Chapter 108: A Different Way (Part I)

Shi Hu is not good at business negotiations, so a team of lawyers, financers and assistants temporarily handles the transaction on his behalf. On the other hand, he is also using funds to promote the miraculous effect of hemostatic drugs and increase the bottom line of negotiations.

He didn't think it would be done in a while, maybe it would be necessary for half a year and a year...... Putting aside the deal for the time being, he handed over the first phase of the self-healing test to the team, and instead of staying to wait for news, he returned to Las Vegas first, where he cared about the land.

Things are not going very smoothly, that large area of land is concentrated in two casino hotels, several commercial buildings and several parking lots, there are also some large groups that have thought about it before, but because of the price problem, it cannot be done for the time being, either the sky-high price or no sincerity.

Erica has never really had contact with the other party, she knows the troubled waters here, and she is more focused on exploration and planning, spending some money, she picked out the key points and said: "Small and medium-sized groups can't swallow this piece of fat, and the ability is nothing more than a few giants in the casino." ”

"You can do the elimination method, MGM's family is big, controlling half of the hotels on both sides of the long street, losing money but not diminishing ambitions; Sands Group, Sheldon Adelson recently bet on Macau and Singapore, the world's gambling king, only a small probability of hitting the local market; As for Wynn, the hotel with an investment of more than 2 billion yuan has just opened, and the affairs of Macau cannot be withdrawn, and the probability of doing something to the local area is also small. ”

Shi Hu understood: "That's MGM is the most likely?" ”

"Yes." Erica nodded, "But recently they are also investing in Macau and the mainland, and they will not be able to turn back for a while, and there is a good opportunity: several holders of that land have recently had financial difficulties and hope to sell." The only thing that scares people off is the price. ”

"That's right." Shi Hu thought for a while and pointed to the side of the map: "Is there a second option, the price is the problem, I am most afraid of comparing many people." ”

"Good idea." Erica agreed with him.

……

The principle is like anti-monopoly, when there is only one operator, it must be unreasonable and sky-high, and if there is a second or third, they have to bow their heads and compete. Shi Hu is going to do this kind of thing to expand the choice - opposite the land, the same land.

These two places can be said to be one of the few good locations in Las Vegas, there are no big casinos, only some commercial buildings and large parking lots, which are pure waste of land. Shi Hu used his previous relationship - people always criticized the extravagance and glitz of the rich man's banquet because the loser did not see the opportunity.

If Shi Hu hadn't participated in these circles before, and hadn't shown his face, others wouldn't be interested in meeting him at all. You have to be familiar with the relationship...... The person in charge of the appointment had several relationships with him, and even a casino owner was a friend of Paul's.

At the same time, Erica also formally interviewed several business owners of the target land, expressing her intentions, and both things were carried out publicly, and soon spread in the circle, there was a wealthy Chinese businessman who wanted to do something on these two pieces of land, and it was impossible to know which side was specific, and he talked about both sides.

In fact, both sides are good, the original target area is sufficient, but the gap on the other side is not large, both are enough to achieve the huge scale he wants. So his attitude changed to that it didn't matter on either side, as long as the price was satisfactory to him - he didn't hide his bottom line, he was open and honest.

When the choice is no longer one, the price of the negotiation is loosened.

The work was handed over to Erica, and Shi Hu was extraordinarily laid-back, driving an open-top sports car to the casino on the side of the long street and playing poker with Paul's old friend.

Since the last defeat to Madeleine Rosenstein, which saved the face of the poker world and put the storm of science over skill to ease, Tiger Stone is not widely known, but he is already synonymous with the best in poker circles, and many people want to compete with him.

Paul's friend Doug is one of them.

Doug also opened a casino hotel, which happened to be one of Shi Hu's negotiation targets, at this time the two of them abandoned their business and focused on the table, no-limit poker, $50/100 blinds, and $10,000 in chips.

