Chapter 699: Karl Icahn (Second Update)
There was a faint argument in the room, and it wasn't long before there was a sound of footsteps, and as soon as the door opened, Raj Singh hurriedly stepped out of the way.
Pradisindhu, who walked out of the conference room, was full of joy, and Raj Singh gave Ajabbadar a color. Ajabbadar understood, waved to Pradisindhu and said, "Pradi, long time no see." ”
Pradisindehu was stunned, as if he didn't recognize Ajab Badar, and Ajab Badar touched his nose in embarrassment: "Uh, I'm Ajab, you forgot? I was also in the Xerox Computer Science Laboratory before, and I was a researcher in the third group." ”
Pradisindehu looked suddenly enlightened, he was a scientist in the Xerox Computer Science Laboratory, and he had five project teams under him, each with dozens of people. Ajabu Badair is just a grassroots researcher in one of the project teams, not to mention that so many years have passed, even if the two are still colleagues, Prady feels familiar at best.
Stretching out his hand not to hit the smiling man, Pradi Sindehu didn't need to embarrass Badair, and said with a pleasant face: "It turned out to be Ajab, you haven't changed much." ”
Ajabu Badeir breathed a sigh of relief, and said with a smile: "A lot fatter, I heard that you also left Xerox, I didn't expect to meet you here, and you are also here to ask for financing?"
Pradisindehu did not doubt him, nodded and said: "I have a few friends and I have started a small company that makes network equipment and are looking for financing, so we came here to try our luck." ”
Ajabu Badeertau almost said: "You are a genius, and I still remember the processor you developed for SUN, it was amazing. You should have started your own company a long time ago. How's it going? Have you gotten the financing?"
Pradisindehu shook his head: "I'm still more willing to do technical work, just now Tindersource offered to buy my JuniperNetorks in full, and I and two other friends have already agreed." ”
Ajab Badeer was dumbfounded: "You agreed?"
"Of course, the price they offer is very reasonable, and I can continue to lead my technical team. After that, Pradisindehu felt that something was wrong, and he shouldn't have said so much to others, so he snorted, "I didn't expect to meet you here, and you are also here for financing?"
Ajabu Badair replied to a few random words, and as soon as he said goodbye to Pradisindehu, he saw the door of the conference room open again.
"Greenfield, please come in. Cheryl Sandberg reappeared at the door and beckoned the rest area into the room.
"Two and a half million dollars, all employees retained, Yes or No?"
The same plot continued, and in less than an hour and a half, three more entrepreneurial teams entered the conference room one after another. Raj Singh inquired, all of them are companies in the field of communication routing or switches, and Greenfield, the worst, is also doing the underlying technology of optical switching.
A few people looked at each other, what is Tinder Capital doing? Why did it acquire so many companies engaged in communication equipment? Could it be that Matrix also wants to enter the routing and switching market?
Raj Singh rubbed his face, "OK, we're all here now, let's vote." I agree with the conditions put forward by Tinder Source. With that, Raj Singh raised his right hand and looked around at the crowd.
Mike frowned: "Raj, don't be impulsive, there must be something wrong here." ”
Raj Singh turned his head and stared at Mike: "You're just a temporary legal counsel we hired just three days ago, if you still want this business, please shut up, you don't have a say now." ”
Mike's eyes flashed, and he took two steps back: "Please." ”
Ajabu Badeer hesitated for a moment, then raised his right hand as well.
Immediately afterwards, another partner, David Scott, also raised his right hand.
"OK, four members of the board of directors, three agreed to be acquired, one was absent. If the proportion of shares agreed exceeds 67%, the vote is valid. Raj Singh made a succinct announcement.
Mike didn't say a word, as if he had been pondering something.
I waited until six o'clock in the afternoon to see the last company to negotiate also come out of the conference room. Cheryl Sandberg approached Cerent and the others, "What is the result of the consideration?" Cheryl looked at her watch, "It's late, and the conditions we just proposed are only valid today." ”
Raj Singh took a deep breath: "We just voted and agreed in principle to the acquisition conditions of Tinder, but there are still some details that need to be implemented. ”
Cheryl Sandberg smiled slightly: "Yes, we have a dedicated legal and commercial team to negotiate specific terms with you, here is a letter of intent, you sign it, and Tinder will arrange time within three days to do the final details of communication." ”
Several people picked up the letter of intent and read it, and asked Mike to review it, and it seemed that there was no problem. Raj Singh picked up the pen and signed his name with a sigh, and several other people followed suit.
"Can I ask why you are buying so many communication equipment companies?" Raj Singhe couldn't help but say, "Tinder is an investment company, and Matrix is a PC manufacturer, so it seems that there is no need to buy these companies." ”
Cheryl carefully put away the letter of intent: "We are a professional investment company, and it is also our responsibility to find suitable acquisition targets for affiliated companies that have been invested and help them grow rapidly. You can rest assured that Cerent's original 120 employees will not be laid off by the new company for a year, and they will have a greater platform to use their talents. ”
Several people nodded in their hearts, similar to what they guessed, and it was really for people.
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"Shall we go to a celebration party?" said everyone on Cerent's team was beaming, especially Ajab Badair, if he hadn't contacted Zhang Chen through his connections, this business would not have existed at all.
"Hopefully, we will have the opportunity to continue working together in the future. Mike shook hands with everyone, "I didn't do anything for today's business, so I won't charge for it." There's a Giants game today, so I'll go first. Mike shook the car keys in his hand.
Everyone didn't care, and they didn't know this Mike well, so they drove away with a smile.
"Hey, didn't he go to see the game? Candlestick Stadium shouldn't be in this direction. Ajab Badeer saw Mike's car flash in the rearview mirror and get off the highway through the nearest exit.
Whatever, Ajab Badel shrugged his shoulders and stepped on the accelerator, a stream of heat erupted from the exhaust pipe, and the white Toyota Camry walked away.
Mike got off the highway and stopped at a boutique hotel on the side of the road after only two intersections.
Taking the elevator up to the fifth floor, Mike knocked on the door of a room.
"It's over, what's the catch?" asked a middle-aged man with a warm smile as he opened the door.
Mike walked into the room unceremoniously, opened a bottle of pure water, and took two sips: "Very strange company, I have never seen such an investment company." Paul, is Carl really interested in this company?"
The middle-aged man is none other than Cheryl Sandberg's boyfriend, Paul Stevenson.
Paul Stevenson brewed a packet of instant coffee: "Doesn't he have a good interest in transferring us here from New York?
Mike shrugged: "Today, this investment company reached an acquisition intention with at least four communication equipment companies, spending close to fifty million dollars. I've never seen someone negotiate an acquisition like this, give a price, and only ask the other party to answer yes or no, and if it is, then call the next one, it's crazy. ”
Paul Stevenson pondered for a long time: "It's very strange, it only means that they are rushing for time, do they have any inside information? ”
Mike leaned back on the bed, unwrapped a packet of potato chips, and chewed on a creak, "Even Carl Icahn, the wolf king of Wall Street, can't do a hostile takeover of a private company, right?" ”
Paul Stevenson bowed his head and dialed: "Never doubt Carl's ability, the prey he has his eye on, and he has never escaped." ”
(End of chapter)