Game Development Giant

Jester also isn't worried that Microsoft's board of directors will reject his ideas.

In fact, it is not a bad thing for them to be able to join Jester in their camp.

Moreover, this can also save a lot of cash.

At this time, cash flow is the most important thing for a company. Although the money is not much for Jester now, it is very important to Sandy Wei, who is currently actively contacting Morgan Stanley. For me and his newly reorganized Travelers Group, we need a lot of funds.

During this period of time, Travelers Group is raising a lot of financing, and if Jester wants to maintain its stake in Travelers Group, it can only continue to raise funds.

Perhaps only a very few people know what Sandy Weir's real plan is.

That is to let Travelers Group, currently the hottest financial investment group on Wall Street and the most profitable financial investment group last year, merge with JPMorgan Chase, the real controller of Wall Street with a century-old history.

Jester knew Sandy Weir's plan and even knew the final outcome of his plan.

Finally, when the two parties discussed the final step, JPMorgan Chase rejected Sandy Weill's proposal for some unknown reason. The final outcome was beyond many people's expectations, although Travelers Group did not successfully merge with JPMorgan Chase. , but they finally succeeded in merging with Citibank. This was the largest, most amazing, and most influential merger case in the entire 1990s.

Two behemoths who could control Wall Street came together.

It also made Citibank the most influential financial investment group in the world at that time, firmly suppressing their old rival JP Morgan Chase.

And Sandy Weill also relied on this merger to successfully become the chairman of the board of directors of Citibank after the merger, becoming the real leader of this Wall Street behemoth, and also the entire Wall Street, the entire United States, and even the entire world. The most powerful person.

Jester's plan for more than ten years was for the merger of Sandy Weir.

Now. The merger plan has officially begun. For Jester, the wheel of fate has begun to turn. He only needs to wait quietly, and then continue to replenish his funds to the Travelers Group to maintain his travels. Just take shares in Travelers Group, although after Travelers merges with Citibank, your investment will not grow much.

However, with a director's seat that can attend Citibank's board meetings and hold a large number of voting rights. Needless to say, in the United States, and even in the entire world, he will be a decisive figure.

However, in this way, the financial pressure on Jester will also be great.

Basically, more than 70% or even 80% of his working capital has been invested in this.

Microsoft seems to really take the Windows issue very seriously. Three days after Jester's proposal was forwarded to Microsoft's board of directors through Bill Gates, Jester received it personally from Bill Gates. Response from Microsoft's Board of Directors.

first. Microsoft's board of directors agreed with Jester's solution.

They agreed to use Microsoft shares in exchange for part of the ownership of Windows, but rejected Jester's idea of ​​adding money in exchange for 15% of the shares.

It is true that Jester gave this price. It’s really not that low, at least it’s a little higher than Microsoft’s current stock price on the market.

However, Microsoft insists on taking back the ownership of Windows from Jester. Naturally, I am extremely optimistic about the potential of this thing. It is foreseeable that after the release of Windows. Microsoft's stock price will soar significantly. Therefore, after repeated discussions, they failed to pass the request for 15% of Jester's shares because they could not reach a unified opinion internally.

The offer given by Microsoft's board of directors was only 8% of the shares.

In fact, Jester had no intention of getting Microsoft to agree to his previous offer. When Bill Gates said he agreed, he only meant that he agreed with Jester's investment in Microsoft, not 100% as he said before. Fifteen of the shares.

You know, with 15% of the shares, it is the third largest shareholder in Microsoft, second only to Bill Gates and Paul Allen.

This is something many on the board would never agree with.

This was originally a matter of asking for a high price and paying back the money. After getting the reply from Bill Gates, Jester immediately made his second offer. He increased the cash to one billion U.S. dollars, still asking for hundreds of dollars. Fifteen percent of the shares, and this one billion US dollars is basically the largest amount of liquidity that Jester can use to guarantee his shares in the Travelers Group.

Of course, in Jester's eyes, Citibank's shares are the most important to him in the future, and Microsoft has to shy away from this matter.

Although Jester knew that after Windows was released and became a big success, Microsoft's stock price would skyrocket to an incredible level, but despite this, it was still not as important as Citibank in Jester's mind.

The second discussion took longer, but compared to an acquisition of more than one billion US dollars, seven days is really not a long time. It is really because Windows is too important to Microsoft now, and they need to get it as soon as possible. , was able to discuss Jester’s second offer so quickly.

Otherwise, an acquisition of this level may take a year or even several years to complete.

The answer given by Microsoft this time was also rejection. The answer they gave was that they could only agree to the 12% share application. Moreover, Microsoft obviously did not want to continue the price increase like Jester, and it also made it clear that it Their attitude is that 12% of the shares is their maximum possible concession, and no matter how much Jester offers in the future, they will not change.

Although Jester scoffed at this answer, if he added several billion dollars, Microsoft's board of directors would not really refuse.

However, now he really can't come up with so much liquidity to do this kind of thing.

Moreover, Jester has never thought about controlling Microsoft. Jester is already overwhelmed by managing a game company, let alone a high-tech company that is many times bigger than Mars Entertainment? (To be continued...)