Doug folded: "In the end, it's still the brains of young people who are better used." ”

"Young and energetic." Shi Hu generously turned over the hole cards to show him, "I'm just a small miscellaneous card, and you have a pair." ”

"Oh!" Doug wondered if he had missed the opportunity, "A lot of people doubt how you, an outsider, can compete with those big groups, but now it seems that there is still a chance." ”

"It's the same as poker." Shi Hu smiled and said, "A small hole card can also put a lot of pressure on the opponent." ”

"That's right." Doug admires his style, "But courage alone is not enough, you need some confidence." ”

"I'd love to be taught by my seniors." Shi Hu didn't succeed in front of these old guys, most of the current casino tycoons only came to prominence after the 10s, and in the 60s and 70s, most of them were controlled by the mafia and gangs - Paul and Doug came from that era.

Doug likes to be treated as an old qualification, and his pride is still there: "The people at MGM have talked to everyone on our side, and the price offered is very tempting, sell it for pension, but the feelings are priceless, and I believe that there is no such thing as us on the other side." ”

Shi Hu nodded: "I believe it too!" ”

Doug knew he was a sycophant, but he didn't mind: "Paul also said that you are a good young man, and you can take care of you if necessary, and in this matter, our old bones can indeed provide you with a lot of convenience, so that you can break through their defenses more quickly." ”

Shi Hu mentioned his spirit, and the purpose of his trip was this.

……

A few days later, the negotiations on Erica's side did not go well, and the biggest disagreement was over the price.

Shi Hu's side is smooth, a casino hotel and the surrounding parking lots, commercial buildings have a shot, the price is not too high, and the surrounding enterprises also have the meaning of bowing to MGM - a simple but sudden trick, all of a sudden made the other side stunned.

These old stubborns, are they going to give up their position?

If this is the case, it means that their side will be shelved for a long time, and there are several businesses facing financial problems before, and now they are shelved until the Year of the Monkey? In the end, I had to take the initiative to contact, Erica's attitude was still polite, and she insisted on a reasonable price.

Finally, she reported the results: "The results of the negotiation are acceptable, but one of the casino hotels is overpriced beyond the scope of reasonable investment, and I suggest the second option, skipping the hotel and choosing the periphery, although it will increase the transaction price, but the area is larger." ”

Shi Hu asked, "What about the total funds?" ”

"It's expected to be $250 million," Erica said. ”

Things were able to be solved, but there was an awkward problem: there was not enough money.

Shi Hu was puzzled...... At the same time, the acquirer was really well informed about the negotiation of pharmaceutical patents, and actually knew the financial difficulties he faced, saying that he could make a risky acquisition without the FDA approving clinical trials, and the offer was $200 million.

"These bastards who are taking advantage of the fire." Shi Hu despised this group of capitalists, and aimed at his own predicament to ask for a sky-high price, at least 600 million worth of which was cut into 200 million.

Of course he doesn't sell, it's just a short board of 50 million US dollars, and he hasn't been short of money to the point of selling technology cheaply, so he'll borrow some more money from Sandra...... Of course, this is the last hole card, and at the moment he is inclined to consider bank loans, and Maxim is doing well.

Erica provided him with the necessary information: "According to Maxim's performance, the bank will be able to provide a maximum loan of $80 million. ”

"Then let's prepare the materials." Shi Hu decided to deal with the bank, "Also, inform a few directors that I have to talk to them about these things." ”

"I know." Erica doesn't forget these details.

"Very well, go get busy, hope there is good news." Shi Hu rubbed his head, he was completely stunned by negotiations and funds in the past few days, and it is not easy to do business.

It's hard to chase your dreams, but you have to do it hard.

Just when Shi Hu planned to borrow from the bank and simply solve the surrounding land problem first, things changed again.

The previous casino hotel sent a surrender signal.

It is said that because MGM is biased on the other side, shareholders do not see any hope of being able to sell after being surrounded.

The last nail household surrendered, and Shi Hu was able to get all that large piece of land, which can be described as once and for all. The total expenditure is as high as 500 million US dollars, and in the case of multi-party cooperation, Shi Hu owes favors to the old-timers, if according to the previous offer, there is no 600 million to talk about.

Things are clear, but the bigger funding problem is back.