Along the way, Cao Cao Dianping’s employees were whispering to each other, and their respective WeChat groups were almost occupied.
"Mr. Chen is awesome! Wang Xing came to our company in person. Are you going to raise the white flag and surrender?"
"Isn't that nonsense? When Wang Xing comes this time, he will definitely give in to Mr. Chen. It depends on how Mr. Chen talks with him!"
"It's so cool. I was kicked out by Wang Xing's grandson, and now I finally see his humble side!"
"Haha, how miserable our review department employees were at the beginning, how panicked are the magnesium group department employees now."
"Hey, thanks to our decisiveness in changing jobs, those grandsons insisted on staying in Magnesium Group. Are they stupid now?"
"Haha, you're right. Those grandsons are still dreaming of listing their magnesium group and becoming millionaires. Are they awake now?"
…
humiliation!
Wang Xing knew what those employees were thinking after just a few glances.
Even if a few of them pop up occasionally, he can still call them by name.
At this moment, Wang Xing hated his memory for being so good for the first time.
"arrive!"
Zhang Tao straightened out his suit and slowly opened the door to the conference room.
"call!"
Wang Xing also took a deep breath and walked straight into the conference room.
As soon as they entered the conference room, they saw a figure with his back to them.
When everyone entered the conference room, the figure turned around.
Although the person in front of him is handsome enough, Wang Xing is not a girl, so he just thinks his appearance is disgusting!
If it weren't for the man in front of him, how could he be forced to such a desperate situation?
"Mr. Chen, what a pleasure it is to meet you!"
Wang Xing almost said this through gritted teeth.
"Mr. Wang, I have been looking forward to you coming to my place for a long time."
Chen Dongcheng smiled and pointed to the seat on his right: "Mr. Wang, please sit down."
Wang Xing was not polite and directly took the magnesium group's people to sit down.
Zhang Tao, on the other hand, was sitting opposite Magnesium Tuan with Cao Cao's review team.
The two sides are clearly separated.
Everyone here at Magnesium Tuan is dejected.
Cao Cao commented that everyone held their heads high and held their chests high.
"Mr. Chen, it's been so long. There's no need for us to continue wrangling. Let's just go ahead and take a look at my final quotation."
Wang Xing directly handed Chen Dongcheng a document containing Wang Xing's bottom-line quotation.
After procrastinating for so long, Wang Xing finally reached a consensus with many investors.
As long as it's not less than 20 billion US dollars, they can accept it.
Of course, for the fund institutions that invested in the last two rounds, this merger was basically a waste of money, with little profit or even blood loss.
"Well, it seems that Mr. Wang is very aware of current affairs. I accept this offer."
Chen Dongcheng took a few glances and finally quoted a price of US$20 billion.
From 30 billion U.S. dollars to 20 billion U.S. dollars, it dropped by one-third.
Wang Xing's Waterloo this time was enough to wake him up for the rest of his life.
"Huh, Mr. Chen is really happy, so I'll go back and resume my life first."
Wang Xing also breathed a sigh of relief, finally settling the matter that had been bothering him for a long time.
"Mr. Wang, won't you stay for a meal?"
Chen Dongcheng closed the document and looked at the Patek Philippe on his wrist: "The time is right, we might as well discuss the affairs of the new company after the merger."
"No need, you will serve as the chairman of the new company after the merger, and Mr. Zhang and I will serve as joint general managers."
"After half a year, all traffic will be transferred to Cao Cao Dianping and Magnesium Tuan will be completely closed. What do you think?"
Wang Xing waved his hand and said with waning interest.
“Very satisfied.”
Chen Dongcheng smiled and nodded. What Wang Xing said was exactly what he did after annexing Dianping.
"That's it. I have to reply to other investors, so I'll excuse you now. If you have anything you want to talk to Mr. Chen, then seize the opportunity."
Wang Xing glanced at the senior executives around him who had different thoughts, and left directly with Guo Wanhuai and Wang Huiwen.
Ironically, no one on Magnesium Tuan's side dared to move.
