Chapter 164: Darkness Becomes a Warehouse!
"Are you really going to fight a takeover war with Shanda, as the newspapers say?"
saw Lin Feng, who was still using the phone to guide Zhao Yihua, who was far away in Hangzhou, to negotiate the details of the terms when he returned home at night. Pen % fun % Pavilion www.biquge.info
Ye Weiyu, who had just finished bathing, wore a silky white suspender nightgown and walked into the study with little Harry in her arms.
A gust of fragrant wind approached with Ye Weiyu and drifted into Lin Feng's nose.
Lin Feng hung up the phone, opened his hands, and wrapped Ye Weiyu into his arms.
"The more lively the fight on the surface, the better it will attract attention! Anyway, it's just an acquisition war, and the main business of Fengxing and Shanda is a game, which is originally a competitor, and sooner or later it will have to be matched. It is safer to start with a flank position first. ”
"Anyway, now everyone has money, not afraid of him raising the price, I believe that if the competition is equal, the founders of the winger are not stupid, Fengxing's layout in the game business is now completed, and the winger will have better development space when he joins Fengxing." ”
"By the way, Yezi, has the funds invested by Maple Leaf been withdrawn from the United States?" Lin Feng asked.
"It's all withdrawn, Lin Feng, this time we made more than $8 million!" Ye Weiyu said happily.
The "Maple Leaf Investment" investment that she presided over for the first time also made her very happy, although she took advantage of the news in advance.
"It's quite dangerous this time, or because Maple Leaf's GP\LP are all shareholders of Menglong, and they are barely rubbing the edges, which is considered a measure for shareholders to repurchase shares and boost the stock price, otherwise an insider trading investigation will make Maple Leaf full of trouble, Yezi, you can't be so careless in the future." ”
"I see...... I also didn't pay so much attention to it because I thought of shareholder buybacks. Ye Wei pouted.
"Okay, that's what I said......" Seeing that Ye Weiyu was a little unhappy, Lin Feng hurriedly coaxed and kissed her fragrant pink face.
"By the way, you are ready, transfer the funds to Hong Kong stocks, and after Tencent is listed, you will start to absorb Tencent's shares. Lin Feng said.
"Tencent?"
"Yes, Tencent will be listed on the Hong Kong Stock Exchange next, in addition to Maple Leaf Investment, I will also contact several more consortia to enter the market to absorb Tencent shares. Lin Feng smiled.
“…… , you don't want to buy Tencent, do you!" Ye Weiyu reacted at this time, and stood up from Lin Feng's lap in surprise.
This is amazing news.
Tencent is currently a very influential and well-known company in the domestic Internet field, with more than 300 million registered QQ users.
Ye Weiyu has always known that Lin Feng asked Wang Hao to secretly develop "FF", and even the Chinese name "Feifei" was thought up by her.
FF's biggest competitor is QQ.
Lin Feng actually wants to take advantage of Tencent's listing to acquire Tencent?
If this news spreads, it will be a major event like an earthquake in the Internet industry!
Lin Feng sighed, hugged Ye Weiyu back into his arms, and said, "It's just a preliminary idea now, it's not that easy...... The composition of Tencent's shares is very simple, with 50% each of the management and South Africa's MIH, and after listing, each will dilute a part, but it is also relatively concentrated. ”
"If you want to acquire Tencent, the core is to get the shares of MIH company, but in order to avoid startling the snake, you can't contact MIH company for the time being, after all, they are also looking forward to Tencent's listing at this time, and their investment can have a relatively high value-added return. ”
"Only after the listing, Tencent's share price is determined, can the value of MIH's shares be confirmed by the market. At this time, it is the time when MIH is most relaxed and has the weakest willingness to continue to hold Tencent shares. ”
"There is also a risk that if Tencent's management gets information from MIH, they have a right of first refusal to buy the shares in MIH's hands. ”
"My only chance is that at this stage I have more money in hand than the management of Tencent, which has just gone public, but they can also pledge their equity and find bank support. So confidentiality is key. ”
"Maple Leaf Investment came forward to absorb Tencent shares, which is a move in the open place. Makes Tencent's management lose their guard and think that we are just a financial investment. ”
"The winger acquisition war with Shanda is another step in the plank road, which makes Tencent think that Fengxing is fighting for the winger with all its might. ”
Lin Feng's explanation made Ye Weiyu a little dumbfounded, and she realized that it was no wonder that her boyfriend was so young, and he was able to come to this day step by step and create such a big career, and all he was thinking about in his mind were things that he would not consider at all.
"Okay, let's go home and stop talking about work...... , What kind of shower gel did you use today, it smells so good!" Lin Feng put his nose to her neck, sniffed deeply, and the hot breath he exhaled when he spoke made her feel soft.
Turning around Lin Feng's neck: "You guess?"
Lin Feng stood up with her in his arms, and said with a smile: "I don't guess, anyway, I like this fragrance, I want to smell it all over my body in a while!"
So the princess hugged her and carried her into the bedroom.
