Chapter 1417: tough

Yin Jun did not tell Robert Iger that the negotiation with ABC was not so smooth.
This is not to say that abc's major shareholders and the board of directors do not agree to the acquisition. Companies in North America have no resistance to the company's acquisition, but the conditions they offer are a bit high.
According to their asking price, Kirin Group will spend a full $ 4 billion to acquire all the shares and then delist and privatize it.
At present, Kirin Group still has a US $ 2.5 billion loan amount from HSBC Bank. In addition, Japan ’s Sumitomo Bank ’s first batch of US $ 1 billion loan amount is still close to US $ 400 million.
The other is Kirin Group ’s own cash flow of 7 billion Hong Kong dollars, which is almost 1 billion US dollars.
It seems to be just right.
Take it out and you can buy the entire abc and get the TV network that Yin Jun dreams of, thus turning Disney TV channels into a huge TV platform covering the entire United States.
If such a platform is really built so quickly, it is definitely a huge benefit for Disney and the North American branch of Kirin Group, which can make Yin Jun's dream take another step forward.
A big step.
But from a purely acquisition perspective, this must not be the case for doing business.
Purchasing your own acquisitions in this way is definitely the most stupid, and it is very dangerous. It is to expose your own weaknesses to the giants who are watching!
First of all, the $ 400 million of Sumitomo Bank, this capital Yin Jun is already useful.
That is the more important right of land exchange.
Li Zhaoji has already negotiated with Yin Jun, and will begin to purchase a large amount of land exchange rights for Class B in July. Not only will Yin Jun have to come up with the US $ 400 million, he will have to prepare more.
Maybe in the end, the entire scale of the acquisition will reach 1 billion US dollars, or even more.
Just like Li Chaoren used Xiangjiang as his base, Yin Jun also regarded Hong Kong as one of his dual bases.
The second land exchange right is one of the important links in the development of the Xiangjiang industry, and the ranking is definitely the top three.
With the second-class land exchange rights, he can own so many land assets, and Yin Jun ’s foundation in Xiangjiang can be intensified, which can bring huge support to the film and television industry. Care about the production cost of millions, ten or twenty million.
Then, the 7 billion Hong Kong dollars in Yin Jun's hands did not dare to use them.
If it is known that the Kirin Group has become an empty shell, it is impossible to say how many people will start the Kirin Group.
There are more ways to get started, and it will not fail because of the good operating conditions of the Kirin Group.
The financial market began with the Dutch tulip hype more than 400 years ago. It has had so many years of history, thousands of cases, and countless elites.
Can not underestimate the strength of these people, they dare to count even one country, how dare you count the Kirin Group in your area?
You know, the financial crocodiles who want to devour such a big piece of fat of Kirin Group are not one or two.
Yes!
Kirin Group is not a listed company. Even if the situation is worse, the foundations of Kirin Group's Xiangjiang and the Mainland will definitely be there.
But if they are seized by the opportunity and severely suppressed for a while, I am afraid that they will be hurt.
Not to mention, all the sites that have been laid down overseas in recent years will be lost.
What Yin Jun spent so much energy to do, once it is destroyed now, and then want to build it again, I am afraid it is not a problem that can be solved by money and time.
First and foremost, Disney and Lianyi Film Company can't keep it, and once they are lost, Yin Jun should never want to buy it again.
This is definitely a huge blow to Yin Jun's wish to export to the world!
So Yin Jun didn't even think about the 7 billion Hong Kong dollar.
Moreover, of these 7 billion, more than 5.5 billion Hong Kong dollars are still placed in Xiangjiang Commercial Bank. With the current financial situation, the money is also not dare to move.
If you move, Xiangjiang Commercial Bank will probably thrash the street.
After all, now they all rely on Yin Jun's credibility and strong strength.
If Yin Jun withdrew all the funds, does this mean that Yin Jun has no confidence in Xiangjiang Commercial Bank?
