Chapter 424: Neither is a Good Bird
(.) Lee Kun-hee resigned as chairman of Samsung Group and pushed his eldest son Lee Jae-chrome to the forefront, and he stepped down as the emperor, announcing that it was for personal reasons. In fact, Lee Kun-hee was forced to be helpless because he was involved in a big trouble, that is, suspected of illegal transfer of business rights and tax evasion.
As early as 193, Lee Kun-hee was sentenced to 2 years of probation for bribery, but in the second year, in 1997, he was pardoned. However, this time the incident was even bigger than the last time, and the suspected crimes of illegal transfer of business rights and tax evasion were much more serious than bribery, and in order to avoid being prosecuted, Lee Kun-hee could only use this way to put on a "retreat" appearance, hoping to avoid this hurdle.
When it comes to Korean companies, especially multinational conglomerates like Samsung, no one has a clean butt. After learning that Lee Kun-hee was forced to resign voluntarily by these things, Lee Meng-hee's father and son applauded, as excited as if they had been beaten with chicken blood. In their opinion, this time is a good time to seek justice, so Li Mengxi and his son sent a message to Lee Kunxi, demanding that Li Kunxi return 140,000 shares of Samsung Life Stock, 20,000 shares of Samsung Electronics, 1oo shares of Samsung Everland, and including its stock dividends.
These things add up to nearly a billion dollars, and in addition, Lee Mengxi and his son have also put forward a request to join the board of directors of Samsung Group and serve as vice chairman. Although Lee Kun-hee was anxious at the time, he refused to back down on this matter. Not to mention letting the other party enter the board of directors, as for those stocks, including dividends, he doesn't plan to give the other party a penny. The two sides quarreled and broke up unhappily, and after Li Mengxi and his son left, they really understood Li Kunxi's iron rooster's indefatigable character, and vowed to take back what belonged to them no matter what means were used.
is also because of this incident, in order to guard against Li Mengxi's father and son, Li Jianxi sent his subordinates to follow their father and son, if it wasn't for Lee Jae-hyun's luck and got rid of the stalking guy, maybe the secret of his meeting with Zhou Liwen in New York would have been known by Li Jianxi.
In fact, speaking of Li Mengxi's father and son, the two of them are not good birds. As the successor of the former Samsung Group, Lee Mengxi served as the vice chairman of the Samsung Group and presided over the executive work of Samsung. Compared with his younger brother Lee Kun-hee, who is more shrewd and stronger, Lee Meng-hee has a good eye, is comfortable and enjoyable, and his successive errors in judgment caused huge losses to the Samsung Group, and finally his father was deprived of the identity of the successor after being disappointed.
And Lee Mengxi's son, Lee Jae-hyun who sat in front of Zhou Liwen, don't look at him scolding Lee Kun-hee in his mouth, and he is extremely shameful about his bribery, tax evasion and illegal transfer of business rights, and even scolded him as the scum of the Lee family and a person among Koreans.
But in fact, as the chairman of the CI Group, Lee Jae-hyun has done this kind of thing, don't look at the usual sanctimonious appearance of Koreans, in fact, he is inferior to the Japanese in his bones, as the chairman of the CI Group, the main business of the CI Group is entertainment and media, and there are many artists under it, of course, there will be no shortage of young and beautiful female artists
The unspoken rules of the Korean entertainment industry are the most powerful on the planet, and there are many situations that force female artists to accompany customers for public relations or something, and those female artists who are glamorous and beautiful on the surface are almost tools and slaves in the eyes of companies like CI Group. In order to curry favor with high-ranking officials and the bosses of some large conglomerates, Lee Jae-hyun did not do less than these things in private. Not long ago, Lee Jae-hyun pimped the South Korean president several times, and used a few of the hottest and hottest celebrities to make the old guy comfortable, the purpose of which is of course not only for his CI group, but more importantly, to get official support when he competes with Lee Kun-hee for Samsung shares.
