Manhattan, New York.A CBD commercial office building center next to the Hudson River.At the top of the floor.LB Apparel Group's office area.A conference room that has never been used only for chairman's meetings or high-level meetings.President of Victoria's Secret.He first used his father's authority to coerce a number of LB clothing group executives and minority shareholders.And then again at the meeting.Speak out to the guy who used money and capital and some small tricks to control the LB clothing group from the shares.It was even said something like: "Let Sefrosa get out of the LB clothing group".It's just that when this sentence was just spoken.The door to the conference room opened.A group of people walked in.At the head was a tall, sunny young man.He looked at everyone with a smile and said to the president of Victoria's Secret, who was sitting in the upper seat with a little frightened face, "Really?
Drive me away?
”The president of Victoria's Secret was stunned.His brother.The CEO of LB Apparel Group was also stunned.A group of high-level executives and many small shareholders were also stunned.Even Les Wexner, a business tycoon, an old fritter who has been in the business world for many years, was a little surprised.Rice frowned.So many people are here.Why didn't I get the slightest notice beforehand?
Is there already a split within it?
Les Wexnay, who was still a little steady, began to panic.But this time.It wasn't Les Wexney who faced the young man's coercion.It was his youngest son, Wexnay, who was the president of Victoria's Secret.The youngest son of this business tycoon.When Abel didn't show up just now, he dared to speak so wildly.But when Abel actually appeared in front of him.Even if you say something like that to him with a smile on your face.Deep down, he still flinched.But flinch in front of so many people.Not only can I get over the face.And there is his old father behind him to support himself.Although the color is very strong.But he still gritted his teeth and lowered his voice: "I'm not targeting anyone.I'm just saying, the guys who weren't kind to the LB clothing group.should get out of the company, he will hinder the development of the group!
The internal division of a company is the biggest obstacle to the future development of a company. ”The words are ambiguous.The roar he was yelling at just now didn't matter at all.He was still scared."
Hehe......"
Abel no longer paid attention to the wailing of the defeated dog.He led the group of people who followed him, and walked directly past the president of Victoria's Secret and walked towards Les Wexnay.Stand still in front of the old guy.Looking at the old guy whose face was still as calm as water, he smiled and said, "You might be curious to know.So why didn't anyone inform you in advance that I was able to show up here.Right?
”Les Wexnay was still expressionless, but in his heart he was really like Abel said, shocked and curious that Abel appeared here without knowing in advance.There's no need for him to be cranky there.Abel himself told him, "The reason is very simple.When a company is truly a major shareholder, it is still an absolute controlling shareholder.When they came to this company, even if there were people who were loyal to the company's top management, they were afraid that they would be fired by the big boss of the majority shareholder.Let them bring the big boss of the major shareholder to the company's conference room.It shouldn't be a difficult thing to do. ”"After all, offending the company's top management is only temporary.But if they offend the big boss, the majority shareholder of the company, the only thing that awaits them is dismissal. ”"It's as simple as that!""
The only reason is: I now own a 61.69% stake in the company you're in!
If I wished, I could even apply to the securities department now to privatize this company.Thus completing 100% ownership of this company!
”Les Wexnay's expression, which had been sinking like water, finally showed a hint of relief.He smiled wryly.Oh, yes.myself now on this company.But there's no 100% control.The Weckersnay family originally owned only 31 percent of the company.The ability to control this company depends on the identity of the founder and the largest shareholder.But the founder of this identity.In addition to the very beginning of the business, it is really useful.But after the company grows bigger, more than 90% of the founders are kicked out by the company.It's like when Jobs was kicked out of Apple for the first time.There is only the largest stake in this identity.In order to be able to ensure a long-term and stable position in a company.Looking at Les Wexnay, whose expression was finally no longer so calm, Abel ignored the two Wexnay next to him who were looking at him with hateful eyes.He stood next to Les Wexnay.To all the senior executives and minority shareholders of LB Garment Group, he said loudly in an unquestionable and categorical tone: "I came here today.It is I who is ready to use my status as an absolute controlling shareholder.Initiate a resolution!
That is what this resolution is......
LB Apparel Group sells the Victoria's Secret brand and all ownership!
”His voice just fell.There was an uproar in the conference room."
What?
Sell Victoria's Secret!
This is our signature!
Can a signboard be sold when it says it will be sold?
”"Nope!
I voted against it for the first time!
”"Victoria's Secret?
This is the world's most famous model brand and lingerie brand!
I'm against it too!
”"Against!""
Victoria's Secret, though finances have not been good.But LB Clothing Group can't be without Victoria's Secret!
Oppose!
