Rebirth 76: Industrial Internet Empire

The San Francisco Science and Technology News article suddenly aroused investor sentiment.

About an hour after the market opened, Apple's stock price fell below $7...

The board of directors held an emergency meeting. Faced with the ensuing crises, Spindler had only three options: introducing strategic investment, selling as a whole, and laying off employees!

"We should bring Steve back..."

"Steve is not a god, and him coming back won't help. Finding a buyer is the top priority!"

"We should reduce production costs so that we can compete with IBM on price and lay off some factories and workers with low production efficiency as soon as possible..."

"That bastard from Gaxi came up with the slogan "55ordie" and now he's putting us all on the fire!"

"Everyone, now is not the time to blame each other. We should unify our ideas and work together to get through this difficulty!" Spindler frowned and said in front of the directors who were arguing.

"Then what do you think we should do? If the stock price falls again, our equity pledged in the bank will hit the safety line and face the risk of being auctioned!" A director asked with a frown as he looked at Spindler.

Seeing that the dispute was going on, Spindler had to say in a deep voice: "Now we are going to vote by show of hands. If you agree to sell all the shares of the company as a whole, please raise your hands!"

13:6. After intense calculations, the staff found that the shareholdings of shareholders who agreed to sell their shares had reached 54%, an overwhelming advantage...

"Mr. President, the stock price has dropped below 6.5 US dollars! Morgan Bank called and wants to talk to you..." After the president's assistant knocked on the door, he hurried in and whispered in Spindler's ear.

After Spindler hesitated for a moment, he said in a deep voice: "Apple's stock price has fallen below 6.5 US dollars. Our equity pledged in Morgan Bank has immediately reached the safety line. There are currently two companies with overall acquisition intentions, Qianhai Asset Management and Sun, Qianhai Asset Management offered US$40 billion, Sun offered US$38 billion..."

"$38 billion? Is McNeely crazy?" one director questioned.

"Part of Sun's business is highly overlapping with Apple's. If we sell it to Sun, McNeely will definitely shut down our software business. We will never agree!" Aiden is a banker in San Francisco. He is fully aware of this kind of merger and acquisition. On the chest!

"They are all sold as a whole, how can one manage so much? If it is sold to Qianhai Asset Management, will it be resold in the same way?"

"At least Qianhai Asset Management bids higher..."

"Yes, Qianhai Asset Management is just a capital company and will not participate in the company's operations. They should retain the vast majority of the management and technical teams!"

“If capital companies like Qianhai Asset Management can be introduced, the factory and thousands of employees should be able to retain it!”

Spindler nodded and said: "Since everyone agrees, we will continue to contact Qianhai Asset Management..."

The difficulty of the negotiations can be imagined, and no one is a fool. Although Spindler has no evidence to prove it, his intuition tells him that the institution that short-sold Apple stock on the New York Stock Exchange must be related to Qianhai Asset Management Company!

Cupertino, California, Apple headquarters.

Li Heping can no longer remember how many times he has been here. Every day is exhausting and pushing to the limit. The price gap between the two parties is too big and there is no hope of reaching a consensus.

"Mr. Li, according to business M&A practice, the market value of the M&A target should also be calculated based on the average stock price in the past three months. We are willing to make great concessions and reduce the three-month cycle to two months!" Spindler Obviously they also wanted to end this marathon negotiation as soon as possible. As soon as they sat down for the sixth round of negotiations, they made substantial concessions.

Li Heping smiled unhurriedly and said: "Mr. Spindler, we just brought forward the acquisition that was supposed to be carried out in three months. Can you guarantee that Apple's stock price will be higher than it is now in three months?"

People are knives and servants, and I am fish and meat.Spindler was speechless for a while. It was indeed true. Who can guarantee how the stock price will fall in three months?

Looking at the silent Spindler, Li Heping continued: "The publicity period for the semi-annual report is coming soon. Will investors continue to hold your stocks after seeing your semi-annual report with a huge loss? Major authorities The ratings given by institutions to Apple are all sell, is this not an accident, right?”

"Mr. Li, I know the power of Qianhai Asset Management in the capital market. It is easy for you to suppress a stock. The current stock price is by no means the true value of Apple!" Spindler argued.

Li Heping said with a rather conceited smile: "Mr. Spindler, you are looking down on our Qianhai Asset Management. If we want to deliberately suppress your stock price, Apple may not even be able to hold the $4 mark now! "

"Mr. Li, according to our valuation calculation method, as of yesterday's closing, Apple's valuation should be around US$51.3 billion. In order to express our sincerity, we can deduct another 3% for you on this basis. This This is the greatest authority given to me by the board of directors!" Spindler once again made a big concession!

"Mr. Spindler, I think we should wait a little longer! We will restart negotiations in two months..." Li Heping stood up and prepared to leave.

"Mr. Li, to tell you the truth, in addition to Qianhai Asset Management, we have also been in contact with Sun. Two days ago, Microsoft and IBM also joined in. Of course, we still prefer to reach a consensus with Qianhai Asset Management as soon as possible! " Spindler reminded.

Li Heping chuckled and said: "Sun will not give us a price as high as ours, let alone Microsoft and IBM. They are here to disrupt the situation. It is best to disrupt all your merger and acquisition negotiations, and then I’m watching you go down step by step! Even if the merger is successful, they just want to carve up your software and hardware departments, and many of you will face the fate of being laid off!”

After Spindler pondered for a long time, he gritted his teeth and said: "Based on the valuation of 51.3 billion, we will deduct 5% for you. This is already our bottom line. If Mr. Li still doesn't agree, we can only cancel it temporarily. Negotiated..."

"Subtract another 20%! US$41.04 billion. If you agree, we can sign the contract immediately. If we still can't reach a consensus, we can only suspend the negotiations as you said..." Li Heping kicked the ball again go back!

The intervention of Microsoft and IBM did not help Apple gain more bargaining chips. Neither the board of directors nor Spindler himself were sure whether Apple could maintain a market value of 41 billion in three months.