Chapter 59: Joy and Sorrow
Ito Masato's visit at night made Tang Bao's plan to fight with the Ito-Yokado Group come to naught, but Tang Bao was very happy to see it.
With the loss of Ito-Yokado Group, the only competitor, it is necessary for him to adjust his previous offer.
"It was the American Southern Company that was unjust and unilaterally terminated the acquisition agreement that had been negotiated. Then don't blame me for being unkind......"
……
After listening to the conversation between Tang Bao and Masatoshi Ito, Nick naturally understood that the current situation had changed fundamentally, and after receiving Tang Bao's instructions, Nick called Angela's office directly.
"Hey."
"Hello, President Angela, I'm Nick. Considering that you have not shown the sincerity you should have in the transaction, the boss intends to temporarily withdraw the offer to your company and reassess the value of the American Southern company. After the call was connected, Nick informed Tang Bao of his decision.
On the other end of the phone, Angela couldn't help but be shocked when she heard Nick's words, and hurriedly asked, "Temporarily withdraw the offer, Nick, what do you mean?" ”
"Angela, you're a smart man, don't you understand this. Then I tell you plainly, we don't think that the American Southern Company is worth 900 million dollars, and it is not in the interests of the boss to buy it. After Nick finished speaking, he hung up the phone unceremoniously, which can be regarded as a harsh sigh at Angela's arrogant attitude in the past few days.
You hear the phone busy.
Angela was dumbfounded, she didn't expect Tang Bao to withdraw so without warning, and directly withdrew the offer of nine hundred million US dollars. "Tang Bao, who is bound to win the Southern Company of the United States, why did he suddenly withdraw the offer, and what happened, who can tell me?"
"Quick, send someone to find out why Tang Bao suddenly withdrew, who have they seen these days?" Angela yelled at a supervisor who came to his office to report to work.
"Understood."
The director answered, and hurried away.
Call.
Angela sat in the office and lost her mind, she secretly regretted it in her heart, these days, she is also addicted to the fierce battle between Tang Bao and Ito Masato, she thinks that as long as the two continue to fight like this, then she just needs to sit in the office and wait for the two sides to divide the winner, and then she will go to sign the acquisition contract with the winner. She was careless, and paid too little attention to Tang Bao and Ito Masato.
So much so that until she was notified by Nick to withdraw the offer, she didn't know exactly what had happened.
Angela forced herself to calm down, Tang Bao withdrew the offer, once Ito-Yokado got the news, then the other party's attitude was afraid that it would also change.
This would be catastrophic for her.
"No, I can't sit in the office......" Angela, who came to her senses, muttered, and then rushed out of the office quickly.
She was going to talk to Tang Bao.
Suddenly it occurred to her mind that she didn't know where Tang Bao lived, and she couldn't help but curse in her heart, she would never ignore such an important detail, as their important negotiation client, it was extremely important to know all the news of the other party, but because she was lost in the optimistic situation, she ignored these business details.
"Oh my God, what have I been doing all these days......" Angela's head was in disarray.
"Quick, I want to know which hotel and which room Don is staying in, and find out as quickly as possible!" Angela yelled at her subordinates.
Tang Bao's move to withdraw the offer made everyone in the American Southern Company, including Angela, scramble.
An hour later.
Angela got Tang Bao's address and hurriedly drove to the hotel where Tang Bao had settled.
"Ha, President Angela, what a rarity." Tang Bao stood up and welcomed Angela into the living room with a smile.
"Don, I want to know, why did you withdraw the offer?"
Angela asked eagerly, she needed to understand the root of the problem, she came to Tang Bao instead of taking the initiative to contact Ito Masato, that was because the other party had not responded to Tang Bao's offer of $900 million, if she suddenly ran to talk to the other party and said that she was willing to accept the other party's $890 million offer, it would not be able to hide the old fox of Ito Masato. Most importantly, the purchase price is still far from the $1.5 billion that shareholders had hoped for.
"Hey, Moffic didn't make it clear to President Angela, that's too bad." Tang Bao pretended to be surprised and pretended to criticize Nick.
"Don. I don't think that's a reason......"
Angela was a little helpless, she didn't expect Tang Bao to go around in circles with her.
"Well, since President Angela said so, then I won't go around in circles, I don't think the American Southern company is worth nine hundred million dollars. Any previous offers made to your company will be voided. Tang Bao said calmly.
Voided quotes?
"Oh my God, that's clearer than Nick's 'temporary takeback offer.'" Angela was horrified, she knew there must have been something unexpected that she didn't know.
"Don, you rushed from New York to Dallas just for the American Southern Company, and now you still haven't left, which means that your interest in the American Southern Company is still undiminished, right?"
Tang Bao was noncommittal, he naturally did not lose interest, but he had to make a big adjustment to the offer, Ito Masatoshi withdrew, no one competed with him, and it was naturally impossible for him to continue to be the wrongdoer, and take 900 million US dollars to acquire the American Southern Company that was about to go bankrupt.
The purchase price should be returned to a reasonable price.
This is Tang Bao's bottom line.
If Masatoshi Ito gives up on the acquisition, then no one wants to take over the troubled American Southern company, he can afford to wait, and Angela is afraid that he can't afford to wait.
"Don, the American Southern Company is an excellent company, I hope you can consider it carefully, and I ask you to not announce this news to the public for the time being." Angela said heavily.
"No problem."
Tang Bao readily agreed, this kind of favor will not be given in vain. He knew Angela's intention to ask him to hide the news temporarily, just to make a time difference, hoping to get "comfort" from Ito Masato, but unfortunately, she didn't know that Ito Masatoshi had also made the decision to evacuate.
……
Leaving the hotel where Tang Bao was staying, Angela rushed to Ito Masato's residence.
The situation has taken a turn for the worse.
Angela needs to consider Masatoshi Ito's 'spare tire', and she can't sell it for $900 million, and it would be good if she could sell it to Ito-Yokado Group for $890 million.
Now.
Angela can't think about the $1.5 billion expected by shareholders, Tang Bao is going to withdraw, losing the competition, and the price can only be ** in her heart.
"President Angela, you have come at the right time, and I regret to inform you that the Ito-Yokado Group will abandon this acquisition." Without waiting for Angela to explain his intentions, Ito was the first to say a message that would knock Angela into the abyss.
"Give up? Mr. Ito, you have signed a contract with our company, you can't do this......" Angela said hurriedly.
Masatoshi Ito is also going to withdraw, so the "$890 million" she planned is gone.
Angela's so-called agreement is a liquidated damages agreement that Ito Masatoshi deliberately proposed in order to sabotage Tang Bao's acquisition, and once the acquisition transaction fails due to Ito-Yokado's reasons, then the American Southern Company will receive 10% of the transaction amount in liquidated damages.
As for the transaction value, it naturally refers to the highest acquisition offer made by Ito-Yokado.
"Mr. Ito, you must understand that if you abandon the acquisition at this time, you will have to pay our company $89 million in liquidated damages."
"Rest assured, liquidated damages will be credited to your designated account within one week." Masatoshi Ito bowed slightly. It turned out that he had the idea of winning the acquisition transaction, so he didn't take the liquidated damages to heart, but Ito Masatoshi still miscalculated and finally shot himself in the foot. Ito Masatoshi had no intention of relying on this liquidated damages, and from the moment he decided to quit, he was prepared.
“……”
Angela was silent, even the liquidated damages of up to $89 million couldn't make Ito Yajun hesitate for half a minute, what else could she say. Angela feels like a dream these days, as if it is bright today, the dream is awake, and she has to face the cruelty of reality.