God of stocks chapter 403
Chapter 403 Uncovered Acquisition Negotiation (1)
The current acquisition negotiations were not going to be insane. The acquisition process and the reason for the takeover were incomprehensible acquisition negotiations that did not make sense to third parties.
“If I was wrong, I could have been in the back of the head. If you were like me, you would have left your seat.”
“If there was something called pride, I wouldn’t even have come here in the first place. no. Maybe he didn’t even think about taking over Lehman. I think it’s wrong to think that way. Old people who were old and lived only in past policies are gathering together to try to ruin the future. They don’t even think about what’s going to happen after taking over because they’re fascinated by the rice cakes that will fall on them right away. Such old people are in control of the current regime, so it is very exciting.”
Even now, even Jo Young-jin was blaming the place where he explicitly instructed to proceed with the acquisition negotiations. It seemed that because he had participated in the acquisition negotiation process directly, he experienced things he did not know and was filled with dissatisfaction.
Jo Young-jin said to Lee Sang-hoon, calming his feelings of exasperation for a while.
“Lee brother. I came here because I wanted to ask Lee for one thing.”
“Please?”
Lee Sang-hoon was puzzled by the urgency of Jo Young-jin.
If you were thinking about who would not ask you in your life, Cho Young-jin would be the number one person. I was better than myself in all respects, had more, and didn’t seem to have a personality that couldn’t give, so I had never thought that if I got help, I won’t get help.
When Jo Young-jin talked to Lee Sang-hoon, asking for help, I felt a foreigner.
Still, Lee Sang-hoon said with a gentle smile toward Jo Young-jin. It was because he knew that he could gain several times in the future by accepting this request.
“Is there anything I can do to help you?”
“There is. This is what only Lee can do now. Please bridge with Infinity.”
“The legs? What leg are you talking about? Isn’t that the person you know better than me? I don’t think I didn’t have a relationship with Director Hong when I saw you at the last party.”
I was talking in the thought that if I knew it, I would know better than myself, because I worked in the same industry for many years, but Jo Young-jin shook his head at Lee Sang-hoon’s words.
“What I’m trying to meet now is asking for a seat to ask for help in a special situation. Just because you know your face in such a place, you cannot contact you. So, I need someone to bridge the bridge in the middle, and this brother, who is trusted by both me and Infiniti, is the right person to ask for a favor, so please listen.”
“Is it because of the story that we talked about that flows out of America in the evening?”
It was Lee Sang-hoon, who thought that there was the only story that could make Jo Young-jin difficult. And whether that thought was correct, Jo Young-jin nodded and answered.
“Yeah. It is because of that.”
“If I meet with Infinity, can I change the situation?”
“I have to change it. On the other side, when the story comes out, we have already created an article to spread it at the same time. It is my judgment that the only way to overturn it is to shake it inside.”
“It means that shaking inside makes all the participants shout opposition in one voice.”
It was the best way, but it could be the last thing. If it goes well, the acquisition negotiations could be abolished due to the opposite in the process of collecting opinions, and if it went wrong, it would become a traitor to the attempt to negotiate acquisitions.
“Yes. Until now, I was forced to be dragged and watched the situation, but I don’t think it will work anymore.”
“Okay. Then I will build a bridge with Isa Hong.”
“I thought you would build a bridge with Isa Hong. At the party at the last hotel, I thought I was close to each other, so I guess I wasn’t wrong.”
Jo Young-jin smiled with his expression loosened as if he had relieved much of anxiety at Lee Sang-hoon’s words.
Lee Sang-hoon looked at him and smiled face to face and made a phone call to Infiniti’s Director Hong. He answered the phone without ringing a few times. And even though I only talked about the name of MMK’s Youngjin Cho without any explanation, I didn’t ask for a detailed explanation of the meeting.
If it was already dinner time, there were only a few hours left, and if a seat was promised, it was so tight that we had to leave immediately, but as if we were waiting, Infiniti’s Director Hong told the meeting place and told us that we would meet later.
Jo Young-jin stood up and said, looking at Lee Sang-hoon making a confused expression after hanging up the phone.
