Chapter 227: Acquisition Completed

Over the next two days, the Chen's representatives and Mr. Yi's team engaged in painstaking negotiations, with neither side willing to make significant concessions, so progress was slow.

The Chen Group had to postpone negotiations with Butler in favor of reaching an agreement with Yicheng first.

How could the Butler delegation accept it so easily? They issued an ultimatum to the Chen clique that if negotiations were not resumed by 31 March, they would immediately leave for the United States.

The pressure on the Chan Group has increased dramatically.

For the Chen Group, which actually has assets of more than 10 trillion yuan, the acquisition of Butler Company that cost tens of billions or more than 100 billion yuan is not a big event.

However, this merger and acquisition case is related to the future package of the "Junwang" automobile company brand under the Chen Group, and the "Junwang" brand, "Hanjia Mingyue", "Hanfeng" and other brands together constitute the pillar industry of the Chen Group, which cannot be missed.

And Chen Zhirong is obviously not willing to fight a price war with Yi Cheng. Not only because they don't want to cheapen Clark and Gable, but more importantly, the fact that sitting on ten trillion assets does not mean that the Chen Group can mobilize so much cash flow.

If too much cash is withdrawn, the rest of the Chen Group's business will be in difficulty and face the risk of disconnection.

Therefore, the Chen Group can only lower the holding requirements and seek a compromise solution.

After five days of arduous negotiations, an agreement was finally reached: the Chen Group gave up its absolute controlling stake and only acquired 22% of the shares from Red Maple Investment and 13% from Gable, for a total of 35% of the shares, while Yicheng bought 20% of the shares from Clark and 13% from Red Maple Investment, for a total of 33% of the shares.

Red Maple Investment will retain 5% of the shares, and Clark and Gable will each retain 2% of the shares. The 8% stake in the hands of other executives of the company was not involved in the negotiations.

This is a solution that is acceptable to all parties.

Yicheng does not require absolute control, as long as Chen's cannot have absolute control, Chen's lowers his requirements, no longer pursues absolute control, as long as he becomes the largest shareholder.

Red Maple Investment, Clark and Gable can all realize the equity on hand and obtain a large amount of money, while retaining a certain amount of shares, and they can also get dividends in the future.

So everyone rejoiced.

After the negotiation between Chen and Yi Cheng's legal team, the trilateral negotiations officially began. In the end, Yi Cheng paid $23.4 billion to get a 33% stake in Butler Electric Vehicles, and Chen Group invested $24.85 billion to get a 35% stake in Butler.

At the beginning of May, the equity transaction was officially completed.

After the news spread, Butler & Company's stock ushered in another small rally, breaking through the $500 mark.

Yicheng's actual shareholding reached 40%, so he happily handed over the latest autonomous driving technology produced by Fuxi to the company to help the company seize the high point and lay out the future.

In the past two months, Yi Cheng has not stayed in the capital all the time, and has returned to Lin'an several times in the middle.

After all, his graduation thesis is about to be defended.

With the support of the Fuxi database, he basically completed a "doctorate-level" thesis, but he also had to read the thesis thoroughly, lest he lose face if he could not answer the professors' tricky questions in the defense.

However, when the equity transaction was officially completed, he still appeared in the capital and met with Clark, the former president of Butler Corporation, and the former chief technology officer Gable, who had confirmed that they would leave.

The company's executives will be adjusted, and Chen must not be arbitrary, but must listen to the opinion of Yi Cheng, another major shareholder, which is the most important purpose of Yi Cheng's trip: to communicate with Chen Zhirong and decide on the new president, new chief technology officer, and other executive positions of Butler Company.

In this matter, Chen Zhirong did not show too much strength, and indeed listened to some of Yi Cheng's opinions. However, the two made only a preliminary decision, and the candidates will be discussed at the board of directors.

After finishing this matter, when Yi Cheng was about to return to Lin'an, he received a call from Zou Beibei. Zou Beibei used a sweet and greasy voice to invite him to the filming site of the "Zhuxian" crew.

Yi Cheng didn't have anything particularly important to complete, so he went to watch it for a while.

Feng Jing plays the heroine Baguio in the play, and when Yi Cheng arrived, she was staging a rivalry with the protagonist Zhang Xiaofan. She usually looks innocent and simple, but at this time she turned into a demon girl, and vividly interpreted Baguio's sexiness, enchantment and passion in her bones.

"When this drama comes out, Feng Jing is really going to be on fire. Zou Beibei shook his head next to Yi Cheng and commented.

"She does have quality. Yi Cheng agrees with this judgment. Feng Jing has not been able to catch fire before, the main reason is that she has not been able to break through her own image, but this time, it is indeed a challenge for her, and no one knows whether she can control the role of Baguio in advance.

Now it seems that her basic acting skills are still good, but she has not played them in movies and TV series before.

"She's very busy now, and in between filming, she's just humming the songs you gave her to find a feeling. When this drama is finished, she will concentrate on recording the album. I'll tell you," Zou Beibei came up mysteriously, "she doesn't know how grateful she is to you now, if you want to develop a super friendship relationship with her, she will definitely not refuse." ”

"Haha, don't encourage me, I'm a hot-blooded person who doesn't care about anything, don't destroy our company's cash cow on the spur of the moment. Yi Cheng jokingly refused.

"It can't be destroyed," Zou Beibei said seriously, "our company's cash cow is there." She pointed to a fair woman not far away who was watching the set intently.

Yi Cheng instantly recognized it, it was the queen of heaven Zhang Xiaofan.

"Why is she here?

"Well, the mother of Baguio," Zou Beibei said, "Kai Hangcheng, the last time you met her, you didn't say anything, she kept saying that she wanted to have a good chat with you." ”

Yi Cheng touched his chin: "She wants my script and song." ”

"It's really self-aware!" Zou Beibei said with a smile, "We'll have dinner together, I'll call her, and you can have a good exchange." She's just ended a relationship, and you can just take advantage of it. ”

Yi Cheng couldn't cry or laugh: "I feel why do you always want to push women to me? Do you think I'm?"

"Yes," Zou Beibei smiled sweetly, her cheeks flushed, "You are too attractive, it is too dangerous to be with you, I have to find a woman to tie you up to me to feel safe." ”