Chapter 337: The disappointed Hollywood she-wolf
"I've never treated my friends badly, and I'm not a stingy person."
On an open-air balcony on the second floor of Villa Murdoch.
Abel faced the CEOs of five large investment institutions on Wall Street, and he threw other temptations to these guys.
"I have always believed that everyone can make money together, and there are many opportunities for us to cooperate in the future."
"Some of my companies may also need your financial support in the future to get better and faster development, what do you think?"
The corners of Abel's mouth were raised, revealing his white teeth, his eyes were bright and sharp, and he looked at several people one by one, throwing out a huge bait to shake the other party's mind.
This time, the five EOs of the investment institutions were all shocked.
In the face of this deadly bait thrown by Abel Smith, no investment institution can refuse.
Investment banks across the United States, including Wall Street, know one thing.
That's Abel Smith, in addition to Smith Capital.
Of the several companies he controls, the development potential of any one of them is very huge.
Like Elizabeth Back Garden Company.
The company has only been established for a year now.
But in just one year, it has achieved 180 stores in the United States and 75 stores in Europe, with an exaggerated annual turnover of $2.5 billion.
The market has valued it at more than $3 billion.
But until now, it has not raised a single fund.
Even more striking is Abel's Smith Media.
Abel has repeatedly said that Smith Media will go public in the future.
Once it goes public, it will definitely reach tens of billions of dollars at its current scale.
With Abel's strong fame, it doesn't seem to be a big problem to surpass Disney.
If you can invest in it in advance, then when it goes public, you can easily get a few times the profit.
There's also Abel's new real estate company, which began buying real estate across the United States last year.
Since last year, the average home price in the United States has risen by about 10%.
In other words, this company has made at least 10% of its income since last year.
The point is that all investment institutions now know about it.
The White House and the Federal Reserve will vigorously stimulate the U.S. real estate market next.
This means that new real estate that has already hoarded a large number of good land and purchased a large number of luxury homes in advance will definitely have a terrible increase in value in the future.
If it can be listed, it will also be a company with several times the profit.
There are several such companies under Abel.
These companies, if they can get a stake, get a part of the shares.
When it goes public one day, it will definitely make them a lot of money.
Abel looked at the five of them with a calm and confident smile.
He had too many chips in his hand, and he wasn't worried that the vampires would resist the temptation.
Look at the present, throw out a random one, and it will make them show a greedy gaze.
At this time, William, CEO of State Street Bank, was finally the first to hold back, and he said:
"Mr. Smith, State Street feels that it will be of greater benefit to the future of American Express by having you as a director of Amex. State Street is here to support you."
"That's great." Abel smiled and said, "What about the shares in Elizabeth's back garden? 5%, $150 million."
William smiled: "Very good, State Street Bank is willing to subscribe!"
Although it is only a small beet Isha company before a meal, the stake is only 5%.
But in the future, if Isha goes public, it can at least bring more than twice the profit.
& William felt that at this time, the price was not at all a loss.
Abel also felt that it was not a loss.
He was on Elizabeth's Back Garden Company
The total investment cost only about half a billion dollars.
After the success of that marketing, it was able to start self-hematopoiesis.
It has always been its own profit to support its own development.
If all five investment institutions want it, 5% each, a total of 25% of the shares are sold.
Abel will also own 75% of the remaining shares.
And this 25% stake, worth $750 million, is more than Abel's investment in Isha!
What's more, Abel already wants to engage in the A-share model here in Isha Company.
At that time, Abel only needs to hold a small amount of voting shares to control Isha's company and indirectly control the angels, isn't it beautiful?
In this way, you can play, and you can make money with the money of other investors, and you can also use it to exchange for benefits in other fields.
Abel felt perfectly acceptable.
Seeing that State Street got the benefits first, the CEOs of several other major investment institutions couldn't help it.
"Well, I agree with William, I'm fine!"
"Mr. Smith, we at Vanguard Group support you to join, and if the price is right, we are willing to sell some of our shares! Of course, we want the shares of Isha too! Maybe it's possible to swap shares?"
"No problem, over the past few years, the magic of Amex has faded and its revenue and earnings growth has declined, and I am very much looking forward to Mr. Smith allowing Amex to continue to perform its magic!"
"We at Fidelity very much hope to become better friends with Mr. Smith and deepen our cooperation."
「.」
The corners of Abel's mouth rose more and more, and he smiled confidently.
A play ticket nature, mainly to play the model of the Isha company.
It only has shares that have the right to dividends, but it can be exchanged for shares in an important company like American Express.
Who is going to reason with this?
But in reality, it just happened.
The reason is only because of the Isha company at this time, it can obviously bring more benefits!
On the stock market!
In the capital markets!
No matter what country's capital market it is, investors like to invest most in companies that can tell stories.
There is no doubt that the story it tells in Elizabeth's back garden is particularly good.
The annual turnover is 2.5 billion US dollars, and the profit margin is as high as 66%.
The expansion is staggering.
