The Age of Rebirth

Chapter 466 Three Hundred Times Yield

Although according to the definition of the right of disposal, if Li Weidong is not satisfied with their quotation, he has the final veto right, but it is just lip service.

Li Weidong knew in his heart how firm his determination to sell the stock was, so this quotation must be the final transaction price, and there will be no change.

He has been waiting for three days, and if he starts from the beginning, he has been waiting for five years, but at this moment, it seems that he is really excited involuntarily.

There was a knock on the door, and Li Weidong stood up suddenly, but thinking of this made him a little uneasy, and he lost his prestige as the chairman.

He sat down slowly again, and continued to bury his head on the computer's game interface. In fact, he didn't know what was going on at all, and then said lightly: "Come in!"

The door of the office opened from the outside, and Zhang Dongshuo walked in excitedly. Seeing Li Weidong buried in front of the computer, he sighed in his heart, the boss is indeed the boss.

When Netscape went public and sold shares in Netscape back then, he also ran in so excitedly, but was scolded!
Zhang Dongshuo calmed down, but still said excitedly: "Chairman, all 5 companies have submitted their quotation letters and are checking. The results will be announced in [-] minutes. Why don't you go and listen?"

"Calm down, the results will be delivered in a while, so why worry!" Li Weidong said dutifully.

"Isn't everyone expecting you to be the first to witness this historic moment?" Zhang Dongshuo complimented with a smile. The 300 billion case is unheard of.

In fact, after Zhang Dongshuo walked in, he could already see the small waves in Li Weidong's heart. Although Li Weidong didn't lift his head, his fingers shaking the mouse trembled irregularly.

Zhang Dongshuo has been with Li Weidong for so long, and he still can't see this situation, so his secretary is too incompetent, and he has been fired a long time ago.

Li Weidong took a sip of tea and said with a smile: "A historic moment? That's true, so let's go and see it?"

"Yes, yes, yes, let's go and have a look!" Zhang Dongshuo immediately came over and took Li Weidong's teacup, and said hastily, with an expression that seemed to fear that Li Weidong would regret it.

You have to do a full set of plays, and this is indeed a historic moment, you have to witness it.

Li Weidong was in front, and Zhang Dongshuo followed carefully behind, holding a teacup worth several thousand dollars. The two entered through the back door of the conference room and sat down in a corner.

Fortunately, the meeting room was large and there were a lot of people. The addition of two of them did not cause much commotion. It just made a few people around look at it twice, and did not disturb others.

Sitting in front, Fu Xiaomin, Jiang Zhili, and Zou Yi, who were sitting in front of everyone, had naturally noticed that Li Weidong had come in, but this was not the time to say hello, so they could only nod slightly.

"Gentlemen and ladies, several representatives have inspected the quotation letter and confirmed that there are no problems. Now I will announce the results!"

Fu Xiaomin spoke fluent and pleasant English on stage, while Zhang Dongshuo performed "simultaneous translation" for Li Weidong in Chinese below, and took out a notebook to start recording.

"BlackRock Group, the price per share is 397.53, 1600 million shares, and the amount of performance credit certificates meets the requirements!"

The first announced result made Li Weidong feel relieved. This offer is likely to be stable!

Zhang Dongshuo began to draw a few lines in his notebook, and recorded BlackRock's quotation on the first line.

"KPCB, the price per share is 386.53, 800 million shares, and the amount of performance credit certificate meets the requirements!"

……

"Leading Group, the price per share is 399.25, 2600 million shares, and the amount of performance credit certificate meets the requirements!"

There was an uproar below, Vanguard Group had 1000 million more shares than BlackRock Group, and the price was a bit higher, which separated the strength and status of the two asset management companies.

But this is not the reason for the sigh below, but because, if there is no accident, another major shareholder of Yahoo with more than [-]% appeared.

The total share capital of Yahoo is 600 million shares. It is estimated that Vanguard Group bought 2600 million shares at this price, which is more than [-]%.

This is probably not a good thing for Yahoo!
These professional asset management companies have much higher requirements than Li Weidong, and have a higher level of management. They have rich experience in fighting disobedient boards of directors, and they have been tried and tested repeatedly.

