Chapter 306: Seeing each other and fighting like never seeing each other(1/2)
Chapter 306: Meeting and fighting for each other is like missing
Hastings parked his car on the side of the road in Palo Alto and was silent for a long time. Now, he could finally understand Randolph's mood that day. He just now had the urge to give Randolph's house a fire.
How could Randolph do this? He believed that what he did to Randolph only involved Randolph personally, but what Randolph did was aimed at the entire company.
However, he was tougher than Randolph, leaning against the side of the car and smoking two cigarettes, he called the secretary, "Turn off all my arrangements today, and book me a flight ticket to Montreal as soon as possible,"
Canadian Imperial Commercial Bank Asset Management Company is one of the major shareholders of Netflix's institutional shareholders. He will not just watch the shares they hold are transferred to Feng Yiping.
This hole must not be opened!
He and Luke also meet and communicate every year, and he is convinced that he should be able to influence his decisions and turn things in a direction that is beneficial to him.
…………
This lunch in Montreal is naturally also a working meal, but the funny Amanda makes the lunch atmosphere much easier.
"Luke, Wiggins," Feng Yiping expressed his opinion while tasting the local specialty ice wine. "I will not participate in the specific negotiations. You will talk to Cummins. I will only make one request. Considering the multiple benefits that the group can enjoy from this cooperation, I hope that the price of this transfer agreement will be more pragmatic."
With his current status, he will definitely not end up bargaining with others in person. Besides, there is no need for him to show off even if he is a professional person like Cummins.
This is what you usually do, showing your attitude and general direction.
"We do look forward to and welcome the possible cooperation that may be brought about after this cooperation," Luke said. "But Feng, you have to be clear about one thing. Transferring shares can be said to be the basis of subsequent cooperation. If this foundation is not solid, there is no way to talk about the subsequent ones.
"No, this shouldn't be true," Feng Yiping smiled and wiped his mouth with a napkin, "At the same time, I think, I'm afraid Wiggins doesn't like your statement.
It can be said now that no bank can reject it. He believes that Royal Canadian Business learned that it was interested in asking for a loan, and no one would still remain opposed at this time.
Even if they did not acquire the shares of Netflix they held, they were just interested in financing, Royal Commercial Bank would definitely welcome them.
Unexpectedly, Huggins actually said, "This, I respect Luke's opinion,"
This is the strategy they set when they returned to the company before.
Although they drooled when they saw these temptations brought by Feng Yiping, the transfer price was raised by 15% or 20%, or more on the basis of the average stock price in the past twenty days, and the income was really vague.
Besides, the more you are prepared to make concessions, the more you have to be careful, otherwise, it may be like going from retreat to retreat.
Feng Yiping still wants to create some convenience for Cummins and their team. "I hope this is a comprehensive cooperation agreement, not only our acquisition of shares, but also our financing agreement," he said.
"So, I hope to combine the relevant income to view the two agreements together. This is a major premise,"
"Feng, don't worry, we know this very well, our President, Mr. John Henkin, enthusiastically hopes that you can visit our Toronto headquarters," Wiggins changed the subject.
"There will be a chance," said Feng Yiping. "I have passed your headquarters once recently. The gorgeous and elegant building of your headquarters is impressive. It was not their introduction, but I thought it was a church."
The headquarters of their bank can be said to be one of Toronto's landmark buildings. It has also been passed down for more than a century. What is unique is that there are 16 statues of gods in this building. Some people say that it is the patron saint of Toronto.
Feng Yiping only saw one. At the magnificent entrance of the building, he saw the bankers' god, the mercury god.
Feng Yiping now has such a skill. A few simple words will always touch the other person's itchy flesh. The headquarters building is indeed a pride of Imperial Commercial Bank. Even a person like Wiggins, now when Feng Yiping mentioned it, he immediately felt very honored. "I look forward to having an opportunity to take you to visit our headquarters building as a guide."
"There will be," said Feng Yiping. "Here, I would like to mention some other words. Our nextdoor, in the United States, has now covered various communities, and our promotion in Canada is also in full swing,"
"We all know that your bank has many outlets, so can we send someone to recommend your bank employees online? Of course, there is no intention of compulsory,"
"This is not a problem at all. Our family is already a member of Nextdoor. We are very happy to recommend such a website that is very beneficial to our daily life to our colleagues."
Wiggins is naturally not a dry meal, so it is impossible for him to have no knowledge of Feng Yiping's nextdoor.
"Thank you," Feng Yiping raised his glass, "and wishes our agreement to be reached as soon as possible, thank you all,"
He set a general direction, and the specific terms were of course led by Cummins to discuss. As for his main arrangement in the afternoon, it was quite hard, and he took his baby daughter to see the snow.
Really, for a person who is very afraid of the cold, it isn't it?
…………
Hastings looked at the snowflakes flying all over the sky, but he had no intention of yearning or loving.
Although it is said that the Montreal City Government spends as much as 50 million Canadian dollars on shoveling snow every year, they were congested for half an hour shortly after entering the city center due to a traffic accident caused by a slippage.
