Yin Jun did not tell Robert Iger that in fact, the negotiations with ABC were not so smooth.

It's not that ABC's major shareholders and board of directors don't agree to the takeover, and there is no resistance to the takeover of the company in North America, but the conditions they offer are a bit high.

At their asking price, the Kirin Group would have to spend a full $4 billion to acquire all its shares and then delist and go private.

At present, Kirin Group still has $2.5 billion in HSBC loans, and nearly $400 million in the first batch of $1 billion loans from Sumitomo Bank of Japan.

In addition, the cash flow of 7 billion Hong Kong dollars of Kirin Group itself is almost 1 billion US dollars.

It seems to be just right.

If you take it out, you can buy the entire ABC and get the TV network that Yin Jun dreams of, thus building the Disney TV channel into a huge TV platform covering the whole United States.

If such a platform is really established so quickly, it will definitely be a huge benefit for Disney and the North American branch of Kirin Group, which can make Yin Jun's dream take another step forward.

One big step.

But purely from an acquisition perspective, doing business certainly can't be like this.

It is definitely the most stupid and very dangerous to make one's own acquisitions in this way, exposing one's weakness to those giants who are eyeing it!

First of all, the first point, Sumitomo Bank's $400 million, this amount of money Yin Jun has already been useful.

That is the more important type B land exchange rights and interests at present.

Li Zhaoji has already discussed with Yin Jun that a large number of acquisitions of Type B land exchange rights and interests will begin in July, and Yin Jun will not only have to come up with the 400 million US dollars, but also have to prepare some more one after another.

Maybe in the end, the entire acquisition scale will reach $1 billion, or even more.

Just as Li Chaoren regarded Xiangjiang as his base, Yin Jun also regarded Hong Kong as one of his double bases.

The Type B land exchange rights and interests letter is one of the important links in the development of the Hong Kong industry, and it is definitely ranked among the top three.

With the B land exchange rights and interests, he can have so many land assets, Yin Jun's foundation in Xiangjiang can be extremely solid, and he can bring huge support to the film and television industry, and he is not afraid of the quality of the market at all, and he does not have to care about the production costs of millions or twenty million.

Then, the 7 billion Hong Kong dollars in Yin Jun's hand did not dare to use it at all.

If it is known, the Kirin Group has become an empty shell, and there is no telling how many people will attack the Kirin Group.

There are many ways to start here, and it will not be invalid because the operation of the Kirin Group is in good condition.

The financial market started with the Dutch tulip hype more than 400 years ago, and it has been around for so many years, with thousands of cases and countless elites.

You can't underestimate the strength of these people, they even dare to calculate one country after another, why don't you dare to calculate your mere Kirin Group?

You must know that the financial crocodiles who want to swallow such a big piece of fat as the Kirin Group are not one or two.

Be!

Kirin Group is not a listed company, no matter how bad the situation is, the Kirin Group's Hong Kong and mainland roots will definitely still be there.

But if they seize the opportunity to suppress it for a while, I'm afraid it will also hurt its vitality.

Not to mention anything else, all the territory that has been built up overseas over the years will be lost.

Yin Jun has spent so much energy on what he has done, once it is destroyed now, and if he wants to rebuild it, I am afraid it will not be a problem that money and time can solve.

First of all, Disney and United Arts Pictures can't keep it, and once they lose them, Yin Jun definitely shouldn't want to buy them back.

This is definitely a huge blow to Yin Jun's desire to export Chinese culture to the world!

So Yin Jun never thought about the idea of moving the 7 billion Hong Kong dollars.

Moreover, of the 7 billion, more than 5.5 billion Hong Kong dollars are still in the Heung Kong Commercial Bank, and with the current financial situation, this money is also afraid to move.

If it moves, the Heung Kong Commercial Bank will probably hit the streets.

After all, now they are all relying on Yin Jun's credibility and strong strength support.

If Yin Jun withdraws all the funds, doesn't this mean that Yin Jun has no confidence in Heung Kong Commercial Bank?

Since he couldn't use the HK$7 billion cash flow in his hand, Yin Jun could only choose to use the loans from the two banks.

