"Who is this?"
Although Bloomberg noticed Yang Jing in the center like a moon and stars early on, he didn't know Yang Jing.
"Michael, I would like to give you a grand introduction to 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 stretched out his hand, and Bloomberg hurriedly held Yang Jing's hand, "Mr.
Smith, it's an honor to meet you." ” The current Bloomberg is not the tycoon who later controlled the world's largest information group, nor is he the mayor of New York who sat in the mayor's seat for three consecutive terms, he is now just an ordinary rich man with a net worth of just over 100 million.
But after all, he is engaged in financial information, and Bloomberg is very familiar with the famous "KY investment fund" during this time, and he also knows a lot about some information that has not been released in the outside world, so he now admires KY investment funds.
Although Bloomberg does not know how big the KY investment fund is, judging from the information collected from all sides, the size of this sudden KY investment fund will definitely not be less than 40 billion US dollars!
Although Bloomberg is convinced that the size of this mysterious KY investment fund should be much more than $40 billion, even if it is $40 billion, it is an existence that he needs to look up.
His old friend Henry became the CEO of KY Investment Fund at the beginning of the year, and now that the owner of this mysterious fund has reappeared, and people are obviously willing to befriend him, Bloomberg can't refuse this sudden friendship anyway.
After a period of greetings, under the deliberate invitation of Yang Jing, the Bloombergs happily accepted the invitation to have a cup of coffee together, and after the group walked out of Jane Gibson's restaurant, they walked dozens of meters to another very famous café on this street.
"With all due respect, Mr.
Bloomberg, I'm very bullish on your Innovative Market Systems, so I'd like to ask, would you like to accept an investment from the KY Fund right now?
Don't worry, the price I have given will definitely satisfy you.
Since Bloomberg accepted the invitation, it means that he has the intention of cooperating, so Yang Jing simply didn't go around in circles, and after chatting a few words, he directly said his purpose.
"Call me Michael."
Bloomberg smiled and said, "Mr.
Smith, I appreciate your value for me, and I am willing to accept a part of the investment, but I don't know how Mr.
Smith is going to invest?"
” Yang Jing looked at the couple, and after a little hesitation, he said: "I know that your company accepted an investment of 30 million US dollars from Merrill Lynch Securities in 1982, and it seems that Merrill Lynch bought 30 shares of your company with this money, right?"
” This was public, so Mr.
Bloomberg nodded happily.
Yang Jing smiled slightly and continued: "In other words, in 1982, Merrill Lynch should have had a stock price of $100 million for your company, and that's no problem, right?"
” 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, for various reasons, their valuation was actually much higher than the actual value.
When his company was founded in 1981, after all, it only invested 10 million US dollars, but in less than a year, the company's valuation has increased 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 was a bit inflated when they bought your shares, but now it seems that they were doing a good business. ” After a pause, Yang Jing looked at Bloomberg, and his fingers clicked rhythmically on the desktop, "Your company is developing rapidly, with an average annual growth rate of 40.
The $30 million invested by Merrill Lynch five years ago is now worth more than $1.5 billion, that is, the current market value of your company is about $5.4 billion. ” Bloomberg nodded firmly, "That's right, Mr.
Smith, my company has indeed developed very rapidly in recent years, and the valuation given by Merrill Lynch this year is $53.7 billion." ” "Michael, so I want to buy 33 shares from you at a premium of 40" Yang Jing waved his hand to stop Bloomberg's words, "Michael, you listen to me first after I finish my terms."
I know that you have been raising funds in the past few years, in addition to the 30 shares in the hands of Merrill Lynch, now you have only about 61 shares in hand, I know that you also want to maintain absolute control, so I can tell you very clearly that after I acquire the 33 shares in your hands, I will still insist on standing on your side.
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 resolutely stand on your side, whether you do it right or wrong, I will definitely stand on your side.
This can even be written into the acquisition contract.
Of course, if you feel that this price is not enough, I can offer you a premium of up to 80 price, which is equivalent to my direct purchase of your company's profit in the next two years!