Lee Jae-hyun's abacus is good, but who would have thought that His Excellency the President wiped his mouth after eating and drinking enough to play with women, and only gave him a vague reply, which made Lee Jae-hyun depressed. When they did not get real support from the other party for the time being, Li Mengxi and his son did not dare to formally sue Li Jianxi in the court, if they were not sure, once they lost the lawsuit, it would be even more difficult to get back these shares in the future.
Compared with the chaotic struggle between the Lee brothers, uncles and nephews, in fact, as the top leaders of South Korean politics, including the president who turned his face and denied anyone when he got out of bed, in their opinion, it is most appropriate to maintain the situation of the Lee family at least temporarily. Because these politicians know very well that the more Li Mengxi and Lee Kunxi and his son fight, the more they will be able to benefit from it as bystanders. Not to mention anything else, just those filial piety and beautiful women are almost at their fingertips, once the matter is settled, then they will lose their use value, and they will no longer have these benefits.
Although Lee Mengxi's father and son are not as shrewd as Lee Kun-hee, they are not fools, and they know what these politicians who eat people and don't spit out bones think. What's more, now they are falling into the disadvantage again, compared with Li Jianxi's father and son, there are not many chips in their hands, and if they compare wealth, they are even worse.
As time passes, Lee Meng-hee's father and son are becoming more and more anxious, if this problem is not solved, once the elderly Lee Meng-hee passes away, then Lee Jae-hyun will never be able to return to the Samsung Group. It was at this time that a person suddenly extended an olive branch to Li Mengxi and his son, and after learning that Zhou Liwen intended to help them re-enter the Samsung Group, Li Mengxi and his son were first shocked, and then ecstatic.
Of course, Li Mengxi and his son know who Zhou Liwen is, not to mention that although they are no longer in the Samsung Group, as Li Mengxi and his son, who once were in charge of the Samsung Group, it is not too difficult to understand the situation between Zhou Liwen and the Samsung Group, after all, with the habits of Koreans similar to the Japanese, it is common for ordinary employees to stay in one company for a lifetime, and there are even examples of father and son dedicating their lives to the company.
At first, Li Mengxi and his son wondered why Zhou Liwen found them, after all, OR company and Samsung Group have business contacts and technical cooperation, and even have a joint venture laboratory. Compared with them, the relationship between Zhou Liwen and Li Kunxi is not bad, not to mention that with the xenophobic character of Koreans, it is impossible for Zhou Liwen to fight the idea of Samsung Group, not to mention that ordinary Koreans oppose it, and even the government will prevent the other party from doing so.
With this question, Li Mengxi and his son hurriedly investigated, and when a "grapevine" reached their ears, Li Mengxi and his son somewhat understood why Zhou Liwen did this.
Because the reason is very simple, when Li Kunxi temporarily retreated to the second line, the current prince of Samsung Group, Li Zaichrome, didn't know which nerve was wrong, and secretly put Zhou Liwen together regardless of the cooperation between the two sides, so that Zhou Liwen's collaborator Sha Zihao was sentenced for false trade and tax fraud, which led to the suspension of OR's largest foundry in China. Not only that, Lee Jae-chrome also teamed up with several other smartphone manufacturers to put pressure on all the foundries they cooperated, so that the production of OR phones plummeted due to this, and finally lost to Samsung smartphones in total sales.
In the face of this situation, Li Mengxi and his son scolded Li Zaichrome for being a fool and excited, because this means that Zhou Liwen has a basis for cooperation with them, judging from their guesses, this is the sign that Zhou Liwen wants to retaliate against the Samsung Group, the enemy of the enemy is a friend, this criterion is the standard all over the world, Li Mengxi and his son immediately connected with the people sent by Zhou Liwen, and the two sides first exchanged opinions through channels, and hit it off, in order to keep it confidential, After Lee Mong-hee and his son discussed, Lee Jae-hyun went to New York, the United States as the plenipotentiary to interview Zhou Liwen, while Lee Meng-hee continued to stay in South Korea, deliberately jumping up and down to attract the attention of Lee Kun-hee's father and son, and ambushed his son.
