Rebirth in a Perfect Era Chapter 1433: Sales are the only way out


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Li Mu's interest in Apple shocked the senior Apple.

They even think that it is easier to sell Apple to Bafiq, or even to the US government, than to Li Mu, because they ca n’t think of any reason why Li Mu would be willing to buy Apple.

But Lin Qingya clearly conveyed Li Mu's interest in Apple in a phone call with Tim Cook, and Lin Qingya took the initiative to interview Tim Cook, so this will never be a joke.

Lin Qingya although is young and her qualifications are very shallow, but she is the highest person in charge of Muye Science and Technology in the United States. If the truth theory is influential, Jobs ca n’t compare with her, because she has the entire Muye Science and Technology resources behind her to provide strong support, just like a Compared with her, the young general who mobilized thousands of troops to fight in the battlefield, Jobs is like an experienced guerrilla team leader, with rich combat experience and very unique tactical strategy, but the fist is far from being hard enough at the moment.

After Lenovo | mental association to Li Mu just arrived in the US, Lin Qingya immediately met Tim Cook. It seems that Li Mu is really interested in Apple, and he let top core management personnel like Lin Qingya come to this matter. , Proving that he attached great importance to this matter.

Maybe this is a sign of another village.

Apple summoned all high-level executives from home to the company, and immediately called an emergency meeting. At the meeting, Tim Cook briefed everyone on the general situation, and then the management representatives were on the spot and immediately proceeded on a problem. Quick vote.

The chairman of the board of directors said: "Those who think that they should reject the Muye Science and Technology takeover offer, please raise your hands. If the votes represented by those who raised their hands exceed 60%, Tim will directly reject Lin Qingya of Muye Science and Technology tomorrow."

After three seconds, no one raised his hand.

The chairman of the board of directors is a little dumbfounded. He asked all the people present with curiosity: "Everyone, Li Mu is the culprit of Apple's market value plunge and profit plunge. Doesn't anyone think that we should be more emboldened on this issue ? "

A member of the board of directors whispered: "Our country ’s navy opened the gates of Japan with artillery under the command of General Perry as early as 1853. It also dropped two atomic bombs on Japan during World War II. It almost blew Tokyo to the ground. Do you see the current Japanese hate us? They even cast statues for General Perry as a memorial! "

As he said, the board member said: "I am very realistic. Everyone is a businessman. We are not pursuing anyone who has hurt us before, but who can bring us benefits in front of us and in the future. , Our current predicament, it is almost impossible to come out on our own. In this case, whoever pays the highest price will be my father. "

The other board member laughed and said, "Jensen, you said what I wanted to say! We want to look forward instead of backward. I do n’t hate Li Mu and Muye Science and Technology at all, because they The attack on Apple is already in the past, and we are indeed no match for the other party, and it is not unexpected to be defeated, but I hate the Microsoft guys, they are like robbers who take advantage of the fire Bone vulture! "

The chairman of the board of directors said with relief: "I am very pleased to see that everyone is so mature."

Finally, he said right again: "Since Li Mu wants to acquire Apple, then we will actively cooperate, meet, establish projects, negotiate, and make adjustments. We will actively cooperate with all the needs of Muye Science and Technology, as long as he can give us a satisfactory quotation , Nothing else, it is our most important task to sell the company at the highest price as soon as possible. "

Someone asked: "How do we quote Li Mu? No matter how he reports, we always give a quote and set a price for our bottom line."

“This is also the main reason why I let everyone come to the meeting.” The chairman of the board of directors said: “Our share price has not stopped falling yet. Andy Rubin joined Muye Science and Technology to be responsible for the development of Mango product line technology. We are even less optimistic, our competitors have already crushed us, and we are still continuing to improve ourselves, and we have not announced any plans to the outside world, or even given the outside world any information that may save the situation. This has made our investors even less confident. If this continues, the market value will fall below 3 billion. USD is just around the corner. "

Someone said: "We might as well ask Li Mu for mergers and acquisitions, we use the current market value as the benchmark, and Muye Science and Technology is based on the capital market valuation as the benchmark. In this case, if Muye Science and Technology90 billion, we are 3 billion, and the acquisition of Muye Science and Technology, at least After accounting for 3.2% of the shares in Muye Science and Technology after the merger and acquisition, we might as well fight tomorrow to see if we can achieve 3.5-4 percentage points, so that after the Muye Science and Technology is listed, we hold this share for two years, it is likely to put us in Apple All the losses from the body are made up, and even there will be very objective gains. "

As soon as this word came out, everyone looked at him with the same mental retardation as looks at. The chairman of the board asked him, "How old is your son, Tom?"

"Eight years old, what's wrong?"

"Are you interested in adopting a child? This child has a certain disability."

Tom shrugged his shoulders and said: "Your analogy is not appropriate. Adopting a child is a pure effort. Acquiring a company is to bring profits in the future."

