Chapter 1042: Concessions

Time is like flowing water, and happy days always feel very short. Pen @ fun @ pavilion wWw. biqUgE怂 ļ½‰ļ½Žļ½†ļ½

With half a month to go before the National Day, the negotiations in New York have finally reached the moment when both sides need to make a decision.

Goldman Sachs prides itself on being the world's top investment bank, even if it is very reluctant to make any concessions, but in the end, under the urging of other investment banks and Yang Wenyuan's strong protest, it agreed to the determination of the transfer price of [FL North America Venture Capital Company], but whether it is for the sake of face or in prudent considerations, Goldman Sachs requires all parties involved to buy and sell Yahu shares during the formal entry into force of the transfer agreement, causing artificial interference and impact on the stock price.

Sitting in the office of the [Pan-French Investment Holding Company], Fu Zhengyi spent most of the day with the help of his lawyer before finally reviewing the equity transfer agreement and figuring out what the investment banks led by Goldman Sachs wanted to do.

To put it simply, investment banks like Goldman Sachs also understand that the stock price of Yahu Company still has the momentum and market foundation for the rise, in order to obtain more than 30% of Yahu shares as low as possible, and to prevent malicious shorting after the fact, it is also specially limited to all parties within two months after the completion of the transfer of Yahu shares, including but not limited to the stock market, options market and other financial channels.

expressed his gratitude to the lawyer, and Fu Zhengyi waited for him to leave the office before dialing Xi Meijuan's phone. "That means that as long as this side is signed and the equity transfer agreement takes effect immediately, Yang Wenyuan may immediately announce the injection of assets into the online broadcaster, and may also use a stock split or high dividends to raise the stock price after the equity transfer is completed, so that Goldman Sachs and other investment banks can cash in their profits?"

Bloomberg quoted several well-known commentators as analyzing the prospects of Yahu's development, and the current mainstream view is that Yahu's acquisition of the online broadcaster's assets will definitely play a further role in boosting the stock price if it can adopt a more aggressive approach......

"Yahu shares are not allowed to be bought and sold for two months after the equity transfer? Do you think investment banks will abide by this restrictive clause?"

Xi Meijuan was stunned for a moment, but quickly raised her voice. If the agreement comes into effect, then we must abide by it! If there is a violation, it will definitely not be hidden, the U.S. Securities and Exchange Commission has issued a warning reminder for the rising Nasdaq index, and some institutions specializing in short selling are also eyeing it, if we violate the promise to interfere with and affect the stock price, or large-scale naked short selling, the punitive fine issued by the SEC can bankrupt the company, this is not a joke! In the United States, credit is credit, breaking the law is breaking the law, and once something happens, it will really be a disaster......"

Fu Zhengyi smacked his lips. "Okay, okay, I'm just talking, and I'm also concerned about investment banks like Goldman Sachs, the only thing I'm worried about is that they will backtrack and suppress Yahu's stock price before the end of the year, which will cause a significant reduction in the company's expected returns!"

"Oh, that's it," Xi Meijuan breathed a sigh of relief. "BOSS, rest assured, after the agreement comes into effect, Yahu will be more strict in the financial market to buy and sell its company's stock accounts to monitor, any party defaults, can be quickly discovered, even if a large number of accounts are used to operate, but once it is detected, there will be a big problem, although Goldman Sachs is a scoundrel, but some aspects of the credibility is still ......"

Fu Zhengyi listened carefully to her analysis, and tapped his fingers on the table. "So when the equity transfer is completed and the restrictive clause expires because it expires, whether it is to buy or sell Yahu shares, will the market react excessively?"

"Of course there will be! But as long as the time limit is up, we can do whatever we want under the rules allowed by the market! Even if we buy back Yahu shares in the financial market and become its largest shareholder, it is reasonable and legal!"

"By the way, are there any new regulations on naked short selling in the financial markets in the United States?"

However, brokerages are more cautious about naked short selling, and it is said that sometimes they even require no less than 50% of the funds to be provided as a guarantee, lest the naked short sale will incur a counterattack by the listed company and lead to heavy losses, and the SEC is also very concerned about such behavior, and large-scale short selling will definitely attract ...... investigation."

The last question was also answered, and Fu Zhengyi asked Xi Meijuan to complete the signing of the equity transfer agreement.

The sooner the transfer of Yahu's equity is completed, the sooner the profits can be used for other purposes.

There are too many places to spend money, and if you can't get a sum of money as soon as possible, the company's capital chain is really worrying.

Fu Zhengyi thinks so.

