Chapter 492: The acquisition is reached
140 million yuan, 70% of the shares are sold, isn’t it still a valuation of 200 million yuan?
I not only found a backer for myself, but also obtained financing, and also wanted to use Tiansheng's support to reserve a wave of forward returns for myself. This is a real idea.
Wang Liu curled his lips, but from the perspective of Net News, it is normal to try to win some benefits for himself as much as possible.
He doesn't care about spending a little more purchase price, but the shares cannot be easily given up. If Tiansheng is a backer, QQ, search and other businesses help attract traffic, the prospects of Net News will definitely not be bad.
The shares that are now sold out are much more valuable than the extra purchase price.
However, it is not impossible to leave some shares for them. First of all, they have a firm attitude. If they insist on a full acquisition, the acquisition may be ruined again. It is not easy to find a suitable acquisition target in China.
Secondly, even if they want to make them work hard, they have to give them some equity incentives appropriately. It would be better to let them keep some shares directly.
After Wang Liu finished his calculations secretly, he said, "You can promise them to leave some shares for them, but 30% is too much, so you have to press down, and at least it must be pressed to 20%.
If they still insist on not agreeing, then you can also threaten them appropriately. Now the competition in the wireless market is getting more and more intense. Without Tiansheng's support, they may not be able to hold on by themselves. Now we are not the only ones who are anxious to acquire."
Li Xiangtao smiled and said, "Okay, I've made an appointment to talk tomorrow. I'll try it when the time comes."
"What is the other requirement?" Wang Liu asked casually.
"They want to retain the management rights of the company and don't want us to interfere too much."
Management rights?
This is not difficult... Wang Liu felt a little relieved. He had never wanted to interfere. His performance could maintain a growth rate of more than 50% every year, which shows that the management team of Netxun is good.
They know the situation of the company they run by themselves. There are so many employees below, and only they are most familiar with it. If they are airborne individuals and take over it, they will waste a lot of time not to mention it. The effect is not necessarily better than them.
It is safest to leave the company to take charge of how to develop.
But I can't make a full promise to them.
Wang Liu said seriously: "You can agree, but you have to talk about your performance. If they do good performance, then the company will be managed by them. We will not interfere with it. However, if the performance is not good, then hand over the management rights and abdicate and give way to the virtuous."
Li Xiangtao nodded and said, "I understand, I will tell them clearly tomorrow."
...
Faced with increasingly fierce competition, Netxun really wanted to find a backer for itself and proposed to retain 30% of its shares, which already reserved room for bargaining. Li Xiangtao was expected to suppress the shares.
After some bargaining, Li Xiangtao showed some threats appropriately. If he did not agree, he would give up the acquisition. Net News finally compromised and accepted the request to retain only 20% of the shares.
However, in exchange, the acquisition price also increased from 140 million to 160 million.
As for the requirement that management rights must be linked to performance, it is reasonable. As a company manager, if you cannot achieve performance, then what kind of face will you still have to stay in your position?
This is nothing to worry about. Apart from making a little sense in terms of performance indicators and reducing some pressure to myself as much as possible, Net News agreed readily.
The two most concerned points were resolved. The acquisition was no longer accessible. The contract was signed on the spot and completely finalized.
Wang Liu also met Lin Feng, the founder and CEO of Shuwangxun, afterwards. He could not show up during the negotiations, but after the negotiations were completed, he successfully acquired them and will be considered an employee of his own in the future.
As a boss, he should come out to meet him for help and encourage him.
Tiansheng Jingcheng Branch.
In the general manager's office.
Li Xiangtao took Lin Feng into the door and reminded Wang Liu, who was looking at the documents behind the desk, "Mr. Wang, Mr. Lin is here."
Wang Liu raised his head, looked at the two of them, stood up with a smile, and walked towards the reception area next to him, saying, "Sit here, Xiang Tao, go and have someone pour Mr. Lin a cup of tea."
"Don't bother Mr. Wang, I'm not thirsty." Lin Feng said politely.
He has seen a lot of Wang Liu's deeds in the Internet field in the past two years, and now he has become his own boss again. Lin Feng's expression is a little restrained, raised the gifts he carried in his hand, and said with a dry smile:
"I brought you some Shenzhen specialties. I wanted to hand them over to you two days ago, but unfortunately I haven't seen you, so I've been dragging you until now."
Wang Liu didn't explain to himself, and smiled and said, "I'm so dedicated. I've never eaten Shenzhen's specialties. I'm going to try it carefully this time. Come and sit here. I'll be a family in the future. Don't be so reserved."
Lin Feng nodded, followed him to the reception area, put the gift box in his hand on the table, and then sat down on the seat next to him.
Li Xiangtao went out with a smile and called someone to pour tea. He was polite, but the tea still had to be poured.
Wang Liu looked at Lin Feng and said casually: "I have nothing else to do when I come to you today, I just chat about it casually. You are an expert in wireless, and the company will still be left to you to manage in the future. How do you plan to operate it next?"
Speaking of his own field, Lin Feng was not at all afraid, but he didn't answer immediately. He just talked about this and then believed it. Wang Liu asked this question, and he probably saved his thoughts after taking the exam. He had to think about it before answering.
Lin Feng pondered for a moment and said cautiously: "My idea is to first take advantage of Tiansheng's traffic advantages to consolidate the company's existing four businesses, and then try to develop new businesses.
Mobile phones are becoming more and more popular, and wireless has developed more and more rapidly in the past two years, and there is still great potential to be tapped."
"Where are you thinking about developing new businesses in which direction?" Wang Liu continued to ask.
Lin Feng nodded and said, "I have considered it before. I am currently thinking about it. However, I am not very mature yet. I don't know if it is specific."
"Speak and listen."
Lin Feng thought about it and said, "Portals such as Sina, NetEase, and Sohu have developed quite well in recent years, which shows that everyone has paid a lot of attention to the news.
But people can't stay by the computer all day long and stare at the news. There are always times inconvenient.
My idea is that maybe we can work hard on this aspect, distil the news into a few short consultations, and then send it to users through mobile phone text messages. As long as they subscribe to our fee service, they can learn about all the important news happening at home and even internationally anytime, anywhere through their mobile phones.
In this way, even if you leave the computer and the Internet, users can still grasp various news at any time.
If done well, the prospects may be pretty good.
Chapter completed!