Such a company, even if it is in a field with a small ceiling.
But it's a good story!
If the story is told well, the listed stock will sell well.
The company that invests in it in the early stage can make a lot of money.
This is also the reason why even if Internet companies lose money all year round, the price-earnings ratio and market value can always be very high.
They can tell stories, and they tell them so well!
Abel picked up the champagne that had been sitting on the table next to him, and the others immediately understood what he meant, and they all took a glass each.
He smiled and held up the champagne and touched the crowd, "Thank you, in the future, you will be proud of today's decision!" Happy working together!"
"Happy working together! x5」
At the reception site, I occasionally talked to my son.
And Murdoch, who spoke to Raven, the CEO of News Corporation, has actually been paying attention to the situation on the terrace.
At this moment, Murdoch saw on the terrace, and those financial tycoons raised their glasses in celebration.
Murdoch knew that they must have come up with something good.
"I don't know who will be unlucky this time."
Murdoch couldn't help but whisper.
After all, what can make financial giants celebrate, there will be companies in other fields that are unlucky.
His son and his CEO, like Murdoch, are paying attention to the situation.
In fact, there was not anyone in the entire reception who did not care about the above.
「
What company is he going to buy this time?"
James Murdoch whispered.
"Who knows?" Murdoch whispered, "Anyway, it's not going to buy News Corp., right?"
The old guy made a little joke.
Everyone who knew that the group's equity reform had been successful also laughed with Murdoch.
Including Murdoch's Chinese wife, who has been beside him and looks gentle and virtuous.
If it had been before, Murdoch might have really had that concern.
You won't laugh at this time.
But not anymore.
Because Murdoch in his News Corporation, through internal equity reform, has used the A-share model.
The so-called A-share model is to divide the stock into two types in the company's stock.
That is, the voting rights of class A stocks are capped at ten votes, and the voting rights of other types of stocks are only one vote.
If the A shares are 10 voting shares, then you only need to hold more than 5% of the Class A shares to fully control the company.
In later generations, many Chinese Internet companies and mobile Internet companies used this model internally.
But this model is obviously not the first of its kind in China, let alone a company in Silicon Valley.
As early as the last century, companies of this model have appeared in the United States, even listed companies.
&1 year ago, there are about 5,000 listed companies in the U.S. stock market.
Among them, 236 households use this model.
With this model, the Murdoch family would be able to maintain control of News Corp. unless all the shares were sold.
At this time, if Abel and the five major institutions buy a large number of News Corp. shares.
Instead, it was helping Murdoch and bring up News Corp.'s stock price.
Murdoch himself was the first to raise his hands and feet in favor.
"Look over there."
Suddenly, beside Murdoch, his young Chinese wife whispered:
"Those people are around Anne Hathaway, what are they trying to do?"
Murdoch, Murdoch Jr. and others looked over and saw Anne talking to some Hollywood actresses.
Murdoch frowned, he didn't want Abel's female companion to have any problems at his drinking party.
Not even the smallest problem is.
Murdoch immediately said to his Chinese wife:
"Wendy, let's go take a look. Don't let those stupid guys ruin my drinking party."
&1 year now, Wendy Deng, who has just been married to him for a few years, is not so active in the social scene.
At this time, she was still trying to gain Murdoch's favor and trust.
Parallel time and space, she also gave birth to two children to Murdoch after 03 years of IVF surrogacy for several consecutive years.
gradually gained Murdoch's trust and was able to use her social skills in the United States.
So now she is not as active as she will be in the future, and she has been by her husband's side all night tonight, never far away.
At this time, with Murdoch's permission, Wendy Deng, who had long wanted to take the initiative, was very happy.
She was very happy in her heart, but she was still very gentle on the surface, "I understand, I'll go now."
Wendy Deng suppressed her excitement and went over there.
After the young stepmother left, James Murdoch was blunt about his father:
"Father. I still don't like her, even if she's your wife."
News Corp.'s CEO, Raven, was a little embarrassed at this time.
He didn't want to listen to this kind of family affairs of the Murdoch family, and he would get into trouble if he heard too much.
Murdoch glanced at his son, "Not in front of her, so be it." Smith, they're coming."
James looked up, and sure enough, he saw the CEOs of the five investment institutions and Abel coming down.
Little Murdoch shut up immediately.
Abel coming down from the terrace
and others, undoubtedly attracted the attention of everyone at the reception.
Including the small circle of Annie, who already has one more Wendy Deng.
In this small circle, Gwyneth Paltrow, Angelina Jolie and other Hollywood actresses are also members of the "Bi Lichi Sisters".
However, everyone, including Anne, found out that after coming down from above.
Abel actually beckoned directly to Anne, waiting for Anne to pass.
He took Anne with him and went to Murdoch's side to say a few words.
As a result, Murdoch smiled and took his son and sent Abel out in person.
In other words, Abel and Anne left the party.
"What's the situation?"
Gwyneth Paltrow, who had been close to Anne just now, was dumbfounded.