The boy understood that if he opened his mouth and wanted to borrow money, Goldman Sachs would definitely be willing to lend him anything, and Sumitomo Bank, which was so wealthy, would definitely be willing.

But borrowing money blindly is not a good way.

Yin Jun is not afraid that he owes too much debt, but is worried that if borrowing money becomes a habit, he is afraid that he will be dependent in the future.

Bankers are no softer than Wall Street's financial predators!

However, although Claudi personally negotiated with ABC's major shareholders and board of directors, their asking price was never less.

They stubbornly bit the overall purchase price and refused to let go.

Because everyone knows that a strong TV news network is essential if Disney wants to continue to grow.

ABC, which has a good relationship with them, is the best choice.

If they start from scratch, they will definitely spend more energy, which is far less good than this ready-made.

Regarding this matter, Colaudi persuaded Yin Jun not to worry, wait and see, negotiate slowly, and see if there is any turnaround.

Yin Jun thought the same way.

You must not be in a hurry to buy something, the more you want something, then the more you can't let people see it, otherwise a big pit is waiting for you to jump.

That is to say, it is not worth buying stocks from the stock market, and it is easy to cause the stock price to skyrocket, otherwise Yin Jun is willing to collect some stocks on the stock market first.

Now think about it, the development and growth of a group company must be after mergers and acquisitions.

In the previous life, the Disney Group, if it had not acquired most of the businesses of ABC, Pixar, Marvel Studios, Lucasfilm, and 20th Century Fox...... They must not be the number one entertainment group in the world.

This is true not only for entertainment companies, but also for technology and internet companies.

Take Alibaba and Penguin in China as an example, twenty or thirty companies have been swallowed up by them to create a complete ecological chain, making themselves behemoths that others cannot catch up with.

Even Apple.

Beats, Textrue...... From the beginning of the acquisition of NeXT in '96, by the end of '17, they had acquired a total of 100 companies, setting a world record for the acquisition of companies!

That's why they can become the world's largest market capitalization company, much more valuable than giants such as General Electric.

This is the gap between modern science and technology and traditional industry, and it is a value that is inevitably produced by an emerging industry.

However, an acquisition is not the same as an acquisition.

Some companies are acquired to enhance themselves, and some are acquired for the sake of acquisition.

Yin Jun will definitely learn from those good companies, and he will definitely not touch some companies that are not worth owning at all.

At most, it's just to invest in some stocks in order to make money.

For example, Cisco more than ten years later, such as Nortel.

On the Xiangjiang side, Yin Jun will also buy some good real estate company stocks.

Some real estate that can be used to increase in value, such as mid-level villas, etc., Yin Jun will also take advantage of the low price and sell most of them when the price is high.

This is the difference between Yin Jun's investment and acquisition.

Of course, Claudi wasn't just running ABC's business, he also brought Yin Jun a cooperation proposal.

It was about another object he negotiated with Yin Jun -- the US Telegraph and Telephone Company.

The proposal for cooperation is a mobile phone.

In March this year, Motorola has started the test and trial operation of its mobile phone in Chicago, not much later than Xiangjiang Phone.

In order to prevent the tail from becoming too big, Motorola chose not a supergiant such as the American Telegraph and Telephone at all, but a very small regional telecommunications operator.

But that doesn't mean the giants aren't paying serious attention.

Several telecommunications giants in the United States, including telegraph and telephone calls in the United States, have asked professionals to observe and make various assessments.

According to the conclusion drawn by the telegraph telephone in the United States, cellular mobile phones have a very great future for development, especially for business people, and have great practical uses.

They advised the company to follow up quickly.

Although the United States Telegraph and Telephone Company is a giant in the field of telecommunications, Motorola is not bad, and they still have a deep background; when they have the patent for a mobile phone and can already be used for commercial purposes, they still need to pay attention to whom?

So the negotiations between the two sides did not go well.

Motorola didn't do anything, they just said, wait for the concrete effect to come out.

