Chapter 374 This share is not so easy to take

Hung up the phone of Forbes magazine, Liu Fei tidied up his clothes, and there is still a board of directors of Activision Blizzard to meet in the afternoon, although it is a board of directors, but it is estimated that there are not many people who participate, because there are only a few major shareholders now.

Kodek was also a little helpless, he didn't expect Brian to sell the shares directly to EA, what strategy is there now, EA knows in advance, and he owns 24% of the shares, which is already the second largest shareholder in addition to Liu Fei, so it is impossible to hide anything from the other party.

"Is there a way to get them out?" When Liu Fei met Kodick, his first question was this.

"It's very difficult, if the other party doesn't want to sell, then it's almost impossible for us to kick the other party out, unless Mr. Liu, you find a way in other aspects." Kodek is very vague, Liu Fei is a little helpless, how easy is it to use, Liu Fei doesn't want to waste the points in his hands.

"What about their finances?" Liu Fei thought about it and asked directly.

"Although I don't know much, game companies are generally in a very average financial situation, with about a billion dollars in liquidity, but in the same way, they also have more than a billion dollars in debt, and they need to pay relevant interest at the end of each year." Kodek probably said that although Kodek was not a shareholder of the other party, he still knew the general situation.

"Okay, I see." Liu Fei thought for a moment before he nodded and spoke.

When the time came, Liu Fei pinched the last point to enter the conference room, and when Liu Fei entered the conference room, there were already a few people sitting here, and when they saw Liu Fei coming in, everyone stood up with a smile and greeted Liu Fei, after all, Liu Fei is not only a shareholder of Activision Blizzard now, but also has another identity, the richest man in the world!

The richest man in the world is not really useless, 120 billion US dollars in private assets, this is not a joke, especially in a country like the United States, where capital is supreme, these people naturally understand the power of capital better, it is no exaggeration to say that Liu Fei's assets, if he is really an American, have no problem influencing the national policy of the US government.

Otherwise, do you think that the United States is a big company, and such a law is blown out?

"Hello everyone, this is the first board of directors of our company, and it is a pleasure to meet you." Liu Fei smiled and spoke.

"Mr. Liu, let me introduce you, this is Mr. Lightmondo, the representative of the board of directors of Vivendi in Activision Blizzard, and this gentleman is Larry Probst, the chairman of Electronic Arts, and also the representative of the board of directors who came to our company this time. This gentleman is Catelo and is a private investor. Kodek introduced Liu Fei to these people.

Liu Fei nodded slightly, then turned directly to Larry Probst and said, "Mr. Larry, I don't know if the shares in the name of Electronic Arts can be sold to me?" Can I buy at a premium of 30% of the current market price? Or you can buy it at a 30% premium at the price that Mr. Bryan sold you. ”

As soon as Liu Fei's words came out, the people in the room instantly quieted down, and everyone's eyes were focused on Larry Probst, Cordik almost fell to the ground, he was a little speechless, how could he come up and buy ......shares directly from others.

Other people's minds are also different, Catro is purely here to play soy sauce, as a private investor, Liu Fei's boiling identity spread in this circle, he naturally heard a little, such a talent, similar to Soros, Buffett-like figures, no one will refuse to know each other, so Catro has never attended the board of directors before also came directly.

As for Letmondo, he can also be regarded as a soy sauce player, Activision Blizzard used to be a subsidiary of Vivendi, but because of Vivendi's own poor management, he had to sell Activision Blizzard in exchange for a large amount of money, but Vivendi also retained 10% of the shares, just to be able to cooperate in this area.

Naturally, they don't want Electronic Arts to get involved, so Liu Fei's opening, they are naturally directly bystanders, because now Liu Fei's shares are too high, and they also know that they are actually here to listen, because the shares owned by others are already absolutely controlled, and any decision Liu Fei can put forward, they can't stop it at all.

"This, Mr. Liu, we are also very optimistic about the future of Activision Blizzard, and we have no intention of selling our shares." Larry paused for a moment, and then said a little speechlessly, obviously he didn't expect Liu Fei to make this decision when he came up.

"I think that the 30% investment return of Electronic Arts in just a few years is already very high, why don't you sell us the shares?" Liu Fei thought about it for a while, and then said that he really didn't want to keep such a person on the company's board of directors.