And I promise, I will not interfere in the day-to-day operation of the company, I am simply optimistic about the future of your company, I just want to make some money. ” Hearing this, Bloomberg immediately fell into deep thought.
I have to say that Mr.
Smith's words in front of him are very tempting, Bloomberg knows very well that the market value of his own innovative market system company is only 5.4 billion US dollars, if you buy shares at a premium of 40, this is already a very sincere price, not to mention that Yang Jing finally offered a premium of 80 just now.
The most important thing is that Mr.
Smith also promised to always be on his side, and not to interfere in the day-to-day operation of the company, and even did not hesitate to write these into the contract, which is enough to prove the sincerity of this Mr.
Smith.
After thinking about it for a long time, Bloomberg gradually came up with his own idea.
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"Mr.
Smith, may I ask why you are doing this?
Are you really optimistic about my company's prospects?
” 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, so we will have this party now." ” "Then may I ask again, why do you want 33 shares?"
"This is even simpler, because my KY investment fund either does not invest, and once it invests, it has to get the largest shareholder of institutional investment.
Michael, I can tell you the truth, before I was ready to invest in your company, we at KY Investment Fund are now the largest institutional investors on the boards of 27 companies in the United States, such as Citibank, Union Pacific Railroad, ABC Container Line, General Motors, General Electric, Ford Motor, Atapapt, Westinghouse, Alcoa, Pittsburgh Steel, Boeing, IB, etc., in addition to investing in some of the companies in the United States.
Now the largest shareholder in your company is Merrill Lynch, and I don't want me to have less shares than Merrill Lynch, so Yang Jing made a "you understand" expression.
As soon as Yang Jing's words came out, Bloomberg immediately stopped squeaking.
He dares to financial information, the natural way ky investment fund some time ago to rescue the market and stock buyback, and he also knows very well that this investment fund has become the largest shareholder of several large companies in the United States.
Although his company is developing very well, it is nothing compared to the giants with a market value of tens of billions of dollars like Citibank, and people have become the largest shareholders in these giant companies, so there is no need for any reason to become the largest shareholder of their own company.
Henry on the side said: "Michael, in fact, our fund is considering investing in Merrill Lynch, and it may not be long before KY Fund will become the largest shareholder of Merrill Lynch." ” The domineering words directly made Bloomberg even more speechless.
Yang Jing smiled and looked at Bloomberg, who was a little entangled, and said: "Michael, I just want to make money purely through investment, and 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 to buy 7 shares from each of them, thus becoming Microsoft's largest investment institution.
But I also won't get involved in Microsoft's day-to-day work, which is already written into the contract, if you don't believe it, you can look it up. ” After a pause, Yang Jing continued: "Not only Microsoft, but also Larry Ellison's Oracle, Intel, and KY Investment Fund are its largest investment institutions, so you don't have to worry about your position on the board of directors at all, nor do you have to worry about the daily operation of your company, if someone on the board dares to pick on you, I will resolutely stand on your side." ” Yang Jing's words were sincere enough, and Bloomberg had no way to refuse such an offer, not to mention that he was now in urgent need of funds to develop the company.
So he only thought about it for a moment, then nodded and said, "Mr.
Smith, I can agree to this deal, but the price I want to set at a premium of 50." ” Yang Jing nodded happily in agreement.
Just kidding, even the stake with a premium of 50,33 is only more than 200 million dollars, but compared to Bloomberg's terrifying market value in the future and being able to befriend Bloomberg, this money is definitely a very cost-effective investment, even better than an angel round investment.
A casual chance encounter led to the reunion, and then to a win-win cooperation.
This is a great deal for both Bloomberg and Yang.
The specific matters still need to be handled by Henry, but as long as the tone is set at this party, then 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, compared to your company, I personally value you more as a person!"
Go for it!
If you encounter any difficulties in the future, remember that there is a partner by your side who is definitely worthy of your trust!
”