Rebirth of the 92 Business Tycoon
Vol 4 Chapter 55: fruitful
Seeing this news, there are still very few people who are as angry as Liu Jizhong. The next morning, this news made many people very excited. Our classmate Xiao Feng, his company is not enough to be listed in the United States, and today Acquired a US listed company!
Various paper media are naturally scrambling to report this news. Even newspapers such as the Caijing Daily, which has a stable intention and style, have become such a headline party today. "The first successful acquisition of a well-known American listed company by a Chinese company." .
What is the title of the top ten, the top ten, the common people just like this one.
Therefore, after reading this news, many people did not care about the subject of this acquisition. In fact, it was a company registered in the United States, nor did they care about this well-known American listed company. The total market value was only several hundred million. As long as we know one thing, we are awesome, and we can also buy listed companies in the United States!
The employees of the Jiasheng Group were the first to know about this. At this time, there was a sense of rushing to tell the news. The news was displayed on the electronic screens of all its hotels, convenience stores, and specialty stores.
If we make a statistics, the enthusiasm of all employees today will increase by at least 10 points, and the collective sense of honor of all employees will always increase by 10 points from today.
Of course, not all people are optimistic about this matter. In other words, some experts just want to rely on their own unique perspectives to make a difference. At night, on the Internet and in the newspapers, there are already some experts who are not optimistic about Jiasheng. Talk about an acquisition.
To be fair, or to say the same as not to say, generally this is the view, "Acquisition is easy to integrate,"
This is actually an objective fact. Most domestic companies started late in internationalization, are not familiar with foreign business environments, are not accustomed to foreign business operations, and many seemingly good mergers and acquisitions ended in failure. What's more, The company that Jiasheng acquired this time seems to have little relevance to its main business, and it is even more difficult to integrate organically.
This is not bad. Those who are purely trying to get out of their positions write directly, "A fast and brilliant company is about to decline."
"Compared with Europe and the United States, the average life expectancy of our domestic companies has never been long. It now appears that Jiasheng, the most well-known private enterprise in China, may also be the same. This Jiasheng, which has set many records, will likely be better than It rises rapidly and declines faster,"
"We admit that all the projects that Jiasheng previously operated in China were very successful. However, an excellent entrepreneur may not be an equally good keeper."
"Perhaps he was dazzled by the previous victory. The decision-makers of Jiasheng are also very casual now. It is said that this acquisition was made by him while on vacation in Seattle."
"We are certainly not easy to guess the thoughts of the richest man, but many of my colleagues and I have checked a lot of relevant information, but I still don't understand how the acquisition of such a coin company will add to his main business? "
"We should not be the only ones who disagree. We have noticed that after the news of sec's approval of the acquisition came out today, the share price of the acquired company, Coin Star, fell sharply. As of press time, it has fallen nearly 10 percentage points,"
"Ten points. This should be a very clear response from the market and investors to this merger."
"We also noticed that the other two companies of Jiasheng listed on the Nasdaq, dragged down by this news, the stock prices that have already risen also tend to enter the downward channel,"
"Internationalization is the only way for many outstanding domestic companies in the future, and there have been some unsuccessful examples. Many companies that have developed well in China have been ambitiously internationalized. As a result, internationalization has not If it succeeds, it has been implicated in the main business of the country. According to the current trend, one more example will probably be added."
"Combined with previous reports, we can infer that this acquisition is one of our four major banks providing financial support. Here, I also want to remind state-owned banks that also aspire to internationalization. Confused, such a major decision should pay more attention to various investigation and analysis reports."
"Otherwise, many seemingly good opportunities are actually more likely to be traps,"
…………
In Shanghai, Fang Yingzhi took a fax from the Administration Department, "Mr. Jin, these are the media who want to interview you."
"Oh, it's quite a lot," Jin Ling took a look and took a look. "Let's just let it go, and let the administrative department issue an announcement according to the previously planned content."
"President Jin, have you read some media reports?"
"I didn't think much," Jin Ling shook his head.
