Easy Tycoon

Chapter 506 33%



Chapter 506 33%
"Who is this?" Although Bloomberg noticed Yang Jing surrounded by stars around the center early on, he didn't know Yang Jing.

"Michael, let me introduce you to my new boss—Mr. Cole Smith. Boss, this is Michael Bloomberg, an old friend of mine, and this is Michael's wife, Vivienne. Ms. Bloomberg."

"Hey, nice to meet you, Mr. Bloomberg." Yang Jing smiled and held out his hand. Bloomberg quickly held Yang Jing's hand, "Mr. Smith, it's an honor to meet you."

The current Bloomberg is not the rich man who controlled the world's largest information group in one hand, nor the mayor of New York who served three consecutive terms in the later generations. He is just a man with a net worth of just over [-] million. Ordinary rich.

But after all, he came from a financial information background. Bloomberg is very familiar with the "KY Investment Fund" that has become famous during this period, and he also knows a lot of information that has not been released to the outside world. Therefore, for He admires the KY investment fund now.

Although Bloomberg is not clear about the size of the KY investment fund, judging from the data gathered from various sources, the size of this sudden KY investment fund will definitely not be less than 400 billion US dollars!

Although Bloomberg believes that the size of this mysterious KY investment fund should be far more than 400 billion U.S. dollars, even if it is 400 billion U.S. dollars, he needs to look up.

My old friend Henry served as the CEO of KY Investment Fund at the beginning of the year. Now the boss of this mysterious fund has appeared again, and he is obviously willing to make friends with him. Bloomberg cannot refuse this sudden friendship no matter what. .

After a while of pleasantries, under Yang Jing's intentional invitation, the Bloomberg couple happily accepted the invitation to have a cup of coffee together. After walking out of Jane Gibson's restaurant, the group walked for dozens of meters and came to this road. Another very famous cafe on the street.

"Mr. Bloomberg, please forgive me, I am very optimistic about your innovative market system company, so I would like to ask, are you willing to accept investment from KY funds now? Don't worry, the price I gave You will definitely be satisfied." Since Bloomberg accepted the invitation, it means that he has the intention of cooperation, so Yang Jing simply stopped going around in circles, and after chatting for a few words, he directly said own purpose.

"Call me Michael." Bloomberg said with a smile, "Mr. Smith, I am very grateful for your attention to me, and I am willing to accept part of the investment, but I don't know how Mr. Smith plans to invest?"

Yang Jing looked at the couple, pondered for a while, and said, "I know that your company received an investment of 1982 million US dollars from Merrill Lynch in 3000. It seemed that Merrill Lynch bought your company with this money. 30% of the shares, right?"

The point was public, so Bloomberg gave a cheery nod.

Yang Jing smiled slightly and continued: "That is to say, in 1982, Merrill Lynch should have valued your company's stock price at US$[-] million. Is this okay?"

Bloomberg's old face flushed slightly, but he nodded anyway.In fact, he himself knew very well that although Merrill Lynch was very optimistic about his company at that time, due to various reasons, their valuation was actually much higher than the actual value.After all, when my company was established in 1981, it only invested 1000 million US dollars, but in less than a year, the company's valuation has doubled tenfold, which is obviously not normal.

But Bloomberg certainly won't say why.

"Michael, I have to admit that Merrill Lynch is really very discerning. Maybe the price when they bought your company's shares was a bit inflated, but from now on, they did a good deal at that time."

After a pause, Yang Jing looked at Bloomberg, and tapped his fingers rhythmically on the desktop, "Your company is developing very rapidly, with an average annual growth rate of up to 40%. Merrill Lynch invested five years ago. The 3000 million U.S. dollars in the company has now been worth more than 1.5 million U.S. dollars, that is to say, the current market value of your company is about 5.4 million U.S. dollars. I don’t know if my data is correct?”

Bloomberg nodded firmly, "That's right, Mr. Smith, my company has indeed developed rapidly in recent years. This year, the valuation given by Merrill Lynch is US$5.37 million."

"Michael, so I want to buy 40% of the shares from you at a premium of 33%." Yang Jing waved his hand and stopped Bloomberg from speaking, "Michael, listen to me and finish my terms first. I know that you have been financing externally for the past few years. In addition to the 30% of the shares held by Merrill Lynch, the remaining shares in your hand are only about 61%. I know that you also want to maintain an absolute controlling stake, so I can Let me tell you very clearly that after I acquire 33% of your shares, I will still stick to your side. In other words, you don’t have to worry about your right to speak and all the power in the board of directors, because even if I Becoming the largest shareholder of the company, I will firmly stand by your side, no matter what you do is right or wrong, I will definitely stand by your side. This point can even be written into the acquisition contract Of course, if you think this price is not enough, I can offer you a price of up to 80% of the premium, which is equivalent to directly buying your company’s profits for the next two years! And I promise, I will not interfere with the company’s In terms of daily operations, I am simply optimistic about the future of your company, and I just want to make some money."

