Chapter 828: Zhang Yiming is ready to start the poison pill plan

Chapter 828 Zhang Yiming is ready to start the poison pill plan

Zhang Yiming now can't wait to strip Zhang Nansheng alive, all because of his small mistake, which has made the situation so difficult.

In fact, Yang Chen deliberately raised the price to 150 billion meters of gold before, even if Zhang Yiming sold all his belongings, he would not be able to acquire the equity in the hands of other shareholders.

But if they don't buy back the equity in the hands of the shareholders, they will sell it to Yang Chen at a high price.

Repurchase, no money.

Do not repurchase, endless troubles.

Now Zhang Yiming is really in a dilemma and doesn't know what to do.

At this time, the representative of Softbank clearly said to Zhang Yiming: "Dong Zhang, our headquarters has sent an order, clearly asking me to go through the equity transfer procedures as soon as possible, and sell all the 4.5% of Douyin we hold to Mr. Yang Chen. All, I'm sorry, I can't continue to discuss with you here, I have to do it now. Zhang Dong, everyone, farewell."

Zhang Yiming quickly got up and shouted: "Wait a minute, you give me some time to think about it. Even if I want to buy back the equity in your hands, I have to give me time to raise money, right?"

The representative of SoftBank replied with a smile: "Dong Zhang, I may not have explained it clearly just now, so you didn't understand. I'll tell you again, the headquarters ordered me to contact Mr. Yang Chen immediately and take all the 4.5% equity we hold. Sell ​​it to him. There is no room for negotiation. This is an order from the headquarters, and I only have to execute it unconditionally. Does Director Zhang understand what I mean?"

To put it bluntly, SoftBank informed Zhang Yiming that they would sell the equity to Yang Chen, instead of reporting or negotiating with him.

SoftBank representatives left immediately.

Zhang Yiming was furious and immediately called SoftBank's boss Sun.

He must ask why SoftBank is so heartless, leaving him no room for negotiation.

Soon, the call was connected.

In fact, Boss Sun didn't want to answer, but when he thought that he might invest in Zhang Yiming's company in the future, there was no need to make the relationship difficult, so he still answered the phone.

Boss Sun: "Haha... Director Zhang, what do you want to tell me? Is there a good project?"

Zhang Yiming replied angrily: "Don't you know why I called you? Let me ask you, why didn't you leave me any room for negotiation, and just sold the equity to Yang Chen? You know that I don't Repurchase?"

Boss Sun replied helplessly: "Zhang Dong, you have misunderstood me. It's not that I don't want to leave room for you, it's that I really don't dare to leave room for you. To tell you the truth, Yang Chen found Yamaguchi and Xin Inagawa. The presidents of the two groups came to me to ask for equity. I didn’t want to give them face, after all, we are not vegetarians at SoftBank, so there is no need to be afraid of them. But they are so annoying, they send people to sweep us 24 hours a day. Our employees and family members. You also know the nature of these two groups. Our company doing serious business can’t afford them. It just so happens that this time Yang Chen’s money is also very high, we really can’t find a reason not to sell it to him I hope that Director Zhang can bear with me, and I hope you can understand my situation and choice. If there are opportunities in the future, we at SoftBank will definitely continue to invest in Director Zhang’s business.”

Zhang Yiming was stunned, he couldn't even calculate that Yang Chen still had close ties with companies like Yamaguchi and New Inagawa.

If it is really as Boss Sun said, SoftBank really has to sell the equity to Yang Chen quickly.

On the one hand, Yamaguchi and Shin Inagawa can be prevented from continuing to harass their employees and their families.

On the other hand, they can get more than 3 times the return immediately.

So, why didn't they sell the equity to Yang Chen?

"Okay, I get it!" Zhang Yiming said helplessly and angrily.

Then, he hung up the phone.

Seeing Zhang Yiming's decadent look, shareholders knew that he had a bad conversation with Boss Sun.

SoftBank's investment vision is still very good, especially in some Internet technology companies, and it has basically never missed a beat.

Alibaba, which they invested in before, made a lot of money.

This time they invested in Douyin, and they made a lot of money.

The other shareholders couldn't hold back their impulses.

They want to follow SoftBank Group to quickly sell the stake in Douyin.

Tiger Fund representative: "Dong Zhang, you give us a clear answer now, can you buy back the equity in our hands? If you can't give a clear answer, then we can sell the equity to Yang just like SoftBank. Chen. No way, he gave too much, we really can't refuse."

The representative of Yuntou Fund: "Yes, it doesn't make sense to delay like this. We gave Zhang Dong the right to repurchase first, but if you don't seize the opportunity, then we can only say sorry. To control some troubles, we apologize in advance."

The representative of Sequoia Capital: "I also don't think it is necessary to delay so much. Whether or not to buy back the shares, in fact, Director Zhang can make a decision now. Our time is very precious, and I hope that Director Zhang will make a decision as soon as possible, and don't waste everyone. time on this useless procrastination."

Zhang Yiming never thought that there would be such a day, he would be forced into this by shareholders.

However, as the chairman of a large group, Zhang Yiming is also a decisive person.

Since there is no money to buy all the equity in the hands of other shareholders~www.wuxiaspot.com~ how about buying back part of the head office?

Since he can't stop Yang Chen from becoming a shareholder, let him acquire as little equity as possible.

Yang Chen bought all the shares held by other shareholders, and theoretically he could acquire 49% of the shares.

Zhang Yiming decided to buy back about 16% of the equity from other shareholders, leaving only a maximum of 33% of the equity for Yang Chen.

In this way, Zhang Yiming himself and his concerted actors will hold 67% of the equity, and will achieve absolute control over Douyin.

what does this mean?

It means that any proposal made by Zhang Yiming can be decided by himself without Yang Chen's consent.

In this way, Zhang Yiming can dilute the 33% stake held by Yang Chen by absorbing other shareholders or issuing additional shares.

On the premise that the company's valuation has not increased significantly, the equity held by Yang Chen has been diluted to even less, which means that the equity in his hands has depreciated.

Even if Douyin's valuation really increases to 150 billion meters in the future, Yang Chen's equity will not be able to sell the money he spent before.

I have to say that Zhang Yiming is indeed a smart person, but Yang Chen is not bad, not worse than his business acumen.

Of course, Yang Chen can think of problems that Zhang Yiming can think of.

When Zhang Yiming held this shareholders meeting, Yang Chen had already called the headquarters of these shareholders.

If Zhang Yiming buys back their shares, no matter what price he offers, Yang Chen is willing to buy it at a 20% premium.

Therefore, Zhang Yiming wants to buy back 16% of the shares to ensure that he has absolute control over Douyin, which is absolutely impossible to succeed.

It's just that he didn't know it, and thought his poison pill plan was perfect.

(End of this chapter)

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