 2 days later, everyone was in a good mood at this time, whether it was GM or Li Feng's side.

In the end, an agreement has been reached, and the next thing is that all the people behind the scenes will play, Li Feng knows that it has not been easy recently, GM is negotiating with Li Feng and his party at the same time, there is also a team talking with Raytheon.

Similarly, Li Feng's team led by Bill Willibe is negotiating with representatives of Texas Instruments in Los Angeles, and is competing with Grumman for the military department of Texas Instruments.

Whether it is General Electric or Texas Instruments, the results of both parties are in favor of Blackwater, but Li Feng's shares have paid a little more than originally expected, reaching a total of 35% of the shares. Raytheon and Grumman, on the other hand, were both acquired directly for cash, which was not very attractive.