Then Motorola will not accept the cooperation method of only providing mobile phones, they only accept the profit sharing model, to directly enter the overall operation, to share the cost of calls.

MMP！

If all of this involves you, what else do we do?

The U.S. Telegraph and Telephone Company could only be a temporary defeat.

It just so happened that they already knew that there was a small company in Xiangjiang at this time, which was also making mobile phones, and it had purchased enough relevant patents to sell mobile phones freely.

And people are one step ahead of Motorola to operate mobile phones, in the small place of Xiangjiang, mobile phones have become people's new favorite, tens of thousands of users are using it, the effect is very good.

Therefore, the US Telegraph and Telephone Company sent the previous group of professionals to Xiangjiang for a specific re-investigation.

After half a month of use and evaluation, professionals have come to a pertinent conclusion that "the performance of Kirin mobile phones is more than 30% higher than that of Motorola's mobile phones".

The price of Kirin mobile phones is not expensive, the external price is only 8888 Hong Kong dollars, which is only less than 1300 US dollars, and the price of Motorola's mobile phones is 3995 US dollars!

The difference is almost more than 2 times!

In terms of mobile phone operation, the US Telegraph and Telephone Company has long had a specific deduction and calculation.

Thousands of base stations in the United States belong to the U.S. Telegraph and Telephone Company, and their annual R&D investment is more than hundreds of millions of dollars, and Motorola can't compare with them.

As long as the signal base station of the wired telephone in hand is modified, then wireless telephone communication can be realized.

Even if the existing patents and technologies are insufficient, they can be sure that they will get the technology from somewhere else -- no patent company wants to offend a behemoth like the American Telegraph and Telephone Company, unless they don't want to do communications business in the United States.

Only a giant like Motorola can ignore them, but in terms of wireless communication, Motorola's technology is not unique.

Therefore, the US Telegraph and Telephone Company was ready to contact the Kirin Group.

It just so happened that they found out that the Kirin Group was preparing to buy Bell Labs, and the two sides were actively negotiating.

That's a little bit interesting.

The two sides have been in contact for a long time and have a certain understanding, so isn't there an opportunity for cooperation?

So Colaudi acted as an intermediary and conveyed the cooperation intention of the American Telegraph and Telephone Company to Yin Jun.

"The contract is tentatively set for five years, and it is guaranteed to purchase no less than 1 million mobile phones per year, but the price can only be given to 500 US dollars?" Yin Jun smiled when he heard this condition, "You go and tell them that our Kirin Group has no intention of developing outward for the time being, and if they want to do mobile phone business, Motorola is the best choice." ”

"Very good, Junshao, don't say that, the conditions are to be discussed!" Colaudi also smiled, "I think they still want to cooperate, and the number is very huge, I should consider it...... It's just that the price definitely can't be like this, what do you think of the same shipping price as Xiangjiang?"

"No, I can't. ”

Yin Jun refused without thinking, "Tell them that if they want to buy a mobile phone, the FOB price from Xiangjiang is 3,000 US dollars, not a penny less." ”

"What!?" Claudi was frightened and asked Yin Jun in horror, "You are so much more expensive than selling in Xiangjiang?

"I'm still losing a lot of money here in Xiangjiang, how much did you spend on buying so many patents for me, have you forgotten? Shouldn't such hundreds of millions of dollars be included in the cost? They do this to others!" Yin Jun sneered, "It's good for them to take some machine manufacturing costs, and they want to buy them, who will pay my patent fees?"

Colauti was speechless.

He can't say that Yin Jun is wrong, because Yin Jun did spend a huge amount of $200 million to buy patents, and he is still buying them.

It is also a normal business rule to add patent and other expenses to the price of a single product.

But Yin Jun's price increase is too fierce.

Compared with the price of the American telegraph and telephone company, it is 5 times higher!

The gap between the two sides is so big, God knows if they can successfully cooperate.

This is also to blame for the United States Telegraph and Telephone Company.

I don't even ask who Yin Jun is, and I think that I am a big customer, so I can arbitrarily lower the price?

Although Yin Jun is gentle, he has never been bullied, and you will only make Yin Jun tougher!