Chapter 462: Good News and Bad News
The same is the Upper East Side.
The location of the Sun Fund is located on the Upper West Side, and the Red Giant is arranged on the Upper East Side according to Abel's wishes.
However, compared with the **** with deep pockets, these two start-up companies do not have their own mansions now.
They are currently rented offices.
In the chairman's office of the red giant, Abel is struggling with the task of whether to obey the smoke of fate and find a way to soak his "cousin".
Elizabeth Holmes sat across from him and looked at him with a smile, and after she had begun to say something teasing my cousin, she had not spoken again.
It was at this time.
Abel's phone rang.
When he saw it, it was Alvertelli's phone.
"Al?"
"BOSS! THERE'S GOOD NEWS AND BAD NEWS NOW, I HAVE TO TELL YOU RIGHT AWAY!"
"Oh! ”
"The good news is that Chevron Oil has informed us. They are willing to agree to the terms we put forward for $5 billion and sell us all the foundation of California United Oil!"
"We can sign the contract today, but they ask us to make a lump sum payment! The former president of California Union Petroleum, and now the vice president of Chevron Petroleum, have already arrived at our company......
Abel's spirits lifted!
He had the idea of buying Union Oil of California from Chevron. But then Chevron's asking price was so exaggerated that he was ready to give up.
But the smoke of fate jumped out and gave him a task, and the reward seemed to be very rich.
Believing in the smoke of fate, he was ready to accept the offer, which seemed a bit of a trick to outsiders...... Not to mention outsiders, even Alvertelli felt that the price was not worth it.
But Abel believes that the smoke of fate can't be too outrageous. In that oil field, there must be an extremely generous reward.
It took more than half a month, and now I finally get the results!
"Sign the contract now! Send the money over! And then, contact David Adams right away! Let him take the most elite exploration team of Union Oil of California to Texas! Wait for my command in the evening, I have a place they need to see!"
Able couldn't wait to give Alvertelli the order.
Alvertelli was a little puzzled.
$5 billion buys two or three billion dollars in assets, in addition to investing in antiques and investing in stocks and other things that will appreciate in value. Most of the time, it looks stupid to outsiders. But now that the boss is so impatient, Alvertelli can only guess that the boss should have taken a fancy to other assets of Union Oil.
The boss has already performed so many miracles, and Alvertelli now believes in Abel unconditionally.
He was quick to report: "Rana is already negotiating the details of the contract with them! Mr. Frank is also having some legal discussions with the other party's legal team, if nothing else...... Probably in the evening you can sign a contract!"
"Hmm...... This should be good news. And what about the bad news?" Abel asked, in a good mood.
"The bad news is ......"
"Our acquisition of LB, the parent company of Victoria's Secret, has been strongly blocked! LB has found their white knight, a Seattle businessman who is said to have been authorized by Warren Buffett to take over a large portion of LB's shares!"
"So far, we only hold about 24~25% of LV's shares! This Seattle businessman, who is said to be authorized by Warren Buffett, currently holds 26.7% of the shares! With the shares in the hands of LB's original chairman and their executives, it has exceeded 51%!"
"BOSS! It's hard for us to complete the holding! unless the other party is willing to sell to us......"
Hearing Alvertelli say this, Abel remembered that he was making a hostile takeover of Victoria's Secret's parent company.
The so-called hostile takeover, since it is a sneaky and quiet acquisition initiated by the other party when the other party is unwilling. Then, after reaching a certain proportion of shares, an overall acquisition will be initiated to all shareholders of the other party.
Since it is a hostile takeover, the other party is unwilling to sell. Finding a helper or something is really a very normal behavior.
At least that's how Albertley understood it, and even Abel had heard that Abel was buying Lb that Elizabeth understood it this way.
But Abel himself was noncommittal, as if the acquisition of the Lb. company was blocked, and nothing was done to him.
He nodded.
He said to the phone in hand, "Okay." I'll leave it like this for now. Settle the contract with Chevron Petroleum Company first, and talk about LB Company tomorrow!"
"Okay! boss!"
The call is over.
Abel looked at Elizabeth Holmes, who spoke first, "Are you buying Lb? Victoria's Secret's parent company, Lb, and you're going to buy California Union Oil from Chevron?"
Abel nodded: "That's right." ”
These are 10 points of normal business practice, and it's nothing to be heard by Elizabeth. What's more, Abel has now decided to let Elizabeth into the Red Giant and become one of the management.
Something business.
It's nothing to let her know.
No.
Abel thought of Elizabeth's exaggerated management ability and flickering ability, and a feeling suddenly rose in his heart: maybe let her know that she would have a better way!
He simply told Elizabeth Holmes about his acquisition of California's Union Oil and Lb.
And the progress now.
Of course, some private operations or something will not be said directly.
And Abel also asked Elizabeth what she thought of the two businesses.
This is a simple question.
Let's see if this beautiful big cousin really looks like the legendary number one female liar with explosive business ability.
Elizabeth muttered for a moment.
You just said that you acquired 24~25% of their shares, but you encountered a sniper from a white knight authorized by Warren Buffett of a Seattle businessman. In fact, I think that if you really want the shares of the LB company, as long as you are willing to pay, it should not be difficult to get the shares......"
"Oh, what do you say?"
"Buffett! The key point is Buffett! That white knight turned out to be Buffett's white gloves, so as long as Buffett is shaken, it will be easy to take the 26% stake!"
"Warren Buffett is a stubborn investor! He is only interested in solid and sound investments, and it just so happens that you have an investment that seems to be very tempting for him at the moment...... If you are willing to exchange the equivalent shares of Blue Star Future for the shares of the LB company in his hands, I believe Buffett will be very happy!"
"Then you can have absolute control!"
After listening to her conversation.
Able couldn't help but raise his eyebrows.
Hey......
It seems that the beautiful eldest cousin in front of her is really a little bit of material, and this does not refer to her figure.
It's what she just said.
Use the shares equivalent to Bluestar in the future to exchange the shares of LB with Buffett. Without considering losses, it is indeed invincible.
In the case of making it clear that Elizabeth Holmes did not know that he and Warren Buffett had actually reached an agreement. Elizabeth was also able to make this judgment, proving that she was indeed capable.
Thought of this.
Abel stood up directly.
Gently shake hands with your beautiful big cousin, "Dear Elizabeth...... Welcome to the Red Giant, but you don't have a good reputation...... In the short term, you can only be a behind-the-scenes housekeeper! When the right opportunity arises, I will let you reappear in front of the world!"
"My dear brother!"
Elizabeth's eyes flashed with a spark of excitement.