Hexagonal God

Chapter 517: Using Money to Attack the Richest Man

After hearing this, Su Mo finally realized that the critical point was coming.

In fact, Su Mo knew the approximate price very well.

In Times City, Yida invested approximately 6.5 billion yuan, with an initial capital of 6 billion yuan and later increased by 500 million yuan.

As for Yida Cinema Line, its current valuation of 15 billion yuan is in line with market conditions.

The two together amount to 21.5 billion.

Su Mo giving 22 billion is definitely very generous.

Even in general formal business negotiations, the price may be lowered.

But things are different now.

Lao Wang's attitude was very clear. As an opponent, Su Mo could clearly feel that Lao Wang was indifferent to this transaction.

He was in high spirits right now and was not short of money.

What's more, neither Times City nor Yida Cinemas are low-quality projects. They both have promising prospects and at least they will definitely not lose money.

It is basically impossible for a businessman to sell a project without losing money without raising the price.

Lao Wang is definitely a successful businessman. When it comes to business, if Su Mo's price does not satisfy him, he will definitely end the negotiation as he just said.

Giving Su Mo only one chance to make a quote is something he can definitely do given his personality.

So 21.5 billion is not enough, and even 22 billion is not enough.

What about 23 billion?
No, Lao Wang doesn't think highly of the 10 billion or 80 billion premium, and Su Mo knows this very well.

So Su Mo thought for a moment and made a bold offer.

"Uncle Wang, since you've given me this opportunity, I'll boldly say this: for both projects combined, I'll give you 26 billion. This is my initial and final offer. If you think it's feasible, you can sign the contract now. If you're not satisfied, I won't just walk away. I'll have a drink with you, Uncle Wang, before I leave."

This time, Old Wang, who had always had a bad attitude, was finally shocked.

In fact, his optimal psychological price is 25 billion.

He believes that the total cost of these two projects is 23 billion, and any higher would be a bit unrealistic.

He also vaguely felt that both Times City and Yida Cinemas were quite promising. He would definitely not sell them for 23 billion, and he didn't even want to consider selling them for 24 billion.

Besides, Su Mo came to ask for help. If he couldn't offer 25 billion, then the negotiation would be over.

But unexpectedly, Su Mo gave him a big surprise.

Twenty-six billion!
At this moment, Lao Wang felt like someone was throwing money at him.

As last year's richest man and a long-time wealthy man, Lao Wang can't remember the last time someone threw money at him.

That should be traced back to when I was still a young boy.

I always use money to throw at others, but today I was thrown at by others. This feeling is really new.

Moreover, Lao Wang had to admit that he was really tempted and the price was almost irresistible.

Even though his net worth is almost 200 billion now, the stock price is valuable only when you say it is valuable. Before, it was really worthless.

For example, Li Hejun, who had a net worth of hundreds of billions, became a penniless pauper almost overnight. How can he seek justice in this matter?

Oh, by the way, Li Hejun’s downfall seems to have something to do with Su Mo in front of him.

Something worth 22 or 30 billion was sold at a price of more than 3 billion, and even the richest man couldn't afford it.

Lao Wang hesitated for a moment, then asked Su Mo, "Why are you asking so high? I thought you could only ask for 25 billion at most, which is already very bold of you."

Su Mo shrugged lightly: "Twenty-five billion doesn't sound good, I like auspicious numbers."

Lao Wang finally couldn't help laughing.

"Hahaha! Good boy! You're awesome! I've never been convinced by anyone, but what you did today really impressed me."

"Then today, uncle will take advantage of you a little bit. I'll do as you say and sign the contract."

Lao Wang thought he had gotten the better deal, and Su Mo also thought he had gotten the better deal.

First, take over Times City. No matter how hard Old Xu struggles, his stake will never exceed his own, because Su Mo already controls 51% of the shares of Hengdian Film and Television City.

As for Yida Cinema Line, since there is no precedent for listing in the country, no one has thought of this yet.

When it came to Su Mo's hands, he only needed to make two hit movies, manage and package them, and then he could launch them on the market.

This cinema chain is valued at 200 billion in Lao Wang's hands, and it will only be higher in Su Mo's hands, not lower.

Moreover, Su Mo has an advantage that most domestic businessmen do not have, which is that he never relies on bank loans.

Therefore, his capital chain will not be at risk and he will not fall into trouble due to financial crises such as policy adjustments, central bank monetary tightening, etc.

Therefore, once it is listed, the stock price will not fall sharply, this is guaranteed.

A decisive factor for Hengdian Film and Television City, a project that may be worth 200 billion in half a year, it is more than worth paying an extra 1 billion to acquire it.

Both parties felt that they had gotten the better deal, so the signing went very smoothly.

Su Mo stayed in Dalian for two days, and both teams conducted a one-by-one handover. After all, there were quite a few cinema chains, almost 900 now, and with the number of international theaters approaching 1,000, the handover procedures were a bit cumbersome.

