Chapter 46: Obstacles in Acquisition of Technology Companies



afternoon.

As expected, Miracle Games closed with some fluctuations in the morning, but after opening, it concentrated its firepower and suddenly broke through the $200 mark. Miracle Games' market value also reached $20 billion.

In the afternoon, Bao Junyi took the time to call Julian Robertson to learn about the earnings of Fat Tiger Fund's $500 million long position in Miracle Games. The feedback he received was that it had doubled so far and was estimated to earn $800 million.

At the same time, in the afternoon, we also found the Morgan executives responsible for the listing to learn about the progress of the share reduction.

The Morgan executive smiled and replied, "Mr. Bao, you have all sold all your shares. Mr. Bao holds over 11% of the shares, earning $1.86 billion. The average price per share is $168."

Bao Junyi also took stock in his mind. The previous account had a balance of 7.52 billion US dollars. Adding the profit of 1.86 billion US dollars from Miracle Games' share reduction, the company's account now has 9.38 billion US dollars in cash.

With this money, we should be able to acquire or purchase a batch of advanced lithography machines and advanced machine tools.

After all, there are still billions of dollars of this money that cannot be touched, and US steel companies and banks still need to spend it.

The U.S. stock market began to gain some vitality after Miracle Games went public, driving other stocks to follow suit. After Miracle Games broke through 20 billion U.S. dollars, it began to rise at a slower rate. Until the close of the market, Miracle Games' stock price was fixed at 218 U.S. dollars per share.

Bao Junyi said hello to Robert and the other two and left.

However, in the afternoon, major media reported or published news about Miracle Games’ market value exceeding 20 billion US dollars on the day of its listing, and closing at 21.8 billion US dollars, with the stock price quadrupling, which was a shocking phenomenon!

Then, television stations around the world broadcast the listing of Miracle Games in the United States, the madness of investors, the soaring stock price, and the busyness of the on-site staff at the exchange.

Even Hong Kong's TVB, Ming Pao, Oriental Daily, Sing Tao Daily and other Hong Kong newspapers printed and sold a large number of newspapers, and mainland TV stations also reported on the scene of Bao Junyi standing at the bell ringing scene.

The whole of Hong Kong and mainland China was shocked. Bao Junyi owned a company with a market value of over 10 billion US dollars when he was less than 20 years old. The older generation of Hong Kong tycoons were very pleased to see Bao Junyi's achievements.

However, Zhang Yuliang of the Zhang family and He the gambling king of the He family did not look very happy. Seeing this kid so successful, it was like he was slapping them in the face in front of the world, and it was a loud slap.

After all, one of them canceled his daughter's good marriage, and the other came to Bao Junyi's house and wanted to break his legs. Fortunately, Bao Junyi ran fast and was sent abroad to study.

Therefore, the attitudes of Hong Kong's wealthy people vary, but the Chinese people are all very proud.

After Bao Junyi came out of the exchange, he took a taxi directly back to the Hilton Hotel three kilometers away and arranged for lawyers and engineers to go to various states in the United States to inspect machine tool or lithography machine companies on site tomorrow. After screening by Julian Robertson, only six companies met the requirements, which were distributed in various states in the United States, so they would set off early tomorrow morning.

The next day.

Bao Junyi divided the team into two groups, led by Michael and himself respectively, and went to companies in various states.

However, Bao Junyi hurried to the companies on the list and found that several companies had very good foundations and very high growth potential. As long as they increased their investment, and Bao Junyi gave certain development ideas for the future, they would soon be able to achieve mass production and upgrades of equipment.

When we first contacted these companies, things went very smoothly and the other party was very interested. After all, the boss of Miracle Games came to invest, which made him a big money sponsor for their company. Moreover, they didn't have to worry about R&D funds in the future because there was no one to help cover the cost.

However, after a week of negotiations, when the contract details were agreed upon and were about to be signed, the other party suddenly stopped them, saying that they needed to discuss the shareholding matters with the shareholders again.

At the same time, news came from Michael's side. He was also negotiating the details of the contract and was about to sign it in the next two days, but was stopped by the top management of the other company.

Bao Junyi knew that it couldn't be such a coincidence. He must have been targeted. My culprits are nothing more than a few major car brands. Anyone who has such great power now must be the upper level, or a consortium.

Bao Junyi pondered for a moment, then picked up the phone and called John, "Hi, John, it's Bao."

"Bao, my God, do you know what time it is? I was making out with my partner, about to take the final position, when suddenly, you interrupted me, you know?"

Bao Junyi smiled awkwardly and said, "Sorry, John, I'll treat you to a drink next time. I'm having some troubles here so I called to ask you something."

"Okay, then go ahead."

"I recently acquired several technology companies in the United States. We were about to sign contracts when all the negotiations were suddenly halted. I wonder if I've offended someone, so I'd like you to help me find out."

John was silent for a moment before saying, "I haven't been back to the family these past few days, and I don't know what's going on in the US lately. You could talk to Robert. Many of the Morgan Consortium's businesses involve cross-border mergers and acquisitions, and they have a wide range of resources and information. He should know something."

"Okay, I'll go ask him. You can continue and I won't disturb you." Bao Junyi joked.

"roll!..."

Bao Junyi continued to pick up the phone and called Robert, saying, "HI, Robert, this is Bao. I need your help with something urgent."

"Bao, I know what you want to ask. Don't ask anymore. Just go back to New York and you'll know everything."

"Robert, can you tell me what happened?"

"You'll understand when you come back. I'll tell you why the acquisition wasn't going well."

Bao Junyi was silent. Could it be that all this was done by the Morgan Consortium? Or was it that some other consortium had taken action against me?

Bao Junyi thought for a moment before replying, "Okay, I'll fly to New York early tomorrow morning."

"Well, I'll pick you up. See you tomorrow."

After hanging up.

Bao Junyi pondered for a long time, but still couldn't think of a specific clue, because there were too many things, such as major automobile brands, American consortiums, White House, etc., all involving high-tech acquisitions, and he really had no specific target in mind.

The second day.

Bao Junyi flew to New York alone with his bodyguards.

The other personnel stayed here to continue negotiating with the other party to see if there was any possibility of a breakthrough. He could go alone, and there was not much point in having others follow him.

Bao Junyi met Robert at the New York airport and got into the fleet of cars he had arranged.

Bao Junyi asked curiously: "Where are we going now? Can you tell me now?"

"Let's go to my old house, Morgan Manor."

"You should know the reason this time. My father and grandfather know about your relationship with my sister, and they want to see you."

"Fuck!..."

Bao Junyi said gloomily, "You're blocking my acquisition this time just to make me go back to New York and see your father and grandfather?"

"Yes, and this time it was my father who did it."

… "Love is always there, no matter how far we go. Can you please vote for me to get a smaller ticket?"

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