Chapter 1477
Words:1717Update:22/09/08 23:49:29
"President, Feng Yu is in New York. It must be because Liu Chuanzhi's negotiations with IBM were thwarted, and Feng Yu came over personally."
Norio Ohga frowned. Feng Yu had come over? That means Feng Yu is determined to get IBM's PC business?
Norio Ohga remembered what people said about Feng Yu. Every time Feng Yu acquires someone's company, he will pay a high price, and it will seem like he is suffering a loss.
But within a few years, Feng Yu's investment will return several times, or even more than ten times. It seems like Feng Yu has the foresight and knowledge that ordinary people do not have. His investment decisions are accurate.
Thinking back to the past, when Sony sold off AIWA, they thought they had gotten a bargain. They had gotten rid of their burdens and got a sum of cash. But in the end, AIWA suppressed Sony's portable music players and became the world's number one company.
Norio Ohga had thought about this many times. If AIWA had not been sold off and was still in Sony's hands, how powerful would Sony be now?
Also, the Hua Xia market does not have similar companies, and Sony will not be kicked out of the Hua Xia market. How much money can Sony make?
That mistake almost caused Norio Ohga to lose his position as the President of AIWA. Even after Norio Ohga became the President, the shareholders will use this incident to criticize him.
Since Feng Yu can snatch Sony's business, why can't Sony snatch Feng Yu's business?
But some people said that no one can snatch Feng Yu's business from him. Feng Yu is a domineering person. If he wants something, he will get it.
Maybe this time, Sony will teach Feng Yu a lesson. Feng Yu might be the World's Richest Man and the God of Investment, but he will still lose to Sony!
Sometimes, the other party will not be tempted just by offering more money. It also depends on the other party's conditions and whether the other party can continue to benefit from it.
We, Sony, can also give you our shares!
Norio Ohga personally called IBM's CEO to raise their conditions. Not only Feng Yu will pay the other party a large sum of cash, but he will also give the other party Sony shares.
Samsung Electronics Corporation also changed their conditions, but they offered Samsung Electronics shares instead of Samsung Group shares. Sony had given out their parent company's shares. How can this be the same?
…
"Mr. Roy, there is no need to doubt our Sony's strength. Also, everyone knows how profitable Sony is. At this time, our stocks are growing rapidly, and we are at the top of the world in many fields. We can also cooperate in the server field. "
"Mr. Daya, we can see your sincerity. But the cash you are offering is too little. Lenovo Group is offering more cash than you, and their shares are worth about the same. Also, we feel that Lenovo Group's shares have a higher appreciation potential than Sony. "
"Also, after Lenovo merged with IBM's PC business, they will be the world's biggest. They will set the industry standards in the future. If we keep these Lenovo shares, we will not be out of the market completely. "Roy explained.
"No, Mr. Roy. Can Lenovo Group have more potential than us? What if something happens to their subsidiary, Lenovo Kingsoft? Don't forget that Lenovo Kingsoft is fighting with Microsoft for the market share. Everyone knows how powerful Microsoft is. Microsoft will be the winner in the future. "
"At that time, Lenovo Kingsoft will not be able to get back their investments. This company's debt ratio will increase, and it will become non-performing assets. This will affect the company's revenue. At that time, not only you all will not get your dividends, but your share prices will also drop. This is a loss-making deal! "Norio Ohga said confidently.
Belittling the opponent and exaggerating the outcome are common tactics in business negotiations.
"Lenovo Group and Lenovo Kingsoft are not subordinate to each other. Lenovo Kingsoft is going to be listed soon, and don't you think their share prices will continue to rise?"
"Lenovo Group has more cash and shares than you all. I cannot agree to cooperate with you all. I think there is no need for us to continue this discussion. I should focus on the details with Lenovo Group. "Roy stood up and was about to leave.
"Wait a minute. Mr. Roy, is Lenovo Group willing to let you all be directors?" Norio Ohga asked.
Roy's eyes opened wide. "What did you say? Is Sony willing to let us be directors? "
A director is the core of a company's management. Norio Ohga and Norio Ohga did not expect Sony to give them such an offer. This sincerity was too much!
"We can give it to you. I had convinced my Chairman, and he will call for a shareholders meeting to appoint a new director. This director will be specially appointed for IBM to help manage the PC business!"
This means IBM's PC business will still be in Norio Ohga's hands. Although Norio Ohga will only be assisting IBM in managing the PC business, he will still have a say in it.
Norio Ohga had thought this through. They are not as good as IBM in terms of PC, and it's not a bad idea to let IBM manage the PC business. IBM is more experienced than them.
Furthermore, Norio Ohga will only be assisting IBM in managing the PC business, and Norio Ohga can easily take over the position of a director.
"President Norio, I have realized your sincerity. Give me a day, and I will give you an answer! "
Norio Ohga laughed and left. When he walked out of the door, he saw Feng Yu and Liu Chuanzhi walking over.
"Isn't this General Manager Feng Ohga and Director Liu? What's wrong? You are also here to discuss business with IBM? Forget it. I advise you all not to waste your time. You all will not be able to match my conditions! "Norio Ohga said proudly.
Feng Yu glanced at Norio Ohga. "I can't give you what you want? What a joke! Is Sony very rich? You can't even afford a movie company? Are you going to use leveraged buyouts again? Oh, I must mention that your English is lousy. Bring a translator with you next time. "
Norio Ohga was speechless. English is not my mother tongue, and it's enough that I can communicate with them. This is not a contract signing. Why do you need to be so polite?
Who says that Sony must use leveraged buyouts? We have sufficient funds now, and we are using our shares to pay for the loan. Why can't we afford the buyout?
IBM's PC business is only worth a few billion USD. We don't even need to take a loan to settle this. This is a typical case of saying sour grapes when you can't eat them.
I will let you be arrogant for now. When you know that IBM had accepted our offer, your expression will be interesting to watch.
I bet you did not expect that Feng Yu will lose his investment one day!
Norio Ohga left with a proud look on his face.
… …
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