Chapter 121: Sterling the Miser
Los Angeles, Clippers Club.
Sterling, the owner of the Clippers, is sitting leisurely in the office at this time, although the Clippers' results this year are not good, but the Clippers have created enough benefits for him.
He's now preparing for the June draft, and this year the Clippers have two first-round picks, so they can work on that and then develop and send them out, which is what Sterling wants most.
As soon as he thought of the green bill, Sterling was in a trance.
In Sterling's thinking, money always comes first, and for the sake of money, not to mention selling players, it is okay to sell the Clippers, but it depends on the price offered by the other party.
This old guy doesn't care if the Clippers are good or not.
"Suzu??????" The phone rang on the desk, calling Sterling out of the Italian silver.
"Hey, hello." Sterling said as he reached for the phone.
"Oh, Mr. Sterling, have you provoked anyone?" As soon as the phone was connected, the other party asked anxiously on the other end of the phone.
"Oh, my dear fellow, why do you ask that? Is something wrong? Sterling asked, confused.
"Mr. Sterling, I woke up this morning and the NASDAQ staff called me to tell me that someone was cracking down on your industry, making a hostile takeover, and that the other party was crazy." The voice on the other side of the phone was a little anxious.
"Oh? Marvin, my dear fellow, how could this be? Not only was the person on the other side anxious, but Sterling was also anxious when he heard it.
Marvin, Sterling's lawyer, represents Sterling in all matters of Sterling's legal affairs.
"Oh, dear Mr. Sterling, have you offended anyone lately?" Marvin asked on the other end of the phone.
"Marven, don't you know me yet? I never provoke people who are stronger than me, and besides, I've been busy with the Clippers lately, how can I provoke others. Sterling said.
Sterling made his fortune on stocks, and spent $12.5 million to buy the Clippers in '81, although the Clippers' results have been bad, but now the Clippers are still worth more than $50 million, so to speak, Sterling's investment has earned him 5 times the benefit so far.
Even if he spent more than $10 million, this old guy still has nearly $100 million in my hands, so he bought all the funds in his hands to buy other companies, and they all have absolute control, over the years, Sterling has been developing smoothly, and now, his lawyer actually called to say that his property has been attacked by strangers.
"Mr. Sterling, as your lawyer, I must tell you that if this stranger continues to maliciously attack the takeover, then we need at least $500 million to stop the other party." Marven said.
"Oh God, how can I still have 500 million dollars, it's hard for you to come up with 100 million dollars now." Sterling said.
"Old man, I'm just saying if the other side continues to do this. But if they don't buy it again, then we don't need that much money. Seeing that what he said was too serious, Marven hurriedly said.
"I hope so." Sterling said, rubbing his head.
"But, old man, you better pay attention, it's best to get some stocks back as soon as possible, just in case." Marven admonished again.
Sterling nodded and agreed.
Hanging up the phone, Sterling rubbed his staff's head and began to think about the other party's purpose.
In addition to owning the Clippers and an asset that can attract people, most of the remaining assets are not large assets, even if the other party buys them, it makes no sense, is the other party coming for the Clippers?
However, Sterling feels that this view is a bit ridiculous, if you want to control the Clippers, you need at least nearly 70 million US dollars, and this is still the best money, if you encounter any difficulties, even if it is 100 million, you may not be able to take it, not to mention that the stock of the Clippers flowing on the stock market is less than 35% in total, even if the other party eats it all, it is impossible to control the Clippers, unless you agree.
But will you agree? The Clippers are their own cash cow, although they don't make much, but the Clippers only see the impact they bring invisibly, but they make enough money, so the Clippers themselves will not let go unless they have to.
However, when he thought of the other party's attack on his other industries and hostile takeovers, Sterling was very annoyed, could it be that the other party used the legendary "Wei Wei to save Zhao" in the ancient oriental?
However, Sterling's idea was confirmed less than an hour later.
The result is that he is smart!
Stirling was alone in his office thinking about these things, time slowly slipping through his fingers.
Suddenly, the phone on the desk rang again, and Sterling picked it up: "Hey, hello. ”
"Boss, someone downstairs wants to see you, but he didn't make an appointment, but he said he has something very important." The caller was the secretary in charge of Sterling's business.
