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The first thousand four hundred and thirty-three chapters is the only way out

Li Mu's interest in Apple shocked the top executives of Apple.

They even feel that selling apples to Buffyk, or even to the US government, is easier than selling them to Li Mu, because they can't think of any reason Li Mu would be willing to acquire Apple.

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

Although Lin Qingya is young and has very little qualifications, she is the highest person in charge of Muye Technology in the United States. If she really has the influence, Jobs is not as good as her, because behind her, the resources of the entire Muye Technology are strongly supported, just like a young general who can mobilize thousands of troops to fight on the battlefield. Compared with her, Jobs is like an experienced guerrilla captain with rich combat experience and unique tactical strategies, but his fist is far from being strong enough at the moment.

Thinking of Li Mu's arrival in the United States, Lin Qingya immediately asked Tim Cook to meet. It seems that Li Mu is really interested in Apple, and he asked the highest core management personnel like Lin Qingya to connect with this matter, which proves that he attaches great importance to this matter.

Maybe this is a sign of a bright future.

Apple summoned all senior executives from home to the company and wanted to hold an emergency meeting immediately. At the meeting, Tim Cook introduced the general situation to everyone, and then all the management representatives were on the scene and immediately voted on a question quickly.

The chairman of the board of directors said: "Everyone, those who think they should reject the acquisition offer from Muye Technology, please raise your hand. If the voting rights represented by those who raise their hands to vote exceed 60%, Tim will directly reject Lin Qingya of Muye Technology tomorrow."

Three seconds later, no one raised his hand.

The Chairman of the Board was stunned. He asked everyone present curiously: "Everyone, Li Mu is the culprit of Apple's market value plummeting and profits plummeting. Doesn't anyone think we should be more insincere on this issue?"

A member of the board of directors curled his lips and said, "Our country's navy had bombarded Japan's gates with cannons as early as 1853 under the command of General Perry. During World War II, two atomic bombs were dropped on Japan and almost blew Tokyo to flat ground. Look at the current Japanese people hate us? They even cast statues for General Perry as a commemoration!"

As he said, the board member said again: "I am very realistic. Everyone is a businessman. What we pursue is not who has hurt us before, but who can bring benefits to us in front of us and in the future. It is almost impossible for us to get out of our current dilemma by ourselves. Since this is the case, whoever pays the higher price will be my father."

Another board member laughed and said, "Jensen, you said what I want to say! We should look forward instead of backward. I don't hate Li Mu and Muye Technology at all. That's because their blow to Apple is already a thing of the past, and we really can't beat each other, and it's not unexpected to be defeated, but I hate those guys from Microsoft. They are like robbers who take advantage of the situation, vultures who eat people and don't spit bones!"

The chairman of the board said with gratitude: "I am very gratified to see everyone is so mature."

After saying that, he said seriously: "Since Li Mu wants to acquire Apple, we will actively cooperate, meet, establish projects, negotiate, and make due diligence. We actively cooperate with all the needs of Muye Technology. As long as he can give us a satisfactory offer, nothing else matters. Selling the company at the highest price as soon as possible is our most important task at the moment."

Someone asked: "How do we quote Li Mu? No matter how he quotes, we always have to give a quote and set our bottom line price at the same time."

"This is also the main reason why I asked everyone to come to the meeting." The chairman of the board said: "Our stock price has not stopped falling yet. The news that Andy Rubin joins Makino Technology to be responsible for the research and development of mango product line technology has made investors even more unfavorable. Our competitors have already crushed us, and are still persisting in improving ourselves. We have not announced any plans to the public, and we have not even given any information to the outside world that may save the situation. This makes our investors even less confident. If we continue like this, the market value will fall below 3 billion US dollars."

Someone said: "We might as well ask Li Mu for mergers and acquisitions. We use the current market value as the benchmark, and Muye Technology uses the valuation of the capital market as the benchmark. In this way, if Muye Technology acquires 90 billion and 3 billion, and Muye Technology will acquire at least 3.2% of Muye Technology's shares after the merger. We might as well fight for it tomorrow to see if it can reach 3.5-4 percentage points. After Muye Technology goes public, we hold this shares for two years, which is likely to make up for all the losses we lost in Apple, and there will even be very objective returns."

As soon as these words were said, everyone looked at him like a mentally retarded person. The chairman of the board asked him: "Tom, how old is your son this year?"

"Eight years old, what's wrong?"

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

Tom shrugged and said, "Your metaphor is inappropriate. Adopting a child is 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 to adulthood and provide him with Harvard University, then after all the money he earns in the future will be left to you after removing his personal expenses, will you?"