This acting skills are average, but he has a good Hollywood background, and at the same time, he is surprised by Spielberg, the godfather.
"I don't know." Angelina Jolie muffled.
Even if he was very reluctant, the reality was that Abel ignored the existence of these Hollywood she-wolves, and left with Anne after the discussion.
Many of the plans of these Hollywood she-wolves have directly failed, and they are all very disappointed.
Next
This day is the 6th of the month.
While New York is starting to get cold, it's still very warm here in Los Angeles.
And for the top management of American Express in the Dow Jones Industrial Index, as well as some shareholders.
Something happened today that made them feel cold inside.
In Los Angeles on the West Coast, Abel officially announced that it intends to acquire Amex for $28.9 billion.
As soon as this news came out, it immediately shocked the global financial industry and the travel industry.
Abel Smith's U.S. Pacific Commercial Bank plans to launch a tender offer for American Express.
Acquired Amex for $25 per share in cash, with a total value of $28.9 billion.
As of press time, Yuntong's share price rose more than 5% pre-market.
More media directly estimated on the press release that before the stock market closes today, the stock of Yuntong Company is likely to rise by more than 60%!
Because before Abel launched the tender offer, Amex's stock price at that time was $17.5.
At $25, there is a premium of almost $8.
This part of the premium has reached almost 50%.
Combined with the person who bought the company, it is Abel, the richest man in the world.
There will definitely be a lot of retail investors entering the market, wanting to grab a part of the shares of Amex, so as to drink some soup in the process of Abel's acquisition of Amex.
This is bound to lift the stock price, which could easily exceed $25 a share.
Some media even claimed that once this deal is successful, it will not only be the largest merger and acquisition in the global banking and finance industry this year.
It will also create Abel Smith to become a real commercial banking giant and consolidate the foundation of his wealth.
It may even have a direct impact on the existing banking situation in the United States.
Behind this sky-high acquisition plan that may subvert the pattern of the U.S. banking industry, Abel Smith, a 21-year-old genius investor, super media predator, and the world's richest man, has once again become the focus of attention of the world's news media and the banking industry.
Although the jury is still out on whether the acquisition will actually be completed.
But the acquisition of Amex is very much in line with the character of Abel Smith as an "acquisition maniac" in the past two years.
It seems that there is no warning, but in fact, it has already been laid out, and when it suddenly strikes, it is followed by a strong cash strength, and as an opponent, it may have no power to fight back.
There was the Sampura Energy Group before, and there are many other examples of companies there.
Everyone unconsciously thinks that it is only a matter of time before Abel Smith's acquisition succeeds.
An hour after Abel's press conference ended.
Amex responded that it would review the proposal and act in the best interests of shareholders.
Kenneth Chernot, CEO of Amex, was immediately interviewed by the television media.
The implication of this statement is that Yuntong is not willing to be acquired, and Yuntong can create a new round of value for shareholders by relying on its own strength now.
However, it is clear to everyone including Amex themselves that this is just wishful thinking on their part.
For Abel Smith, who has been in business for nearly two years, and every time he makes a successful move, the idea of these acquirees is useless.
> The TV station didn't count that time, because both sides were still in contact, and the program was not opened.
After the press conference, Kenneth Chernot also quickly left for New York.
Kenneth Chernot invited a group of shareholders who had supported him to hold an internal meeting in New York.
At that time, Abel was acquiring Sampura Energy.
Kenneth Chernot dared to jump out because of the support of these people.
It can even be said to be forced.
Otherwise, Abel has always been relatively gentle in dealing with the original management of the acquired company.
Kenneth Cherott, a high-level worker, really didn't need to fight him.
It's just that Abel was not a major shareholder at the time, and the other shareholders asked Kenneth Chernot to do the same.
Even if Kenneth was a little apprehensive, he had to stand up at that time.
In the media, he maliciously exposed the deal between Abel and Buffett.
They were also slandered as "concerted actors".
This was a big risk for Kenneth Chernot.
If Abel or Warren Buffett were to join the company at random, they would be just to establish authority.
It will also kick Kenneth Cherott, the CEO who dares to talk nonsense.
Kenneth Chernot was in a dilemma.
But in the end, he succumbed to the pressure of shareholders and chose to come forward.
After all, Abel couldn't help him at that time, but the shareholders united to get him down.
In addition, if Abel really becomes the owner of the company, there is also a certain degree of uncertainty.
Kenneth Chernot was somewhat worried, and stepped forward.
Well, now woe has come.
Abel shows his wagon and wants to get American Express.
Kenneth Chernot felt that his shoulders were too narrow for the small CEO to bear, so he still had to find the support of the shareholders behind him.
He mobilized his contacts and invited the shareholders who had asked him to refuse at that time.
Kenneth Chernot wanted the support of these people.
lest he be fired by Abel after Abel's acquisition was successful.
Even if you know it's unlikely.
But for this position, which earns more than $10 million a year, Kenneth Chernot has to do whatever he says.