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As prices rose, some companies' stock prices also rose at an incredible rate in the 2010s.
"what?!"
Shen Yan's words not only shocked Wales, but also stunned Brown, who was standing next to him.
and many more.
Didn't they say they would only acquire Vogue?
How did it turn into an acquisition of Condé Nast magazine group?!
You should know that this is a world-renowned magazine empire!
Acquisitions like this are no small matter; they start at least in the tens of billions, and could even reach 200 billion.
It's still in US dollars.
"Boss, you...you...."
Brown stammered, unable to speak properly, and looked at Shen Yan with a hint of fear in his eyes.
He had thought about how rich Shen Yan was, and he had also imagined just how rich Shen Yan was.
He never imagined that the company would be bought out of nowhere.
Shen Yan glanced at him, then looked at Wales. After a moment of surprise, Wales immediately came to his senses and said seriously, "Okay, boss, but in that case, our investment team will need more time to analyze Condé Nast's stock price."
"In terms of time..."
Shen Yan took out his phone and sent a file to Wales: "I've given you everything you wanted. It contains Condé Nast's true financial situation over the years."
"I expect them to offer around 220 billion."
"But you can use what I sent you to negotiate a lower price. As for how to do it, you know better than I do."
Wales picked up his phone and saw a file with an enormous size. He opened it and read the first two pages, his eyes widening in disbelief.
He was filled with excitement; just by looking at the front, he knew the document was absolutely genuine.
He immediately replied, "Okay, boss, I know what to do."
"Well, there's another competitor this time, Facebook. You know, they messed with me, and I don't want them to get away with it too much."
Wales immediately realized that someone from Facebook must have offended his boss.
Otherwise, their own boss would never go to such lengths to annoy the other side.
He sighed helplessly to himself.
This is indeed something a boss would do.
Money can't buy you, but I'm happy.
Wales suppressed his helplessness and replied with a smile, "Okay, boss, I will do the relevant valuation here. However, Condé Nast is not a small company or enterprise. Its acquisition will involve many procedures."
"It will probably take more than 3 months."
That's not nonsense. Acquisitions by large enterprises and groups aren't something you and I can just agree on a price for and sign a document for.
The acquisition process inevitably involves multiple rounds of negotiations. In addition, Condé Nast is a company established by the United States, so purchasing it also requires going through the acquisition process.
For example, submitting documents to the US SEC for 563 review.
It involves an antitrust filing.
If it involves sensitive industries, a security review is also required.
Finally, it needs to be reported to the domestic authorities...
Of course, he doesn't care about things domestically, knowing there won't be any problems. But as for the US, once they start being shameless, they're capable of anything.
However, since Shen Yan dared to buy it, he was naturally not afraid of the trouble.
He has the power to overturn the table, and if he so chooses, he could immediately infiltrate the US nuclear missile system, detonate them all, and achieve a massive nuclear annihilation.
The main reason he didn't do that was because he was a civilized person who valued civility and promoted new social norms.
Well, the main thing is that he lives on this planet, so it's impossible for it to really be destroyed.
He won't do that until he finds another habitable planet.
He is Shenyang No. 5 Youth, Ambitious Person, Patriot, Nuclear Peace Ambassador, and Yan.
understand?
After giving his instructions, Shen Yan took the lead and walked straight towards the conference hall.
There were already people waiting outside. Although they didn't recognize Shen Yan, they recognized Brown and immediately stepped forward to greet him: "Hello, I'm Pudman. Are you Chairman Shen?"
Shen Yan did not answer. At this moment, Brown quickly stepped forward and said, "Secretary Pudman, this is Chairman Shen who has come from China to discuss the acquisition."
"I was abrupt."
"Please come inside."
"it is good."
Led by Pudman, the group went directly into the reception room.
204. In the initial negotiations, it's necessary to give them a strong start.
"Vice President, Chairman Shen is here."
