Lao Lu of Fengxing Capital proposed a new acquisition idea, that is, "stock exchange mergers and acquisitions".

Of course, several people present, especially those who are involved in the investment circle like Zhou Dajake, are of course very familiar.

Share exchange and mergers and acquisitions refer to the acquisition company's share of the target company in a certain proportion of the company's shares, and the target company is terminated, or becomes a subsidiary of the acquisition company.

Depending on the specific method, there are three situations:

1. Increase capital and exchange shares. The acquisition of the company uses the issuance of new shares, including common shares or convertible preferred shares to replace the original shares of the target company, thereby achieving the purpose of acquisition.

2. Treasury stock exchange. In the United States, law allows acquiring companies to use the portion of their stocks in stock to replace the target company's shares.

3. The cross-exchange of shares between the parent company and the subsidiary is characterized by the acquisition of the company itself, and there is a triangle relationship between the parent company and the target company. Usually after the exchange, the target company either disappears or becomes a subsidiary of the acquisition company, or a subsidiary of its parent company.

"Haha, Mr. Lu is kidding. Can Lefeng.com's shares be compared with Meigou's shares?" Zhou Da showed no mercy.

Lao Lu's face was a little red, but he still tried hard to tell: "We can make some concessions on the valuation of Lefeng.com."

His Fengxing Investment was a sure loss on Lefeng. This time, Meigou.com proposed to acquire Lefeng, which gave him another opportunity. It would be great if he could take the opportunity to get some shares of Meigou.com. Anyone can see that Meigou.com has huge room for growth.

Unfortunately, several representatives of Meigou.com are not stupid. Zhou Da insisted that it could only be a cash acquisition and would never agree to a share exchange merger.

The negotiations were deadlocked, and Zhou Da killed himself and bought 300 million yuan in cash, without any extra points. Lao Lu felt that the price was losing too much and wanted to struggle hard.

Finally, Wang Ye was impatient and knocked on the table and said, "Today is almost done. Mr. Lu, you can go back and discuss it and talk tomorrow. But I would like to say that whether to acquire Lefeng.com or not is not much different for our Meigou.com. However, whether there is a acquisition of Meigou.com, the difference may be very big for Lefeng.com."

After hearing Wang Ye's words, Xu Jing and Lao Lu both remained silent. They knew the current situation of Lefeng.com better than anyone else.

As Wang Ye said, if Meigou.com does not acquire it, it will still be the leader and its development will only get better and better.

As for Lefeng.com, there is basically no possibility of resurrection. The current situation can be sold for hundreds of millions. If you spend another sum of money to hold on for a few months, the valuation may be worse than that of now, because the website users have been losing money and sales are getting lower and lower.

When the two packed up their documents and were about to leave with their assistant, Wang Ye shouted Xu Jing: "Mr. Xu, please stay."

Xu Jing stopped in confusion and turned to Wang Ye, then heard him say, "Let's have dinner together with you, I have wanted to meet and chat with Mr. Xu for a long time. I finally got a chance this time, haha..."

Faced with Wang Ye's invitation, Xu Jing hesitated for a moment and agreed. She also wanted to know what Wang Ye had to say, and it was definitely not just a meal.

Old Lu was worried about what private transactions Xu Jing and Wang Ye were going to do, but he couldn't speak directly, so he said tactfully: "Mr. Xu, it's too late to go back to the company. We will hold a board meeting tonight to discuss."

Xu Jing nodded slightly, indicating that she would pay attention to time.

This dinner was invited by Wang Ye alone to Xu Jing, only the two of them, and they didn't even bring their secretary and assistant. No one knew what they had talked about, and the two did not reveal any details of the dinner talks to the outside world.

It was not long. After more than an hour, the two walked out of the Zijin Pavilion Chinese Restaurant side by side and said goodbye.

Xu Jing's expression now is obviously different from the one she had when she first arrived in the afternoon.

In the afternoon, she looked tired and lost, but now she was full of spring breeze, and her steps were much lighter when she walked.

Drive back to the office building where Lefeng.com is located, and the board of directors is about to begin.

In the conference room, Lao Lu looked at Xu Jing and always felt something was wrong. He asked suspiciously: "I wonder what Mr. Wang and Mr. Xu talked about. Have you ever mentioned this acquisition?"

Xu Jing smiled slightly: "It's nothing, it's just a simple meal and chatting for a while."

I believe you! Old Lu complained in his heart, but it was hard to ask anything else.

At the beginning of the board of directors, Xu Jing informed the representatives of the shareholders about the specific situation of the acquisition negotiations this afternoon.

When I heard that the offer from Meigo.com was only 300 million yuan and I was unwilling to give in at all, the conference room immediately became excited.

"Let them die! Such a low price, don't sell it!"

"This is a naked robbery, I won't agree!"

"Is there really no room for negotiation? This price is too low. You know, over the past few years, the cash invested by several of our investment banks has been 600 to 700 million yuan."