"Haha, don't be formal, everyone. I still recognize your abilities. I have already booked a restaurant, and everyone will appreciate it."
Chen Dongcheng behaved very kindly, which gradually made the tension and anxiety in the hearts of everyone in the magnesium group subside.
For this group of people, Chen Dongcheng planned to select the elite and dismiss the mediocre and incompetent people one after another.
But for now, they are still crucial.
If we want to ensure that the merger of Magnesium Tuan and Cao Cao Dianping is smooth and smooth, we cannot do without them.
To them, it is nothing more than a frog boiled in warm water.
Zhang Tao will naturally handle these matters, so there is no need for him to worry.
…
"Cao Cao Dianping and Magnesium Group have formally reached a consensus, and Magnesium Group will be merged into Cao Cao Dianping and become an independently operated platform."
When this news came out, I don’t know how many people’s jaws were shocked.
But considering the difficulties magnesium groups have faced during this period, it’s not surprising.
Chen Dongcheng's circle of friends even posted a rare family photo.
What made many people laugh was that many magnesium group executives were among them.
Obviously, the king star of the magnesium cluster has completely betrayed everyone.
Even the top executives have betrayed, so what else is possible?
As for the specific agreement, it was also revealed.
Caocao Dianping has valued Magnesium Group at US$20 billion. After the merger of the two companies, a brand new company will be established called Caocao Group Buying.
The valuation has soared to US$50 billion, with Caocao Dianping accounting for 60% of the shares and Magnesium Group accounting for 40%.
Everyone still agrees with this division of equity ratios.
Of course, among the shareholders of Magnesium Group, there are also those who do not want Cao Cao to buy shares in the group.
Many foreign fund institutions are waiting for acquisitions.
In any market, once a monopoly is formed, the company's prospects are highly recognized.
There is no doubt that after the merger, Cao Cao Group Buying will be in a monopoly position.
In the food delivery market, Caocao Food Delivery + Magnesium Tuan Food Delivery have a market share of as high as 67%.
In the group buying market, Cao Cao Dianping + Magnesium Group’s market share is as high as 90%.
The two main businesses are both in a monopoly position. How could many outside investment institutions not be optimistic about it?
In the end, only Wang Xing and Wang Huiwen decided to sell their shares.
Wang Xing holds 4.4% of the shares in the merged company, and Wang Huiwen holds 0.28%.
Although these two people don't hold many shares, they attract a lot of bad wolves.
Many overseas institutions, like wolves smelling meat, have quoted prices for Wang Xing.
But according to what was previously agreed, both Wang Xing and Wang Huiwen’s shares were taken up by Cao Cao Dianping.
The two of them, especially Wang Xing, took away 2.2 billion US dollars directly.
But Wang Xing couldn't help but sigh. Compared with the future of magnesium, the money is nothing.
What's more important is.
Having missed the magnesium group, Wang Xing really can't think of any other industry that can give him the potential to become the third pole of the Internet.
Oh no, the fourth pole!
In the end, Cao Cao Dianping, who took over Wang Xing and Wang Huiwen's shares, won a big victory!
The proportion of shares held in the new company is as high as 64.68%!
And one of the biggest beneficiaries is naturally Tengxun.
Originally, Tengxun was the largest shareholder of Magnesium Group, with a shareholding ratio of 20.13%. It had previously acquired 15% of Caocao Dianping’s equity.
In the new company after the merger, Tengxun undoubtedly became the second largest shareholder, with a shareholding ratio of as high as 17%.
Although it seems that the equity has not changed much, you must know that the post-merger Cao Cao group purchase valuation is as high as 50 billion US dollars!
This investment in Tengxun can be said to be quite profitable!
What's more, is Tengxun short of money?
The game business is enough to make money every year, but what Xiao Ma is more concerned about is the traffic entrance of Magnesium Tuan and the transaction volume it brings to WeChat Pay.
It can be said that Brother Xiao Ma did not lose any money in this business!
For Chen Dongcheng, Xiao Ma is not losing money, but he is making money!