…………
Fengxing Online Chairman's Office.
Lin Feng and Li Dong sat opposite each other.
"Joe, our biggest strategic goal for this surprise acquisition of Tencent is to acquire a 37.5% stake in MIH, and if this goal cannot be achieved, the second goal must also be to take a 15% stake from the secondary market and investment institutions that have obtained placements. Our goal is to be the largest shareholder, or at worst, the second largest shareholder, and to be on the board of directors of Tencent. ”
Li Dong calculated quickly in his mind and listened carefully to Lin Feng's super acquisition plan.
When Lin Feng first told him about his plan to acquire Tencent, Li Dong was also shocked and inexplicable, and then excited.
What could be more irritating than this kind of mega acquisition for this investment banker-turned-CFO?
Lin Feng continued: "I don't know much about the specific financial operation, Joe, you are fully responsible, I just want Tencent! For this goal, all work can be postponed for the time being, and the existing capital reserves of Menglong and Fengxing Company can be used, you were the managing director of Goldman Sachs Asia before, and the global coordinator, bookrunner, lead manager and sponsor of Tencent's listing this time, you can get information about those investment institutions, you can contact them, and we will acquire the shares in their hands at a high price." ”
"You take the lead, contact domestic and foreign investment banks and institutions, form a joint consortium, and after Tencent goes public, contact MIH to negotiate the acquisition of their shares. I expect that according to Tencent's prospectus, Tencent's total market value after listing should be around HK$6 billion, and the value of MIH's shares will not exceed HK$3 billion....... Joe, let me tell you the bottom line of my heart...... , even if the premium is 100%, or even 200%, I will take Tencent's shares!"
Li Dong was stunned again.
"Lin Dong, such a high premium?!...... Aren't they mainly relying on QQ software and wireless business now? In terms of wireless business, our Menglong is much stronger than Tencent! QQ, when our FF is launched, I am confident that we will be able to compete with QQ for market share!"
Lin Feng shook his head: "Joe, you are too underestimated on QQ, let's put it this way, since FF is online, it gathers all the existing businesses and resources of Fengxing, and I don't dare to have too much confidence in QQ, which is already in the first-mover advantage in social software......." Social software is a very special Internet service, and its foundation is not in the technical level and business perfection of your software, but in the relationship chain!"
"A person's friends, relatives, colleagues and other social relationships, constitute a person's relationship chain, once this relationship chain is formed on the social software, the difficulty of transfer is very huge, and even if there is no accident, such as the social software stops running, the system crash can not be applied, etc., the user will not easily transfer to another social software, because his relationship chain is on this software. ”
"If we don't acquire Tencent, which has a relatively shaky foundation at this time, it is likely that this will be the case in the future, where users play games, sing songs, and then return to QQ to chat with friends. Both software are used. But because his relationship chain is on QQ, his main social software is still QQ. …… Unless all of his QQ friends also play games and listen to music, and are FF users, it is possible to transfer his relationship chain to FF. ”
Lin Feng thought for a moment and said, "So, just in case, this is our only chance to acquire Tencent, and we have to try it anyway!"
"The acquisition battle with Shanda Winger is our clear plank road, and the acquisition of Tencent is our real focus, and we must secretly form a position. ”
Li Dong nodded, because of Lin Feng's analysis, he understood the importance of the matter, and his expression became extremely serious: "I understand, Lin Dong, I'll start preparing now!"
…………
Li Dong walked out of the office.
Next, he has a lot of work.
He needs to have a good relationship with investment institutions at home and abroad, and have little connection with Tencent, to form an acquisition consortium.
It is necessary to contact the bank to increase the credit line of Menglong and Fengxing to prevent loans from banks when funds are insufficient.
It is also necessary to contact investment institutions in Hong Kong to understand the details of Tencent's IPO and choose the right seller.
Of course, he also needs to quickly assemble a team of secret acquisitions to operate it. ……
Lin Feng sat on the sofa in his office, looking out the window at the blue sky, and had an indescribable strange feeling in his heart.
From the humidor on the table, take out a cigar and light it.
If it weren't for the case of Shanda's acquisition of Sina, he would not have thought that Tencent at this time was the most likely time to be acquired, and it might be the only opportunity.
MIH holds more than 37.5 percent of Tencent's shares, investing a total of $32 million, and Tencent's stake is worth more than $300 million after going public, which has increased tenfold. If MIH is satisfied with this investment return, they do not know that in the future, Tencent will change from a company with a total market value of 6 billion Hong Kong dollars to a behemoth with a market value of 2 trillion yuan.
Then, if the price is right, MIH is a ...... that has the potential to sell its shares.
Lin Feng was even ready to use part of Fengxing's shares to replace Tencent shares, plus cash, in exchange for MIH's consent.
After all, any company with a vision can see the unlimited prospects of the future.
On top of that, Fengxing hasn't hit the market yet!
If you have a chance, then give it a go!
Lin Feng was hot and dry, and there was a kind of excitement and nervousness before the big battle.