In a normal large enterprise, the efficiency of the decision-making and execution mechanism is not as high as that of Mason United Group and its subsidiaries. This is determined by the structure of the equity. It often leads to a quibble between a group of directors and shareholders, and ultimately a conclusion is reached based on voting rights.
It may be in line with the ideas of the majority of shareholders, but not necessarily in line with the ideas of the major shareholders.
Han Chudongmian is lucky in this regard. He is not subject to any constraints and can always make decisions quickly based on his own ideas.
So even though at the dinner, Rowan and Woody were inclined to sell part or all of their shares, it didn't mean the deal was done.
From Han Chudong's perspective.
It would be good to reach an agreement, but even if he fails to successfully acquire the shares of The Wall Street Journal, he can choose other acquisition targets or even integrate and establish a new company on his own.
In any case, as long as he can gain some say in the end and prevent these "uncrowned kings" from treating him as a soft persimmon, it will be in Han Chudong's long-term interest.
…
There is no need to worry about the two of them leaking the content of tonight's conversation.
Han Chudong even hoped that they could tell this matter as a joke to others on some appropriate occasions. If you look into the reasons, you will find that they mainly want to become a ruthless person in the eyes of their peers.
If a wealthy businessman has a good temper, a simple character, is kind to others, and does not bear grudges... such a person may have a good reputation, but in the end he will most likely lose badly.
The temptation of money is undoubted, but being rich itself is also a crisis.
It is necessary to become a good guy and a cool guy in the eyes of consumers, and to show your fangs appropriately to your peers, which can reduce a lot of unnecessary troubles and risks.
The United Airlines flight that night landed in Los Angeles late at night. There were not enough seats in the first-class cabin, so even Assistant Arthur had to make do with the economy class. The days of squeezing into crowded airliners would soon be over. Boeing had already taken out a 747 double-decker wide-body aircraft for preliminary modifications.
Design work is underway and the entire renovation project is expected to be completed in the first half of next year.
The long-term unlimited tickets purchased from United Airlines for US$600,000 will be used to help with the maintenance and operation of the private jet after the aircraft arrives. Compared with this small profit, they value the income expected to be brought by the management business.
Boeing's purpose in lowering the price is to release the finished product drawings as soon as the design is completed so that people can see how spacious and luxurious the aircraft is.
In fact, there was nothing wrong with the market positioning of Boeing 747. It was just because it was born at the wrong time. As oil prices rose, air tickets became too expensive, resulting in the loss of some customers.
After seeing this, Han Chudong has now included Boeing in the investment list of Mason Private Equity Fund. The overall economic environment is relatively bad, and other people's risks have become opportunities in Han Chudong's eyes.
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In the following ten days.
Mason United Group began to take action, first acquiring 24% of the shares of Playboy magazine, and then acquiring 30% of the total share capital of the women's magazine VOGUE through premium financing. This money will be used to acquire part of the French ELLE magazine.
A total of nearly 50 million US dollars were spent, and there was still more than 170 million US dollars left in the company's account.
After waiting patiently until today, Han Chudong finally issued an ultimatum to Rowan and Woody, saying that if there was no more news, he would contact the Los Angeles Times.
Overall, the market capitalizations of The Wall Street Journal and The Los Angeles Times are comparable, and their readerships overlap to a high degree, but the Wall Street Journal is more biased, with its subscribers primarily consisting of the social elite.
October 26th.
The East Coast chief executive of Washington came to California to host a joint meeting organized by the Organization for Economic Cooperation and Development (OECD).
Han Chudong was also on the invitation list. He would not have the opportunity to speak at the meeting, but since the chief of staff in the white house called personally to invite him, it was enough to show that his name had entered the minds of that group of people and he was no longer an unknown person.
In fact, as early as early September, Han Chudong received an invitation from the second-in-command, asking him to accompany him to Southeast Asia to attend a trade exchange meeting, but he declined.
This OECD meeting is held in San Francisco, and with the governor's call, it is only logical that I should show up.
Since Paul Getty Sr. was in poor health and no longer attended public events, Han Chudong, the second richest man in California, naturally became another eye-catching business card.
There is no wrong version in the 1619 book forum!
We gave up the idea of driving there and rented two helicopters, which reduced the travel time by more than half.
During the three-day negotiation, the government paid for a hotel room, but Han Chudong did not plan to stay there. He found a luxury hotel and booked rooms for his bodyguards and assistants. There was no need to worry about this little money now.
The formal meeting will start tomorrow, on the morning of the 27th. A secretary will help run errands and take the invitation letter to get the meeting procedures and admission certificate.
Han Chudong was dizzy from the noise of the helicopter and finally realized that this thing was not suitable for long-distance travel. He thought that if he bought a helicopter, he must modify the sound insulation.
When he saw the secretary who had been brought in from the company, he asked, "What did you see at the venue? Is there any event today that requires my participation?"
"Everyone is checking in to enter the hotel. There are many special police officers standing outside. If I didn't have your invitation letter, I wouldn't be able to get in. The roadside is full of cars. People from all over the world are busy socializing. The scene is quite shocking. The specific process is written on the form."
The young secretary had not seen much of the world and was very excited at the moment.
In fact, it was Han Chudong's first time to attend such a high-level formal event. He was also a little curious. He pulled out a stack of papers from the file bag with the words "Organization for Economic Cooperation and Development" written on it. There was a list of all the participants, as well as detailed arrangements of the agenda and procedures. For example, tonight's cocktail party was written in great detail and was clear at a glance.
"Thank you. Go back and have a rest. You can visit the beauty product R&D laboratory later. Ask someone to send me a pizza. Any flavor is fine."
Han Chudong said with his head down, and the secretary nodded and left his room first.