In fact, he is not in a hurry now. It took him more than six hours to fly over from Silicon Valley. It is already evening. Those who should get off work have already gotten off work. What should be discussed in the afternoon has been agreed, and it is useless to be anxious.
He was not worried that the two parties would reach an agreement this afternoon. After all, this was a transaction involving at least hundreds of millions of dollars and it was not so quickly finalized.
Of course, all kinds of discomforts are certain.
Randolph slashed hard behind the scenes; Luke, who was swearing to support him when he was on the phone not long ago, did so in a very good manner; on the way here, the poor service of the airline, and why can't I have my own business plane like Feng Yiping?
This bad road conditions; and how could Luke not answer his phone?
He called again despite the fact that it was already past nine o'clock in the evening, but there was still a monotonous sound over there. After thinking about it, he did not leave a message to Luke, saying that he had arrived in Montreal.
"Can you hurry up? Is there any other way?" He couldn't help but urge the taxi driver.
After Randolph said it many times, he also felt that his personality has indeed been a bit problematic recently, such as impatience, irritability, and deep-seated reasons, and he was unwilling to think about it.
Because when you think deeper, you are in such a situation where you are powerless.
However, he forgot for a moment that this place was only a small size than Paris, the second largest French-speaking city in the world. The black guy who was driving spread his hands and pointed to the steering wheel, "Come on?"
Hastings is furious!
However, there is indeed a problem with his temper. He thought to himself, why are taxi drivers angry now?
…………
At 9:30 the next morning, at the conference room of the Canadian Imperial Commercial Bank Asset Management Company, Cummins and Luke each led a team of troops to separate them on both sides, each with a latest version of the agreement. "The seventh item, we have no problem," Cummins said.
"We have no problem," Randolph glanced at the staff on his side and said.
When they pass each item, it will be the time to sign the agreement.
Suddenly, outside the conference room, someone was yelling, "Why can't I go in?"
Luke frowned and said to one of his subordinates, "Go and have a look,"
He saw Cummins opposite him seemingly listening intently, "What's wrong?"
"It's not him!" Cummins said as soon as he heard a sound from the door, "It's true that they are all there!"
Luke looked up and saw who wasn't him? Hastings, who was standing at the door, nodded, and looked at the people on both sides of the conference table, as if he wanted to engrave everyone present in his mind.
"Hastings, why are you here?" Luke stood up quickly.
His subordinate who was easily pushed aside by Hastings said, "Mr. Hastings broke straight in,"
Hastings really made a big fuss.
After graduating from college, he ran to Africa for a while. He was alone, carrying only ten dollars on his body, and safely crossed the entire African continent.
For most people, even if they bring enough money, they will not be able to cross Africa safely. At least they must have the strength to do this.
In addition, he is so tall, how can these employees in the office who are running on the gym treadmills to stop him?
"Harry, take Mr. Hastings to my office, Hastings, you see, we're negotiating an important agreement," Luke said.
"Of course," Hastings said, "this is an agreement that concerns the fate of my company. Luke, I'm very curious about what the offer is that it can make you ignore our cooperation for many years."
Although everyone had already put the draft of the agreement in his bag and put it on his body, facing Hastings, who had no choice but to disregard etiquette at this time, he stood up and grabbed two copies.
"Hastings, this is our confidential business document," Luke, as the host, was a little angry at this time. He had never seen such a disobedient person.
Cummins breathed a sigh of relief. Hastings was so disobedient and so panicked, which was naturally a good thing for him and nextdoor, just as long as he was panicked!
Hastings turned a deaf ear to Luke's words and glanced at the most critical items in the agreement. He was stunned, "only 14 points higher than the average stock price,"
He became more and more angry, "Luke, are you so unfair to Netflix?"
In similar mergers and acquisitions, the transfer price usually jumps at a basis of 15% higher than the average stock price. As a result, they only added 14 points, which can be called a jump price.
If you are so anxious to take it off, you are so dissatisfied with Netflix.
"I won't introduce it, probably you know, who are you?" he said to Cummins.
"Cummins, currently in charge of the merger and acquisition business," Cummins smiled and handed over a business card.
"So, Luke, Cummins, I'll add 18 points," Hastings slapped the deal on the table with a "slap".
"18 points, and I want to remind you that Luke, as a shareholder, I have the right to take the lead,"
"No, Hastings," Luke shook his head, "The agreement you see is just one of our series of cooperation agreements, so it is at the level of 14 points. If it is just a simple acquisition, then 18 points are not our ideal price,"
Luke took back the two agreements from him.
"A series of cooperation agreements?"
"Right, a series," Luke said.
Cummins spoke with a smile, "Mr. Hastings, then, how do you plan to pay this money?"
"How do you guys?"
"All the cash," Cummins shook his hand calmly.
"Then I..., too."
He didn't say what Hastings said later. According to his offer, the shares of more than 7:00 have exceeded 200 million US dollars. He or Netflix now cannot take them out.
"I'll have all the cash, too," he said gritting his teeth.
Otherwise, what can we do? They all have to sell the shares in their hands. Could you give him a portion of the same stock? Then should he sell or buy it?
To be continued...