Rebirth of Xiangjiang - 1978

Chapter 193 Far East Group

"What's this Bob Walker about?"

The next day, after Lin Daoqiu sent Zhong Chuhong to Li's, he came to Huang Xizhao's office after a long absence.

"Why is Mr. Lin interested in this person?"

Huang Xizhao felt a little strange. Bob Walker had only been in Xiangjiang for less than a week, so why did Lin Daoqiu suddenly ask about this person.

"Yesterday I met him in a western restaurant and he came over to talk to me, so I came to ask."

Huang Xizhao heard that this was the case, but he also guessed that Bob Walker would find Lin Daoqiu's head sooner or later.

After all, this time Bob Walker came to Xiangjiang for only one purpose, and that was to sell Li's.

However, according to what Bob Walker said in the past few days, he has encountered a lot of difficulties because the wealthy people don't seem to be very interested in acquiring Li's.

"Bob Walker is the chief representative sent by the head office. I guess his purpose in finding Mr. Lin is to see if you are interested in acquiring Li's."

If possible, Huang Xizhao would really like Lin Daoqiu to buy Li's, because Lin Daoqiu is not only rich, but also very talented.

If it weren't for his two TV series at that time, I'm afraid Bob Walker wouldn't dare to offer the price of 150 million now.

"If possible, I hope Mr. Lin will acquire Li's."

Huang Xizhao looked at Lin Daoqiu seriously. If Li's was really for sale, he hoped that Lin Daoqiu would buy it.

"How much do you think Li's is worth now?"

Lin Daoqiu did not directly answer Huang Xizhao's words, but asked the other party a question.

Huang Xizhao didn't even need to think about this problem, because Bob Walker would definitely stick to the price of 150 million.

"The price offered by the head office is 150 million. In the past week, Bob Walker has visited many wealthy people, but no one is willing to pay so much money to buy Li's."

Even Huang Xizhao himself didn't think that Li's could be sold at such a sky-high price now. He felt that the head office must be crazy to set such a price.

"They really dare to ask for 150 million."

Lin Daoqiu couldn't help but shook his head when he heard it. It was still very early anyway, and if someone was willing to pay this price, Lin Daoqiu wouldn't mind letting the other party take over Li's.

Because in addition to the money to buy Li's, the other party also has to inject money into the TV station, and this is a big expense.

"Actually, I have advised Bob that it is almost impossible to sell Li's at this price, and it is even more impossible in a short period of time, but he does not agree with what I said."

Bob Walker obviously didn't have enough trust in Huang Xizhao, but it might also be because the head office had already set the price and he had no right to change it.

It seems that now is not a good time to meet Bob Walker, so Lin Daoqiu plans to talk about it later.

"Beautiful ones are not easy to sell. I think Mr. Bob may have to stay in Xiangjiang for a long time."

Even if Lin Daoqiu wanted to buy Li's, I'm afraid he would have to cooperate with others instead of buying it alone, because it would be too stressful.

If you invest 200 million now, you don’t know how long it will take to earn back the money, and you will have to keep investing during this period.

Lin Daoqiu's main focus now is on movies. The special effects studio must be established as soon as possible. This alone will require burning a lot of money.

Huang Xizhao also saw that Lin Daoqiu seemed not very interested in acquiring Li, which made him feel a little disappointed.

But it's actually normal when you think about it. After all, Lin Daoqiu just bought Princess Jin, and it's not realistic for him to buy Li's at this time.

Lin Daoqiu remembered that two years later, Far East Group Chairman Qiu Degen suddenly became interested and bought half of Li's shares, preparing to fulfill his film and television dream.

At that time, Li's had been ruined by the Australian consortium, and the price would definitely not be that high. It can be said that it was a good time to buy at a low price.

…………

"Dad, do you want to buy Li's?"

At the Far East Group's board meeting, Qiu Changda was surprised to hear the news that his father had announced that he would acquire Li's.

As the eldest son, he had never heard of Qiu Degen having such an idea before.

"Bob Walker, Li's chief representative, talked to me and asked me if I was interested in acquiring Li's."

At that time, Bob Walker and Qiu Degen had even discussed the specific price, but 150 million to buy 80% of Li's shares was too expensive.

So Qiu Degen politely declined Bob Walker's proposal at that time.

But it was Bob Walker who came to visit this time, and Qiu Degen began to send people to collect Li's information.

In the past two years, Li's ratings have increased significantly, from 28% with TVB before to close to 46% now.

If Li's works harder, it might have a chance to surpass TVB and become the TV overlord in Hong Kong.

The price of 150 million is indeed a bit expensive, but Qiu Degen has already inquired. If Bob Walker cannot sell Li's in a short time, they may have to sell it to an Australian consortium at a very low price.

"Father, Far East Group has never operated a TV station before. Isn't it too risky for you to acquire Li at this time?"

Qiu Changda seems to be very resistant to the acquisition of Li, because it will occupy a lot of Far East's liquidity.

This is not just a matter of hundreds or tens of millions, but an acquisition worth hundreds of millions of dollars.

Moreover, the income of the TV station is very stable, and it is not known how long it will take to earn back the money, so Qiu Changda strongly opposes this acquisition.

"There are only two TV stations in Hong Kong now. Although it is not a monopoly business, Li's has a very good development momentum. I think now is the right time to buy it."

Qiu Degen seems to have made up his mind. The only problem now is that he can't agree on the price.

Qiu Chanda originally wanted to persuade his father, but before he could speak, Qiu Degen gave him a sharp look.

"I have already decided on this matter. There is no need to waste any more words. Changda, you should put your mind on Far East Bank."

Qiu Degen is not here to ask everyone's opinions. Since he has decided on this matter, he will definitely carry it out to the end.

Qiu Changda knew his father's temper very well, so he could only shut up.

…………

News of Far East Group's intention to acquire Li's gradually began to spread in the world.

Most people thought this was just a rumor, because Qiu Degen had never run a TV station before, even though he started in movies.

But opening a theater and opening a TV station are completely different things, so many people who know the inside story think this is just Bob Walker deliberately making remarks.

His purpose in doing this was to attract everyone's attention and make them bid, so that he could sell Li's.

But one person was frightened by the news, and this person was Lin Daoqiu.

When he heard the news for the first time, the expression on his face was completely frightened.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like