Rebirth of the 92 Business Tycoon

Vol 5 Chapter 35: Next step plan

"Feng, you still don't want to be interviewed?"

"Now at this sensitive time, forget it. Isn't the public relations company the same opinion?"

Although there are no strict requirements like keeping silent when listing, the relevant US agencies also have very strict requirements for the disclosure of information during the company's mergers and acquisitions.

"Before we finally succeed, we better keep a low profile,"

Although the progress seems gratifying, although the external companies hired are very optimistic about the ongoing approvals, Feng Yiping, as the leader, has never dared to take it lightly.

This will be a big publicity, and it is very likely to inspire some people and companies who didn't care about Coin Star. Oh, it turns out to be a company with such a good prospect?

Maybe it leads to a third party.

That was really shooting himself in the foot.

Although in the merger agreement, regarding the certainty of the transaction and the withdrawal plan in the event of a major unfavorable event, the legal counsel headed by Baker McKenzie & Co. has included many favorable terms for Feng Yiping.

For example, both parties have made a Non-Solicitation (non-active solicitation) commitment, that is, either party shall not actively solicit any third party and conclude other transactions different from the merger transaction of the two parties.

Not actively soliciting commitments is an important guarantee for guaranteeing transaction certainty.

However, for Coinstar, if there is a higher offer before the final approval, from the perspective of the Fiduciary duty (fiduciary duty) of the Board of Directors of Coinstar, they are obliged to conclude a transaction with the higher bidder.

The "Fiduciaryout" (fiduciary responsibility export) clause has become a necessary clause for listed companies. In the merger agreement, Coinstar has required the export of fiduciary responsibility.

From the point of view of NEXTDOOR, if other transactions of the entrusted responsibility export are reached, he has the right to ask Coin Star to compensate US$30 million in cash.

But even if it was a compensation of 300 million US dollars, Feng Yiping would still not agree, because this acquisition was the beginning of his own series of arrangements, and it was the key to the success of his vision. He could not accept the result of failure at all.

"When I invited some well-known media friends over, I made some promises to them," Buchanan said.

"Explain to them that similar interviews will be arranged later. This time, we will even be in debt,"

"Since you are not willing, from the overall picture, it may affect the approval, then I respect your opinion. As for the reporters, I will fix it."

"Thank you,"

"But Feng, I won't reluctantly this time, but after the successful completion of this acquisition, can you go to the last talk show?"

"Haha," Feng Yiping simply put down his work and looked at Buchanan, "This is your purpose, right?"

"Yes, this is my purpose," Buchanan did not shy away. "Didn't you always insist and advocate to integrate all the resources that can be integrated to serve the company? I think that when it comes to publicizing the company, you are The highest quality resources,"

Originally, he didn't have to work so hard, but who would call his boss a Chinese?

Before he became famous, he gave lectures everywhere, from Ivy League universities, to corporate clubs, to some industry associations, and even some companies.

But after his popularity in the United States grew, the young Feng Yiping, like other Chinese people Buchanan knew, the more successful and the more famous he became, the less he liked to appear in public.

But this is in the United States.

The United States is a country that respects individualism and worships heroes. Why not take advantage of such good conditions?

"Well, I promise you, but Buchanan, you can tell me directly about similar things in the future, and I can still listen to your opinions."

"Okay, I must correct it too," Buchanan agreed readily.

But he knew that such a habit should be difficult to change.

As an aide to a big figure before, Buchanan allows people to accept his opinions. He has always been more euphemistic, pursuing an effect similar to moisturizing things, and he said that this is not his style of acting.

"You are busy, I will contact those column groups,"

"Wait, don't worry," Feng Yiping carefully closed the door tightly. "Now, the follow-up work is about to start," he said in a low voice, "have you been in contact with McDonald's senior management?"

"McDonald's?" Buchanan thought for a moment. "It's a coincidence. Old Jim, who was in danger at the end of last year, we had dealt with more than once before."