”"......" was almost a vocal opposition.Actually, this is also very easy to understand.Although Victoria's Secret, a model and lingerie brand, has been losing money almost every year for 10 years.And the share of losses every year is also getting bigger and bigger, and even dragging down the profitability of other brands in LB clothing group.This is a huge apparel group that has been growing steadily and with a very healthy profitability.Over the years, the financial statements have been very ugly, and the company's market capitalization has dropped from the highest end of $30 billion to more than $8 billion now.Cheng also Victoria's Secret.Defeat is also Victoria's secret.Although it seems that Victoria's Secret is a very simple burden.But if LB Clothing Group really wants to sell Victoria's Secret like this, LB Clothing Group is really not so willing.The reason is simple.In addition to the Victoria's Secret brand, LB Clothing Group's many other sub-brands are not as famous and popular as Victoria's Secret.Even many sub-brands of LB Clothing Group are sold by virtue of the reputation of "a company with Victoria's Secret".If there were no Victoria's Secret.Although the financial report will be healthier in the short term, in the long run, without the blessing of this super brand.If LB clothing group can't launch any big brands in the short term, it will definitely shrink in the short term.This is also why, in the past 10 years, although Victoria's Secret has been losing money every year, and the amount of losses is getting bigger and bigger.But the LB Clothing Group is still reluctant to sell the Victoria's Secret brand.This is also the reason why everyone is against it.Seeing that everyone began to oppose fiercely, the president of Victoria's Secret, who was still panicked and frightened because of Abel's proposal, showed a smug smile.So many people are against!
Even if you are a major shareholder, you should be helpless on the premise of not harming your own interests!
He thought to himself proudly.Although I was a little scared, I couldn't help but speak: "Sell Victoria's Secret?"
Am I crazy or are you crazy?
Sell Victoria's Secret, LB Clothing Group or LB?!
You're just thinking too much!
Mr.
Sephorosa!
”With the "support" of so many people, the tone of his speech was a little harder.But Abel didn't look at him.He was still smiling."
Okay.Since everyone is so opposed, it seems that my decision is indeed very unwise.LB Clothing Group can't just sell Victoria's Secret!
”Everyone saw that Abel seemed to be "retreating", and many people breathed a sigh of relief in their hearts."
Mr.
Sephorosa!
We welcome you to LB Apparel Group!
But selling Victoria's Secret is really irrational!
”"Mr.
Sephorosa!
That's right!
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”"Victoria's Secret can't be sold!""
That's right!""......"
Victoria's Secret, whose last name was Mr.
Wexnay's President, triumphant.This time.Seeing that everyone was so happy, Abel wanted to tell these people about his decision that would make them very unhappy next.He was interrupted by the old guy Les Wexnay, who was sitting next to him.Les Wexney spoke suddenly.He spoke.After a long period of accumulation, there were still some noisy meeting scenes, and they immediately quieted down.He said, "Monsieur Sephorosa...... his eyes fixed on Abel, "there's one thing I've always been puzzled about.I wonder if you can help me out?
”"Uh-huh......"
Abel looked at him."
For your age.As long as I can let you know, I will be merciful to let you know!
”That's not at all polite words.It made the anger rise in Les Wexnay's heart, if it weren't for the fact that he really had doubts in his heart now, and he had always been very good at cultivating in this regard.I guess he's going to go crazy.He had no choice but to hold back."
Mr.
Sephorosa!
What I want to ask is, how did you get hold of such a high stake in our LB Garment Group!
No......
Or rather, how did you get so much stake from Warren Buffett!
What benefits did you pay to make Buffett lose the reputation of the white knight, and also helped you win the LB clothing group!
”It turned out to be this thing.Abel knew why.But he wasn't ready to answer the old guy's questions.He said simply, "It's very simple."
Who don't want the future shares of Bluestar now?
”Les Wexnay was stunned.He also wanted to ask.But Abel was no longer going to pay attention to him.He spoke directly to the crowd about his decision to ruin their fun."
Excellent!
Since everyone is reluctant to sell Victoria's Secret shares now!
So from now on, I announce that all the top management here has been fired!
”His tone was resolute.All of a sudden, there was an uproar below, and it was several times bigger than the last time!
Sack everyone at once?!
If the sale of Victoria's Secret just now was only to the detriment of the company's interests.The dismissal of all the high-level leaders here now is a one-time damage to the interests of everyone here.Immediately someone stood up and protested loudly."
Are you crazy?
Do you still want LB Clothing Group?!
You're going to bring down the company right away!
”"Hitterle!
Hitter Le!
You're Hitter Ler!
”"Tyrant!""
You can't do that!
This is disrupting the market order, and the federal government and the unions will watch you do it!
”The opposition of the "......" has never been stronger.This time, even the two brothers of the Wexner family panicked.Les Wexner frowned deeply, he didn't know what Abel was doing.After becoming a major shareholder.There will be no personnel reform of the company, and there will be no chairman of the board of directors to become the new chairman of the board of directors.After coming.First, there was an offer to sell Victoria's Secret, the heart of the clothing group.Then he offered to dismiss all the senior management of the company.These two decisions and actions.If only it had been made.Abel will not know what will happen.But LB Apparel Group will definitely collapse immediately.Selling a wave of Victoria's Secret is sure to get the most out of it in a short period of time.The Victoria's Secret brand is worth at least $2 billion.But after that, the company's stock price will definitely plummet, although there are now more than 8 billion US dollars, but there is no pressure at all to fall to more than 5 billion US dollars.And then if you really want to fire all the top management of the company.It is estimated that the market value of $5 billion will not stand, and it will at least drop more than ten or two billion dollars.At that time, LB Garment Group was estimated to have a market value of two or three billion US dollars.And Abel obtained so many shares at present, at least spent more than 4.5 billion US dollars!
