Forget it, I'm not watching anymore. The more I watch, the more upset I get.
Xing Baohua wanted to chat with someone, but seeing that the main characters were all accompanied by female companions, he patiently waited.
Those who come here are all wealthy and upper-class people.
Xing Baohua is now quite famous in the United States and has been frequently appearing in newspaper headlines recently.
Just because he doesn't seek out others doesn't mean others won't seek him out.
Several girls came over to chat him up, but he politely declined them all.
It's really not to my taste; it's like eating stinky tofu in a fancy restaurant.
After waiting for a while, Xing Baohua saw David Brun of Happy Water alone, and he quickly walked over to him.
Actually, the other party sent his female companion away because he wanted to talk to Xing Baohua.
The two men, each holding a glass of champagne, walked from the living room to the yard. David Brun was the first to ask, "Xing, how's the acquisition of the Coca-Cola stock going?"
"Not good. The number of shares in circulation is decreasing, and people seem to know it's going to surge, so they're all holding on tightly. You have to understand, this is during a stock market crash. Don't those people need the money?!"
After Xing Baohua finished speaking, David Brun burst into laughter.
The higher the stock value of a beverage company, the more money its senior managers earn.
Xing Baohua didn't know how many shares this person held, or whether he received dividends from the share pool; in any case, this decision-maker was not short of money.
"Cola owns 49% of Columbia's shares. Xing, offer a satisfactory price so I can persuade those shareholders?"
Xing Baohua did not expect the other party to give him the right to make the offer.
Of course, this price needs to be high; it can't be calculated based on the closing price of Colombian shares on that day.
In a falling market, people won't accept a closing price!
The demand came from Xing Baohua, not from Coca-Cola, which was in a hurry to sell.
The quote also needs a reference, the most direct way is to use the closing price of the Colombian stock market as a reference value.
I did a rough calculation in my head, and it came to around 3.8 billion to 4 billion. How much of a premium would be appropriate?
Even 0.1% more is in the tens of millions.
Xing Baohua's mind was racing, he was constantly calculating, and he would frown from time to time.
David Brun watched Xing Baohua consider the matter with great patience.
Xing Baohua held a cup in one hand and took out a cigarette with the other. He first let David Brune pass, and when the other shook his head, he put the cigarette in his mouth, put it back in the cigarette case, and then took out a lighter to light it for himself.
After taking a deep breath, I looked up at the starry sky.
"David, I'm a very straightforward businessman, and many people like doing business with me. I dislike back-and-forth negotiations and such. Here's the deal: a 3% premium. If it goes beyond that, I'll pass."
Honestly, Columbia Pictures isn't worth that much. It might take me a long time to break even, and a 3% premium is my bottom line. Besides, you're not the only film company; Paramount, 21st Century Fox, and Warner Bros. are also interested in selling.”
Now it was David Brun's turn to think.
Xing Baohua smoked a cigarette while occasionally taking a small sip of champagne, actually to wash away the smell of smoke in his mouth.
After about a minute or two, David Brun said to Xing Baohua, "A 3% premium is acceptable, but it has to include the Coca-Cola stock you hold. Or a flat price of five billion, that's Coca-Cola's bottom line."
"I'm paying in cash, not cash plus stock in other companies or anything like that. Cash, understand?" Xing Baohua's voice gradually rose as he spoke.
Perhaps the noise was a bit loud, because many people inside the room heard it and felt that the two were arguing about something, so they turned their heads to look.
David Brune ignored Xing Baohua's loud voice and nodded with a smile, saying, "I know. Xing, I agree in principle, but I have many shareholders behind me, and I need to give them an explanation."
"Fifty billion in new machines. As for the Coca-Cola stock, I'll keep it. Who knows, it might go up someday?" Xing Baohua suddenly said with a smile.
David Brun was speechless for a moment, and he glanced at Xing Baohua a few more times.
It seems like we've fallen into Xing Baohua's trap; even 5 billion seems like a bit too low.
This young man's psychological tactics are truly remarkable.
The initial verbal agreement has been reached, and the team will work together to finalize the details. The general direction has already been set by the two bigwigs.
At this point, everything depends on the spirit of the contract. If the two parties deny their verbal agreement from the previous night the next day, the matter will fall through.
Of course, there are costs to being cunning.
As for the Columbia Pictures minority shareholders who came to the meeting, Xing Baohua also promised them that, like with Coca-Cola, he would acquire the company at a 3% premium, and those who were willing to sell would participate in the negotiations for the transfer of Coca-Cola to Columbia Pictures.
The minority shareholders hold few shares, and a small number of them are short of funds. Taking advantage of the good price, they have indicated that they will sell.
However, most people saw that after the major shareholder changed hands, it was the legendary young man Xing Baohua.
Only a fool would sell it.
Perhaps Wall Street portrays Xing Baohua as someone who makes too much money; his series of financial operations are considered legendary.
That's how the nickname "Legendary Kid" came about.
With this wealthy patron leading everyone to riches, selling now would definitely be a regret. Who knows, under Xing Baohua's guidance, their stocks might multiply several times over!
The girls in the living room were practically beaming with envy when they heard that Xing Baohua was about to become the biggest boss of Columbia Pictures.
After discussing the important matters, Xing Baohua had no interest in staying there any longer.
After saying goodbye to everyone, he went home to rest.
The next day, he came to the company and told Huang Xingyao that they should form a group to negotiate with Coca-Cola about the details of transferring Columbia Pictures.
The framework involves a $5 billion cash acquisition of Coca-Cola's 49% stake in Columbia.
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