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Chapter 189 187. What? Bomi wants to buy Blizzard?!(2/2)

Although Professor Fang is so old, his body is really great. He is about the same as a middle-aged man in his forties or fifties. He doesn't feel dizzy or beat when he takes a plane.

It's really admirable.

Originally, Cao Yang wanted to change to a younger legal officer, otherwise the 11-hour flight would be exhausted and a broken bone.

However, Professor Fang was very persistent. She felt that she was the head of Bomi’s legal department and had not helped Bomi well so far. How could she not accompany her when she negotiated the acquisition?

Teacher Fang seemed extremely excited, and Cao Yang had no choice but to do anything to her.

However, after getting off the plane, Professor Fang's legs and feet swelled, his whole body was sore, and he couldn't walk at all.

Cao Yang could only find a cart to push her.

"So why are you doing this? Isn't it good to find a young legal officer to follow me? Why do you suffer from living here?"

Professor Fang rolled his eyes, so angry that he didn't want to speak.

...

It was already past 11 o'clock in the evening when I arrived in Paris.

A few people went to the Four Seasons Hotel that had been booked long ago, and then stayed comfortably for one night.

At 12 o'clock in the evening, Professor Fang came to knock on Cao Yang's door, which scared the young man.

"Do you want to go to the Arc de Triomphe overnight?" Professor Fang raised the corner of his mouth, "To be honest, I have never been to Paris before, but I have lived in the United States for a while."

"What are you doing? You are so old."

Cao Yang originally wanted to say that Teacher Fang had finally come here, otherwise he would indulge her for a day. But if you think about it carefully, it would be pitiful to have an old Chinese woman at night, and her legs were not flexible, so she would be pitiful if something went wrong in a foreign country.

So he still dissuaded her.

"It's so late now, I'll get up early tomorrow to negotiate with others.

My jet lag hasn't even reversed yet.

Otherwise, after we finish this talk, if we have free time, we will go there."

Under Cao Yang's persuasion, Professor Fang gave up his plan to visit Paris at night.

...

The next morning, Cao Yang and his group arrived at Vivendi Building on time according to the agreed time.

I took the elevator and waited in the guest room for a while before I entered a meeting room of the company.

The French asked Cao Yang and the others to sit down, and then the two sides discussed the intention of the acquisition.

Fultu looked at the bids given by Bomi and said, "We have already read your company's bids. The contents in them look very detailed, but there are some specific things I want to discuss again."

After he finished speaking, the translator translated it conscientiously.

"Yes." Cao Yang nodded, waiting for his speech.

"I think your company is planning to provide the acquisition price of Vivendi's game business unit to US$400 million." Fultu frowned, "This is very different from our expectations. We are not sure whether the other party has enough intention to acquire it, so I want to discuss this part again today."

After listening to the translation of the young lady, Cao Yang said calmly, "It is entirely reasonable for us to give a valuation of US$400 million. We have found a third-party agency before and conducted a comprehensive investigation of your company's game industry.

In the second half of 2002 alone, the loss caused by the game business unit reached an astonishing US$59.5 million, with a loss rate of up to 4%.

Although global sales look good, the cost is actually very high…”

Cao Yang took the report in his hand and reported the revenue of each game developed by all the subsidiaries under Vivendi last year and the revenue of each game, as if he had known it. He also gave his own reasons for valuation.

"We gave a valuation of $400 million, which is already a very reasonable price."

Among the companies under Vivendi, Blizzard is the most profitable one. Blizzard is a well-known king of vote-skipping. Although each game looks good and can sell very high sales around the world, once you calculate, you will find that it may take them three years to sharpen their swords or five years to sharpen their swords. If such profits are spread to the time, they will actually lose money.

That is, Blizzard can make high-quality products to block Youyou's mouths. Otherwise, according to this method of sharpening a few years and having a very low return rate, Vivendi should have attacked Blizzard long ago.

"Um……"

Furtu frowned and thought for a moment, and did not immediately answer Cao Yang.

After a while, he spoke, "But have you ever thought about such a problem? The valuation of the game business unit cannot only see the past, you have to see the value that our games can generate in the future."

Fultu flipped through the notes in his hand and said, "There are 340 games under our company, of which 52% are original products, 30% are authorized products, and 14% are third-party products.

In the global gaming market, Presbyterian Games ranks sixth, accounting for about 5% of the market share.

In terms of scale, the value of the game business unit is far more than 400 million yuan. At the same time, I hope your company can see a little more-

We have a large number of original copyrights, which can produce great economic benefits in the future.

So I think it is very unreasonable to estimate 400 million."

This is a damn...

The Frenchman in front of him may not understand games, but it is obvious that he understands movies very well and also knows the value of copyright.

Cao Yang frowned, "Then what price do you think you should register to be appropriate?"

Fultu thought for a moment and said, "It costs at least $2 billion."

In fact, there is no need to think about it at all, because they have already calculated the number internally and everyone has uniformly obtained.

groove!

2 billion!

You really dare to speak loudly.

What’s wrong with me buying $2 billion? Is it a broken game company below you?

Blizzard is actually not that amazing, and Cao Yang values ​​their IP.

Since World of Warcraft, Blizzard has begun to go downhill.

However, the IP of Warcraft is valuable.

To be honest, Cao Yang is not that rare.

"Sir," Cao Yang held it in a moment and shook his head, "This price must be inflated, and I believe you know this too.

You cannot also count the value of exclusive intellectual property rights.

Or, you overestimate the value of these property rights.

Because how much these intellectual property rights can be worth in the future is still unknown, they may be worth a lot of money or they may be worth nothing.

But judging from the current market reaction, I only know that your company's gaming business department is questionable in terms of profitability.

Take Blizzard as an example. The output time is long and the output is small. Although it has a certain reputation, it is generally a loss.

So, we can't give $2 billion as much as we analyze the results rationally."

2 billion, why don’t you grab it?

It’s not that Bomi doesn’t have this strength. At worst, he can just sell all the stocks on the US stock market. Now Bomi holds at least $3 billion worth of stocks on the US stock market.

But Cao Yang felt it was not worth it.

...

The negotiations lasted for a whole morning and both sides were very persistent.

Cao Yang felt it was not worth it. Vivendi was also a group of old stubborn people and didn't let go at all.

So the negotiations were deadlocked.

At 12 o'clock, Furtu stood up while rubbing his painful eyebrows, "Go to have a meal first, Mr. Cao, we welcome you and hope to invite you to dinner together."

So a group of people went to have a meal first.

After dinner, continue in the afternoon.

Another 5-hour tug-of-war.

Vivendi relaxed a little and promised to sell it to Bomi for $1.8 billion.

Cao Yang had the urge to turn over the table.

...

Damn, why is this negotiation different from the past?

I didn't feel that difficult before.

Is it so difficult to talk about French guys?

Professor Fang next to him knocked on the hard leg. Although he didn't say anything, his expression also revealed great pain.

Cao Yang raised his eyebrows and said I wouldn't let you come.

...

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