The two sides met, and after a brief cold chat, the main topic began. Zhou Liwen made no secret of his anger at the small actions made by Lee Kun-hee and his son against the OR company, and bluntly told Lee Jae-hyun that in view of what Lee Kun-hee and his son did, the cooperation between OR and Samsung Group has existed in name only.
The decision to return to Samsung Corning, a partner company of Samsung. And will launch a series of retaliation against Samsung Group.
Of course, the-for-tat confrontation between two large international companies is likely to lead to a lose-lose outcome, and as a successful businessman, Zhou Liwen is not an impulsive young man. Therefore, Zhou Liwen felt that there might be another way to complete the revenge on Li Jianxi and his son, but without harming the interests of Samsung Group. After all, as the largest enterprise in South Korea, the Samsung Group is very important, and the US government does not want the Samsung Group to cause political and economic instability in South Korea. And this way is nothing else, that is, to support Li Mengxi and his son to re-enter the Samsung Group, and work together to fight against the common enemy, once this goal can be achieved, then Zhou Liwen can not only breathe a bad breath, but also continue to carry out the previous cooperation with the Samsung Group.
"Dong Zhou, I understand what you mean, this is exactly what our father and son want." Lee Jae-hyun replied seemingly calmly, but his heart blossomed, this is simply a godsend, with Zhou Liwen's support, they drove Lee Kun-hee and his son out of Samsung, and the possibility of winning is even greater.
However, Lee Jae-hyun is not an ordinary person, although he has been a playboy since he was a child, otherwise he would not have created the CI Group, including pimping the president. Compared with ordinary people, Lee Jae-hyun still has some brains, and he asked Zhou Liwen: "I don't know how Jay Chou needs to cooperate?" And what does Dong Chou want to get after the cooperation is completed? As a businessman, I know that there is no such thing as a free lunch, and with the status and wealth of Dong Chou, it is hard to believe if it is just revenge. ”
Zhou Liwen smiled faintly, Li Zaixian asked this question as he expected, and he immediately said: "You are right, there is no free lunch in the world, it is not so easy to target Li Jianxi and his son, maybe I will pay a great price, of course, once I succeed, I have to ask for something, isn't it a matter of course?" ”
Seeing that Lee Jae-hyun nodded in agreement, Zhou Liwen continued: "First of all, I want to ensure that the ownership of Samsung Corning is owned by Corning of the United States, you know what is the main business of our OR company, and the supply of touch screens is a very important part of OR's products." Only by holding this company in my own hands can I let it go completely
Li Zaixian hesitated and nodded: "Dong Chou's thoughts are very normal and appropriate. But I think the acquisition of 1oo is probably not necessary, after all, Samsung Corning is a joint venture, and it has been running very well over the years, and if our father and son hand it over as soon as they come to power, the pressure on all sides will be very great. I suggest that it would be safer to retain some of Samsung's shares, and of course the control of the company could be handed over to Corning. ”
"No" Zhou Liwen shook his head and vetoed without thinking about it: "If this is not as simple as my direct acquisition, if it is just a change of equity, this will conflict with the resolution of the board of directors of Corning, even if I agree, the board of directors of Corning will not pass it." ”
"It's ......." Lee Jae-hyun hesitated for a while, then changed his mind and said, "So, can we transfer this company by way of share exchange?" For example, the acquisition was completed by exchanging Samsung Group's stake in Samsung Corning for a stake in Corning of the United States? This will also avoid obstacles. ”
Zhou Liwen smiled meaningfully, but still shook his head: "How is this possible?" In this way, it is equivalent to Samsung Group entering the board of directors of Corning headquarters in the United States, and it is better to directly agree to the previous plan than this requirement. However, if Mr. Lee is able to appropriately cede some of Samsung Electronics' shares for a share swap, and Samsung Group's stake in Corning does not meet the criteria for board membership, then it may be negotiable. ”
"How can this be" Lee Jae-hyun immediately shook his head like a drum, you must know that Samsung Electronics is the core enterprise of the Samsung Group, and the transfer of Samsung Electronics' shares is simply a world compared to Samsung Corning, if this kind of thing spreads, their father and son will get into big trouble, and it is even possible to be scolded by the Chinese people.
