instant noodle richest man

Chapter 412 90% Premium

"Well, Qualcomm takes the initiative to negotiate with us?" On the second day, Jia Yapeng received a call from Harry Potter, saying that Qualcomm's board of directors hopes to talk to the foundation on the acquisition.

"If you come forward, I will be your secretary!" Boss Jia continued to use his traditional routine. Although in the eyes of foreigners, Chinese people basically look the same, Boss Jia still decided to make a simple disguise, such as giving himself a pair of thick, black and large flat glasses, so that even Jia Yapeng himself could not recognize himself when he saw it at first.

Then, Boss Jia followed Harry Potter and arrived at the board of directors of Qualcomm, and the two parties negotiated the acquisition.

The negotiation process was very smooth at the beginning. Qualcomm proposed to issue 20% of its shares and then sell it to the foundation at a price of US$6.3 per share. At this time, Qualcomm's share price basically remained at around US$4.2, which is equivalent to selling it to the foundation at a 50% premium.

"How is that possible! You dare to give a 50% premium!!" Hearing the price of the additional issuance, Harry Potter jumped up on the spot and looked at the other people on the board in disbelief.

"Mr. Harry Potter, please calm down. This is not an exaggerated price!" As the idea of ​​a 50% premium, Masayoshi Son smiled and said, "I heard that you have worked on Wall Street for more than 10 years. There are many acquisitions on Wall Street with a premium of more than 50% and there are dozens of cases every year. Why does it become unacceptable when you come to us?"

"That's because of the acquisition with a premium of more than 50%, either the company's stock price is rising steadily, or it's just a shameful black money. Now Qualcomm's stock price has dropped from $5 last year to $4.2 now, while Qualcomm's career has stagnated. So far, there is not even a product that can be taken advantage of. Why do we have to buy your shares at a premium of 50%?" Harry Potter said angrily.

"Mr. Harry Potter, don't you know that our Qualcomm stock price has risen by $0.5 recently? This is the market's recognition!" said another fund manager.

"Haha, then I'm very sorry to inform you of a message. The reason why Qualcomm's stock price rose by $0.5 is because our fund has acquired 5% of your company's current shares. In fact, we are also one of the company's shareholders, but we haven't had time to declare to your company!" Harry Potter said, "This $0.5 increase is the increase brought by our company's acquisition of Qualcomm shares. Before that, your Qualcomm shares were only $3.7!"

"So I suggest that we negotiate based on the closing price of Qualcomm the day before yesterday, which is $3.7 per share!" Harry Potter threw out a bombshell.

"I just said, why did it suddenly grow 0.5 yuan? It turns out that these guys have already taken action!"

"What a joke? It's already 4.2 now. How could I calculate it with him according to 3.7!"

The other directors were talking and suddenly glanced a few times. Then, as chairman Irving Jacob was about to speak and relax his conditions a little, Masayoshi Son suddenly stood up and said to Harry Potter, "Sorry, I think we need to modify the suggestions for a 50% premium acquisition!"

"That's right!" Harry Potter nodded. He thought Masayoshi Son would cut the price, but unexpectedly, Masayoshi Son said the next second, "We believe that a 50% premium cannot express the value of Qualcomm. The premium must reach more than 90% to fully reflect our value!!"

"What!" Harry Potter widened his eyes and looked at Masayoshi Son. Was the guy crazy?

In fact, it was not just Harry Potter, but other colleagues in the conference room also looked at Son in surprise. It was obvious that Son's temporary price increase was not as expected at all.

"Gentlemen, I think everyone must be tired. We might as well take a break and then discuss it later!" However, the negotiations had just begun. After less than ten minutes of negotiation, Masayoshi Son actually said that everyone was tired, which was obviously nonsense.

However, everyone is an old man, and soon understood Masayoshi Son's intention. He wanted to take the opportunity of rest to reunify all the directors, so the other directors cooperated and said they needed a rest, and then they went back to their respective lounges, so the negotiations had to be stopped.

"Boss, they are simply crazy. They dare to give a 90% premium. This is crazy!" Harry Potter said to Boss Jia in the lounge. In Harry Potter's eyes, this is indeed an extremely crazy thing. It is difficult for the entire Wall Street to have an acquisition of 90% premium. Moreover, the acquisitions are super companies that definitely show the temperament of a unicorn.

The acquisition case that occurred at Intel's most glorious time was only 80% premium.

The only acquisition with a premium of more than 90% was Intel's acquisition of Microsoft's shares, but that was Microsoft.

Of course, the market has fully proved the value of Intel's acquisition back then, and Microsoft's stock price has grown by more than ten times.

"That Masayoshi Sun is really amazing. It seems that he is already sure I want to take the shares of Qualcomm!" Boss Jia's expression was very calm. In the United States, a transaction with a premium of 90% is almost impossible.

But in A-shares, there are quite a lot of such things. Not to mention a 90% premium, even if you have acquired a 400% premium, Boss Jia has seen it, so it has been no longer surprising.

"Chairman, what should we do now? Do we need to continue the talk?" Harry Potter asked worriedly.

"What do you think?" Boss Jia asked back.

"I think it's difficult to continue to talk today. The opponent probably already knows our determination to acquire. They will definitely speak loudly!" Harry Potter said.

"Then let's go!" Jia Yapeng stood up and stretched and said, "Tomorrow is the 10th. I still have to rush to attend the starting ceremony. There is no need to talk today, so let's withdraw!"

——————————

"Everyone, I think this Harry Potter and the existence behind him have made up their minds to acquire our Qualcomm, so we can completely premium the price to more than 90%!" Masayoshi Son said confidently to all other shareholders.

"Why do you say that?" some directors asked with frowns.

"It's very simple, because they have secretly acquired our shares in the stock market, which means they have already set their sights on us, but they found that secretly purchasing stocks in the stock market will cause further rise in the stock price, so they stopped."

"This can fully prove that the other party has planned our attempt for a long time and is very determined. They will definitely want to buy Qualcomm, so even if we have a 90% premium, they will definitely accept it in the end!" said Son Masayoshi.

"Haha, this is just one-sided statement. If the other party stops buying and gives up the acquisition, then won't we be completely done?"

"Don't worry, I believe the other party will never give up!" Masayoshi Son smiled slightly, and then said, "I beg everyone to unite closely, and anyone will stick to this price and not let go. I hereby assure you that if the negotiations ultimately fail, then our SoftBank Group can buy the shares issued in this direction this time, and the shares in your hands can be traded at this price!"

"A premium of 30%!" Hearing Masayoshi Son's words, the directors immediately began to think. If Masayoshi Son really promised so, then this would be a really good choice.

If the US Priority Foundation really takes this price at a premium of 90%, then of course it will make a big profit. But if the negotiation fails, then according to Masayoshi Son's premium of 30%, it will not suffer any loss and can successfully obtain a large amount of funds.

Masayoshi Son's SoftBank recently made a small fortune. I heard that the total assets have reached the level of US$1 billion, and he does have the funds to take advantage of these shares of Qualcomm.

So everyone nodded and agreed to Masayoshi Son's proposal.

At this moment, a staff member suddenly walked in and whispered a few words in the ear of Chairman Irving Jacob. He immediately smiled bitterly and announced to everyone, "The people from the American First Foundation have left!"

Is this foundation really determined to eat us?

When the directors heard the news that the other party had left directly, they became worried again.

"Don't worry, everyone, their actions make me even more sure that they will definitely buy our shares!" said Son Masayoshi on the other side, with a confident look.

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