Once a symbol of the United States and American culture, the fast food giant McDonald's, these two years are really sad. Since 1998, the company's stock price has shrunk by an astonishing 70%, and the stock market value has lost nearly 20 billion US dollars!

In the fourth quarter of last year, in the 37 years since it went public, this fast food giant has made a historic loss! Suddenly fell through the glasses.

Finally, on December 5 last year, former CEO Jack Greenberg was forced to resign under internal and external pressure, and McDonald’s immediately appointed Jim Cantalupo as the company’s chairman and CEO.

The retired Cantalupo can be regarded as a veteran of McDonald’s. He joined McDonald’s in 1974, served as vice president of the company in 1975, was in charge of the company’s overseas business in 1987, and served as president and chief executive officer in 1991. Highly prestigious, he retired in early 2002 and was ordered in danger last year.

"Very good," Feng Yiping felt that this was a good omen. It was really luck that everything turned to himself.

"You will establish contact with him in the near future. When appropriate, it is best to visit him in Chicago once to consolidate and enhance your friendship and introduce our company to him in due course."

"What is the purpose of doing this?"

"We will have two things to do when the M&A of CoinStar is completed. Merbach will lead the original team to negotiate with more friends and businessmen to promote the new business model."

"The other thing is related to McDonald's, and it is the most critical part of our next plan," Feng Yiping bought Guanzi.

"The most critical link?" Buchanan frowned and thought for a while, and suddenly shouted, "Boss, you are not going to buy McDonald's next!"

Feng Yiping, "...,"

"I am grateful for your confidence in me,"

…………

The three of Jin Ling, naturally, could not stay in the United States until the merger finally settled. The day after the news was announced, they embarked on the journey back to China.

On the way to the airport, Feng Yiping was a little unaccustomed to Jin Ling's chatter, "I said, when did you learn such a mother-in-law?"

"Yiping, how do you talk?" Huang Jingping groaned, "Sister Jin, don't care about him, he sometimes just has a little door on his lips."

"I don't care about him in general," Jin Ling said, "Don't think that you are young and in good health, and you can just leave it alone. Like you are now, you don't have a day off, and often in the middle of the night or early morning. I don’t think it will take a few years to deal with urgent domestic work, and you will decline before you get old."

"This is also because we didn't do a good job. Yiping. From now on, in the US, it will be at night. We will try not to disturb you~www.wuxiaspot.com~Zhou Xinyu self-criticizes.

"You guys, what does it matter? Don't worry, I still have enough sleep time every day."

"What he said is true?" Jin Ling asked Huang Jingping.

"It rarely takes more than 6 hours, and I say it's useless,"

"You see, there are few rest periods, and the whole person has been in a very tight state. In your words, is this sustainable?"

"Yiping, Rome was not built in a day. Even if you can't rest on weekends, it is best to go to a distant place for a vacation, relax and adjust your state," Zheng Jiayi also advised.

"Actually, I'm really nothing. You haven't seen someone more desperate." Peppa and Brin appeared in front of Feng Yiping. Recently, they have regarded the company as family for many days.

"In my opinion, during the period of merger approval, you just go out for a vacation, go to Europe or Africa, either," Jin Ling suggested.

"It's really hard to get away. Google is also planning to go public. Page and the others are busy researching and developing products. I must be involved in the preparations before going public. Tesla has just been established, and new employees join every day, and there are new problems every day. Appears, the approval process for the acquisition of Coinstar, and the progress of the lawsuit over there, I must always pay attention to...,"

After that, when the acquisition of Coin Star is completed, I am afraid that I will be busier. I must be busy boosting its performance, and I must also be busy with the next step of the plan. Then Tesla should be roughly equipped with personnel and more. It takes time to pay attention and raise some points, so that they can avoid detours... This seems to be a time when they are really lacking.

He actually enjoys such days. (To be continued.)

PS: ps: I have established a group, 454, 231, 228, welcome everyone to visit, provide more valuable opinions, and look forward to the opportunity to communicate with you!

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