Buy a house, buy a house.

Beverly Hills is the center of Hollywood and the most famous wealthy area in Los Angeles. There are also many properties for sale recently, so you can hurry up and buy them.

Zhou Buqi didn't have time, so he went to New York early the next morning and asked Xu Baihui to help contact the real estate company.

"How long will it take for the negotiation to be concluded?"

On the plane, Zhou Buqi faced Rose Will, the vice president of Goldman Sachs, a little impatiently. The two parties had already cooperated on several cases and were already very familiar with him.

"If it is a simple operation, it can be completed within a few days." Roswell smiled, "We are fighting for your best interests."

"Yeah?"

Zhou Buqi raised his eyebrows.

Rose Will explained: "Currently, we have contacted 9 private equity institutions. They hold a total of 27.4% of Netflix's shares, and they are likely to sell them. Next, we need to unify these institutions.

Provide a unified quotation. This is more conducive to actually getting the stock and preventing interception."

"Intercept?" Zhou Buqi was a little surprised, "I want to buy it at a premium. Who is willing to pay a premium at this time?"

Roswell smiled, "I'm afraid it's the barbarians at the door."

Zhou Buqi immediately understood what he meant, "You mean... the management of Netflix?"

Roswell nodded, "Yes, this is the most critical point. Netflix is ​​not an ab stock. For a stranger like you, the management team must be frightened. Once they determine that you are a barbarian, they may find a way

Ask the white knight to take action."

Zhou Buqi said with a smile: "What a barbarian, white knight, I don't want to fight for power with the management at all. I just want to cooperate with Netflix, get strategic shares, and join the board of directors."

Roswell glanced at him, as if he didn't believe it.

If you are on the board of directors, it is too easy.

If you buy stocks directly on the secondary market and reach 3%-5% of the share, you will be eligible to be nominated to the board of directors. With Boss Zhou’s influence and business resources, if you are interested, it is possible to even hold zero shares.

Get on Netflix's board of directors.

If it weren't for the purpose of controlling Netflix, why would we buy Netflix stock at a premium?

At this time, except for the rich people in the Middle East, who can spend so much money at once? Well... the rich people in East Asia are also rich.

Zhou Buqi waved his hand, "I respect Netflix very much. I have no idea of ​​reorganizing the board of directors, let alone changing the management."

Rose Weldo: "If that's the case, it would be even simpler. You need to talk to Netflix's management, and it's best to give up part of your equity. If you can have the support of Netflix's board of directors and management, you can

It’s easier to get Netflix’s stock. Once they cause misunderstandings and let them launch a battle to defend control, it will be very troublesome for you. Although our confidentiality work is good, I believe Netflix

The board of directors has already heard about your actions."

"When is the right time to go?"

"The sooner the better!"

"Well……"

Zhou Buqi twitched the corner of his mouth.

I flew from Los Angeles to New York in the morning, and it seemed that I was going to fly to San Francisco again in the afternoon.

"The recent rise in Netflix's stock price has something to do with you, right?" Roswell began to ask again.

Zhou Buqi hummed, "Yes, I've been buying."

"How much?"

"Three million shares, almost reaching the critical point."

According to the requirements of the U.S. Securities and Exchange Commission, if the shareholding exceeds 5%, it must be reported and made public. Any subsequent purchases or sales must be declared in advance.

This is to prevent large shareholders from infringing upon the rights and interests of small shareholders.

When a major shareholder announces a buy, the stock price will inevitably rise. At this time, small shareholders can follow the trend and buy, which will collectively drive up the stock price. If a statement is made to sell, the stock price will inevitably fall. In order to prevent losses, small shareholders will also follow the trend and sell.

, will form a plummeting effect.

Rothwell is an expert and advises: "Don't cross the line, wait first. Don't let the turmoil in the secondary market affect your transactions with institutions."

Zhou Buqi smiled and said, "I know."

I went to New York and was busy non-stop.

The general intention is basically set.