"Some are too much, I think we need to refute, otherwise, those reports will have a very bad effect,"
"What is the bad influence?" Jin Ling smiled lightly. "The three companies are all companies listed in the United States. The false domestic reports and our refusal will not have any impact on American investors. "
"Besides, don't you know Yiping? He has always believed in doing more than words. Don't worry, there will be good news coming out in the United States soon."
Seeing Fang Yingzhi's unbearable worry, Jin Ling shook her head, "Don't you also think that Yiping was a temporary motive and decided to buy Coin Star?"
"Huh?" Fang Yingzhi was taken aback, she really thought something like this. After hearing Jin Ling say this, she immediately shook her head, "No,"
Thinking about Feng Yiping's previous style of doing things, the next shook his head was very firm, "Of course not,"
…………
Feng Yiping is so busy now that he has no time to bother about these disturbances from the outside world. The day before the news was officially announced, he led the team to Seattle. On the morning the news was announced, he was greeted by Merbach. Enter the coin star.
He only paused in front of the office building, thinking that this building and all the tangible and intangible assets in it belonged to him, and he was really in a good mood.
"Old Mo, I looked at the plan in detail and did a great job,"
"This is the result of several drafts." Merbach seems to be under pressure recently. He is a little haggard and has a hoarse voice, but his mental state is quite good. "The last one must be the most convincing. A portion of,"
"Thank you, old Mo for your hard work,"
"Hello Feng, this is George from the Public Relations Department," a handsome middle-aged man in a suit snatched out from behind Merbach. "Do you need me to summon everyone, you give a speech?"
Mike, who came with me, wanted to cover his eyes. This guy is afraid that he is the same as himself at the beginning. A small boss from China will like this tune, but this is his own opinion, or he has listened to the company. Suggestions from Asian employees?
"I didn't see it necessary," Feng Yiping glanced at him, then looked at his watch, "Old Mo, inform all the chiefs of the company, and a meeting will be held in ten minutes."
"Okay," Merbach told his assistant, "I will take you to your office."
In less than ten minutes, all the chiefs of the Coin Star were all concentrated in the conference room. No one was too stupid to want to show the new boss at this time.
Although it was not the first time they had contact with Feng Yiping, it was just different from the time they met before. Their identities had changed a lot, so they were a little bit nervous.
It is not easy to find such a decent, high-paying job.
"Hello everyone," Feng Yiping, accompanied by Merbach, walked into the office with a smile at 9:30.
"Hello Feng," the chiefs took turns to shake hands with him warmly.
"Thank you, everyone, please sit down," Feng Yiping sat down at the end, and forced Merbach to be beside him, "I, and the few who came this time, are all familiar with everyone, so I won't introduce them one by one."
"I am very happy to have the opportunity to work with you, and hope that you will continue to support the company and our CEO Merbach in the future."
"I have noticed the stock price. I have to say sorry to you first, but please also believe that as long as we implement the following plan, our stock price will rise accordingly, and the stocks held by you will definitely appreciate substantially. "
If calculated at the current stock price, he has paid nearly 500 million for the acquisition, which has now shrunk by nearly 10%. With the addition of Yijia and Auto.com, his net worth has shrunk by nearly 300 million US dollars today.
Of course, there is nothing like this, he believes the stock price will rise soon.
He doesn’t worry that someone will take advantage of the low price to absorb, and that doesn’t matter. Although his apparent shareholding is less than 20%, he adds the holdings of two institutions under his control, Jiasheng Investment and Leading Capital. Those two companies both hold more than 50% of their shares. A while ago, due to the impact of the acquisition proposal, when the stock price fell, they also repurchased a lot. Therefore, no one can absorb shares in the secondary market. Obtain control of the company.
"So, I won't say much. Next, I announce that the coin exchange program is officially launched. Everyone, come on, I am waiting for your good news."
One by one the executives immediately stood up, just like the generals of De Ling, and walked out with high spirits, "Feng, I won't accompany you, Starbucks, I have already scheduled a meeting," Merbach said.
"Please Lao Mo," Feng Yiping held his hand and shook it vigorously a few times.
