Chapter 108: Cooperation Refused
In the end, Ariana still couldn't come up with the slightest specific operation plan, so she had to say that she would give feedback to her colleagues in the M&A department and give an answer as soon as possible.
However, she speculated that the Mellon family might be involved in this business.
Because when Hall left the Goldman Sachs headquarters, he said that he would visit Mrs. Mellon in the afternoon.
As far as she knew, the English genius was not an artist, so did Madame Jomeron have afternoon tea to talk about Oreo biscuits?
"I'm sorry Hugo, but although it's your first time visiting, I have to talk to you about charity. Our nation's Midwest is suffering from its worst drought in five decades, and the sun is scorching large swathes of Minnesota and California...... Farmers are in dire need of relief when they see no harvest."
On the Upper East Side, in a single-family villa near Central Park, Mrs. Mellon looks tired and compassionate.
"500,000 dollars."
Hall pulled out a checkbook and wrote down the numbers, "Your kindness is admirable, I don't have time to go to the affected area, please help transfer this insignificant assistance."
"Oh, God." Mrs. Mellon sighed, "You know, this is the largest private donation I've received in half a month. It came from a young man in England, and I was ashamed of it."
Holden was speechless, "Well, you know, I'm in the financial industry, so I naturally have more cash flow than anyone else to do charity."
He really didn't expect the rich Americans to be so undignified, which is as outrageous as Warren Buffett personally borrowing money from Bill Gates and then borrowing hundreds of thousands of dollars.
"No need to be modest, I saw your news in the newspaper some time ago. You are indeed a good boy with a sense of justice and responsibility, and you deserve praise. Your name will be at the top of this donation list, before me." Mrs. Mellon took a sip of black tea and gave a subtle promise.
Hall didn't hesitate to say that he didn't want to be in the limelight when he first came to New York: "My mom used to teach me to do things like great people and to discipline myself like ordinary people. Thank you for the compliment, but I hope to keep it low-key."
"Your mother must have been a very philosophical lady." Mrs. Mellon smiled helplessly, "Okay, so how can I give you back? I can't ignore the precious charity that shines like a jewel."
Hall thought that 500,000 dollars could buy a bunch of gems, and said lightly, "I will study at Columbia University in the next few years, and if you can recommend me a residence, it will be the best reward."
Because of her scumbag father, Helena has bought real estate in Milan, Paris, Los Angeles and other parts of the world, but not in New York.
「…… My niece, Audrey, has a house on this street, which was an adult gift from Elsa. You have the same experience, you are the same good, you are the same kind. I think they'll be willing to inherit this house to you." Mrs. Mellon thought for a moment and said with a serious expression.
Elsa is her husband's own sister, and she married Audrey, a scumbag boy blind in her early years. Later, she divorced and became a strong woman, ran the family inheritance thrivingly, and raised her daughter alone.
Later, Audrey mysteriously disappeared in a plane over the Caribbean Sea. Elsa could not bear the blow of losing her only spiritual sustenance, and the next year she went to heaven to find her daughter. ….
This story has a tragic ending, but the first half is very similar to Hall's mother and son.
Mrs. Mellon has pursued art all her life and has never lacked sensibility. So it was decided to give the property a long history and a heritage of more than 100 years to give it more legend.
In fact, decades later, Manhattan's big flat-story mansions were hyped up to the sky by the world's wealthy and upstarts, and not only out of love. Another reason is that the most privileged single-family residential areas around Central Park are all controlled by old American money.
These properties, which have been passed down from generation to generation for hundreds of years, would never have been put into circulation in the market if the family had not gone bankrupt. And even if you sell, you have to get the approval of your neighbors.
Therefore, to be able to buy a house here, from a certain point of view, it can be said that half of the foot has stepped into the local old money circle.
Hall reaped the unexpected joy, and the more he looked at it, the more he felt that the old woman in front of him was kind and kind, which made him a little embarrassed to say this
The real purpose of the day visit.
"Hugo, do you have something to talk about?" Mrs. Mellon's level of observation is first-class.
Hall perked up, "That's right, in fact, I'm here today to seek cooperation with you and the Mellon family. I am ready to launch an investment and acquisition of Reynolds-Nabisque, a heavily undervalued company with significant revenue potential. But it's too big for me......
"I haven't had a business for many years, do you have a specific business plan, I can help you pass it on to Paul." Mrs. Mellon sat up straight, and the maid in the corner gave her glasses.
Hall shook his head, "I'm sorry, but since this is a multi-party M&A business, it must be kept confidential. I am not in a position to provide any detailed proposals on paper until the initial intention of cooperation is confirmed."
"Understanding, respect for business is the key to success." Mrs. Mellon frowned slightly, "I'll help you tell Paul, but frankly, you're likely to be disappointed."
"I was just rejected by Goldman Sachs this morning, and I know full well that almost no one wants to be interested in such an unreliable-sounding collaboration......" Hall smiled regretfully on the surface, but secretly breathed a sigh of relief.
Historically, Reynolds-Nabiske and the financial institution KKR joined forces in October this year to contribute a total of more than $20 billion in the business war of the century, and the final outcome was sprinkled with chicken feathers, and no one reaped the benefits.
So he didn't want to merge Reynolds-Nabiske at all, but planned to fish in troubled waters - buy Reynolds-Nabisque shares at a low price in advance in the secondary market, and wait for the first two to work hard to complete the merger at a super premium.
Sell your stock and make a big profit.
Now that Reynolds-Nabiske shares are hovering around $70, Hall vaguely remembers that KKR paid more than $100 per share for the acquisition. With a yield of up to 40%+, this is the best short-term investment he knows about in recent times.
And considering the volume of funds, with a plate of more than 20 billion US dollars, it is one of the few options that allows him to fully leverage and improve the utilization rate of funds without worrying about causing a butterfly storm.
Even if it causes a butterfly storm, it is a fact that Reynolds-Nabiske is undervalued, and the investment risk is very considerable.
As for why we should go around swaggering and deceiving people into cooperating, it is to seek a reasonable reason to trick people.
Hall can make accurate predictions about the general direction of financial markets without responsibility, and even accurately predict black swan events. Because no one can predict the future, everyone stands in their own perspective.
However, when it comes to a specific business case, anyone with a long head should suspect whether he is suspected of insider operation or abnormal.
Based on this, in order to avoid unnecessary trouble, Hall had to try to make the whole process of happening seem logical and normal.
96.
I'm mortal