Rebirth of the Strongest Tycoon

Chapter seven hundred and seventy-six launch acquisition

"Mr. Baan, the company's stock is not for sale in our company. I am very optimistic about its future, so I have been increasing my holdings of its stock in the past four years, so I'm sorry, I won't sell it and let you run for nothing. already."

In the Berkshire Hathaway chairman's office, looking at a manager of Merrill Lynch's mergers and acquisitions department sitting across from him, Buffett suppressed his inner urgency and refused with a serious face.

Before he came, Bahn had prepared the relevant information, so he knew that Buffett was right that Berkshire Hathaway had been increasing its holdings of the company's stock.

However, he scoffed at Buffett's remarks that it was not for sale, believing that this was Buffett's foreshadowing of raising prices.

He has been in the financial industry for decades, and he has already seen the true face of Wall Street. Here, there is nothing not for sale. As long as there are US dollars, you can buy everything you want here.

If you can't buy it, then there is only one possibility - not enough dollars!

Barn said with a smile: "Mr. Buffett, I have already made relevant preparations before coming, so I think we should be honest with each other. The company seems to be improving, but the unknown risks are too great, and that's why We at Merrill Lynch downgrade it."

"Berkshire Hathaway's shareholding ratio is a bit embarrassing now, and you are not strong enough to eat it. Rather than get into a fight, it is better to exit in time."

"Last year Berkshire Hathaway had a lot of revenue, but it would be bad for your company to get bogged down by the competition."

Buffett didn't change his face, but his heart sank. From Baan's words, he heard some potential meanings.

Is this threatening him?

He frowned and said tentatively, "Mr. Barn, I remember that Merrill Lynch is the company's third largest shareholder. Can I know who you sold your shares to? Who's buying it?"

Buffett is not sure if Merrill Lynch is buying itself, this is just his tentative questioning.

Although Barn said that Bank of Merrill Lynch lowered the market value of the company, it cannot be ruled out that Bank of Merrill Lynch was on its own to suppress the market value of the company.

Of course, Barn would not be stupid enough to let Buffett figure out the truth. He smiled and said: "Mr. Buffett, I'm just the person in charge of acquisitions. I don't care about other things. I just need to do my own duty."

"Mr. Buffett, for the 27.3 percent stake in Berkshire Hathaway, we are willing to offer $57 million, and with that money, you will have more money to invest. A more valuable company."

Buffett didn't get the information he wanted, and he was full of doubts. He directly ignored Barn's offer and politely declined: "Mr. Barn, I understand what you mean, I myself do not want to sell the company's stock, and the company's stock is Our company's important investment projects, if they are to be sold, also need to be approved by the resolution of the board of directors, and I can't give you any answer for the time being."

Bahn also knew that it was impossible to negotiate the first time. As long as Buffett and Berkshire Hathaway's board of directors are considering this matter, then his goal today has been achieved.

But he won't let Buffett keep dragging on like this. They, Merrill Lynch, have this qualification and strength to set the rules.

So he smiled and nodded: "Okay, then I won't bother, I look forward to your reply, I will visit again tomorrow!"

Buffett shuddered, suppressed his unhappiness, squeezed out a smile and said, "Okay, please!"

After sending Bane out, Buffett returned to the office and sat down on the sofa, frowning, thinking about Bane's purpose and motives.

At this moment, a subordinate walked in in a hurry, awakening Buffett.

"Chairman, I have a special situation to report to you!"

The subordinate stood in front of Buffett with a solemn expression and said.

Seeing the subordinate's solemn expression, Buffett, who was already in a heavy heart, had a bad premonition again. He took a deep breath and said solemnly: "What's the matter?"

The subordinate immediately replied: "The company's stock analysis department found that our company's stock price is now fluctuating abnormally.

The transaction size is rising in Daifuku, and there is no tendency to stop or shrink. "

Buffett was shocked, and immediately got up and said, "Come with me."

After that, Buffett and his subordinates hurried to understand the situation.

Soon, he knew that his subordinates did not lie to him.

He suppressed the thoughts that kept coming up, picked up the phone and made several calls in a row. After hanging up, his expression was solemn.

His friend, who works at the New York Stock Exchange, has confirmed with him that a large number of Berkshire Hathaway shares are being traded, and they are now constantly paying orders, the largest of which is a company called Polaris. Capital company, the specific information is not clear.

Xia Yu did not intend to hide this action, so the acquirer clearly showed Polaris Capital.

"Polaris Capital..."

Buffett murmured and frowned tightly, but he couldn't recall the relevant information, feeling very unfamiliar.

Merrill Lynch just came to buy the company's stock, and now there is a North Star Capital Company that is buying their company's stock.

The motivation for the former and the latter is unclear.

His intuition told him that there should be a certain connection between the two, otherwise such a coincidence would be impossible!

But anyway, he knew the company was in trouble, and it had to be resolved now.

Moreover, the acquisition of shares by Polaris Capital Company is more urgent. If he doesn't understand the situation, he can't sleep or sleep.

Thinking of this, he immediately instructed his subordinates to make every effort to find out the information of Polaris Capital, and at the same time raise funds and make emergency preparations.

Then, he asked his secretary to inform the other directors and immediately called them to hold a board meeting.

...

"Boss, this is the list of stocks that have been acquired so far."

Polaris Capital Company, Xia Yu came to the special working group office, took the list submitted by Xia Yu and read it.

The stock acquisition process of the two targets is clearly written above, including information such as time, transaction object, transaction price, etc. Of course, the aggregated information is also essential.

The specific acquisition process, Xia Yu glanced at it and skipped it, looking directly at the final statistics.

Among them, the company's equity already held 18.7%, of which Merrill Lynch alone contributed 12%, accounting for nearly two-thirds.

In addition, there is an investment institution that originally held 5.2% of the shares and had a director seat in the company, but also directly sold all the shares to Polaris Capital.

The remaining 1.5% of the equity was acquired from the market.

The company has been sinking for four years. Although it has improved, it is still difficult to change its image as a junk stock in the past few years. It has already exhausted the patience of investors. Therefore, after placing a buy order, the number of people who take the order is unknown.

Now, the company is still tackling several important shareholders. As long as they are won, they can easily surpass Berkshire Hathaway and become the second largest shareholder, even surpassing the original largest shareholder.

As for Berkshire Hathaway, thanks to its good performance last year, the capital market has high expectations for it, and ordinary investors are relatively optimistic about its future, so acquisitions are more difficult.

At present, it has not won any major shareholder, but only 1.7% of the equity in a financial institution, and then acquired a part of the stock in the market, and the two together account for 2.6%.

However, Xia Yu is already quite satisfied with this achievement. Peter Lynch has contributed greatly to this achievement in just a few days. He has worked for Fidelity Fund for so long and has accumulated a wide network of contacts for him. , worked immediately.

After putting the list in place, Xia Yu warned and encouraged the subordinates of the acquisition team again, then checked the time, and went to prepare for the interview.

Wall Street is the place with the most financial elites. Polaris Capital will play an extremely important role in the acquisition field in the future. The company urgently needs a large number of talents. Now the branch has a serious shortage of talents, so it has been recruiting externally. At the same time, Xia Yu also entrusted Korn Ferry New York branch. The company is responsible for hunting recommendation.

Peter Lynch is running around for several acquisitions, so naturally he can only come in person for the interview.

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