Yang Wenyuan, who has lived in New York for two months and has been trying to get the deal done, thinks the same way.

Therefore, on the evening of the day when the agreement was signed and came into effect, he took out the press statement that he had prepared long ago and held a press conference, first announcing that he would inject the assets of the online broadcaster that he had acquired by himself a few months ago into Yahu at a discount, and officially launch Yahu's business in various regions of Asia at the end of the month, and begin to provide a full range of services for all Chinese.

"I believe that the future of Yahu is bright, the development of Yahu can not be stopped, as a high-tech Internet company, Yahu does not rule out another spin-off at the appropriate time, so that more ordinary investors can share the expected benefits brought by Yahu's growth......"

In the face of the media, Yang Wenyuan talked eloquently and without stage fright, whether it was a sharp or tentative question, he was able to grasp the initiative and control it well, which made David, who was sitting next to him and attending the press conference together, very envious, but he was not jealous, but had a sense of relief.

That's great.

The potential equity battle of Yahu Company has finally come to an end.

Although Yang used many methods in the process of dealing with this matter, and even ruined the future of a director of the FBI, and even broke the heart of the young man who had made outstanding contributions to the development of Yahu Company, the result was within a reasonable range......

"David, what do you think about the future of Yahu?"

The reporter's question brought David's thoughts back to the press conference, and he hesitated before picking up the microphone and saying. "I firmly believe that no one can leave the Internet in the future, and the Internet will become a part of our lives, and Yahu is willing to do its best to ...... for this."

"Yes! We firmly believe in this! The birth and development of the Internet will definitely be subversive and will challenge the traditional industry, the Internet represents the future, Yahu is just one step ahead, I believe that more Internet companies will be born in the future, maybe you, maybe him, but one day everyone will find that life without the Internet will be a mess ......"

Yang Wenyuan's statement received thunderous applause from the audience, and when he bowed slightly and walked into the backstage, he took out his mobile phone that was turned to silent, and saw that the representative of Goldman Sachs had made more than ten calls to him, shook his head and dialed it.

"Yang, are you crazy? Didn't you say before, except for the asset injection of the online broadcaster, all of Yahu's plans are only quietly implemented and will not be announced to the public with great fanfare?"

knew that today's press conference would be broadcast live on the Internet, but Yang Wenyuan still pretended to be surprised. "Didn't I say anything?"

Representatives of Goldman Sachs were furious. "Why did Yahu announce the development plan of Asia at this time?"

Even if I don't announce it today, won't the media know about it? Websites in China, Taiwan, Hong Kong, Singapore, and South Korea will be launched one after another, and even if I don't take the initiative to announce it, the media will notice it, and taking the initiative to say it can lower the market's expectations......

"What are you kidding? Do you know what this form of press conference can bring to Yahu's stock price? When the market opens tomorrow, if Yahu's stock price does not rise by five percentage points, I will immediately jump off the roof of the company's headquarters! Do you want to break the contract? Do you know that the agreement you signed has legal effect? If what you said causes the stock price to rise abnormally, you will be sued......

The roar of the Goldman Sachs representative was so loud that David, who was following Yang Wenyuan, couldn't help but be stunned, and Yang Wenyuan sped up and walked through the backstage and sat in his car before he said angrily. "Shut up, don't you know how much the company's plans for subsequent acquisitions are? Don't you know what kind of market reaction will be triggered by the news that Yahu and IDG have taken over an online shopping company? If you don't leak this unimportant information to the media now, do you want the media to expose it in a more drastic way?"

The representative of Goldman Sachs was dumbfounded, and only said after a moment. "Uh...... How come I don't know about these things?"

"The company is mine! I don't have the need or obligation to tell you everything first! Also, you are only the representative of Goldman Sachs who is responsible for communicating with the company, and there are some things that you can't know! If you are not satisfied with your current job, I can talk to Goldman Sachs and replace you immediately!"

Yang Wenyuan's strength softened Goldman Sachs' representatives. "No!no!No!Chief Yang, you misunderstood what I meant, my starting point is that I hope that the cooperation between the two sides will not be affected because of some trivial matters, and the miscommunication is caused by me, I formally apologize to you, and I hope you can forgive ......"

"This is the last time! If you dare to dictate Yahu's affairs in the future, I can guarantee one thing, that is, I will sit down with the directors of Goldman Sachs and have a good talk......

David, who was standing outside the car, vaguely heard this conversation, and also witnessed the anger on Yang Wenyuan's face finally replaced by pride, he hesitated and waved his hand at the driver who was about to come over to open the car door for him, turned around and walked towards the alley......