"Oh? The most important thing? Did he tell me what was going on? "Although such strangers come to the door every day, and every time they come, they also say that there is something very important, but today Eitling vaguely feels that this person may really have something important to find him.
"He just said he wanted to talk to you about the acquisition."
"The takeover thing? Yes? Hurry up and let him come up. Thinking of Marven's call just now, Sterling knew that this person was not good today.
After hanging up the phone, Sterling walked around the company like an ant on a hot pot, and now he is more and more sure that the other party is coming for his Clippers team, he is now the largest shareholder and chairman of the Clippers, and has an absolute controlling stake in his hands, and the other party wants to buy the Clippers, and the shares in his hands are absolutely the key, otherwise let alone control, even becoming a shareholder of the Clippers has difficulties.
The United States is a legal society, and there are clear laws and regulations for the acquisition of evil surnames.
But what can this be, its other companies may be completely acquired by the other party, and if the other party has more funds, then even if the forced acquisition of the Clippers has the possibility of success, even if it cannot be absolutely controlled, but it is still possible to solve the problem of management rights through the law, so that they will have nothing.
Thinking of this, Sterling decided that it would be better for him to have a good talk with the other party.
"Knock Knock"
In Sterling's anxious and apprehensive mood, there were finally two knocks on the door outside.
"Please come in." Sterling sat down in his office chair before shouting.
The door opened, and a middle-aged man walked in from the outside.
"Hello, Mr. Sterling, let me introduce myself, my name is Clyde, and I have come to do a business with you at the request of my boss." It was none other than Clyde.
After Lin Yu called that day and said that he wanted to buy the Clippers, Clyde and Jason discussed the details, first going into the hostile takeover and cracking down on Sterling's property, and then talking about the Clippers.
Now it seems that the plan of the two is relatively successful, at least Sterling is already in a bit of a hurry.
"Oh, dear Mr. Clyde, Clyde? You mean your name is Clyde? Sterling, who was smiling, reacted before he could finish saying hello.
Clyde, a dignified negotiator, has nothing to know in the upper class.
"If that's right, then I'm the Clyde you said I was." Clay said with a smile still on his face.
"Oh my God, Mr. Clyde, you said you were going to make a deal with me?" After calming his mind a little, Sterling wondered.
"Yes, sir, I was entrusted by my boss to negotiate a business with you." After a pause, Clyde continued: "I think you've heard the news from the NASDAQ, let's put it this way, our boss values the Clippers, so he wants to buy all the shares of the Clippers from you." ”
"You're suppressing my other industries just to get the Clippers?" Although he had been prepared for a long time, Sterling still couldn't believe it.
You know, the money needed to suppress a company does not have to be much less than the company's own funds, and sometimes even more.
Now, this person in front of him is actually suppressing other industries in his hands in order to buy one of his own industries, and Sterling doesn't know if he is old or the world is too crazy.
"Yes, sir. We just need to get the clippers in the end, and we don't dare to be interested in the rest of your business. Clyde nodded.
Sterling was choked by Clyde's words, what does it mean to be afraid to be interested in other industries in his hands? My own industries are now worth more than 200 million US dollars, and the other party actually said that they are not interested in the industries of more than 200 million US dollars?
At this moment, Sterling is not sure how much money the other party will have, but it is certain that the other party must have more money in his hands than him.
More than him, it will be at least more than 400 million US dollars, but just now the person in front of him said that he was not interested in his industry of more than 200 million funds, so Sterling was not sure how much money the other party would have.
However, no matter how much money the other party has, such a person is not something that he can offend.
At this moment, Sterling felt that his heart was dripping blood, and one of his own cocks that laid eggs did not expect that it would be gone now.
I really want to say yes, but what can I do? Do you want to give up your other industries for the sake of this one industry? That's 200 million US dollars, how can I be willing to leave it, a clipper, if it's gone, it's gone, anyway, I've created enough value for myself, and it's useless to keep it, at this moment, Sterling has to comfort himself like this.
Thinking of this, Sterling was more concerned about the price of the other party's purchase, and hurriedly asked: "Mr. Clyde, I don't know how much money you will take to buy my shares?" ”
(To be continued)