Since he cannot use the cash flow of 7 billion Hong Kong dollars in his hand, Yin Jun can only choose to use the loans from the two banks.
The teenager understood that if he wanted to borrow money, let alone say that Goldman Sachs would definitely lend him, and Sumitomo Bank would be so willing to lend him.
Borrowing money blindly is not a good way.
Yin Jun was not afraid that he owed too much debt, but worried that if borrowing money became a habit, he might become dependent on it in the future.
Bankers, but they are no softer than Wall Street's financial predators!
However, although Koloti personally went out to negotiate with ABC's major shareholders and the board of directors, their asking price has never been less.
They bite the overall purchase price and refused to let go.
Because everyone knows that if Disney wants to continue to develop, a strong TV news network is essential.
Abc with good cooperation with them is the best choice.
If they start from scratch, they will definitely spend more energy, which is far better than this ready-made.
For this matter, Koloti persuaded Yin Jun not to worry, wait to see, negotiate slowly, and see if there is any change.
Yin Jun thought the same way.
Do n’t worry about buying things. The more you want something, the less you can see it, otherwise a big pit is waiting for you to jump.
That is to say, it is impossible to buy stocks from the stock market, and it is easy to cause the stock price to skyrocket, otherwise Yin Jun is willing to collect some stocks on the stock market first.
Now think about it, the growth of a group company must be after swallowing up and down.
If the previous Disney Group had not acquired most of the businesses of ABC, Pixar, Marvel Pictures, Lucasfilm, and 20th Century Fox, they would definitely not be the world's largest entertainment group.
It's not just entertainment companies, so is tech Internet companies.
Take Alibaba and Penguin in the mainland of China for example. Two or three dozen companies have been annexed by them to create a complete ecological chain, making them a behemoth that others cannot catch up with.
Even Apple.
Beats and Textrue started to buy Joe's next company from 1996. By the end of 2017, they had acquired 100 companies, setting a world record for acquiring companies!
Therefore, they can become the world's largest company by market value, and the value is much higher than that of GE and other giants.
This is the gap between modern technology and traditional industry, and it is a kind of value that an emerging industry will inevitably produce.
However, acquisitions are different from acquisitions.
Some companies are acquired to strengthen themselves, and some are acquired for acquisition.
Yin Jun will definitely learn from those good companies, and will certainly not touch some companies that are not worth having at all.
At most, it is to invest in some stocks in order to make money.
For example, Cisco more than ten years later, such as Nortel.
On the Xiangjiang side, Yin Jun will buy some good real estate company stocks.
Some real estate that can be used to add value, such as the Mid-level Villa, etc., Yin Jun will also take advantage of the bargain and sell most of it when the price is high.
This is the difference between Yin Jun's investment and acquisition.
Of course, Krautti is not just running abc, he also brought a cooperation proposal to Yin Jun.
It was about another telegraph and telephone company he negotiated with Yin Jun.
The proposal for cooperation is a mobile phone.
Motorola started testing and trial operation of mobile phones in Chicago in March this year, not much later than Xiangjiang Telephone.
In order to prevent the tail from falling, Motorola chose not to be a super giant like American Telegraph and Telephone, but to choose a small-scale regional communications operator.
But this does not mean that the major giants have not paid serious attention.
Several American telecommunications giants, including American Telegraph and Telephone, photographed professionals to observe and do various assessments.
The American Telegraph and Telephone concluded that cellular mobile phones have a very promising future, especially for business people.
They advised the company to follow up quickly.
However, although American Telegraph and Telephone Company is a giant in the communications field, Motorola is not bad. They still have a deep background. When they have mastered mobile phone patents and are already in commercial use, who do they care about? No one is good!
So the negotiations between the two parties were not smooth.
Motorola did not do anything, they just said, wait for the specific effect to come out.
Then Motorola will not accept the cooperation method of providing only mobile phones. They only accept the profit sharing model. To directly enter the overall operation, they must also share in the cost of the call.
mmp!