In doing so, the $4.5 billion would depreciate by at least two or three times.He was so stupid that he would do such a thing.And then......
Abel has made up his mind.When the crowd is chattering.He frowned, lifted his breath, and suddenly yelled: "Shut up!"
”This roar.In the cluttered conference room, it was so loud.Even unconsciously, the power of the smoke of fate hidden in him has been transforming his body.Under his emotional roar, he was mobilized.Everyone involuntarily got goosebumps all over their bodies, their hearts missed a few beats, and they involuntarily quieted down.This time.Abel said coldly."
Now I'll say it again.There are only two paths in front of you, one is to sell Victoria's Secret, and the other is for everyone to be fired by me!
To survive or to perish, that's the question!
Now this question is before you!
”In front of the facts.In the face of might.The only option for the weak is to compromise.Half an hour later.Only the upper echelons of Victoria's Secret were left in the conference room.Of course.The president of Victoria's Secret of Wexney has been fired.Sitting in the original position of Les Wexnay, Abel looked at the panicked Victoria's Secret executives who originally belonged to the LB clothing group.It's just that this smile is bright though.But in the eyes of all.But it's chilling.After all, he is now a madman in the eyes of the Victoria's Secret higher-ups here.In order to get the Victoria's Secret brand, he even wanted to break up and collapse the entire LB clothing group.Even at the expense of their own interests, it is not millions, tens of millions of dollars, or hundreds of millions of dollars.That's billions of dollars in losses!
This guy wasn't actually joking just now, he really did this kind of thing.Under this willfulness and madness.No one is not afraid.But......
Several women in the upper echelons of Victoria's Secret looked at the smiling face of Abel, who was now smiling, very sunny and dazzling.This guy is really nice to laugh when he's not angry!
Just when they thought so.Abel smiled and said, "First of all......
Welcome everyone to leave LB Garment Group and join the Oasis Investment family!
Applaud!
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”He himself applauded first.The group he brought with him also applauded, and the top brass of Victoria's Secret below looked at each other.In the end, it was a cooperating applause.No one dares to offend a madman......
As Abel said, Victoria's Secret now belongs to Oasis Investment, which has been approved at the extraordinary general meeting of shareholders of LB Garment Group just now.LB Apparel Group will sell the Victoria's Secret brand and all other ownership to Oasis Investment for $500 million.Is Victoria's Secret only worth $500 million?!
Of course not only!
Although it is not as good as it used to be.But now Victoria's Secret, if it is really willing to sell it on the market, is worth at least $1.5 billion to about $2 billion!
But now it's sold for $500 million.It can be said that it is sold cheaply.Is LB Clothing Group willing to sell?
With the consent of the majority shareholder who owns 61% of the shares, even if the other shareholders do not want to, the transaction will be approved!
Although this extreme transaction situation can easily discourage those small shareholders and file for arbitration with the federal government.But Abel came up with the momentum of "if I don't pass this deal, I will bring down the LB clothing group".In this case.If you don't pass, you can only choose to pass.So far, Abel has successfully taken Victoria's Secret and spun it off from the LB clothing group.Although it cost $4.5 billion.Looks a bit of a loss.But the $4.5 billion didn't go away.First of all, Victoria's Secret is worth about $2 billion, and then 61% of LB Apparel Group's shares, even if the market value falls because of the sale of Victoria's Secret, is worth at least two or three billion dollars.These two add up.Actually, there is no difference at all.In the short term, the only ones who will suffer losses are the other shareholders and senior management of LB Garment Group.In the long run.LB Clothing Group does not have the sign of Victoria's Secret, and the impact must be great.But fooling around to Abel hurts even more.Most shareholders choose the lesser of the two, and can only choose the first one with grievances.Abel's business methods are very low-level.But this cannot be said to be a commercial means at all, it is almost a rogue method of playing and rolling.But he doesn't know how to do any high-end business operations, and he is anxious to be fed by the plug-in of Smoke of Fate.I only want to do things quickly, and I don't want to procrastinate directly.Just like that, smash it with money.That's how it threatened.I didn't expect the results to be good.At least in their own interests.Looking at the remaining Victoria's Secret executives, Abel finished speaking after the opening remarks.directly gave up his position, and then pulled a beautiful woman who had been standing behind him directly.Press her into her place.Then he looked at everyone with a smile, "I declare."
The CEO of Victoria's Secret is now held by Amber Heard!
”