Chapter 64: Final Negotiations
"Walker, welcome to Huasheng D, how are you doing?"
In a luxury villa area located in the suburbs of Huasheng D, the federal administrative center of the United States, the extended bulletproof Lincoln car slowly stopped, and the owner of the villa, a white old man in his sixties, was waiting next to the car with a smile. Pen? Interesting? Pavilion wWw. biquge。 info
When the bodyguards got out of the car and opened the door, a spirited white young man came down and shook hands with the owner of the villa, "Uncle Jamison, it's a pleasure to meet you, I've been doing well lately, and I've just come back from a big deal in Europe." ”
"Well then, may the Lord bless you." The man known as Jamison said with a smile and a gesture of please, "Please come in, they are all waiting for you." ”
"Really? I didn't expect that I had only been away from the United States for a little over a month, and when I came back, I found that I could barely recognize the country. Walker, the head of the Rockefeller Sovereign Fund and one of the top shareholders, was a little surprised, after all, he was here today for the Wall Street financial crisis.
Ben Bernanke, the chairman of the Federal Reserve who is the nation's banknote issuer, is talking about his economic policy in his villa at this time, and is ready to start bailing out the market in the near future.
Timothy, a representative of the Fed's key regional bank, expressed cautious optimism.
"Hey Walker, are you here?" Sandywell, chairman of Citigroup, who was present at the meeting, got up to greet Walker as soon as he saw him.
As the head of Citigroup's largest holding fund behind the scenes, Walker can largely determine the future of Citigroup, and this time he came back from Europe, partly to sell Citigroup's about $4 billion junk bonds as soon as possible, and partly for the matter of Orange Technology's shares.
After greeting a few old acquaintances, Walker found a relatively secluded place, listened to Fed Chairman Ben Bernanke's bailout speech, and said to Sandywell, "What about the junk bonds in the company's hands?" ”
"The market has expressed a very clear resistance to this, although we have sold about $300 million in junk bonds through various channels, but more of them are squeezed into our own hands; I wonder if we can take these bonds in the name of our other subsidiaries and then take the profits and give them up. "Sandywell has been plagued by junk bonds for a long time now, but he doesn't have enough power to complete this huge project on his own.
After thinking about it for a while, Walker whispered, "I'll leave this issue until I return to the company, and we'll talk about it in private, but I agree with you in principle, I've got a high-quality subsidiary, and I'm going to use their name to eat these junk bonds, so as to pass on the losses to ordinary investors, but we don't have enough junk bonds in our hands, and I hope to get another about $10 billion worth of junk bonds here today." ”
"So much?" Sandywell asked a little frightened, after all, this number has exceeded his imagination, once the matter is exposed, it will definitely be investigated and punished by the US federal government, and even he can already come up with that number, which will not be less than $1 billion in fines.
But who cares, compared to billions of dollars in profits, these fines are just a drizzle and don't hurt their roots at all.
"This matter must be resolved as soon as possible, otherwise as the financial crisis intensifies, the federal government will focus on us to prevent us from passing on the losses to ordinary people." After Walker said a few words, he turned to the issue of the shares of Orange Technology in the United States, "By the way, I also heard about this in Europe, and Deutsche Bank, which we work with, has also obtained a commitment of 5% of the shares of Orange Technology Europe, so can't we Citigroup be able to get these?" ”
"Sorry! Sir, the situation here is different from Europe, Orange Technology has reached an alliance with the big technology companies in the United States, and selected Amex as its global financial strategic partner, we are a step late, and now the negotiations are in progress, but according to my personal judgment, this negotiation is likely to be inconclusive. "When Sandywell faced Walker, he was always a little powerless and even more afraid to deceive, because this is a big man who can determine his future and whether he will enjoy the life of a billionaire after retirement.
When Walker heard this, he couldn't help but complain a little, "Why can't you reach a cooperation with Orange Technology before Amex Company?" You know I'm in France, and I've seen first-hand how their patents have been approved, and it's not just one or two core patents, but hundreds of them. The most important thing is that Orange Technology has continued to file patent applications with the PCT International Patent Organization (IPO), and my friend, Jean Barr, Chairman of the Review Committee of the Paris International Patent Cooperation Organization, even told me that he has never seen a company with so many patents in his years of service in the organization. ”
"I understand what you mean, but their roots are in the East, and by the time we find out the details of this company, Yuntong has established a good cooperative relationship with them, although we are much stronger than Yuntong's comprehensive strength, but many of their shareholders are big names in the United States, and it may be difficult to force them to give up cooperation." Sandywell was a little annoyed, and he certainly knew what the future of Orange Tech would hold.
It is no exaggeration to say that as long as you know the number of technologies in the hands of Orange Technology, as well as their company's development plan, it is not difficult to come to a conclusion that the super group that applied for international patents this year is almost the same as the entire United States, and the total assets of each spin-off company are destined to exceed the $1 trillion mark in the future, according to the analysis data of the analysis company, Orange Technology will show explosive revenue growth in the next three years.
In 2007, for example, within five months of its establishment, its revenue was entirely dependent on technology licensing, but it also reached a huge revenue of nearly $3 billion at this time, and it is expected that this figure will continue to rise in the fourth quarter, and even reach a huge amount of $4 billion.
