The lights are brilliant and you can't see the moonlight, but you can see the moon and stars in the night sky, and Li Jiaming, who has no grace, is sitting on the balcony drinking beer. Robert, who also threw away his gentlemanly demeanor, pointed in the direction of his alma mater and told the child about the past thirty years ago.

Standard inspirational story.

In the middle of the family, the children of the gentleman woke up and worked hard. After several failures and ups and downs, the former young man finally became a well-known M&A expert on Wall Street and reinvigorated his family's prestige.

Maybe it's true, but it's not without glorification and exaggeration.

After listening to other people's stories, Li Jiaming also told his own story, and his story is a bit of a sword and sword. Starting from the poor childhood, he did not shy away from describing in detail the struggle for the purchase of winter bamboo shoots, nor did he hide how to buy the police, and wiped out all the gangsters in the county, until he monopolized the purchase of winter bamboo shoots in the entire county, and dug the first pot of gold in his real life.

Good story!

Robert clapped lightly and teased, "What about later?"

It's really a good story, no one listens to the truth, the disdainful Li Jiaming showed a cruel smile, and made a pistol hand gesture with his hand, 'Bang Bang'.

"Nine was shot dead when he escaped from prison, and after the mosquito escaped successfully, he was discovered by my cousin and was also shot dead on the way to escape. ”

This didn't seem like a joke, Robert's heart tightened, and he mocked, "Ming, are you the godfather?"

In the face of Robert's temptation, Li Jiaming said proudly: "No, I am their life mentor, I told them to get ahead: first, to be more ruthless than others, and second, never trample on the moral bottom line, so the local government acquiesced in their existence." ”

There is no need for Li Jiaming to explain too much, Robert, who has been mixed at the bottom, also knows what Mao Yan and they rely on for a living. The law is not omnipotent, there are always places that cannot be deterred, let alone such a person ruling society. This also expresses the faint threat of the other party from the side, which can negotiate and trade, but must not blackmail, otherwise there will be tragic retaliation.

Of course, the other party is already a big man, and it is impossible to use those unseemly means, but it is absolute to snipe everywhere within the legal framework. M&A experts, relying on mergers and acquisitions, spin-offs, and sales to make a profit, have made such an enemy that must be avenged, is it worth it?

But if this can be threatened, Robert has been rolling in the mall for so many years.

"Ming, you're a threat?"

'Hahaha', the heroic Li Jiaming looked up to the sky and laughed, patted the shoulder of the old friend and joked: "We are friends, I just told you about my past." Today's confrontation between you and me is just normal business competition, but business has nothing to do with our friendship. ”

No matter how cheap the word 'friendship' is in the minds of merchants, as long as both parties admit the existence of this thing, many words can be talked about in the tone of friends. What's more, Robert's wife is one of the major shareholders, and Li Jiaming also promised that the couple has the preferential financing right of HH Company, and the two parties can be regarded as good friends, otherwise Robert would not have taken the initiative to talk to Li Jiaming about the change of hands of Qualcomm when he thought that the overall situation had been decided.

"Ming, do you think it makes sense to join forces and fight Intel for control of Qualcomm?"

"No, the last ones will benefit from the minority shareholders and the old founders and executives. But the problem is that both sides are optimistic about the future of the Internet of Things, and we want to take advantage of the future, and you want to. ”

Yes, that's the problem. Both sides are large and powerful companies, and AHOO has already hoarded a lot of cash after losing several acquisitions, and its financial strength may not be much worse than Intel's.

After pondering for a moment, Robert said tentatively: "Ming, you don't have the accumulation of chip technology, why don't you cooperate with Intel?" I can guarantee that the other party will fully consider your interests. ”

Li Jiaming, who is not optimistic about Yang Zhiyuan, also groaned, that guy has now become the god of AHOO, what if he really impresses those directors who are used to being conservative? If he is impressed, it will be a battle of dragons and tigers, and I don't know who will have the last laugh. But no matter how the two sides compete, the winner will pay a high price in the end, and those shareholders will benefit. Although he will also be the profiteering, compared to the overall situation, the gains outweigh the losses.

