033 Hilton Equity Analysis (1st Reward & 2nd Update)
The helicopter returned home directly, Li Feng picked up the phone again and dialed, including Redondo and others contacted for a while, and then Li Feng thanked him, after all, a group of people called Li Feng to express condolences when there was a shootout in New York.
It wasn't until 4 o'clock in the afternoon, when I was finally busy for a while, and I thought about contacting Aishwarya to say that we would have dinner together in the evening, so I immediately washed up, took the flowers and small gifts I had prepared, and left the manor surrounded by the security personnel.
When I arrived at Aishwarya's apartment, there was only an hourly maid, which Li Feng had helped people find before, after all, it was really impossible to let his woman have to do it herself for three meals a day, clean the dishes, etc.
At this time, the beauty was still busy at school, Li Feng suddenly became interested, sent the maid to go back, and instructed a group of subordinates to help buy ingredients and prepare to cook a dinner for the beauty by himself.
I have to say that the effect of simple dedication is still leveraged, when Aishwarya, the Indian goddess, came into the apartment, and saw Li Feng wearing an apron and holding a shovel, she was immediately amused and moved at the same time.
Especially when Li Feng gave flowers and gifts to the beauty in time, the beauty was even more moved, and regardless of Li Feng's oil, he hugged Li Feng for a hot kiss.
Let the beauty go to wash up first, and in the beauty of the touch, Li Feng returned to the kitchen again and began to fiddle with dinner.
......
After a warm dinner, facing the stunning beauty who was flushed from drinking a few glasses of red wine, perhaps moved by the blinking of watery eyes and charming dimples, Li Feng, the 'coyote', could still hold on.
Regardless of the tableware piled up on the dining table, I got up and hugged the beautiful woman and walked towards the bedroom, ready to do my favorite sport after the meal... The oxen are tired and the fields are ploughed... The result is 404.
Sitting in the car, thinking about last night's performance, Li Feng suddenly felt a burst of excitement, maybe because he hadn't seen him for a while, or because he was completely moved by a dinner made by Li Feng himself, last night the beauty was more active, and let little Li Feng spit out three times, which was completely released by Li Feng.
Of course, the beauty was also completely paralyzed at that time, I have to say that the woman's talent is extraordinary, when Li Feng woke up in the morning, he didn't see Aishwarya, and left a note saying that he went to school, and he couldn't sigh that the recovery was really fast.
I went home to wash up, and went to the company with the lovely assistant Zhou. In the following days, Li Feng returned to his previous comfortable days.
Every day, I go to Aishwarya's apartment to accompany the beautiful woman, occasionally amuse the beautiful assistant around me or Yu Feihong, the light bulb, or listen to the tutor's lessons, life is really boundless.
......
"Look, boss, this is a general situation about the Hilton Hotel and the group. A few days later, Bill Willibe came to the office and said to Li Feng.
"Oh, I'll see, you can tell me too. Li Feng immediately took the document with a smile and flipped through it, and said to it at the same time.
"In general, the Hilton Hotel is actually divided into two parts, one is the American Hilton Hotel Management Company, which is mainly responsible for the business in the United States;
On the other hand, Hilton International, a New York-listed company registered in the United Kingdom, has one of Hilton's most lucrative gaming businesses, in addition to the hotel business.
In the 60s and 80s, it was acquired three times and changed hands, strictly in a legal sense, except for the same Hilton name and brand, it has nothing to do with American companies.
Of course, it was Mr. Barron Hilton who proposed the separation of the international business in the 60s, and it was under his leadership that he separated Hilton International and went public to make money.
Subsequent changes of ownership have included Mr. Barron Hilton and the Hilton Family Foundation.
......
In fact, I found that Hilton International's business is mainly using Hilton's major brands, and Hilton International is not directly used for investment business, which means that the use of Hilton's name makes a lot of money for international companies.
In this way, the company can develop rapidly in the world, coupled with the huge profits of the gaming industry, naturally Hilton International's financial report data is good, and the company's listed market value has also risen all the way.
On the contrary, in the United States, all the hotels are developed and invested by themselves, which is the real physical asset. Bill Willibe said with a smile.
In other words, although the two Hiltons are legally separated, they are still secretly controlled by the Hilton family, but they don't know how many shares they have. Li Feng listened to Bill Weilibei's words, and then confirmed with a smile.
"That's true, otherwise Barron Hilton would not have been able to remain unwavering in his position as chairman of the Hilton Group. Bill Wilbe replied with a smile.
In the eyes of professionals like Bill Wilbay who are good at playing with capital, the Hilton family's hand is very clear.
......
Sure enough, although these families say that their family assets are used for charity or something, most of them are actually in their own hands. Li Feng said to himself with a smile.
"Boss, most people are selfish, saints may have, but there are only a few, most of the rich will pass on their assets to the next generation, but in different ways.
In fact, the main reason is that the United States has too much inheritance tax, so that those rich people have to try all kinds of ways. Bill Wilbe replied with a smile.
"In the case of Hilton America, in addition to the 25% stake owned by the Hilton family charity, Barron also has a relatively small number of shares, and the family trust fund owns a part, totaling about 40%, which is enough for the Hilton family to control.
Similarly, although Hilton International cannot see the specific situation of the shares, the previous so-called Ledbrook Group (the predecessor of Hilton Group) has spent three times to acquire Hilton International Company as a whole, and finally changed its name to Hilton Group, which should be used by the Hilton family to hide people's eyes. Li Feng said.
That's pretty much it, that is, although the Hilton family only has billions of dollars left in the name, they actually control several times more family assets. Bill Willibe replied with a smile and a confident affirmation.
......
"So, can you tell me if it's possible for us to take a stake in Hilton?"
"BOSS, the best way is actually to buy Hilton International directly, and then directly acquire Hilton America again in the name of Hilton International, so that the two companies can be merged into one again. Bill Willibe said with a smile.
"I also want to, but where to get so much money, even if I use leverage, it is impossible for my small body to pry into the current behemoth with a market value of tens of billions for me. Li Feng said angrily.
"Well, Bill, let's buy as much of the shares as we can now, get a board seat, and don't have to manage anything, after all, people are professionals, and when we are strong, maybe Barron may sell Hilton. Li Feng said self-deprecatingly.
"Boss, hopefully!" Bill replied with a helpless smile.
......
What Li Feng didn't know was that he really let himself tell it as soon as he said it, and the history of his previous life was like this.
In 2007, Blackstone used 6 billion cash (private equity funds) and 20 billion US dollars of leveraged economic debt to get major banks to complete the acquisition of Hilton Group.
It is said that at that time, because Barron Hilton was really old, he had no energy to manage anymore, and his descendants were not successful, so he finally reluctantly sold Hilton.
An acquisition like Hilton Group was also a sensation in 07, after all, it was an acquisition of tens of billions, but unfortunately, Li Feng in his previous life had any intention to care about Hilton, so he was not clear about this matter.
Finally coded out a chapter.,Today is the first time to see the real reward.,When I saw someone else's reward.、Alliance leader or something.,It always feels like it's not real enough.,This time it's felt in person.,Let the bookworm this little hit the street for 10 minutes.,Thank you again for the "low-key conspirator" book friends.,Specially coded out 2 chapters.,As the first time I received a million rewards.,I hope to be able to satisfy the book friends.,The bookworm also tried its best.,Ask for the support of the book friends again.。 Your little bit of support is the greatest motivation to support me to keep changing, eunuch, Amen!!