Chapter 326 SBBA Controlling Interest (2)

Usiris smiled and said, "Guys, you can bid together, and finally take one person's hole cards to play with me, how about it?" ”

The implication is that with 1 to 3, the opponent is allowed to use the best deck of hole cards to fight with Ussy. All three win together or lose together!

"It turns out that the little fox has made up his mind to swallow the three families in one bite!"

The three old foxes looked at each other, and they agreed on the spot. SBBA backstage is very tough, if it is forcibly acquired, it will inevitably lead to vicious battles, and in the end, no one can fall well, everything is for business, there is no need to turn face!

The game continues, but it's very dull, just PASS over and over again.

After another seven, Donald-Trump was so confident that he finally made a bid, and it was clear that he had a good hand, 100 percent of the biggest straight flush on the board.

It doesn't matter whether Jerry Bass and Ross Grannick fold or not, so they have to go along.

Usilis followed.

Donald Trump, who has always had a big personality and a big mouth, arrogantly showed his hole cards and played a straight flush starting with the queen of spades, which was the best deck of cards in the trio's hands. This hand already has a high win rate, except for 2 possibilities.

Reality is so unforgiving, and one of the possibilities actually happened.

Ursiris showed a straight flush with the king of spades.

Donald Trump was dumbfounded, Jerry Bass and Ross Grannick could only sigh and admit defeat.

The onlookers were amazed and applauded, this Ussi is too ruthless, and the "stunt of not looking at the cards" is indeed a bit incredible.

Three cash checks were handed over to Ussy.

William Cohen and others opened the champagne to celebrate Ussy's $878 million win.

Donald Trump, Jerry Bass, and Ross Grannick, the three of them had no appetite at all, and reluctantly smiled, had a drink with Ussy, and were about to leave, but were stopped by Ussy.

"Guys, wait a minute, it's all business, I think we need to talk!"

Usilis immediately changed his mind and actively recruited three new players.

Today's game is also a temporary black market gamble. According to an unwritten underground rule, win or lose half of the money, and meet later. Greed is an original sin, which can easily lead to business wars or being beaten up.

An underground tycoon once said, "If you don't want to get a sniper headshot, don't be too greedy!" ”

Donald Trump, Jerry Bass, and Ross Grannick let out a sigh of surprise and stopped to hear what Uxie wanted.

Usiris pointed to three checks and said, "Guys, I wasn't going to sell my absolute controlling stake in SBBA, but now I've changed my mind." Became a member of the Supervisory Board at twice the price. In the future, OK Investment has the right of first refusal to match the purchase, up to 1.25 times the market value of the year, how about it? ”

This condition is very generous, and if you have already lost, you will suddenly get some shares, and even if you compare half of the amount, you can become one of the major shareholders. As for the right of first refusal, it is a parody of the NBA's restricted free agent clause, forcibly blocking the future plans of the majority shareholder to buy and merge shares.

As for the board of supervisors, to put it bluntly, it is a shareholder, which can review the company's finances, initiate internal lawsuits, and order the company to lay off certain senior officials, but it has no operational authority. Vice Presidents, on the other hand, have operational authority and can designate various plans, component management, and so on.

Of course, if the vice president is willing to cede his position to the supervisory board, this is a different matter. Even if this happens, Ussi will only go with the flow and will not forcibly interfere, because anyone can manage it, as long as the company is running better and can earn more dollars, the most important thing is to make it better!

Turning enemies into friends is indeed a masterstroke!

All the bigwigs admired Ussy's move from the bottom of their hearts, and gave a thumbs up on the spot, praising again and again,

The Donald-Trump trio agreed without even thinking about it, and it is clear that they had prepared for the worst and set a retreat. Even if Usy doesn't take the initiative to propose this deal, the bigwigs present will clearly hint that they will take turns to play and bitterly advise Usy what is the truth of "being a man can't be too greedy".

What's even more incredible is that Ross-Grannick actually came up with a stack of pre-drawn contracts, and the terms of the three-point contract were exactly the same as what Usy had proposed.

Hey, David-Stern, the old fox, magically predicted Ussy's final choice, and sure enough, his powers are vast and his magic power is boundless!

Half of the game, the company's acquisition of up to 1.25 times, these two unspoken rules, people who do business understand!

There is also an additional clause in the contract that when SBBA's debt for a future year exceeds 50% of the total assets for that year, OK Investments must surrender a controlling stake and the members of the Supervisory Board have a final purchase right of 1.25 times.

Hey, David Stern is still biting SBBA!

Usiris agreed without hesitation.

The Donald-Trump trio signed and sealed on the spot, and the contract was handed over to Usy's agent, Mark Frederick, along with the check.

Three checks, $878 million, purchased a large amount of shares from OK Investments at twice the price, and the actual amount of shares in SBBA was 439 million. The other half of the 439 million was directly transferred to the account of OK Investment.

Without taking into account the additional capital investment of OK Investment, SBBA's total assets of $1,837.5 million, originally planned, have also increased to $2,276.5 million.

The $937.5 million in assets that have been allocated to SBBA, as well as an office building and land worth $41 million that has just been purchased, are physical assets, and the remaining $1.298 billion are working capital. A range of commercial operations plans can be activated at any time.

At the same time, the proportion of shares of all shareholders of SBBA has also changed.

For example, OK Investment, which used to have an absolute controlling stake of 51%, has now shrunk to 41.18%.

For example, the NBA Group invested 439 million in SBBA, owning 19.28% of the shares, and became the second largest shareholder.

For example, the Trump Organization and the Bass Group each invested 100 million shares in SBBA, owning 4.39% of the shares, and are the third largest shareholder.

For example, 12 small shareholders such as James Dolan have bought shares for $30 million, and the original stake was 1.63%, but now it has shrunk to 1.317%. (To be continued.) )