Yesterday, Netflix's closing price was $13.5, which is almost the same as at the beginning of the year. The recent rise has been very fierce. It is conceivable that once "barbarians" enter the market, the stock price will rise all the way.

A premium is inevitable.

There are a total of 9 institutions on the other side, holding a total of 16.99 million shares of Netflix. Among them, only Black Rock Group holds more than 5% of the shares, and the others are small shareholders with less than 5%.

Reasons for selling vary.

In short, there is a lack of money.

Everyone wants to sell their Netflix stock at this time and sell it to the tycoons from Asia for a good price.

Follow Black Rock Group’s lead!

First round offer, $42.6!

Compared with the current stock price of US$13.5, this is a premium of 215.6%!

Zhou Buqi was secretly happy.

It feels okay.

Afraid that the other parties are Wall Street capital, Goldman Sachs and this group of private equity institutions are secretly colluding with each other to defraud themselves. At present, Goldman Sachs is very sincere.

This is right.

How rich Boss Zhou is, it is impossible for Forbes and Hurun to investigate clearly, but Goldman Sachs knows it in many cases. When the financial tsunami broke out, several short-selling funds were frantically plundering wealth, and they have long been investigated by all parties.

.

This case is worth a few hundred million dollars at most.

Boss Zhou is a super big customer, and there will be many opportunities for cooperation in the future. We cannot offend him all at once.

Zhou Buqi is willing to acquire it at a premium.

The Goldman Sachs delegation argued that the other party's asking price was too excessive.

In the second round, the other party's offer dropped to $39.2.

Goldman Sachs made another long speech.

Zhou Buqi's English is now very good. Although he has a strong Northeastern accent, he can communicate with Americans very freely.

But in this current environment, his English level was a bit inadequate and he listened in a daze.

After lunch, we continued the conversation in the afternoon.

What Goldman Sachs means is that it wants to push the price below $30.

Zhou Buqi stopped participating, leaving Chen Ran and Nie Caijun behind. He returned to Silicon Valley with his secretary to meet with Netflix's management.

It stands to reason that the buying and selling of stocks is free and has no restrictions.

If Zhou Buqi wants to buy Netflix stock, he can completely avoid Netflix's board of directors and negotiate privately with nine private equity institutions. Once the talks are completed and an agreement is reached, it is enough to make a public statement.

There is no need to notify Netflix's board of directors and management at all.

But nothing was done like this.

Unless it's a hostile takeover.

This is an act of betrayal.

A normal acquisition still requires the support and permission of the board of directors, and then the transaction is completed.

On the plane to Silicon Valley, Zhou Buqi received another call from Roswell. He also emphatically explained the matter, "This time, we must show sincerity and gain approval from Netflix management. Once the negotiation breaks down,

If so, the board of directors may intervene, which will greatly increase your transaction costs or even cause the transaction to fail."

Then, he briefly explained the logic behind it.

If Zhou Buqi wants to acquire this stock at a premium of 150%, if Netflix's board of directors does not approve the transaction, it may look for a white knight to acquire the stock at a premium of 150%.

When the time comes, Zhou Buqi will have to raise prices. Netflix will also raise prices, and Zhou Buqi will raise prices again. This will be very troublesome.

Now, Goldman Sachs is busy lowering prices.

If Zhou Buqi gets into trouble with Netflix's board of directors, Goldman Sachs will have to turn its guns and help raise the price to ensure that it can get these stocks. With the support of the board of directors, they will even proactively contact the institutions to suggest that they can

Stock transfer. At this time, capital institutions have no choice but to sell.

Executive power is more important than equity.

Many institutions, especially small institutions, do not simply hold stocks, but after obtaining the stocks, they continue to make loans, borrow money, and continuously increase leverage.

Once there is a breakup and the board of directors lowers its earnings forecast, the stock price may plummet, and the stocks in the hands of capital will become a powder keg.

After Zhou Buqi heard this, his heart was filled with excitement.
To be continued...