Chapter 1207 Reasonable

With the help of Netflix's board of directors, the next operation will be simpler.

Previously, only 9 private equity institutions were contacted.

It didn't go very well.

The lion on the other side opened his mouth wide, and under the leadership of the super giant Black Rock Group, he killed the offer of 35 US dollars, and refused to make any further concessions. Everyone is smart, so don't cheat anyone.

Everyone knows that now is the financial crisis, and Netflix's stock price is obviously undervalued.

There are often two logics behind the stock price of a listed company, one is business logic and the other is financial logic.

Business logic is to judge the actual value of stocks based on corporate fundamentals; financial logic is to chase ups and downs, and only look at the emotions of the financial market. high.

This kind of top private equity tycoon actually understands this truth. It depends on the long-term and should not be swayed by short-term emotions.

Netflix's fundamentals are very strong.

In the past few years, its performance has been growing and it is the largest video rental company in the United States. This year's performance has climbed to a new high. With the current economic crisis, ordinary people are struggling and have no money, so they can only hide at home and watch DVDs for entertainment, which will further promote Netflix's performance.

It is not in line with business logic to sell Netflix's stock right now.

Unless the buyer can make an offer they can't refuse, a price that matches the actual value of Netflix's stock today.

At $35, it's a decent number.

Zhou Buqi was actually willing, but Goldman Sachs disagreed. The lower the price, the more commission they get. The next day, Zhou Buqu flew to New York again and met people from Goldman Sachs. I heard that he has made substantial concessions in terms of shareholder rights and interests, which has ensured the control of the existing management, and it is enough to be confident.

Get Netflix's board of directors, what else can't be done?

Then, after some operations, another 27 investment institutions were found.

All investment institutions and individuals who hold more than 1% of Netflix's shares have been recruited. Then, communicate privately and quote $25. As long as you are willing to sell, you can accept as much as you want!

If you think the price is right, you can hand it over; if you think the price is low, you can keep it.

For Zhou Buqi, he cannot take too many stocks, and 30% of the shares is a very sensitive figure. The United States is a case law, and there is no clear data indicator. However, the reference standards in the world are similar, and when this limit is reached, a compulsory general offer will be issued.

About 25% is basically enough.

By 5 p.m., 12 institutions had agreed to a $25 offer, with a total of 11 million Netflix shares, accounting for a total of 17.7%.

In the evening, I will also attend Musk's financing party.

Zhou Buqi has already boarded the plane back to Silicon Valley.

Talk to Goldman Sachs' Rose Wells on the phone.

"The basic intention has been reached, and they will be given another 48 hours to consider." In this regard, Roswell is full of confidence, "The price of 25 US dollars is very realistic. Today Netflix's closing price is 13.2 US dollars, a premium 89%, enough sincerity."

Zhou Buqi was very happy, "I can deliver in two days?"

"right."

"You won't go back on your word, will you?"

"Normally not."

Zhou Buqi asked: "What is the abnormal situation?"

Rose Well said with a smile: "The intention has been reached, which means they want to sell. If an accident happens, there will be a higher offer from other institutions, so that they will sell the stock to others."

Zhou Buqi was very relieved, "The current economic situation should not happen."

"Yes, so your side can work."

"Is it the secondary market?"

Zhou Buqi asked humbly.

Rose Well said: "Starting tomorrow, you can buy Netflix's stock from the public trading market substantially, and then submit relevant information to the Securities Regulatory Commission."

If the ratio exceeds 5%, it must be disclosed.

In this way, everyone will notice that some local tyrants have entered the market and bought Netflix frantically. Regardless of the reason for buying, as long as you buy, it means that the stock price will rise. This will trigger financial logic, causing a wave of chasing ups and downs, the more you buy, the higher the stock price will rise sharply.

This is not a problem for Zhou Buqi at all.

As long as you can get enough shares, the premium doesn't matter at all. The $25 transaction has been reached, and the stock price in the secondary market is only $13, and there is still huge room for improvement.

Rose Well continued: "Mr. Zhou, I have a task for you, which must be completed."

"No problem, you say."

"In the next two days, you must continue to buy Netflix's stock in the trading market to drive up the stock price. Until it reaches $25, it should not exceed $30."

"Have you been buying?"

"Yes, in this way, the interests of many small shareholders will be taken into account, and off-market transactions will be reasonable."

Rose Well explained a whole lot more.

There is no clear legal provision in the United States, what can and cannot be done, it is completely based on facts to analyze whether it is reasonable.

This time, it must be reasonable to reach a deal with a private equity institution outside the market and buy 11 million shares at a price of US$25.

The so-called reason is to be fair, just and open.

Disclosure is affirmative, and the CSRC must be notified after the transaction is completed. Fairness and justice need to be reflected through stock prices. It's not fair if the stock price on the floor is only $13, but it's trading at $25 off the floor.

Why can a large investment institution sell stocks at a price of 25 US dollars, while small shareholders and retail investors in the market can only trade at a price of 13 US dollars?

Isn't this a violation of the interests of minority shareholders?