Robert, who is in charge of the merger and acquisition, is also suspicious, the reason why Intel came forward is to get Qualcomm at the lowest cost, and if the competition is too fierce, they will not be able to profit from the merger.

Then, the best thing to do is to unite, and the three join forces to acquire. In other words, it only takes the company to join forces to be able to swallow Qualcomm at the lowest cost. But then again, who will control the new Qualcomm? And how does Robert assure Li that he can convince the greedy monster of Intel?

What's more, Li Jiaming doesn't think that Qualcomm's new owner is Intel, which must be a good thing. How to say it, Intel is too greedy, from design to production, sales one-stop, such a benefit is that the technology is in the absolute lead, can get the maximum profit. But once the technology is no longer absolutely leading, those production lines and factories with huge investment will become their burden, forcing technology to serve production, rather than production to serve technology.

The future mobile phone market is too competitive, and no one dares to guarantee that their technology will always be in the lead. When the time comes, how will Intel make a trade-off? Large companies have the fault of large companies, and they must balance the interests of the two departments, and eventually lose their first-mover advantage and fail in the development of new technologies.

If Yang Zhiyuan hadn't decided to enter the market temporarily, Li Jiaming would have compromised, but now that AHOO is hopeful of joining, he is inclined to cooperate with AHOO. Therefore, in the face of Robert's temptation, Li Jiaming, who was originally here to delay time, spread his hands and said helplessly: "Robert, I don't count if I say this, and even what JERR says, it will be up to the AHOO board of directors to decide in the end." ”

“h”

Not why, it is because I am not optimistic about Intel's business model, large-scale factory-style production is outdated, and the future economic model will be a more refined social division of labor. Since founding Hanhua, Li Jiaming has resolutely not set foot in the production field, because he does not want to carry those heavy burdens, but this reason cannot be said, and he can only find other reasons.

"Our company's board of directors has asked me not to pledge more than 40% of the company's shares. The 2 billion cash I have on hand was all lent to me by Jerr, and he hasn't even signed an agreement yet, so he can borrow it and get it back. ”

God, Robert felt that he didn't have enough brains, and he actually borrowed $2 billion between two private individuals like this

"Mortgaged, I pledged 30% of the shares. ”

That's pretty much the same, and HH's shares are really worth that price.

However, Li Jiaming is not so sincere, if he really cooperates with AHOO, his strength is the weakest, and he will not become a vassal of others?

"Robert, I have a suggestion. I think it's better to have Qualcomm maintain some independence and let them continue to develop new technologies, and the three of us form a balance so that we can protect everyone's interests, don't you think?"

Does this work, a large company like Intel, which even puts production in China, and is not willing to move to Asia, where labor costs are cheaper, will they give up control?

The problem is back to square one - control, but both sides have also reached a consensus that the price will not be raised easily. But both of them know that once a large company like O decides to enter a new field, funding is no longer the primary concern for them.

The two drank beer for a while, and Li Jiaming said curiously: "Robert, I can't figure it out, since Intel has such a big interest in Qualcomm, why doesn't it open up mergers and acquisitions? With their strength, there is no need to borrow your name at all, just because of the cost of mergers and acquisitions?"

Robert looked at Li Jiaming strangely, and saw that the other party didn't seem to be bored, and then realized that although this young man had achieved a lot, he was only a young man in his early twenties after all.

"Ming, behind all M&A cases, it is inseparable from the operation of professional M&A companies, and it is only when the two parties negotiate the conditions that the M&A company retreats into the background. ”

In the early days, consciously concealing the real acquirer could avoid unnecessary competition, Li Jiaming thought for a while, and suddenly said: "Robert, will you tell Owen the truth?"

"No, we will only tell the other party the truth when the other party is moved, any company has competitors, as long as the strength of the opponent is weakened, it is equivalent to enhancing its own strength in disguise. If the acquirer's situation is exposed too early, it will attract malicious price hikes from competitors. ”

That's good, Li Jiaming has only heard of these things, and has not experienced them. This information is no better than the SEC prohibiting Qualcomm from carrying out the poison pill plan, if such a major piece of information is concealed from Irving and others, then it will be difficult for the two sides to continue to cooperate.

：。 ：