Chapter 570: Breaking the Record
Back at the manor's villa, Chris explained to Eric in detail about the Nokia Group acquisition.
“…… Because Nokia's sales business will become more and more focused overseas, we have set up an international sales company in Ireland to aggregate all the sales revenue from business outside Finland to Ireland, so that only about 10% of the income tax will be paid, and a large amount of money can be aggregated into an offshore fund in the Caribbean islands. In this way, Nokia's income tax can be maintained at about 10 percent, and if sales companies are set up separately in European countries, the income tax rate will be at least 20 percent. ”
When Eric heard this, he suddenly remembered the 'sandwich' tax avoidance scheme of international high-tech giants such as Apple and Google.
Looking up at Chris, who didn't mention anything about it, Eric thought about it, but finally didn't say it. After all, Chris and Yoma Ollilah are definitely smart people, not to mention that every multinational group has a department that specializes in tax avoidance strategies, and if they could think of a cheaper tax avoidance solution, they would not be able to do without it. If he suddenly said a series of plans to use Nokia's brand intellectual property and tax loopholes with zero tax rates for transactions between EU countries to achieve almost zero income tax, it would be too out of line for him, a high school student who has not even studied in college.
Chris also felt Eric's momentary desire to speak, and seeing that he didn't say anything, he continued: "51% of the shares of Nokia we acquired are entirely held by the Hawaiian fund set up in the Caribbean Islands, according to the current state of development. Nokia's business is set to explode in the next few years, and the $420 million we injected will only cover our R&D and marketing expenses for less than two years. At your request, Nokia will once again launch its IPO on the New York Stock Exchange in 1995. When the time comes, we will have a controlling stake. ”
Speaking of this, Chris suddenly looked up and asked, "Eric, I remember when you first took a stake in AOL, you also asked AOL to go public after 1995, is there anything special about this point in time?"
"It's not just AOL, Browser Software, Yahoo Portal, and Hotmail. There are also Firefly software, which was spun off from Firefly Pictures, and special effects companies in the digital field, which I plan to go public in the next two years after 1995. Eric had been prepared for Chris's question, and although the reason given did not match the facts in his memory, it was absolutely reasonable: "Because 1995 was the third year of Clinton's presidency, the information superhighway plan implemented by the Clinton cabinet will bear fruit in early 1995." For tech companies. This is the best time to go public, and if we miss this time, it is difficult to predict what kind of governing strategy the next president will adopt if Clinton is not re-elected. ”
Chris nodded approvingly, and the two discussed some more questions, and Chris closed the document in front of him and said, "Eric, are you really planning to buy Leslie Wexnay's LTD?"
"Yes. When I went to Bryant Park to see the fashion show during Fashion Week, I suddenly had some good ideas. It just so happened that LTD's Victoria's Secret brand could help me realize this plan. ”
"But Victoria's Secret is an underwear brand, right?"
"I wanted an underwear brand, and with that brand, I wanted to create a series of reality shows and make Victoria's Secret a pop symbol after Firefly had a TV station. ”
"Isn't there a Brighton Decoration Company, the grade of the two brands is not much......"
"Chris, a sweet-looking lingerie model with a hot body or a fashion model with dull eyebrows like a plastic doll, which one would you prefer to look at?"
Chris smiled and said, "Well, in this case, the investment company can't help with the plan to buy the TV network in Los Angeles, by the way, I just came back yesterday, and my former boss at Morgan Stanley, Mr. Hockridge, called me and asked if Firefly Pictures would issue bonds, and I didn't reveal anything to him, just said that I would mention it to you." ”
The acquisition of TV networks had just begun, and Eric didn't expect anyone to notice this, and asked, "Which investment bank do you think is more suitable according to the scale of Firefly's securities lending?"
"If you really issue tens of billions of corporate bonds as you originally envisioned, any investment bank on Wall Street will fight for this business, but if you want to get enough money as soon as possible, I suggest that this business be spread out to several investment banks, and it is best to contact a few European and Japanese investment banks, according to the credit rating of Firefly Pictures, they will give a more favorable commission ratio. ”
Eric wrote Chris's words on a memo next to him, saying, "I'll talk to Los Angeles in the evening." ”
"Then let's move on to LTD," Chris said, "I learned a little bit yesterday that LTD's largest shareholder is Leslie Weckersnay, who owns about 35% of LTD, and the company has a total market capitalization of $1.47 billion based on LTD's recent share price." After the acquisition of Nokia Group, the investment company only had $600 million left, which is only $100 million more than the market value of Leslie Wexner's shares, so if I wanted to buy it, I would need to resort to some of the 'despicable tactics' that are commonly used on Wall Street. ”
Eric noticed that Chris said the word 'despicable means', obviously a little excited, obviously, as an investor from Morgan Stanley, Chris is still more envious of those Wall Street tycoons who use leveraged buyouts to conquer the capital market, and in the past, whether it was the acquisition of Cisco's shares or the acquisition of AOL, even the latest acquisition of Nokia Group, Chris followed the normal business transaction process in a proper manner.