Lao Lu smoked a cigarette hard and ignored everyone's discussion. He was also dissatisfied with the offer from Meigou.com, but what can I do? I have no conditions to be tough.

Xu Jing listened for a while and saw that everyone couldn't stop, so she clapped her hands and said, "Okay, what's the point of saying these words of venting anger? I have a great responsibility to have Lefeng.com fallen to this point today, but everyone knows that I have invested a lot of money in the company with real money! If I hadn't intercepted most of the profits of that own brand on the website, I would have made a lot of money over the years."

Everyone fell silent. Indeed, although everyone complained that Xu Jing did not do a good job in Lefeng.com. However, no one could accuse her of being selfish. Lefeng.com's main product is a brand "Jingjia" owned by Xu Jing.

The sales of this brand are pretty good. In order to make Lefeng.com's financial report better, Xu Jing basically left the profits of this brand on Lefeng.com. From this perspective, Xu Jing's efforts are no less than anyone present.

Seeing that everyone stopped talking, Xu Jing continued: "People always have to face reality! Since this investment is destined to be a loss, then don't have any illusions and hope to turn the tables. My suggestion is to accept the quotation from Meigo.com and stop the losses in time!"

Old Lu knew in his heart that Wang Ye and Xu Jing must have made some promises when they met in private. Otherwise, Xu Jing would not have accepted the offer from Meigo.com so happily, but he had no choice.

Xu Jing is the CEO of Lefeng.com. She has a considerable influence in the cosmetics industry and media circles, and has strong management capabilities. Otherwise, she would not have started a business in her 20s and started Lefeng.com with one hand.

Of course, her ability is not enough to compare with monsters like Wang Ye, but it cannot be denied that she is still valuable.

Maybe Wang Ye bought Lefeng.com for the sake of Xu Jing. Thinking of this, Lao Lu thought it through.

Since this is the case, there is nothing to argue about. If you want to make concessions here, Meigou.com may really stop the acquisition immediately, and then wait for Lefeng.com to go bankrupt and then dig Xu Jing over.

"Okay, I figured it out too. Since I am destined to lose money, don't bother me and be decisive. Perhaps if I missed this opportunity, I will be truly losing all my money." Lao Lu expressed his attitude.

Seeing that the two major shareholders of the company made statements, the other small shareholders looked at each other and didn't know what to do.

...

Wang Ye did not participate in the next day's renegotiation, so he took Liu Ruomei with great enthusiasm to climb the Great Wall.

Take the special car provided by the hotel and arrive at Badaling.

"Sir, it's already here." The driver said respectfully.

Wang Ye did not get out of the car. He opened the car window and looked up into the distance. He saw that from the entrance, it stretched to the distance between the mountains, densely packed with people!

It's early July now, and the students are on holiday...

"Turn back to the hotel, I won't go anywhere today! I want to swim and exercise in the hotel." Wang Ye ordered decisively.

Liu Ruomei was in the passenger seat, covering her mouth and laughing. Of course she understood why Wang Ye did this.

How could so many people climb the Great Wall? It feels scary to think about it. The face is against the buttocks of the person in front, and then there are people behind you pushing you forward. There are people in front, back and left and right, and apart from the smell of sweat, they cannot breathe fresh air.

This is simply a burden, how could Wang Ye bear it?

As for other attractions in the capital, there is no need to think about it. During the holiday, all these so-called scenic spots and historical sites were occupied by students, and there were crowds everywhere, so Wang Ye would not join in the fun.

Back at the hotel, Wang Ye changed into a swimsuit and happily swam in the hotel's large open-air swimming pool for a few laps, and Liu Ruomei was also accompanying her.

When they were tired of swimming, the two of them were lying side by side on the lounge chair by the pool, drinking iced juice. This was a pleasure.

"Xiaomei, you have to eat more meat, otherwise others will think I am abused employees after seeing it. Oh, you also have to eat more papaya." Wang Ye glanced at Liu Ruomei's thin figure and sighed.

"Ah? Chairman, you made fun of me again!" Liu Ruomei said coquettishly.

Her figure is indeed her pain point, like a little girl who is not fully developed, but she can’t blame her. Now that Liu Ruomei goes out for dinner, there is a must-order dish, that is papaya snow clam!

Unfortunately, this legendary thing that can be used to make a big deal can not save her.

...

Wang Ye took his little secretary to freely and freely, and other people involved in the negotiations did not have such leisure and leisure.

Both parties to the negotiations between Meigou.com and Lefeng.com have been staying in the hotel conference room every day for the past two days, verbally talking about each other. On the table are a lot of documents and various data reports.

"Okay, everyone has been talking for three days! Now their ideas are expressed very clearly. In addition, Mr. Wang has already spoken and the negotiations must be ended today! Our final offer is 320 million, and there is no room for further increase. If you agree, you will sign the agreement today. If you don't agree, we will leave the capital tomorrow!"

Zhou Da made the final decision with the last move.
Chapter completed!