Pudman, who was leading the way, shouted into the conference room.
Allen, who was sitting in the conference room drinking tea, suddenly perked up and looked towards the door.
Shen Yan walked in first.
From Allen's perspective, it was as if he saw a legendary emperor approaching, whose imposing demeanor made him feel even more apprehensive than if he had met his former boss.
He quickly stood up to greet him and hurriedly stepped forward: "Hello, Mr. Shen, I am the Vice President of Condé Nast Group. I have come to discuss the sale of Vogue with you."
"Hello."
Shen Yan immediately shook hands with Allen and pointed to Wales beside him: "Wales will be your contact person for this negotiation. I am here today because I was invited by you to attend Vogue's grand event."
"As the bible of the fashion world, I have high expectations for this Vogue Night."
"Oh, Mr. Shen, don't worry, this Vogue Night will definitely bring you an experience unlike anything you've had in China."
Allen said happily after hearing this.
As the vice president of Condé Nast, he was no fool who was easily fooled by the media. He had been to China many times over the years and naturally knew what kind of situation China was in now.
So I won't tell you it will be a night you'll never forget.
It must be said that Allen is quite sensible, unlike many people who are overly confident.
Humility can still be seen in him.
"I am looking forward."
After greeting Shen Yan, Allen looked at Wales, as they had naturally also gathered information about Wales.
He immediately greeted him warmly.
Wales also engaged in a warm conversation with him.
As they chatted, the group of people ended up sitting down at the conference table.
“Vice President Allen, let’s be business. I believe both sides are clear about the purpose of our meeting here.”
"However, I have an unexpected situation to discuss with you first."
"An emergency?"
Allen's heart skipped a beat.
Could it be that Chairman Shen is not going to buy it?
This was something he personally handled. When he came out this time, he said with certainty that he would bring back a number that would satisfy the Newhows family.
Seeing his expression change, Wales said in a relaxed tone, "Vice President Allen, don't worry, it's because our boss, Chairman Shen, is very interested in your group after learning about Condé Nast."
"Therefore, the acquisition plan was changed at the last minute, from acquiring Vogue to acquiring Condé Nast."
"We recently heard that you've been in contact with Amazon, and we wonder if we could also discuss this with you."
"Don't worry, we have already completed the capital verification before you came. This is our capital verification certificate, you can take a look."
Wales had someone bring the documents, placed them on the table, and pushed them toward Allen.
"this....."
Allen was a little confused by this sudden change.
The unexpected situation isn't just ending the acquisition negotiations, but rather they want to buy our entire group!?
Oh my god, has this Chinese guy gone mad?
Allen picked up the certificate in surprise, because it was for verification by a local bank, and he could understand it.
When he saw that Shen Yan did indeed have the asset certification to afford Condé Nast, his gaze towards Shen Yan became even more shocked.
Have the wealthy people in China become this rich?!
How could someone as prestigious as Condé Nast just buy things like that?
“Vice President, we will give you a number that will satisfy you. This is our sincerity. But before we show our sincerity, I hope you can also give me an explanation.”
Wales abruptly changed the subject, took a bag from his assistant, and dumped its contents onto the table.
When these things appeared, a Condé Nast executive sitting next to Allen changed his expression drastically, becoming extremely uneasy and feeling like he was sitting on pins and needles.
He clearly already knew what it was.
Allen then recognized what was on the table. His expression changed drastically, and he looked extremely pale. However, he quickly composed himself and looked at Wales solemnly.
"Mr. Wales, I'd like to confirm again, are these items truly from hotels under our group's umbrella?"
"Of course, our Chairman Shen discovered it when he returned to the hotel yesterday. However, our president firmly believes that it has nothing to do with your group and was only done by a few individuals for their own benefit."
"So we didn't make it public, but not making it public doesn't mean the matter will just end there."
After speaking, Wales stood up, took the documents from his assistant, and politely handed them to Allen.
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