Steve Rothschild offers a $5 billion valuation for Skyline, but Karl pushes for $6 billion, believing it’s the family’s limit. Steve counters, giving Karl only three minutes to accept the original offer or lose the deal entirely.
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Millionaire Son In Law Chapter 6963
Skyline’s $5 billion valuation far exceeds its true market value.
While Steve gave a three-year deadline to get it all done, at least there was no performance stake in other words, as long as Skyline shareholders signed off, the money would be there.
Nowadays, the last thing you should not sign is a gambling agreement. The world situation changes at lightning speed.
You may think today that your industry will be a hot spot in the next three years, but tomorrow the entire industry may be a hot spot and completely collapse. In this case, no one would bet that future performance will continue to improve.
Therefore, Karl immediately knew the answer.
However, he still hopes to fight for greater interests. However, he faces the second person in the Rothschild family.
The Rothschild family is as rich as a country, with 5 billion and 6 billion being like 50,000 and 60,000 in the eyes of the average middle class person, it’s only natural to spend more money when you find something you like.
Thinking of this, he said to Steve: “Mr. Rothschild, the terms of your proposal are acceptable to us, but the company’s valuation is slightly lower than our expectations.”