If you want to acquire companies with poor financial performance, it is estimated that under the control of these asset management companies, it will be difficult to pass the board of directors. These asset management companies are best at finding loopholes in various texts to defeat you.

It doesn't matter if you say they are shameless or evil, they don't ask for much, as long as the wealth grows steadily, money never sleeps, and as long as there are demands for interests, there are always more solutions than difficulties.

……

"State Street Group, the price per share is 393.65, 1300 million shares, and the performance credit certificate meets the requirements!"

As Fu Xiaomin kept announcing the quotations of various companies, Zhang Dongshuo quickly recorded them in his notebook, and then each company was crossed out.

Like Zhang Dongshuo, there were also representatives from various companies, who even sighed from time to time, presumably because they had already been eliminated in the successive announcements of the results.

"Softbank Group, with a price of 401.99 per share, pre-ordered 700 million shares, and the performance credit certificates meet the requirements!"

As soon as Fu Xiaomin's voice fell, many people sighed again. This is the highest price so far, and it is also the company with the lowest offer in the first round. They are just playing tricks and taking surprises!

Of course, this is also a helpless move for Softbank. They originally held about 15% of Yahoo's shares, but they only had one nomination right when electing directors.

And the increase of 700 million shares this time will give them the power to nominate a director, which will greatly increase their right to speak in Yahoo, which is undoubtedly a very tempting thing.

Even before that, they thought about buying some stocks in the secondary market to increase their voice, but there are not many stocks in the secondary market, and they are major shareholders, so they can't move easily.

Now Anma Capital sells stocks without various restrictions. This is an opportunity, so these 700 million shares are very important to them.

As for the price, it also showed their determination to win it. Of course, at this time, the two Japanese fools regretted it and quoted a high price.

According to the current quotation level, they can save a few dollars per share, at least two to three thousand dollars, and this money can be invested in another company.

It's just that it's too late to regret it now, the performance bond has been paid, and if you go back, you will only lose more.

"The last company, Yahoo Group, has a price of 403.5 per share, pre-ordered 200 million shares, and the performance credit certificate meets the requirements!" Fu Xiaomin finally said.

Li Weidong made it clear last night that the shares repurchased by the Yahoo Group are for the equity incentive plan for the management team and key employees.

For such a team, there is also equity incentives, which fully demonstrates the "strong ability" of this team.

"Please wait a moment, we will ask the staff of the relevant financial institutions to verify the authenticity of the performance credit certificate!"

After Fu Xiaomin finished speaking, she said to the staff of several big banks in the United States who were sitting in the first row in front: "Please verify the credit certificate issued by your bank!"

As Fu Xiaomin finished speaking, several bank staff in the conference room took out various equipment to verify the credit certificates issued by their respective banks.

After all, such a large amount is not a joke. If there is a problem with the letter of guarantee issued by these banks, it will definitely be a major accident. Although these companies may not dare to do it, it is absolutely impossible for the capital to take this risk.

For this reason, before quoting, Mayma Capital has made regulations on the issuing bank of the performance credit certificate this time, which must be issued from several major banks in the United States, which is also convenient for the final transaction.

This is not a challenge, and these companies will definitely cooperate with these banks.

Doing business in the United States, if you leave the Bank of China, Bank of America, Citibank, Wells Fargo, and Goldman Sachs, it means that your business is not big.

Just like starting a company in China, if your company is large enough, I am afraid that the banks such as Gongnongjian and China Communications are your partners, and you can’t do it if you don’t want to cooperate.

No one thinks there is a problem with asking these banks to issue credit certificates, and the banks are very happy and provide free door-to-door services.

Now they have to verify the authenticity of this credit certificate. If there is no problem, these credit certificates will still be deposited in their bank, which is equivalent to one positive and one reverse, doubling their assets.

But at this time Li Weidong had already left, followed by Zou Yi who came out of the meeting room.

As soon as he walked out of the door of the meeting, Zhang Dongshuo had already calculated the result in his small notebook. Li Weidong's secretary is indeed a bit inferior with this IQ and ability.

"Chairman, I did a rough calculation. These companies will be the final buyers, Yahoo, Softbank, and Vanguard..." Zhang Dongshuo said in a low voice.

"State Street Group is at the bottom and can only trade 300 million shares. The final total price is about 300 billion and a little over 397.5 billion. The average price should be around [-]!"

