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Happy Tycoon - Chapter 506

Published at 29th of September 2021 01:36:54 PM


Chapter 506: 506

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"Who is this?" Bloomberg noticed Yang Jing surrounded by the stars and the moon for a long time, but he didn't know Yang Jing.

"Michael, let me introduce my new boss, Mr. Cole Smith. Boss, this is Michael Bloomberg, an old friend of mine. This is Michael's wife, Ms. Vivian Bloomberg."

"Hey, nice to meet you, Mr. Bloomberg." Yang Jing smiled and held out her hand. Bloomberg quickly held Yang Jing's hand. "It's a pleasure to meet you, Mr. Smith."

Now Bloomberg is not the later tycoon who controls the world's largest information group, nor the later mayor who has sat on the seat of mayor of New York for three consecutive terms. Now he is just an ordinary tycoon with a net worth of just over 100 million.

But after all, he came from financial information. Bloomberg is very familiar with the famous "KY investment fund" during this period, and he also knows a lot of information that has not been published in the outside world. Therefore, he admires KY investment fund now.

Although Bloomberg doesn't know how big the KY investment fund is, judging from the data collected from all aspects, the scale of this sudden KY investment fund will never be less than $40 billion!

Although Bloomberg believes that the scale of this mysterious KY investment fund should be far more than $40 billion, even $40 billion needs him to look up.

His old friend Henry served as the CEO of KY investment fund at the beginning of the year. Now the boss of this mysterious fund appears again, and people are obviously willing to make friends with him. Bloomberg can't refuse this sudden friendship anyway.

After a burst of greetings, at the intentional invitation of Yang Jing, the Bloomberg couple happily accepted the invitation to have a cup of coffee together. After walking out of Jane Gibson restaurant, they walked dozens of meters to another very famous cafe in the street.

"Mr. Bloomberg, with all due respect, I'm very optimistic about your innovative market system company, so I'd like to ask, are you willing to accept the investment from KY fund now? Don't worry, the price I give will definitely satisfy you." since Bloomberg accepted the invitation, it shows that he has the intention of cooperation, so Yang Jing won't go around the Bush at all, After chatting a few words, he spoke out his purpose directly.

"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 is going to invest?"

Yang Jing looked at the couple and said, "I know your company accepted a US $30 million investment from Merrill Lynch in 1982. At that time, it seemed that Merrill Lynch bought 30% of your company's shares with this money?"

This is public, so Bloomberg nodded happily.

Yang Jing smiled and continued: "that is to say, in 1982, Merrill Lynch's share price for your company should be $100 million. Is that ok?"

Bloomberg's old face flushed slightly, but he nodded. In fact, he was also very clear in his heart that although Merrill Lynch was very optimistic about his company at that time, their valuation was actually much higher than the actual value for various reasons. When our company was founded in 1981, after all, it only invested US $10 million, but in less than a year, the company's valuation has increased tenfold, which is obviously not normal.

But Bloomberg certainly won't tell the reason.

"Michael, I have to admit that Merrill Lynch was really insightful. Maybe the price was a little high when they bought your shares, but now it seems that they did a good business."

After a pause, Yang Jing looked at Bloomberg and gently clicked on the desktop with her fingers rhythmically, "Your company has developed rapidly, with an average annual growth rate of 40%. The $30 million invested by Merrill Lynch five years ago has now been worth more than $150 million, that is, your company's current market value is about $540 million. Do you know whether my data is correct?"

Bloomberg nodded firmly, "yes, Mr. Smith, my company has developed very rapidly in recent years. The valuation given by Merrill Lynch this year is $537 million."

"Michael, so I want to buy 33% of your shares at a 40% premium..." Yang Jing waved her hand and stopped Bloomberg, "Michael, let me finish my terms first. I know that you have been financing abroad in recent years. In addition to the 30% shares in Merrill Lynch, the remaining shares in your hand are only about 61%. I know you also want to maintain absolute control, so I can tell you clearly that I will still stand on your side after I buy 33% of your shares In other words, you don't have to worry about your voice and all the power in the board of directors, because even if I become the largest shareholder of the company, I will firmly stand on your side. No matter what you do is right or wrong, I will stand on your side. This can even be written into the purchase contract. Of course, if you think the price is not enough , I can offer you a maximum premium of 80%, which is equivalent to my direct purchase of the profits of your company in the next two years! And I promise I won't interfere with the daily operation of the company. I'm just optimistic about the future of your company. I want to make some money. "

Hearing this, Bloomberg immediately fell into meditation.

I have to say that Mr. Smith's words are very tempting. Bloomberg is very clear that the market value of his innovative market system company is only $540 million. If he buys shares at a premium of 40%, it will be a very sincere price, not to mention that Yang Jing finally offered a premium of 80%.

The most important thing is that Mr. Smith promised to always stand on his side and not interfere in the company's daily operation. He even didn't hesitate to write these into the contract, which is enough to prove Mr. Smith's sincerity.

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

"Mr. Smith, may I ask why you are doing this? Are you really just optimistic about the future of our company?"

Yang Jing snapped her fingers, smiled and said, "Michael, in fact, what I just said is the truth. I'm just optimistic about the prospects of your company, so we'll have this party now."

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

"This is even simpler, because my KY investment fund must invest. Once invested, it must get the largest shareholder of institutional investment. Michael, I can tell you the truth. Before I am ready to invest in your company, our KY investment fund is now * * * *, Citibank, United Pacific Railway, ABC container shipping company, general motors and general motors Electric, Ford, ATT, Westinghouse, Alcoa, Pittsburgh steel, Boeing, IBM and other 27 companies in the United States are the largest institutional investors on the board of directors. In addition, we are also investing in Japanese and European companies. Now the largest shareholder of your company is Merrill Lynch. I don't want my shares to be less than Merrill Lynch, so... " Yang Jing made an expression of "you understand".

As soon as Yang Jing said these words, Bloomberg immediately stopped talking.

He dares financial information. The way of nature KY investment fund's rescue and stock repurchase some time ago, and he is also very clear that this born investment fund has become the largest shareholder of several large companies in the United States.

Although our company has developed very well, it is nothing compared with the Big Mac with a market value of tens of billions of dollars such as * * * * and Citibank. People have become the largest shareholder in these big Mac companies, so there is no reason to become the largest shareholder of our company.

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

The domineering remark directly left Bloomberg speechless.

Yang Jing smiled at the tangled Bloomberg and said: "Michael, I just want to make money simply through investment. I have no idea about your company. You may not know that KY investment fund just reached an agreement with Bill Gates and Paul Allen some time ago, which will purchase 7% shares from them respectively, so as to become the largest investment institution of Microsoft. But I will not intervene in Microsoft either This 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, but Larry Ellison's Oracle, Intel and KY investment fund are its largest investment institutions. Therefore, you don't have to worry about your position on the board of directors or the daily operation of your company. If someone on the board of directors dares to pick on you, I will firmly stand on your side."

Yang Jing's words have been 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, 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 and agreed. Joking, even at a premium of 50%, 33% of the shares are only more than $200 million, but compared with Bloomberg's future terrorist market value and being able to make friends with Bloomberg, this money is definitely a very cost-effective investment, even better than Angel round investment.

A casual encounter led to the party and then a win-win cooperation. This is a great deal for both Bloomberg and Yang Jing.

Specific things still need to be handled by Henry and them, but as long as the tone is set at the party, it means that Bloomberg will become an important partner of the Dragon Fund in the future.

After going out, standing on the slightly cold Gran 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 that there is another partner who is absolutely worthy of your trust!"





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