Chapter 602: Sony's Dilemma
What kind of company is Sony?
It is a company that can almost represent the face of a country like South Korea's Samsung, and it is the pride of the Japanese, and now, someone wants to buy Sony, which is simply a big joke in the world.
"Stupid Shina man."
Kenichiro Yoshida sat in the president's office of the Gold Medal Group, proud of the spring breeze, "Actually charging at Sony without his own strength is simply a big joke in the world!" ”
What is Sony? It is a giant in the electronics and entertainment industry, and its horizontal expansion is so wide that outsiders can't imagine it, even if Sony's financial statements are not good, but it does not affect its market value.
And they have just eaten the gold medal group, they own the largest entertainment group in the Far East, as long as they digest it, Sony will immediately have a vast market in the Far East.
You must know that the gold medal group has a deep foundation in China, which is unimaginable to outsiders, even if it is Zhongying, it cannot be compared with him, even if it is put in the world, it is also a prince, and it is also a prince with very high strength.
As long as he digests him, Sony will become the world's largest entertainment group in one fell swoop.
As for a small prince who has lost his kingdom, it is a prince to say that it sounds good, and it is a piece of to say that it is unpleasant, and such a piece of dares to talk about the acquisition of Sony, which is simply incomprehensible.
"It seems that it's time for us Sony to have some fun with him, to let him know that the loss of his vassal state, the so-called princes, is nothing, as for the identity of an international superstar, in front of the princes, the drama will always be just a play. No countertops. ”
Kenichiro Yoshida chuckled softly.
The next morning, Kenichiro Yoshida launched a press conference in the reception hall of the Gold Medal Group, at a press conference. He held a Japanese folding fan and proudly showed that he was the owner of the gold medal group.
"Acquisition of Sony? I heard a joke that Sony is the pride of Japan, it will not be acquired by anyone, let alone just Li Lin, who has just been acquired by Sony Gold Group? ”
He was smiling all over the room.
"Afraid of the funds in Li Lin's hands? No, no, no. Although $20 billion is a lot, it is not in Sony's eyes, as long as Sony is willing. We can always pull out two $20 billion to start this takeover war. ”
"To paraphrase a Western phrase, he is Don Quixote, charging at the windmill."
"It is a declining empire that is charging against modern civilization."
Who is the Fallen Empire? Who is the modern civilization?
From Kenichiro Yoshida's smile. Almost everyone can see it.
"I don't understand where Li Lin got his courage. Dare to talk about the acquisition of Sony. Katsuto Matsuura of the iBakers Group said to the media: "I have dealt with Li Lin a lot, and we are old friends, but I don't think he can buy Sony, really." ”
"He's always been arrogant." AOL Time Warner's President Steve Brown. Keith smiled sneering in front of the media, "Although I don't like Sony, a behemoth that smells of copper, I don't think that Li Lin alone can buy Sony, his acquisition." If it's not a mouthpiece, it's hubris. ”
Everyone was laughing at Li Lin.
laughed at Li Lin's indiscretion.
Soon, though. They won't be able to laugh.
Sumitomo Mitsui Banking Corporation was hit hard by the subprime mortgage crisis, and as one of the main buyers of subprime mortgage contracts in the United States, Sumitomo Mitsui Bank has been in the industry for six years.
They provided a large amount of money to U.S. homebuyers through Lehman Brothers, but a large number of U.S. homebuyers defaulted and the subprime mortgage crisis broke out, which directly led to a financial black hole in Sumitomo Mitsui Bank.
This black hole has continuously swallowed up the profits of Sumitomo Mitsui Bank, and the Nikkei Stock Average has fallen sharply, which is the guide to Sumitomo Mitsui Bank.
This seems to be a repeat of the tragedy of Japan's bubble economic collapse.
The most important thing is that on the eve of the subprime mortgage crisis, Sony applied for a loan of $20 billion to acquire the Gold Group, which is naturally not a problem if it is placed in normal times.
For Sumitomo Mitsui Bank, a large bank, let alone $20 billion, even if it is $200 billion, it is not impossible to get it.
But this is not the usual time, now is the subprime mortgage crisis, and Sumitomo Mitsui Banking Corporation under the subprime mortgage crisis is like a giant with a serious illness, and Sony's behavior of siphoning out 20 billion dollars has finally erupted at this time with bad consequences, and it is even weaker.
In order to prevent a possible crisis in Sumitomo Mitsui Bank, the board of directors of Sumitomo Mitsui Bank issued an order to withdraw the funds of all its groups and companies.
As the core of the Mitsui Foundation, the Sumitomo Mitsui Banking Corporation is the foundation of the foundation, and if the Mitsui Foundation is compared to a big tree, then the Sumitomo Mitsui Banking Corporation is the root and backbone rooted in the earth, and other companies and groups are like branches and branches attached to the Mitsui Sumitomo Bank.
If the nutrients are abundant in normal times, Sumitomo Mitsui Bank naturally undertakes the obligation to transport nutrients and raise the branches and vines to be green, but now, the nutrients are not sufficient, and even the rhizomes and main trunks are in danger of wilting, so they naturally will not send nutrients to the outside anymore.