If all of you are involved, what are we going to do?
The American Telegraph and Telephone Company can only be temporarily defeated.
It just so happened that they knew at this time that there was also a small company in Xiangjiang who was also making mobile phones and had purchased enough related patents to sell the mobile phones freely.
Moreover, people have to operate mobile phones one step ahead of Motorola. In the small place of Xiangjiang, mobile phones have become a new favorite of people. Tens of thousands of users are using it, and the effect is very good.
So American Telegraph and Telephone Company sent the previous batch of professionals to Xiangjiang for a specific inspection.
After half a month of use and evaluation, professionals have come to a decisive conclusion that "Kirin phones have a performance improvement of more than 30% compared to Motorola phones."
The price of the Kirin mobile phone is not expensive. The external price is only 8888 Hong Kong dollars, which is only less than 1300 US dollars, and the price of Motorola's mobile phone should be 3995 US dollars!
The price difference is almost more than 2 times!
In terms of mobile phone operation, American Telegraph and Telephone Company has already had a specific deduction and calculation.
Establishing signal base stations has always been their specialty. Thousands of base stations in the United States belong to the American Telegraph and Telephone Company. The annual R & D investment is more than hundreds of millions of dollars. Motorola can't beat them.
As long as the signal base station of the wired telephone in the hand is modified, wireless telephone communication can be achieved.
Even if the existing patents and technology are not enough, they are sure to get the technology from other places. No patent company is willing to offend a giant such as the American Telegraph and Telephone Company, unless they do not want to do communications business in the United States.
Only giants like Motorola can ignore them, but in terms of wireless communication, Motorola's technology is not unique.
Therefore, American Telegraph and Telephone Company is ready to contact the Kirin Group.
It happened that they also found that Kirin Group is preparing to buy Bell Labs, and the two parties are actively negotiating.
This is a bit interesting.
The two sides have been in contact for a long time, and both have a certain understanding, so is there not an opportunity for cooperation?
So Corauti acted as an intermediary, conveying the intention of the American Telegraph and Telephone Company to Yin Jun.
"The contract is tentatively scheduled for five years, and it guarantees that no less than 1 million mobile phones will be purchased every year, but the price can only be paid to 500 US dollars?" Yin Jun laughed at this condition, "You go tell them, our Kirin Group has not With the intention of outward development, Motorola is the best choice if they want to make a mobile phone business. "
"Very good, don't say that, Junshao, the condition is to talk about it!" Koloti also smiled. "I think they still want to cooperate, and the number is very large. It should be considered but the price is certain. No, what do you think of the same shipping price as Xiangjiang? "
"No."
Yin Jun refused to think about it, "Tell them that if they want to buy a mobile phone, the FOB price from Xiangjiang is US $ 3,000, one cent less."
"What !?" Koloti was frightened and asked Yin Jun in horror: "You are so much more expensive than selling in Xiangjiang? Why? They bought in large quantities!"
"I am still in huge losses on Xiangjiang. You bought me so many patents. How much did you spend? Don't you forget? Shouldn't the cost of hundreds of millions of dollars be included in the cost? That's how it works! "Yin Jun sneered." They're good, they want to buy some machine manufacturing costs, and they want to buy them. Who will find my royalties? "
Kolotti was speechless.
He couldn't say that Yin Jun was wrong, because Yin Jun did spend a huge sum of 200 million US dollars to buy patents, and he still keeps buying.
Adding patents and other expenses to the price of a single product is also a normal business rule.
But Yin Jun's price increase ~ EbookFREE.me ~ is too fierce.
Compared to American Telegraph and Telephone, the price is 5 times higher!
The gap between the two sides is so big, God knows whether they can cooperate successfully.
This also blames American Telegraph and Telephone Company.
Without even asking who Yin Jun is, if he feels that he is a big customer, he can arbitrarily lower the price?
Although Yin Jun is gentle, he has never been bullied. You will only make Yin Jun tougher! 8)
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