“It seems like you were also waiting. There seems to be something that communicates with each other. I don’t think today’s meeting is bad. Where do you say the place is?”
Lee Sang-hoon also stood up and said the place, looking at Jo Young-jin, who took the attitude as if he had heard the phone from the side.
“Wouldn’t it be nice to meet you quickly? He told me where to meet by text, but he wants to see you here.”
When Lee Sang-hoon showed the address to Jo Young-jin through a mobile phone text message, Jo Young-jin laughed at the address.
“I guess Infiniti couldn’t just leave the current situation alone. It’s a familiar place, so I think you can follow me. Let’s go. If you depart now, you will arrive in a similar way.”
“Is it with me?”
“of course. You arranged, but you have to go together. Isn’t it?”
Although he was asked to let go of the bridge, it was burdensome to go together, so Jo Young-jin inevitably dragged Lee Sang-hoon to the place of appointment.
I arrived in front of the building with a shabby-looking exterior.
However, as I said a little while ago, Jo Young-jin dragged Lee Sang-hoon and entered the building without hesitation.
Lee Sang-hoon talked to Jo Young-jin while walking away from the luggage piled up in the corridor.
“Where have you come?”
“I have followed my father several times before.”
“If it’s a father… … . Are you saying that you’ve been with MMK chairman?”
“Yeah. It’s not often, but it’s a favorite place to talk about important things with people in your industry. The food is good and it’s quiet to talk about… … . Above all, it is located in the center of Seoul, so the biggest advantage is that no matter where you come from, there is nothing very uncomfortable.”
As Lee Sang-hoon was dragged, I imagined that the inside of the building was decorated with an elegant interior unlike the outside.
I entered with anticipation of the atmosphere like the private club in Gangnam, where President Sun took him in the past, but when I went inside, I had a rather strange thought in a shabby atmosphere than what I saw from the outside.
“Is this right?”
“Yes. It’s been a while since I’m here, but it’s still the same.”
The place where I opened the transparent glass door was nothing more or less than a normal restaurant that can be seen anywhere in the neighborhood.
There was a place where you could take off your shoes and sit down to eat, but it wasn’t a place that was divided into rooms or closed with partitions to distinguish it from other guests.
Also, as for the food to be sold, it was a restaurant that looked just right when it was attached to a market barrel where most of the types of food were sold, such as pajeon or kimchi.
Lee Sang-hoon did not ask in detail when Jo Young-jin said that this place is correct.
Inside the store, the customers seemed so secluded that they were everything.
When Jo Young-jin and Lee Sang-hoon had just sat down, the door opened and Director Hong entered.
Among the faces of Director Hong Lee Sang-hoon met, he came to the seat and reached out his hand to Jo Young-jin.
“long time no see.”
“How are you? Congratulations. I heard that you were seated as the CEO. I should have said congratulations first, but since I started asking for it, I think I’m not too concerned about it.”
“Hahaha. Fine. I heard a lot of thanks from my father. First of all, please sit down.”
Director Hong has been inaugurated in the position of CEO whom he has longed for. As Chairman Tang was in the process of withdrawing from the front line, he was the first to hand over the decision to Korea to Director Hong.
Director Hong sat across from Lee Sang-hoon and Jo Young-jin in a relaxed posture.
“CEO Lee. Your grades were terrifying. Are you okay?”
The amount invested in SH Partners was an insignificant amount from Infinity’s point of view, but the amount returned as a profit was put in a monthly amount that cannot be ignored. It hasn’t been a few months since the investment was made, but since the principal was recovered, it was making a bigger return than anything Infiniti has recently invested.
“I know what you are worried about. But now I won’t be able to afford it. It’s hard to go back. You can assume that your seat is in that extension.”
“I know. Then, let’s stop talking about the current situation and talk in earnest. How can I help you?”
“There will be news this evening that the Korea Development Bank is trying to acquire Lehman Brothers. And tomorrow morning, on the front page of the newspaper, a message will be written through each media outlet that welcomes Korea to have a large-scale investment bank in the world. We have already reviewed what will be written in the newspaper, so we will not be able to stop it. So what I came up with would be to gather the stories of FIs who are likely to participate as financial investors.”