"Chris, the $600 million is completely up to you, and I'm not involved in this matter. You just have to take LTD at the end. ”
"Give me three months," Chris held out three fingers, "and I also need Brighton Clothing as a bargaining chip for debt financing." Following the completion of the acquisition, the two companies may merge directly. ”
"As I said, I'll leave this matter to you," Eric said with a smile, "Chris, you can unleash that Wall Street wolf in you this time." ”
"I suddenly like the word "The Wolf of Wall Street". ”
As the two looked at each other and smiled, Emily just pushed the door open and walked in, and it was already dusk. Because they were so focused on talking about things, they both forgot to turn on the lights, and the room was very dark. Emily couldn't help but shudder a little when she saw the dark smiles on the faces of the two big men sitting across the desk, and reached out to touch the switch to turn on the light, and Emily breathed a sigh of relief: "Hey." Gentlemen. I don't want to disturb your plot, but it's seven o'clock now, aren't you hungry?"
"Honey, we'll get over here," Chris gathered up the papers in front of him, and Eric also stood up, moved his body, which was a little stiff from sitting for too long, and walked towards the dining room with Emily.
Take advantage of Chris's time to go to the bathroom. Emily suddenly leaned over to Eric's side, "Eric, have you discussed that?"
"I've left it to Chris. You're just waiting to be the CEO of LTD. ”
"Wow, thank you so much," Emily clenched her fist.
……
In the restaurant, Emily excitedly talks about a series of changes in Brighton Decoration.
After New York Fashion Week more than half a month ago, after that perfect marketing strategy, Brighton Clothing quickly expanded its brand awareness to the United States and Europe, and although the next season's clothing has not yet been officially released, the company's ready-to-wear sales and orders have increased significantly.
“…… The other day, Leslie Wexnay asked us to buy us again, this time for $450 million, hehe, that old guy may not know, maybe in a few months, his company will be bought by us in turn. ”
Chris couldn't stand his girlfriend's baring teeth and claws, and interrupted: "Okay, honey, do you want everyone to know that we plan to take over LTD hostilely?"
"Of course not, I'm not a fool, will the people here reveal this?" Emily waved her little hand and said, "Eric won't, Joan won't, Eva won't, oh, and two little babies, Xia Xia and Kevin, you won't talk nonsense, right?"
In the baby chair between Eric and Joanna, seeing Emily talking to herself on the other side, Hawaii ahh
Seeing the reaction of the two little guys, Eva, who had come to eat again, suddenly said to Eric, "Eric, Kevin won't be ...... It can't be that, does it, it seems to be too stupid?"
Joanna glared at her sister: "Eva, don't talk nonsense. ”
Eva Pakula stuck out her tongue, but did not continue the subject, Joanna's majesty was much more useful to her than Eric.
Although neither Chris nor Emily spoke, Joanna noticed the same doubts flashing in their eyes as their sister, and said softly, "Vicky has checked the little one, and even checked his IQ, and there is no problem." The doctor said that it was only because Xia Xia seemed too lively that Kevin was too quiet. ”
"It's nice to be quieter, maybe I'll be a philosopher when I grow up," Chris complimented.
Joanna smiled and didn't speak, just glanced at Eric. She still knows Virginia's mind very well, Kevin is Eric's eldest son, and Eric doesn't treat the little guy as an illegitimate child at all, so Virginia hopes that Kevin can become Eric's successor, if she really becomes a philosopher, it is estimated that Virginia will definitely be very sad.
"As long as the little one can grow up happily, of course his future path is still up to him," Eric said, touching his son's little head.
Emily opened her mouth, but didn't say anything, and everyone in the restaurant except Eric noticed Emily's small gesture and was silent for a moment. Chris was also worried about Emily saying something, and kicked his girlfriend lightly.
It was clear to everyone that Emily was talking about how Eric was going to divide his personal property in the future, but it was too sensitive, after all, Eric was not even thirty years old now.
Of course, Eric also knows everyone's thoughts, as a time-traveler with the soul of an Oriental, the habitual thinking formed over thousands of years is not so easy to change, and Eriric, like the traditional Orientals, feels that it would be too sad if he laid a huge industry but no one inherited it in the end.
However, Eric also knows that he will never have only two children in the future, and he will always find a successor to his career, but although Eric is not like Lei Shidong and Murdoch, he still grabs power and does not let go, resulting in his children lacking enough experience and finally not finding a suitable successor, but even if Eric retires at the age of fifty, it will be many years later, and it is completely pointless to think about these questions now.
……
Early the next morning, dimly in the morning, Eric heard a rush of footsteps, and when he opened his eyes, he saw Eva in the bedroom waving a newspaper.
"Eric, Jurassic Park broke the box office record for E.T. the Extra-Terrestrial, $900 million worldwide, $900 million. ”
Eric covered his forehead, looked out the window at the morning light, and sighed how Joanna's sister could have more energy than herself.
Joanna also woke up, seeing that Eva was so excited that she completely forgot the appearance of the occasion, Joanna was a little helpless, reached out and took the newspaper in Eva's hand, picked up the pillow next to her and slapped it on this little sister a few times: "Eva, don't you know that it is rude to suddenly break into someone else's bedroom, if there is a next time, I will send you back to Poland." ”
Although she knew that her sister was threatening her and would not really rush her back to Poland, Eva still shrunk her neck: "I just want you to know the good news as soon as possible." ”
"Just send it back to Poland, maybe you can send it to Alaska, that kind of place works best for energetic people," Eric put his arm around Joanna's waist and gently rubbed against the woman's fragrant body, joking in a still sleepy tone.
"Alaska, such a cold place, I don't go, I'd rather go back to Poland. ”
"Shut up, get out of here," Joanna said again.
After blasting Eva away, Eric didn't feel sleepy, and sat up and opened the New York Times that Eva had just taken. (To be continued.) )