Reborn multinational giant

Chapter 717 58 Tongcheng Holdings Catch-up Network

(Previous chapter is forbidden, I'm trying to save *_*)

Back in early April, Yao Jinbo, founder and CEO of 58 Tongcheng, had just returned to Yanjing after class at Lakeshore University. As for Fang Zhe's promise to help him promote 58 Tongcheng's merger and catch up with the network, Yao Jinbo was very concerned. Therefore, as soon as he returned to Yanjing, Yao Jinbo convened a shareholders' meeting to prepare to push the matter forward.

With the support of the 58th largest shareholder and thigh of Tongcheng City, the 58th Tongcheng Board of Directors quickly passed the resolution of merger and catch-up net. The rest, it depends on how to handle the catch-up net!

What Yao Jinbo didn't expect was that he didn't wait too long. Two days after he returned to Yanjing, Yang Haoyu, the founder and CEO of the catch-up network, voluntarily called and said that he would meet him at a pub in Sanlitun. Yao Jinbo naturally agreed without hesitation.

On the way to Sanlitun by car, Yao Jinbo had a speculation and intuition in his heart. He felt that Yang Hao's reason for asking him out was related to the 58 merger with the city and the catch-up network.

The two old opponents who had fought for more than 10 years felt a little embarrassed to meet, whether Yao Jinbo or Yang Haoyong. However, this did not prevent the two sides from familiarizing themselves with each other.

At this time, Yao Jinbo's heart was excited, while Yang Haoyuang's heart was lost and confused.

Speaking of which, Yang Hao Chung took the initiative to find Yao Jinbo, the culprit behind it was Fang Zhe!

Only when Fang Zhe was in class at Lakeside University, he publicly proposed that he intended to help Yao Jinbo and 58 merge and catch up with the city. Fang Zhe's remarks, along with the students from Tiannan Hai North and the online broadcast of the Lakeside University class video, spread all over the domestic Internet.

After hearing this news, the shareholders of the catch-up network also became nervous. The conglomerates want to help 58 merge with the city to catch up with the network? That's a good thing!

After Jun disappeared and merged quickly, shareholders quickly received a huge profit return. How can shareholders who are chasing the net not be active when it is their turn to do such a fine thing?

Subsequently, Yang Haoyuang, the founder of the catch-up network, was forced into the palace on the board of directors of the catch-up network!

“President Yang, sell it. We've been fighting with 58 in the same city for so many years. We've always been a dick. It makes no sense to shoot again!"

“Yes, President Yang, nowadays, 58 with the city holding the thighs of the hustlers, with the hustlers behind, we can't win 58 with the city!"

“I think the merger of the two families is quite good. You see, the merger is quick and safe. The valuation in the capital market has increased considerably, and the merger is beneficial to both shareholders!"

“Lao Yang, you have also started a business for so many years, the financial freedom that should be realized has also been realized, and the rest should be considered for our brothers!"

In this way, Yang Hao Chung was forced by the shareholders of the catch-up network who fell without war to Yao Jin Wave.

“Smoke a cigarette?" Yao Jinbo looked at Yang Haoyuang's old opponent, who was a little rusty, and took the cigarette out of his pocket and passed it.

Yang Haoyong did not refuse, even though he was a person who never smoked, but now he seems to ignore these.

“Cough!" Yang Hao, who had just lit the cigarette and smoked, choked himself up, but he was stubborn enough to continue smoking.

Yao Jinbo also lit a cigarette and smoked with him.

Until there were six or seven more cigarette butts in the ashtray between them, Yang Hao took a deep breath and said:

“Didn't you always want to merge and chase the net? I'm here to make a deal with you!"

Yao Jinbo's pupils were enlarged. Although the matter had already been nailed on the board, when he heard the old friend who had fought for more than 10 years in front of him personally admit that he had lost, his heart was still full of joy.

Yao Jinbo struggled to control his emotions. He didn't want to expose his overzealous expression in front of his old opponent.

“I can promise you to leave the catch-up network after the merger, and even stop serving as a shareholder of the catch-up network, but you need to assure me that in the future, I will still let the catch-up network operate independently. A group of my old subordinates and a lot of people from the company will start a business with me. I don't want them to reach middle-aged age and face the same situation of unemployment as me!" Yang Haoyu proposed the first condition.

Yao Jinbo thought about Yang Hao Chung's conditions. Although Yang Hao Chung was a "loser", he would not be foolish enough to agree to Yang Hao Chung's conditions out of sympathy. He merged himself with 58 in the same city to catch up with the net in order to be bigger and stronger, to make money, not to find a father to serve 58 in the same city!

A few minutes later, Yao Jinbo gave the answer: "I'm sorry, I can still consider the independent operation of the catch-up network, but you said you don't want to see many of your old employees lose their jobs. I think President Yang should not make it difficult for me, which will cause trouble for us to take over the catch-up network in the future!"

Yao Jinbo did not mention Yang Hao Chung's exit from the chase net, because his exit was an inevitable event. If Yang Hao Chung remained in the chase net, should his old men listen to him or Yao Jinbo?

Yang Hao Chung was silent. Although he knew that Yao Jinbo would not easily agree to this condition, he still did not expect that he would refuse so firmly. Once upon a time, Tianzi and Chen, Yao Jinbo and 58 naturally did not want to take over the catch-up network after all of Yang Hao Chung's old subordinates. Instead, he was a core executive. The closer he was to Yang Hao Chung, the more he needed to be cleaned up. Realization, it was so cruel.

Yang Haoyong strangled his innocence. To put it bluntly, the catch-up network was merged by 58. With the exception of some shareholders of the catch-up network, it was not good for everyone else in the catch-up network.

Yang Hao lit up the cigarette again and Yao Jinbo started smoking with him again.

After five or six more cigarette butts were added to the ashtray, the whole house became smoky.

“Some shareholders did not intend to exit completely, and they hoped that the merger of the two companies would still allow them to hold shares in the catch-up network.” Yang Hao chung said again.

Yao Jinbo nodded without hesitation. In fact, he never thought of fully acquiring the catch-up network. He just wanted to become a major shareholder and controlling shareholder of the catch-up network. This way, the entire domestic classified information navigation website would become the world of the same city. He could also touch the market value of 10 billion dollars and make more effort to explore other racetracks or overseas markets, breaking through the ceiling of the same city as 58, as the party always said in the lecture at Lakeside University!

Next, Yao Jinbo and Yang Hao Chung began negotiations on 58 mergers with the city and various details of the catch-up network, such as which shareholders of the catch-up network exited, 58 how much money to invest in the city, how many shares to occupy, how to operate after the merger, etc.

Although Yang Hao Chung was destined to leave, he could not leave a mess without responsibility to kiss his ass and go straight away. He could compete for some benefit for the old subordinates who were chasing the net. Yang Hao Chung naturally tried to compete, and Yao Jinbo, although anxious to merge the net, did not want to forget the shape and voluntarily promised Yang Hao Chung the conditions.

It was not until more than five hours later that the two people reached an initial consensus on a lot of issues. The remaining subdivisions will have to be handed over to the following people for discussion. At the same time, it also includes due diligence work on the catch-up network, etc.

Since the meeting between Yao Jinbo and Yang Haoyuang in early April, 58 the process of merging with the city and catching up with the network has been an orderly and rapid pusher, and until late April, the negotiations between the two sides were largely completed.

On April 25, 58 and the joint catch-up network jointly announced publicly that 58 and the city will obtain 43.2% of the shares after the catch-up network is fully diluted with 34 million ordinary shares and 412.2 million USD, 58 and the city will become the first shareholder and controlling shareholder of the catch-up network!