"OK." The chairman of the board nodded and asked him again: "If you adopt this disabled child and raise him as an adult for Harvard university, all future money he earns after removing his personal expenses , The rest is yours, are you willing? "

Tom said: "It depends on how much potential this kid has. If Muye Science and Technology wants to buy us, it will definitely take an in-depth consideration of our future potential."

The chairman of the board of directors said: "You overlooked an issue. You only considered the future potential of this child, but you never thought about how much it would cost to raise him to an adult. You even ignored this child as a disabled person. The fact that this means that you have to cure his illness, and then provide him with food, drink, clothing and education, before he can help you make money. "

Tom spreads his hands: "Li Mu has money, what he is after ..."

The chairman of the board of directors interrupted him and said: "I haven't finished yet. Originally you just adopted this child and spent money to raise him to treat him, but now he needs an organ from your son to save him His life, but you can rest assured that what he needs is not an indispensable organ, but an organ that does not lose a part of life, such as a cornea, a kidney, or a liver. "

"Enough!" Tom said uglyly: "I just want to help everyone get the most benefit, but you take my son as an analogy, and say so hard to in your ears, is it too much?"

The chairman of the board of directors sneered and said: "I just made an analogy to your son, you can't stand it, but you want Li Mu to take a part of his organ from his son to give you? Is your brain kicked by a donkey? What do you think of the Li Mu's acting style, if Tim really asks Lin Qingya for a 4% share of Apple tomorrow, what kind of response will Li Mu make? I guess he will immediately give up the acquisition and make another one to our heart Bullets! "

Tom was a little embarrassed all at once. The anger just disappeared long ago, and the rest was just fear.

Li Yuxin feels that he is the smartest person in the world, and everyone else is a silly X who lacks the ability to think, and ultimately it is all such people.

The other members of the board of directors thoroughly understood the current situation of Apple through a series of metaphors just by the chairman of the board of directors. They took out all of them, and they were all among the people. Let them stand in the perspective of bystanders and see the whole picture of the whole situation.

Apple is the disabled child in the mouth of the chairman of the board of directors who is waiting for adoption. It is his greatest luck to have the chance to meet someone who is willing to adopt him. Still delusional.

So, this means that it ’s best not to think about the Muye Science and Technology acquisition of the Apple, because if you think about it, if you are bald, Li Mu may be directly Say-Goodbye.

M & A is not possible, the only remaining one is bargaining.

So, how to make a quote with Li Mu? Need a certain premium based on the existing stock price? It was a dream-like idea, because in the current situation of Apple, not to mention giving a certain premium to the existing stock price, even if Apple wants to sell all the shares in the hand according to the market value, it is impossible.

It is not possible because Apple is a listed company. although has most of its shares in the hands of the board of directors, but some of the shares are in circulation in the market. These shares are purchased by a large number of investors. The capital market is to protect investment The interests of investors and the stability of the entire securities market have severely restricted the freedom of liquidation of shareholders and executives of listed companies.

That is to say, if a certain capital has 10% of Apple shares, if they want to cash out the 10% in cash, it is not as simple as selling the stock directly on the stock market, they must first follow the market requirements, Disclosure of shareholding reduction in advance, and a lot of bloated and slow process, and finally after a long process, in order to squeeze toothpaste, a little cash out of shares.

In this way, if Apple shareholders want to reduce their shareholdings, they must first disclose to the public before reducing the shareholdings. Once investors find that Apple shareholders are going to run away, panic will trigger a greater sell-off and the shareholders ’shares will not have time to reduce their holdings. , The stock price has fallen to the end.

This means that the shareholders of Apple are now deeply entangled investors, and even wanting to cash out by market value has become an impossible task.

So, if the shareholders of Apple want to cash out now, not only can they not get cash according to the market value, but to sacrifice some of the benefits to obtain the opportunity to cash out, this is the key bargaining chip for Li Mu to price Apple.

If the market value of Apple is 3 billion, and the shareholders hold 70% of the shares, then this part is calculated according to the market value of 2.1 billion USD. If the Li Mu rhythm is well controlled, it may force Apple shareholders to agree to transfer at a price of 1.5 billion USD Give him all the shares in his hand, let him become the controlling shareholder of Apple.

However, if Li Mu wants to delist Apple from NASDAQ, it is necessary to give the market value of the shares of the circulation part a premium space to ensure the smooth progress of privatization. If the market value of Apple reaches 900 million USD, then Li Mu You have to make up for their premium, and then recover the stock from them. If the premium is 40%, it will cost 360 million USD.

The money seems to be the cost of Li Mu, but for the Apple board of directors, they know that Li Mu will definitely count this part of their costs.

In this way, it is not only impossible for them to get money according to the stock price, but even lower than the stock price.

And since no one else is interested in Apple now, the senior executives of Apple are aware of a serious problem: If you want to cash out dozens of stops, cheap selling is the only way out for Apple!


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