"What if you use a workaround?" Zhou Liwen smiled unanxiously.
"Flexible?" Lee Jae-hyun was stunned, not understanding what Zhou Liwen meant by adaptation.
"It's very simple," Zhou Liwen smiled: "Mr. Li, have you forgotten your own identity?" ”
"My identity?" Lee Jae-hyun frowned, and for a while he couldn't understand what Zhou Liwen was referring to, what his identity meant? What does this have to do with Samsung Electronics' shares?
"CI Group" Zhou Liwen nodded with a smile.
"CI Group...... You mean ......? Lee Jae-hyun suddenly thought of a possibility and immediately understood: "You mean to cooperate with the two sides through a share exchange with CI Group, and then obtain the shares of Samsung Electronics through a cross-share swap between CI Group and Samsung Electronics?" ”
"That's right, that's what it means." Zhou Liwen smiled approvingly.
Hearing Zhou Liwen's affirmative reply, Lee Jae-hyun was silent for a while. Theoretically, such an operation is feasible, because the CI Group is in the hands of Lee Jae-hyun, although the CI Group is the largest entertainment company in South Korea, but also the CI Group is not only an entertainment company, but also has games, food, food services, logistics, home shopping, biopharmaceuticals, infrastructure and other industries. And judging from the predecessor of the final CI Group, it is also inextricably linked with the Samsung Group, in other words, the CI Group was actually originally a part of the giant split from Samsung, and it was not completely independent until it was mastered by Li Mengxi and his son. If Li Mengxi and his son return to Samsung Group, and then regroup CI Group and Samsung Group together, from the eyes of outsiders, this is a very normal move.
However, Lee Jae-hyun also has his concerns. You must know that after losing the rights of Samsung Group, CI Group has become the last bastion of their father and son. Once there is any accident with this group, then they have completely lost everything, and it is impossible to turn over again.
"You can rest assured, I absolutely did not take this opportunity to grasp or split the CI Group, and even if I acquired the shares of Samsung Electronics in this way, it was a private action, which is very common in capital operation. What's more, doesn't Mr. Li think that it is not a good thing to tie you and me to the same chariot with a little bit of contribution from the CI Group, and even have the full support of the OR company? ”
"That being said, but." Lee Jae-hyun said bitterly, but as soon as he was halfway through the words, he suddenly narrowed his eyes and looked at Zhou Liwen and asked, "I'm sorry Jay Chou, what did you just say?" Or the full support of the company? Do you mean that it was not Corning of the United States that exchanged shares with CI Group, but OR Corporation? ”
"Hehe, of course it's not Corning." Zhou Liwen smiled: "On the surface, you can obtain part of the equity of Corning in the United States, but you can't enter the proportion of shares on the board of directors, and at the same time, as compensation, I will give you or the company's equity." ”
"Is that really the case?" Lee Jae-hyun asked happily.
"Of course, but I also have conditions." Zhou Liwen said with a smile: "My condition is that in addition to the requirements mentioned above, you will have to hand over all the equity of Corning to me at that time, and I will exchange it for the equity of the OR company according to the proportion." ”
Lee Jae-hyun thought for a moment and asked hesitantly: "Can the equity of the OR side enter your board of directors?" ”
"It's not a problem, of course, compared to the proportion of equity exchanged, OR is not Corning, and the qualifications to enter the board of directors are there, but its rights are not large." Zhou Liwen replied very frankly.
Hearing this, Li Zaixian's face changed, and after thinking for a while, he finally made up his mind, and suddenly got up and stretched out his hand to Zhou Liwen: "Then let's cooperate happily?" ”
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