v3 Chapter 776： Launch an acquisition (1/2)

”Mr. Barn, the company’s stock is not for sale in our company. I am very optimistic about its future. That’s why I have been increasing its shareholding in the past four years. So I’m sorry, I will not sell it and let you go for nothing. Up.”

In Berkshire Hathaway’s chairman’s office, looking at a manager of Merrill Lynch’s M&A department sitting opposite, Buffett suppressed the urgency in his heart and refused with a serious face.

Before coming, Barn had prepared the relevant information, so he knew that Buffett was right. Berkshire Hathaway had been increasing the company's stock.

But for Buffett's non-sale remarks, he sneered at it, believing that this was Buffett's pavement for raising the price.

He has been in the financial industry for decades and has already seen the true face of Wall Street. Here, there are no non-sale items. As long as you have US dollars, you can buy everything you want here.

If you can't buy it, then there is only one possibility-the dollar is not enough!

Barn smiled and said: ”Mr. Buffett, I have made relevant preparations before coming, so I think we should be honest with each other. The company seems to be improving, but the unknown risks are too great, because of this. We at Merrill Lynch will lower its rating.”

”Berkshire Hathaway's current shareholding ratio is a bit embarrassing, and your strength is not enough to eat it. Instead of getting into a fight, it is better to withdraw in time.”

”Last year, Berkshire Hathaway's revenue was very high, but if it gets into the quagmire because of the company's competition, it will be very detrimental to your company.”

Buffett didn't change his face, but his heart sank. From Barn's words, he heard some potential meanings.

Is this threatening him?

He frowned and said tentatively: ”Mr. Barn, I remember that Merrill Lynch is the company's third largest shareholder. May I know who your stocks are sold to? Who is buying?”

Buffett is not sure if Merrill Lynch itself is acquiring, this is just his tentative question.

Although Barn said that Merrill Lynch lowered the company's market value, it cannot be ruled out that Merrill Lynch would suppress the company's market value by itself.

Barn is certainly not stupid enough to let Buffett figure out the truth. He smiled and said: ”Mr. Buffett, I'm just the person in charge of the acquisition. I don't care about other things. I just need to do my own duties.”

”Mr. Buffett, we are willing to bid 57 million U.S. dollars for Berkshire Hathaway's 27.3% stake. With this money, you will have more capital to invest. A more valuable company.”

Buffett did not get the information he wanted, and he was full of doubts. He directly ignored Barn’s offer and declined: ”Mr. Barn, I understand what you mean. I personally don’t want to sell the company’s stock, and the company’s stock is If our company’s important investment projects are to be sold, they also need to be approved by the resolution of the board of directors. For the time being, I cannot give you any answer.”

Barn also knows that it is impossible to negotiate the first time. As long as Buffett and the Berkshire Hathaway board of directors are considering this matter, then his goal today will be achieved.

But he won't let Buffett keep on dragging him like this. Their Merrill Lynch Bank has this qualification and strength to set the rules.

So he smiled and nodded: ”Okay, then I won't bother you, looking forward to your reply, I will visit again tomorrow!”

Buffett shook his face, suppressed the unhappiness in his heart, squeezed out a smile and said, ”Okay, please!”

After sending Bath out the door, Buffett returned to the office and sat down on the sofa, frowning, thinking about Bath's purpose and motives.

At this moment, a subordinate hurriedly walked in and awakened Buffett.

”Chairman, I have a special situation to report to you!”

The subordinate stood solemnly in front of Buffett and said.

Seeing the solemn expressions of his subordinates, Buffett, who was already in a heavy heart, once again had a bad premonition. He took a deep breath and said solemnly, ”What's the matter?”

The subordinate immediately replied: ”The company's stock analysis department found that our company's stock price is currently fluctuating abnormally, and the scale of transactions is rising, and there is no trend of suspension or reduction.”

Buffett was shocked, and immediately got up and said, ”Come with me.”

After that, Buffett took his subordinates to rush to understand the situation.

Soon, he knew that his subordinates did not lie to him.