"Mr. Liu&......" Larry said helplessly, he was already very clear, although Liu Fei's proposal was very actionable, but there is no doubt that Activision Blizzard is a competitor of Electronic Arts, and with such an opportunity, Larry will naturally not give up this opportunity.

"Well, since Mr. Larry doesn't want to, then I can't help it, so next, we'll announce the first decision, yes, according to my prediction for the future, the game industry will develop greatly in the future, so I decided that Activision Blizzard will increase its investment in hardware in the future, such as building new servers, etc., I decided to expand my stake and add $30 billion, may I ask you, what is your decision?" Liu Fei saw that Larry disagreed, so he spoke directly.

As soon as Liu Fei's words came out, the people in the entire board of directors were directly stunned, everyone looked sluggish, and even Kodek next to him was speechless, but Kodik had to sigh in his heart, Nima, is this the domineering of the richest man in the world? The opening mouth is $30 billion, and now Activision Blizzard's stock has risen a lot, but the market value is only about $17 billion.

And what is Liu Fei doing? Kodek naturally knows what Liu Fei is doing, in vain, this is forcibly crushing you with funds, to put it bluntly, I am squeezing you out alive with money. Kodek understood that before Mao had just had a meeting, Liu Fei asked how the cash flow of Yidian was.

Isn't that what it is...... Ye just used money to stone you to death. What are you going to do?

Liu Fei now owns 56% of Activision Blizzard's shares, which means that Liu Fei's words are the resolution of the board of directors, which no one has an opinion on, so the problem is, Liu Fei invested 30 billion US dollars, according to the share share, 56% of the shares invested 30 billion, and Yidianshou has 24% of the shares, so according to this ratio, 12.8 billion US dollars will be invested. Vivendi, on the other hand, will invest 53. $500 million, and the other shareholders have to invest the corresponding money according to their own shares.

Liu Fei directly contributed 30 billion US dollars, which means that the overall investment amount is about 535. About $700 million, or the same question just now, what if you don't have money? If you don't have money, then I'm sorry, you can only reduce your investment proportion according to the proportion of shares, recalculate the share shares, and reduce your share holdings.

According to this ratio, if the art electronics side does not pay any money, Activision Blizzard's market value is $17 billion, and 24% of the shares are 40. $800 million, then after Liu Fei invests $30 billion, Activision Blizzard's total market capitalization will reach about $47 billion.

Based on this ratio, the proportion of EA shares will be reduced to 8. 6%。 Vivendi's stake will be reduced to 3. Around 6%. Although Electronic Arts' stake is still the second largest shareholder, his stake has shrunk to a significant part, and Liu Fei's stake has expanded to the point where Activision Blizzard is about to become his wholly-owned subsidiary.

At that time, Liu Fei can completely transfer his shares to his relatives, or people who believe in it, and then further reduce the voice of Electronic Arts in Activision Blizzard, anyway, there is an opportunity, until finally your shares are reduced to the point of being squeezed out of the board of directors.

Because to enter the board of directors generally have more than 3% of the shares before entering the board of directors by the right, otherwise, you have no right to enter, as long as you squeeze out of the board of directors, then the rest of the thing is very simple, you just have the right to dividends, you have no chance to participate in specific resolutions, what secrets does the company have, it is very simple to hide it.

It's just that as soon as Liu Fei said this, the people in the room were a little speechless, but they couldn't refute it, how can this be refuted, Liu Fei owns 56% of the shares, yes, people's words are the resolution of the board of directors, anyway, more than 50% is enough, so you, what should I do?

Does Electronic Arts have $12.8 billion? The market value of Electronic Arts is only more than $18 billion, and after taking a 24% stake in Bryan's hands, where will Electronic Arts go to find $12.8 billion? In fact, the cash flow in the company is now even less than $1 billion.

Larry was also completely stunned, he didn't expect Liu Fei to come up and come to such a play, originally Larry wanted to come to see Activision Blizzard's jokes, but now how you look at it, how do you feel it...... It's as if he's the one who was seen as a joke.

The atmosphere in the conference room immediately became stiff, and Kodek almost laughed, Nima, this feels so cool, this is how to kill you with money, everyone is a competitor, the relationship between Kodek and Larry is naturally not good, what is Larry doing here, of course Kodek knows, but now...... If it weren't for the sake of maintaining his image, Kodek would have liked to say that the boss had done a good job

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