They analyzed that Starbucks should be the easiest object to reach a cooperation agreement.
"I will definitely come back with the intention of successful cooperation," Merbach is also very confident.
"If you need to contact me at any time," Feng Yiping, as the top person in charge of the company, is not suitable to be on the front line. Moreover, it is enough to talk about cooperation as the CEO of Merbach.
…………
At Starbucks headquarters, the one that received Merbach is still Drucker, the vice president who received Feng Yiping last time. "Welcome to Merbuck, Howard is waiting for you."
Howard is naturally the founder and helm of Starbucks, Howard Schultz.
Well, this is also a hairline that is very far behind, the eye bags are not small, and the nose is not small and tall. In the same city, it is not the first contact between him and Merbach. "Congratulations Merbach," he is big Step by step, he took Merbach into the office, "Come today, it's not your new boss, want to buy us," he said with a smile.
Merbuck also laughed, “I’m really not sure if he will do this in the future, but if he has this intention, it’s normal, because Starbucks is such an outstanding and outstanding company.”
"Hehe, please sit down," Howard laughed. "It seems that Mr. Feng does have something extraordinary. You agree with him. Drucker also thinks he is a very good young man. I really hope to see him. ,"
"There is a chance," Merbach took out two documents. "This is a plan he put forward. After reading it, you will understand the gap between me and him."
"Oh," Howard took it, "It's about us?"
"It's good for Starbucks and Coin Star,"
This is not an agreement, but just a plan, which details the benefits that Starbucks and CoinStar can bring after cooperation. As for the specific costs, that is the next stage of the problem.
Howard read it first, "Is this his opinion?"
"Yes," Merbach nodded, "We have been thinking of ways to attract more users to use our services, but we have not been able to find a reasonable way. His plan is perfect."
"This idea is good, but how many additional customers can this bring us?" Howard asked.
"On average, we conduct more than 15 million transactions each year. This is mainly because many users are unwilling to pay handling fees. If we can achieve a coin-for-card program, they will no longer pay handling fees. A conservative estimate is that every year There will definitely be more than 20 million transactions. In this total of 20 million transactions, how many will choose to redeem Starbucks consumer cards? Howard do you think?"
This is Feng Yiping's plan to address the biggest dilemma currently faced by Coin Star. Many people prefer to put the coins in their home boxes instead of paying the nearly 10% handling fee.
That is, the handling fee can be completely reduced. The premise is that you exchange the coins into shopping cards or shopping vouchers of the cooperative merchants on the coin exchange machine, and then the merchants will return the commission to Coin Star in proportion to the coin exchange program. ~www.wuxiaspot.com~ This method was very common later, but now, Feng Yiping is the first one.
"I think it's good," said Drucker, who had just read the plan. "If such an option is introduced, at least my house will not have a lot of coins in the future."
"Howard, Drucker, for the sake of safety, if Starbucks agrees, I want to launch this service first in three places, Seattle, San Francisco, and Las Vegas. We can agree on a quarterly pilot period, discover and Solve the problems that may exist in the implementation, and at the same time, you can also see the effect intuitively."
"I think this kind of investment should be more effective than advertising in other media, what do you think?"
"At the same time, I think that cooperating with a company with a large number of home users like nextdoor will be beneficial to the future development of Starbucks."
"You should also understand that Feng is also very influential in China. They have many convenience stores and hotels, and they also have opportunities to cooperate with Starbucks..."△≧miào△≧bi△≧gé△≧
Merbach was still talking about the reasons one by one, Howard has stretched out his hand, "Then we will try!"
There is really no hesitation about this.
Howard knows the minds of consumers and exchanges troublesome coins with equivalent Starbucks coupons for free. Such a service will definitely be very attractive.
"I won't let you down," Merbach held his hand excitedly, really, smoother than expected.
Today is the day when the coin star is reborn, he thought.
…………
In the new office pretending to watch the scenery, Feng Yiping, who was still a little nervous and expectant, soon received the call he wanted, "Feng, the first battle won!"
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