"It is estimated that the pricing analysis models used by everyone when quoting are relatively similar, and the results are relatively close, and the quotations are relatively concentrated!"

Zhang Dongshuo continued, in fact, this price is already very close to the ten-day average price, only slightly higher, and the high premium Li Weidong hoped for did not appear.

But even so, Li Weidong is already very happy. His total investment funds add up to only about [-] million yuan, which has increased by three hundred times in five years. What is there to be dissatisfied with!

"After deducting various expenses and selling stocks, you need to pay capital gains tax. Calculated at a tax rate of 15%, the funds you can get are 255 billion!" Zhang Dongshuo continued to mutter.

"Hey, 45 billion is gone. This tax rate is really high. It's better in China. We don't have this kind of tax. This old beauty really wants money!" Li Weidong sighed.

According to the laws of the United States, in addition to paying various handling fees and stamp duties for buying and selling stocks, you also have to pay capital gains tax on the part of the money you earn.

The normal tax rate is generally 20% to 30%. Depending on the time of holding stocks, there are long-term capital gains tax and short-term capital gains tax. Normal regulatory agencies encourage long-term investment, and the relative tax rate will be lower.

Of course, the tax rate is lower for the sale of original shares like Li Weidong. Under normal circumstances, the tax authority will assess capital gains tax at 15% of the income from the transfer of original shares.

But this type of tax is really disgusting. Although you don't have to pay tax if you lose money, and you can even deduct it when you make a profit next time, who wants to lose money by themselves?

In contrast, the domestic stock market is a bit nonsense except for the management, it is more difficult to make money, and the tax rate is really not too high. Of course, the premise is that you have the ability to make money from the stock market.

"Chairman, it's actually about 47 billion. When you trade, you still have to pay certain commissions, stamp duties, and other fees!" Zhang Dongshuo reminded in a low voice.

Stock settlement institutions are not here to play with you, they also have to live by collecting money, transfer commissions have to be charged no matter what, and stamp duty on stamping is also money.

"How do you figure it out so clearly? Mr. Zou doesn't have a position as an accountant. Let Director Zhang go. I think he must be very suitable!" Li Weidong said with a roll of his eyes.

Li Weidong suddenly became angry, and Zhang Dongshuo was shocked. He didn't want to do some accounting work, and he had a bright future as a secretary.

Zhang Dongshuo looked at Zou Yi pitifully, hoping that she could save the situation, but before Zou Yi could speak, Li Weidong vented: "#￥@&$, I want money!"

Zhang Dongshuo was relieved when Li Weidong uttered this classic national curse, and the matter was over.

No matter how hard he scolded, Li Weidong could only be angry, and there was no constructive meaning to this matter. These are not things he can decide, he can only accept his fate.

Zou Yi next to him wanted to cover his face when he heard that, you have already made so much money from here, shouldn't you pay some taxes and get some commissions, what else do you want to do?

"Is it to sign the contract at the current price, or to quote again?" Zou Yi asked in a timely manner, as if he didn't hear the national scolding just now.

"Of course, the most important thing in business is integrity. Am I the kind of person who doesn't keep integrity?" Li Weidong asked in surprise, is he such a person in the eyes of his subordinates!
Of course, although honesty is very important in doing business, it is more important to rely on the law. Honesty is only a moral constraint, and the law is the bottom line constraint.

If we all talk about honesty, this business really can't be done. It's great to talk about the law in big things and honesty in small things!

Zou Yi was suddenly speechless. Thinking about it carefully, Li Weidong did not say that he would regret it, and he also vowed that it was only this one offer.

But she and Li Weidong have known each other for many years, and she can still misunderstand what he meant. The only reason is that Li Weidong is quite satisfied with the offer and doesn't want to talk about it at all.

"No, you have always been very honest!" Zou Yi looked at Li Weidong and said very sincerely.

In terms of honesty, Li Weidong is indeed hard to find fault with. The bonus and dividends promised to his subordinates will definitely be honored, and they will always be more than imagined.

"Well, you have a good vision!" Li Weidong was very satisfied with Zou Yi's identification, and then said, "When the bank's people verify that it is correct, the contract will be finalized and sent to the exchange for reporting as soon as possible!"

(End of this chapter)