Three years later, Orange Technology currently has nearly 40,000 technologies in its hands, most of which will be favored by the market, (no need to prove, because most of these technologies are now the blueprint for the next generation of technology that international technology companies are developing or formulating, but because there are too many technology companies researching, and most of the technologies that Li Mubai has come up with are technologies that have been modified countless times after maturity, so there is no exact same situation.) )
At that time, the cost of technology licensing alone could create a giant group with a market value of more than $500 billion.
Not to mention the smartphone empire plan that Orange Technology is building intensively, once the smartphone era advertised by Orange Technology comes, to replace the current straight call mobile phone, then a new market of more than 300 billion US dollars a year without any competitors will be completely monopolized by Orange Technology.
Walker shook his head, "What I need is not prevarication, but results, if I can, I want to hear a good news in a few days, otherwise there will be a large number of voices against me within the Rockefeller Foundation, do you know what I mean?" ”
Sandywell nodded bitterly, of course he knew that this was an ultimatum issued to him by the group capital behind him, if in his hands, Citigroup lost the opportunity to cooperate with Orange Technology, then the board of directors and shareholders would immediately start the proposal to remove him, and it would definitely be passed without suspense, because this would be a project with an annual income or even tens of billions of dollars in profits, and no one could sit back and watch him run to the company.
"I tried to meet Mr. Li immediately, but with all due respect, the chips that the group has taken out are too low, with the nearly 760 billion US dollars in assets we currently control, and about 7.6 billion US dollars in assets per 100th of the shares, our net profit last year was 52.3 billion US dollars, which seems to be a lot, but the group is only willing to take out 0.5% of the shares in exchange for 5% of the shares of Orange Technology, which is enough for any normal person to refuse mercilessly."
Walker thought about it for a moment, seemed to weigh the pros and cons, and then said, "I'll try to convince some people, but you have to remember that this is the best opportunity, and if we can't replace it with shares, then we're willing to use cash to make up the difference, whether it's $5 billion or $10 billion, anyway, I need to see five percent of Orange Technology's shares in front of me, understand?!" ”
This is probably the best news Sandy Will has heard in this time, and he immediately nodded, "With your words, I know what to do, and I will immediately start the cooperation with Orange Technology again and strive to win them in one fell swoop." ”
"Of course, the group will not let you take these conditions to negotiate with Orange Technology, we have reached an agreement with the people behind the Express Company, we will get one percent of the voting shares from the twenty-two percent of the shares they issued, and two percent of the shares that do not have any voting qualifications, these three percent, will be our bargaining chips to influence Orange Technology, and now I need you to get an additional five percent of the shares from Orange Technology, so that In the future, we may not be able to squeeze Amex out of this cake. Walker used his network of connections across the United States to influence Amex's shareholders, eventually making them give up some of their fat to their mouths.
The price to be paid is probably enough to make a Fortune 500 company feel painful, but it is not worth mentioning compared to the hundreds of millions of dollars in profits per hundredth of a share in the future.
Sandywell got up immediately, in fact, he came to this meeting to take this opportunity to negotiate with Walker, and now that the final result is there, there is no need for him to stay, and he strode out directly, because the time is very urgent, he must immediately have a face-to-face meeting with Li Mubai.
"Tell Orange Technology that this is our last sincerity, and if we can't reach an agreement, then their cooperation with Amex will also be canceled, because Congress cannot bypass the Rockefeller consortium and the Morgan consortium to make any approval of cooperation." After leaving the villa, Sandy Will said directly to his assistant beside him.
The latter understood, and immediately took out the phone and called one of the senior CEOs of the company, and only nodded at him after Sandywell's words were fully conveyed.
Soon, a special plane from Huasheng D to Los Angeles landed at Los Angeles International Airport, this time, Li Mubai did not refuse Citigroup's proposal, but personally selected a location and had a third meeting with Sandywell.
As soon as they met, Sandywell couldn't wait to say, "Mr. Li, although this negotiation has not been going on for long, but I believe we are all exhausted by this, please let us get straight to the point, Citi needs a stake in Orange Technology, here and now, to have an explanation to our investors, if we can't get what we want, then this is a financial war, from this moment on." ”
Li Mubai smiled, did not speak immediately, but picked up the quotation of Citigroup and looked at it for a while, "I can hand over five percent of the shares to you, but I have to get all the five mining areas under the Rio Tinto Group and BHP Billiton Group." ”
"There's no problem, I can get Congress to pass the bill right away, and I can make sure there won't be any surprises." Sandy Weir was overjoyed, after so many days of tug-of-war, he finally saw the dawn of hope, which was the harbinger of success.
"Second, the five percent of the shares, of which three percent do not include any voting rights, only enjoy the right to dividends." Li Mubai stretched out a second finger.
After thinking about it for a while, Sandywell said, "We don't want to take control of Orange Technology America, so we can agree to this request in principle, but the final result is still up to the Citigroup board of directors, and I can't answer you for the time being." ”
"Of course, after all, you have a lot of capital behind you, and they may not be able to agree." Li Mubai laughed and stretched out a third finger, "Citigroup's three percent of the shares through Yuntong, as well as these five percent of the shares, all shares will be redefined before listing, if Citigroup is still optimistic about the income of part of the equity at that time, then the necessary funds must be taken out to make up for the deficiency under the same circumstances." ”
"We have been prepared for this for a long time, and as our sincerity, we are willing to sell 0.5% of the shares for replacement, and the shortfall will be partially made up for with cash." Sandywell doesn't want to go back and forth endlessly on this issue, after all, Citigroup is not short of billions of dollars raised before going public, after all, there are so many people competing that they couldn't ask for better treatment.