Therefore, when a similar merger and acquisition transaction occurs, the most important thing is to control the stock price. In order for small and medium shareholders to enjoy the dividends of this transaction, the stocks in their hands can also achieve a substantial increase in value, not only in value, but also in cash.

In the 1980s, the United States set off a ten-year financial wave of leveraged buyouts.

There have been similar cases.

The stock price is 10 US dollars, and the stock in the hands of small and medium shareholders is worth 10 US dollars; the stock of major shareholders cannot be cashed out casually, but the price in over-the-counter transactions has reached 20 US dollars.

This has seriously violated the interests of small and medium shareholders.

Why can the stock of major shareholders be sold at such a high price?

Then, he was prosecuted.

The court ruled that the rights and interests of the premium belonged to all shareholders. It means that except for the basic value of 10 US dollars, the major shareholders should share the premium income equally among all investors.

It is okay to damage the interests of major shareholders, but the interests of small and medium shareholders must not be damaged.

That is to say, within two days, Zhou Buqi will continue to buy Netflix's stock from the market to raise the stock price above $25, such as $28.

At this time, the news of the over-the-counter transaction was announced, and Zhou Buqi bought a large amount of stock from some larger institutional shareholders at a price of $25, which made sense.

Soon!

There are still a few days left before Netflix's case will be settled!

...

It was a bit late for Zhou Buqi to fly back to Silicon Valley.

Went to Musk's house... ho!

Beautiful women are like clouds!

They were all young girls in their late teens and twenties, with blond hair and blue eyes, big breasts and thin waists, twisting their waists amidst the loud music that made people's ears hurt.

At first glance, they are all young girls who want to pursue their dream of being an actor because of their beauty and beauty.

It's a little weird.

There are no minorities.

Basically blond hair and long legs.

Except Xu Baihui.

"Why are you here?" Zhou Buqi was a little surprised.

Xu Baihui smiled, "Your secretary told me that there are too many foreign girls today, let me watch you."

Zhou Buqi looked around for a few moments, then whispered: "There are so many beauties."

Xu Baihui said: "I paid for it."

"Spending money?"

Zhou Buqi's enthusiasm was extinguished a lot at once.

"That friend of yours is not a good thing either."

Xu Baihui rolled his eyes at him, and then counted the doorways inside.

Silicon Valley is very close to Hollywood.

There are many billionaires in Silicon Valley, and there are many beautiful girls in Hollywood. There are many technical men in Silicon Valley, and what is lacking at many parties is girls who are active.

Then, there are many agency companies in Hollywood that specialize in this kind of work, and they have a large number of 18-line young actors. Taking orders to serve the rich.

The rich made the party lively, the brokerage company made money, and the girls also had the opportunity to meet more rich people.

Take what you need.

Zhou Buqi didn't find it strange.

Since he bought that luxurious manor with a huge sum of 68 million US dollars, he has truly experienced the evils of the capitalist society.

Money can really do whatever it wants.

As long as he can't think of it, there is nothing that various intermediary companies can't do.

The ultimate service has everything.

Silicon Valley is not bad, but Wall Street is exaggerated. Batches of young models are sent there wholesale, playing various shocking tricks that break through the scale. Bill Gates' reputation plummeted because of his participation, and he divorced his wife who had been married for decades.

In this regard, Zhou Buqi really thinks he is a good person.

It's nothing to play with a few women.

As long as there is some money and some power, there is no one who does not want to play.

The key is not to have a bottom line.

Not to mention doing things that violate the law or even kill people.

"You don't know who I am? Didn't I ask you to coordinate and send out job invitations to Yang Mi and the others?" Zhou Buqi was relaxed and plausible, "If I want to join forces, I won't transfer people from China at all." Come here, this is called the basic principle of human beings!"

As soon as he finished speaking, he was attracted by a surprisingly familiar face.

Previously, he thought the most beautiful foreign woman he had ever seen was Musk's fiancée Talulah Riley, and now he found another super beautiful one who looked familiar.

Empress of the sea!

Amber Heard?

Well……

This person seems to be a queen of the sea, so I can't touch him.

"Mr. Zhou? You are late, Elon and Iron Man are watching the rocket in the room, you can go upstairs."

At this time, the hostess Talulah Riley came over skillfully.

Zhou Buqi smiled, "Okay, I'll go find him."

Talulah Riley pursed her lips, took a step closer, and whispered, "That woman is nothing but beautiful. Don't get in touch with her."

"Yeah?"

Zhou Buqi was a little funny.

Talulah Riley said, "Haven't you seen her movie?"

"No."

"She was in horror movies."

"oh."

Zhou Buqi smiled, showing no interest.

Talulah Riley whispered: "In order to become famous, she constantly relaxed the scale of filming and showed off her style in some R-rated films. The last film was a big deal. From the beginning to the end, everything that involved She doesn't have any clothes on for the camera. Don't touch her, it's demeaning."

Zhou Buqi's expression was relatively flat, "It's for performing arts, understandable. I just thought she was beautiful, so I took a few more glances and didn't care too much."

really interesting!

People are beautiful, so it is reasonable to look more often, does it have something to do with you?

Could it be that this sea queen has some unclear relationship with Musk, which aroused her jealousy?

Well, very likely.

Alas, woman, East and West are the same.