There is also the issue of personnel. Su Mo adhered to his usual style and the original employees continued to stay, but their status changed from Yida employees to Su Tang employees.

Su Mo just needs to arrange some employees who are loyal to him and the group to take over the financial work of these theaters.

Including Australia, Su Mo did not go there in person, but directly sent Liu Qing, the director of the Rongcheng Guild.

This is an old person who has been with me for a long time. She was the manager of a small bar at the beginning, and later took over the Rongcheng branch of the Su Tang Guild. Now that things at the guild have been sorted out, it is time to give her more responsibilities.

Moreover, Su Mo assigned Liu Qing a task, asking her to look at the high-quality water sources in Australia, including New Zealand. Su Mo had to have a clear idea of ​​this, because one day, the Su Tang Drinking Water Plant would be opened abroad.

On the Yida side, Old Wang has the final say and he didn't even discuss this matter with his son Wang Nianming.

Although the Future Group will be handed over to him sooner or later, Lao Wang believes that he is in good health now, and he does not intend to hand over the group until he can move again.

What's more, Old Wang really doesn't like some of his son's styles of doing things. It's hard to say what will happen to the group once it falls into his hands.

People from both sides worked together for two days, and by noon on the third day, all the handover procedures were finally completed.

Su Mo directly paid 26 billion yuan and acquired the unfinished Era City project and all of Yida's cinema chains across the country and Australia.

The deal was done and both parties were happy.

At noon, Lao Wang specially invited Su Mo to a banquet and had a meal together.

I have been so busy these past two days that I have been eating in the Yida cafeteria and haven’t had any big meals yet.

When dining in Dalian, seafood is the main dish. Lao Wang got the best seafood he could find here and had a drink with Su Mo.

They didn't drink too much. Lao Wang drank about six taels, and Su Mo drank about eight taels.

Old Wang was also dizzy after drinking six taels of wine, and he praised Su Mo a lot.

Talk about football, singing, even painting, playing cards and so on.

Lao Wang has a wide range of interests, and Su Mo can also talk about everything. The atmosphere of this meal was quite harmonious.

After dinner, Su Mo and Lao Wang said goodbye and took a private plane to Jinhua.

After obtaining the Qin Palace, Su Mo had not yet officially visited it. Now that he has obtained the Times City, he is already the largest shareholder of the group in name and it is time to go and take a look.

On Su Mo's way back, the transaction information here was also reported.

Both parties kept the transaction confidential to prevent any accidents. Now that the transaction has been completed, there are no concerns. Yida Group was the first to announce the news.

"Recently, Yida Group and Sutang Group reached a deal. Sutang Group acquired all of Yida Film's shares, an 11% stake in Hengdian Film Studios, the under-construction Era City project, and three years of management rights for billion yuan."

This is the general content of the news. As soon as the news came out, the business community was shocked.

The first person to be shocked was Old Xu from Hengdian.

Su Mo acquired Yida Group’s Times City!

Su Mo once again obtained 11% of the shares!
The total value of shares held by Su Mo has reached 51%, and he has absolute controlling rights!
I am no longer the chairman!

This news made Old Xu see stars, and he and Old Wu looked at each other in bewilderment.

Old Wu still has an 8% stake and a Dream Valley attraction, but Old Xu no longer wants them.

He has no money!

Taking over Hong Kong Street has almost bankrupted him, and he is now relying on loans to survive.

When acquiring Hong Kong Street, I had to ask people for help, do things for them, and give gifts, but it cost a lot of money.

I paid such a huge price but ended up not having a say. Was there any meaning in everything I did before?

At this moment, Old Xu felt a little discouraged.

Maybe I don’t need to keep my own shares!
Not only the business community was shocked, but also Lao Xu and Xiao Wang were shocked.

He had been happily thinking that if Su Mo wanted to become the chairman of Hengdian Group, he would have no way around this hurdle.

He even thought that when Su Mo came to him for help, he would take good care of Su Mo, and would never let him get what he wanted, and would even humiliate him.

But unexpectedly, Su Mo ignored him and went straight to find his father.

Is his father his biological father? Why didn’t he tell me about such a big thing?
It's a pity that he was supervising the construction in Times City these days, demanding that the construction must be done with excellence, and he didn't even pay attention to the affairs of the Red Panda Live Streaming Platform.

But he never expected that when he was doing a rare serious job, his house was robbed.

Xiao Wang quit on the spot and said he would quit!
These are all Su Mo's projects, why should I do anything about it? I wish this crappy place would catch fire.

He went straight back to Dalian, wanting to find his father to ask him what happened in person, and why the old man made the hasty decision without informing him.

As a result, after they met, Lao Wang dismissed him with just one sentence.

"I'm a businessman, what else could it be? It's all about money. Su Mo just threw tens of billions of dollars at me. What would you ask your father to do? Wouldn't you want to make money?"

Wang Nianming was stunned on the spot.

The richest man’s father was defeated by someone who paid him money. Is there such a thing?

(End of this chapter)