Hearing these words, Bloomberg immediately fell into deep thought.

I have to say that the words of Mr. Smith in front of me are very tempting. Bloomberg is very clear that the current market value of his innovative market system company is only 5.4 million US dollars. If it is acquired at a premium of 40% For shares, this is already a very sincere price, not to mention that Yang Jing finally offered an 80% premium price just now.

The most important thing is that this Mr. Smith also promised to always stand on his side, and not to interfere with the company's daily operations, and he even did not hesitate to write these into the contract. This is enough to prove the sincerity of this Mr. Smith.

After thinking for a long time, Bloomberg gradually had his own ideas.

"Mr. Smith, may I ask why you did this? Are you really just optimistic about the prospects of my company?"

Yang Jing snapped his fingers and said with a smile: "Michael, in fact, what I said just now is the truth. I am simply optimistic about the prospects of your company, which is why we have this gathering."

"Then can I ask again, why do you want 33% of the shares?"

"This is even simpler, because if my KY investment fund does not invest, once it invests, it will get the largest shareholder of institutional investment. Michael, I can tell you the truth, before I plan to invest in your company Before, our KY investment fund is now ****, Citibank, Union Pacific Railroad, ABC Container Lines, General Motors, General Electric, Ford Motor, AT&T, Westinghouse Electric, Alcoa, Pittsburgh Steel, The largest institutional investor in the boards of directors of 27 American companies such as Boeing and IBM. In addition, we are also investing in some companies in Japan and Europe. Now the largest shareholder in your company is Merrill Lynch. I don’t want the shares in my hand Less than Merrill Lynch, so." Yang Jing made a "you understand" expression.

As soon as Yang Jing said these words, Bloomberg immediately fell silent.

He is daring to know about financial information, the natural way of KY investment fund's rescue and stock repurchase actions some time ago, and he is also very clear that this investment fund that turned out to be the largest shareholder of several large companies in the United States .

And although my own company has developed very well, it is nothing compared to the giants with a market value of tens of billions of dollars like ** and Citibank. They have become the number one among these giant companies. If you are not a major shareholder, then you don't need any reason to become the largest shareholder of your company.

Henry on the side said: "Michael, our fund is actually considering investing in Merrill Lynch. Maybe it won't be long before KY Fund will become the largest shareholder of Merrill Lynch."

The arrogance of these words directly left Bloomberg with nothing to say.

Yang Jing smiled and looked at the somewhat troubled Bloomberg and said, "Michael, I just want to make money through investment. I don't have any ideas about your company. You may not know that some time ago, KY Investment Fund just Reached an agreement with Bill Gates and Paul Allen, and will acquire 7% of the shares from each of them, thus becoming Microsoft's largest investment institution. But I will also not get involved in Microsoft's daily work This point has been written into the contract, if you don't believe it, you can check it."

After a pause, Yang Jing continued: "Not only Microsoft, Larry Ellison's Oracle Corporation, Intel Corporation, and KY Investment Fund are all its largest investment institutions, so you don't have to worry about your being on the board of directors." You don’t have to worry about your company’s daily operations, if anyone on the board of directors dares to criticize you, I will firmly stand by your side.”

Yang Jing's words are sincere enough, and Bloomberg has no way to refuse such a proposal, let alone he urgently needs funds to develop the company.

So he just thought about it for a while, then nodded and said: "Mr. Smith, I can agree to this transaction, but I want to set the price at a premium of 50%."

Yang Jing nodded happily.Just kidding, even with a 50% premium, 33% of the shares are only more than 2 million US dollars, but compared to Bloomberg’s terrifying market value in the future and being able to make friends with Bloomberg, this money is definitely very cost-effective Invested, even better than angel round investment.

An inadvertent encounter led to this gathering, and then led to a win-win cooperation.This is a very good deal for both Bloomberg and Yang Jing.

The specific matters need to be handled by Henry and the others, but as long as the tone is set at this gathering, it means that Bloomberg will also become an important partner of the Dragon Fund in the future.

After going out, standing on the slightly cold Grand Street, Yang Jing held Bloomberg's hand tightly and said sincerely: "Michael, in fact, I personally value you more than your company! Come on! If you encounter any difficulties in the future, remember to have a partner who is absolutely worthy of your trust by your side!"

(End of this chapter)


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