Tom said: "That depends on how much potential this child has. If Makino Technology wants to acquire us, it will definitely make a deep consideration of our future potential."

The chairman of the board said: "You have overlooked a problem. You only consider the future potential of the child, but you have never thought about how much it will cost to raise him to adulthood. You have even ignored the fact that the child is a disabled person. This means that you must cure his illness and provide him with food, drink, defecation, clothing, and education so that he can help you make money."

Tom spread his hands: "Li Mu has money, what he is pursuing may be..."

The chairman of the board interrupted him and said, "I haven't finished speaking. Originally, you just adopted this child and spent money to raise him to treat him. But now he needs an organ on your son to save his life. But don't worry, what he needs is not an indispensable organ, but a loss of some organs that will not affect life too much, such as a cornea, a kidney, or a liver."

"Enough!" Tom said with an ugly expression: "I just want to help everyone get the best interests, but you use my son as an analogy and say such difficult things. Isn't it too much, right?"

The chairman of the board sneered: "I'm just like your son to give you an example, you can't stand it anymore, but you hope that Li Mu will take some organs from his son to give you? Did you get kicked in your brain by a donkey? Do you think in Li Mu's style of doing things, if Tim really asks Lin Qingya for 4% of Apple shares tomorrow, what kind of reaction will Li Mu make? I guess he will give up the acquisition immediately and add another bullet to our hearts!"

Tom was a little embarrassed all of a sudden. His anger had long dissipated, and all that was left was fear.

Liguixin felt that he was the smartest in the whole world, and the others were stupid people who lacked the ability to think, and in the end they were all such people.

Other board members have thoroughly figured out the current situation of Apple through a series of metaphors just by the chairman of the board. They took it out alone and were all among the people, but when they got together, they were fascinated by the authorities. This metaphor made them see the whole picture of the entire situation from the perspective of the bystanders for the first time.

Apple is the disabled child waiting for adoption as the chairman of the board of directors. It is his greatest luck to meet someone who is willing to adopt him. If you still expect the adopter to cut off the flesh on his son and feed him, it is even more delusional than a fool.

So, this means that I hope that Muye Technology will not even think about the acquisition of Apple, because if you think too much, if you say slut, Li Mu may just say-goodbye.

There is no possibility of mergers and acquisitions, and the only possibility of the remaining one is bargaining transactions.

So, how should I quote Li Mu? I would ask for a certain premium based on the existing stock price? That is a dreamlike idea, because with Apple's current situation, let alone giving a certain premium to the existing stock price, it is impossible for Apple to sell all the shares in its hands according to its market value.

The reason why it is impossible is that as a listed company, although most of its shares are in the hands of the board of directors, some of the shares are circulated in the market. These shares are purchased by a large number of investors. In order to protect the interests of investors and the stability of the entire securities market, the capital market strictly restricts the freedom of cashing out of shareholders and executives of listed companies.

In other words, if a certain capital has 10% of Apple shares, if they want to cash out the 10% of the shares, it is definitely not as simple as selling the shares directly on the stock market. They must first disclose their share reduction in advance according to the market requirements, and follow a large amount of bloated and slow process. Finally, after a long process, they can cash out their shares little by little like squeezing toothpaste.

In this way, if Apple shareholders want to reduce their holdings, they must disclose them to the public before reducing their holdings. Once investors find that Apple shareholders are about to escape, panic will trigger a bigger selling wave. By then, the shareholders' shares have not had time to reduce their holdings, and the stock price has fallen to the end.

This means that Apple's shareholders are now deeply trapped investors, and even wanting to cash out based on market value has become an impossible task.

Therefore, if Apple shareholders want to cash out now, they will not only not be able to get cash based on their market value, but will instead sacrifice part of their interests to obtain opportunities for cash out. This is the key bargaining chip for Li Mu to suppress the price of Apple.

If Apple's market value is 3 billion and its shareholders hold 70%, then this part is US$2.1 billion based on its market value. If Li Mu controls it well, it is likely to force Apple shareholders to agree to transfer all the shares they have to him at a price of US$1.5 billion, so that he can become Apple's controlling shareholder.

However, if Li Mu wants Apple to delist from Nasdaq, he must give the market value of the circulating part of the shares to ensure the smooth progress of privatization. If Apple's circulating market value reaches US$900 million, Li Mu has to make up for their premium and then recycle all the shares from them. If the premium is 40%, it will cost an additional US$360 million.

This money seems to be the cost that Li Mu has to bear, but for Apple's board of directors, they know in their hearts that Li Mu will definitely count this part of the cost on them.

By doing this, they not only cannot get money at the stock price, but they are even far below the stock price.
Chapter completed!
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