Therefore, Kenichiro Yoshida's application for a $20 billion anti-takeover special fund to Sumitomo Mitsui Banking Corporation has been lost in the sea, and there is no news.
On the contrary, Sumitomo Mitsui Banking Corporation issued an order to divert funds from all its subordinate groups and companies to fill the capital black hole of Sumitomo Mitsui Bank, and at the same time prevent other large banks from potentially vicious takeovers of Sumitomo Mitsui Bank.
These groups and companies happen to include Sony.
However, Sony has just used its own reserve funds and the acquisition money applied from Sumitomo Mitsui Bank to acquire the Gold Group, where did the funds come from to make up for Sumitomo Mitsui Bank, and they had no choice but to hand over the profits they had just absorbed.
At this time, Li Lin, who held more than $30 billion in funds, frequently contacted Sony's shareholders. Table xiàn showed a strong interest in Sony.
Li Lin, who was considered arrogant, became Sony's talisman at this time.
Sony up and down, all unwilling, and the gold medal group that has just been acquired by Sony. Then the table was full of joy.
"Yaga."
Kenichiro Yoshida walked around the office irritablely, and the porcelain vase on the ground was shattered, "Damn the Shina people, damn the Shina people." ”
Just now, Sony issued a proposal from Citibank to dismantle the $2 billion payment, but Citibank rejected it.
Not only Citibank, but other companies such as Sequoia Capital, Wells Fargo, JP Morgan, and Goldman Sachs all rejected Sony's request to borrow money.
This refusal. Almost all of Sony's ups and downs were taken aback.
They almost all thought that this was a blow to Sony by Wall Street, and they wouldn't have known if it weren't for Goldman Sachs' subtle reminders. Wall Street in the United States is out of money.
Wall Street has no money?
If someone told them that, they would think that the person was having a nervous attack and should go to a psychiatric hospital to have a good look, but at this time they still don't understand. Then they're all stupid.
It's not that Wall Street is out of money. It's just that Wall Street has begun to tighten its monetary strings and prepare for the winter.
What is Winter? The subprime mortgage crisis is obviously not enough, the economic crisis is enough.
But no one will open their mouths to say the word.
It's a word that's so dangerous, so dangerous that it seems like the slightest mention of the crisis will come to them.
At this time, Sony's board of directors had to give an order: sell the gold medal group to Li Lin, and absorb a large amount of cash in Li Lin's hands as Sony's food for the winter.
The Gold Medal Group is a piece of fat, but Sony is the fundamental, if Sony falls in an economic crisis. I'm afraid they're all going to have to be caesarean section en masse.
The darkness before dawn is the darkest.
They don't want to see the next dawn.
"The fat that reached his mouth actually spit out. Damn the Shina people, you're in luck. Kenichiro Yoshida scolded loudly at the newspaper with Li Lin's photo in hatred, then calmed down and called Li Lin, "Li Jun, are you free?" Let's talk! ”
"I'm sorry, I'm busy buying Sony and don't have time to meet you."
The faint refusal was Li Lin's answer to Kenichiro Yoshida.
In July, Freddie Mac and Fannie Mae filed for bankruptcy protection, which revealed that the entire United States was in an uproar, the U.S. stock market suffered another heavy blow, a large number of real estate-related companies have collapsed, and the subprime mortgage crisis broke out in full swing.
In August, the U.S. Federal Reserve met with central banks and announced a $320 billion injection to bail out the market. But then, global banks, led by Bear Stearns, the fifth-largest investment bank in the United States, announced the closure of their funds, which once again hit the global stock market.
In September, the U.S. Federal Housing Finance Bureau announced the takeover of Freddie Mac and Fannie Mae, and at the same time announced that Freddie Mac and Fannie Mae would withdraw from the New York Stock Exchange, and everyone smelled wrong.
Large conglomerates such as Apple and Microsoft are starting to tighten their funding in response to the impending crisis.
In the past three months, Sony has sent 600 invitations to Li Lin, hoping to meet with Li Lin, but Li Lin refused, and the heavy blow to the global stock market directly led to a sharp decline in Sony's stock.
"No matter what, you must see Li Lin."
The order from Sony's board of directors pressed on Kenichiro Yoshida's body fiercely, and he couldn't breathe, at this time, Sony no longer had the heart to sort out the gold medal group.
They all know that the fat in their mouths can't be saved, so up to now, the operation of the entire Gold Medal Group is the same as when Li Lin was there, except that the nominal owner of the company has changed.
Kenichiro Yoshida felt a little in his heart and dialed Wu Kebo's number, "Mr. Wu Kebo, please help introduce Li Jun." ”
"Li Lin? I don't have a very good relationship with him. ”
"But you want to see him, and he won't be gone, will he?" Kenichiro Yoshida hit the nail on the head and said, "Mr. Wu, introduce me, Sony will remember your friendship." (To be continued......)