“Isn’t FI selected?”
Director Hong listened to the story with his arms folded at Jo Young-jin’s words and gently bowed his head. Jo Young-jin was talking about him with a serious expression.
Lee Sang-hoon, who is not directly participating, but who thinks he is wearing a toe or so, just quietly listened to the conversation between Jo Young-jin and Director Hong.
“Because the amount is large, several more places have expressed their intention to participate, and the Korea Development Bank has agreed on it. And, as you may know, Infinity is the number one place. When it comes to cash mobilization, Infiniti is an investor that KDB cannot give up.”
Isa Hong said, pouring the makgeolli served in the Yang-eun kettle into a bowl.
“So, let’s talk about the fact that the current acquisition is unfair from the inside rather than the outside talk, no matter what the press or whatever. But will that be of use now? Isn’t the decision out? From my point of view, it would be better not to take part in finding excuses rather than raising horses like that?”
“You know, in the current regime you can’t choose. It is the reality now that when you are chosen, you have to follow it.”
At Cho Young-jin’s words, Director Hong nodded and agreed.
In words, he said he would find a way not to participate, but in reality, when he was chosen, it was clear that he had to abandon what was going on and concentrate on what the government was trying to do.
Director Hong shook his head from side to side and looked at Jo Young-jin.
“What are you going to do if you shake the atmosphere? We still have a reason to refuse to participate in the shaking atmosphere, but will you be able to get out of the state of participation?”
“If we get out alone, it will block us from getting out. But if everyone bounced off, wouldn’t it be impossible to stop it?”
“Is that saying you’re breaking the deal?”
“The current state of Lehman is that we have to worry about the existence of the company the moment it takes over. Even if the grandfather of the Korea Development Bank, not the Korea Development Bank, arrives, they hug and die. You’re touching places that you should never touch.”
Lee Sang-hoon looked at Jo Young-jin sitting next to him.
I already knew that Lehman’s situation was extremely bad because I heard Lehman’s story from Jo Young-jin several times. But now in his words, I felt that Lehman’s insolvency was greater than he had imagined.
“From what I heard, I knew it wasn’t good. How much insolvent is that so?”
In response to Director Hong’s question, Young-jin Jo took the makgeolli in front of him. Then I picked up the snacks, put them in my mouth, chewed them, and calmed my mind for a while, and then I started talking.
“The amount of Lehman’s debts we have identified is more than $200 billion. Even that is a number that has been tentatively confirmed without being fully identified. As you know, this CDO or what monster is entangled and entangled, making it difficult to identify insolvency. Our team has been wrestling with the papers for several months now, but we can’t figure it out.”
“So the minimum is 200 billion dollars? The minimum price is 200 billion dollars?”
Isa Hong’s expression, who had been sitting with a relaxed expression until now, turned blue. And Isa Hong drank makgeolli several times without bringing chopsticks to the seafood pan in front.
Lee Sang-hoon was also thirsty. I felt like my hair had turned white at the 200 billion dollar word.
‘In this situation, taking over does not end only with Korea Development Bank.’
There was a high possibility that it would be a bomb that could destroy all the Korean economy with dominoes, not just the industrial bank. No matter how much Lee Sang-hoon and SH Partners, who had a lot of energy in the lower part of the loan deal, did not want this kind of situation.
In addition, he said that only 200 billion revealed. If it bursts out to what was not revealed, it might not have been possible to dare to predict the end.
Director Hong’s decision did not take long. This is because listening to Cho Young-jin’s story and worrying about his nationality was a problem to question his nationality.
“good. I will empower you. First, as soon as the story comes out, we will spread negative opinions to the market. And even where we are related or familiar, we will continue to talk about it.”
“I’m too weak, but I’ll help. We’ll process the negative story and solve it all weekend.
Lee Sang-hoon also started thinking that he couldn’t be still. As it is, it is because the KDB’s acquisition of Lehman was beyond the scope of madness.
korean novel God of stocks chapter 403
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