Rebirth
Chapter 1001 Goodbye Larry Funk
I discussed the next Wall Street strategy with Bill Willy Bay and Li Shanquan, and formulated general personnel arrangements. I believe that in the future, Li Feng, BlackRock’s major shareholder and private family funds will control a large number of companies. With the cooperation of the shares and the major companies established by him, Li Feng is full of confidence in the wealth of himself and the future Li family and their influence in the United States and the world.
Of course, this must be on the premise of successfully completing your own strategy.
In the morning two days later, he was still in the mansion next to Li Feng's Central Company.
"OK, that's the decision, and merge these NASDAQ stocks into BlackRock. What do you think?" Li Feng held a list of Tianya Investment Company so far, facing Bill Power Bei, Li Shanquan and Xu Youyu said with a smile.
"BOSS, I think it's okay. It's so decided, but I don't know what BlackRock will say. After all, the companies we invest in are valuable and belong to the company's net assets. Although BlackRock claims to have managed assets Hundreds of billions, but according to the market value, it can be far less than our value." Bill Weilibe responded with a smile.
Li Feng’s document list clearly shows the assets to be merged with BlackRock, mainly the stock value of the original investment in Nasdaq technology stocks, the funds raised in previous times and Li Feng’s original capital, totaling 5 billion US dollars about.
Among them, 2 billion U.S. dollars was invested in 1995 and 1996. The income of these funds is very astonishing, with nearly 10 times the income, and the remaining 23 billion U.S. dollars was invested after re-raising around 1997. Those who entered, thanks to the madness of Nasdaq, at least doubled or tripled.
The value of these stocks is close to 30 billion U.S. dollars, and what Li Feng has to pay is only a few billion U.S. dollars in principal and 10-20% of the principal fixed income. The funds raised are all fixed-income funds.
...
"It's okay. Let's do it for the first time. I have arranged with Larry Fink to meet this afternoon. He will come over in the afternoon and he will be able to see him. Then we will meet with him first, and we can discuss the details. "Hearing what Bill said, Li Feng also smiled and replied.
"This can only be done, BOSS, I think you are giving Larry Fink a problem. If all of these stocks are merged into the Bled Company, it will be equivalent to an increase in Bled’s own company’s net assets by 2,300 hundred. Billion dollars, if Brad can get the net assets of these companies, according to Wall Street's rules, he can fully leverage 5-10 times the amount of funds. In this way, BlackRock can become the top asset management company on Wall Street.
With such a large amount of funds, Larry Fink naturally hopes to have it in his hands, but if they are directly merged into BlackRock, it is obvious that Tianya Investment will occupy a controlling stake after the merger, unless new company shareholders are brought in."
"Haha... This requires negotiation. There are many ways to collaborate on voting rights, shares, decision-making rights, etc., and there is always a way. It depends on how Larry Fink finally chooses." Li Shanquan also interjected with a smile. Tao.
"That is, you can't let Larry Funk take advantage of everything." Xu Youyu also laughed and joked.
"Hehe..., Larry Funk will be here in a while. Let's say hello to others first, anyway, formal negotiations are not so fast."
"Boss, you are the first to give others a good start!"
"Haha...what a distraction, Larry Funk is not someone who has never seen money."
"Haha..."
"..."
...
The morning was over in close discussions. Bill Weilibe, Li Shanquan and others were all left at home for lunch. After the meal, after asking people to rest for a while, it was unknowingly. Time to meet Larry Fink.
At about 2:30 in the afternoon, Li Feng and Bill Willibey were sitting in the meeting room facing Central Park drinking tea and chatting. There was a sound of footsteps, and soon Wang Siqing’s face appeared in front of everyone. And three figures appeared behind him, it was Larry Fink who took a vice president of BlackRock and three of his assistants.
…
"John, you all have such excellent investment capabilities. What do you need to buy into BlackRock? I believe that your investment rate of return will far exceed BlackRock. I don't think there is anything BlackRock attracts you. ."
After some greetings, everyone also took their seats. After taking a sip of coffee, Larry Fink looked through the documents that Li Feng handed him. This is Li Feng's Tianya Investment plan to merge into BlackRock.
When Larry Fink saw that Li Feng had invested madly in Nasdaq since 1995 and 1996, in just two or three years, billions of dollars of investment became the current scale of 230 billion dollars. I was speechless.
Your investment ability is so good. What do you want me to do? What did you think about the merger? Is the company still BlackRock after the merger? Simply, you can just say that you want to buy us BlackRock.
Although Li Feng provided only tens of billions of dollars in terms of assets, while BlackRock had hundreds of billions of dollars, but his family knew of their own affairs, the net assets of these hundreds of billions of dollars really belonged to the company's billions, and the rest All funds raised.
And Li Feng’s document clearly stated that the scale of the tens of billions of dollars invested by Tianya, except for billions of dollars in raised funds plus a fixed income of hundreds of millions of dollars, the rest are all invested by Tianya. Net assets, this is terrible.
"Larry, I want to be very clear. As far as financial groups are concerned, Wall Street is the financial center of the world today. After all, Tianya Investment belongs to my personal investment group. Obviously I cannot be alone if I want to develop into a top financial management group company. It requires a lot of funds to be raised, which is no longer appropriate in Los Angeles."
"In other words, you want to enter Wall Street, and you chose BlackRock as your target?" After hearing Li Feng's words, Larry Fink suddenly replied with a wry smile.
"Larry, all I want is for you to help me. The only thing I promise is that at least before you retire, I promise to support you fully and guarantee your interests at BlackRock, and this is what I give Bill and Spring When the two of them followed me from Wall Street to Los Angeles, I promised to them that within three years, I would let them both return to Wall Street.” Li Feng responded with a smile.
"Boss, it is also our blessing to be able to invest in Tianya!"
"Yes..."
...
Hearing Li Feng’s explanation, looking at Bill Weilibei and Li Shanquan and others admiring and respectfully thanking Li Feng, both Larry Fink and the two BlackRock’s management were a bit speechless. , Said a good merger, how can it become an "acquisition" now.
"PNC will not agree."
"No, I believe in your abilities, Larry, and these are the craziest technology stocks in Nasdaq that I have provided. According to the current development trend of Nasdaq, I think I can turn it over every year. Turn over, I think PNC will agree with this kind of income.
Of course, this requires your cooperation, Larry, and the promises I promised to increase your shares and the voting rights of the company are still valid."
"This…"
"Larry, this is only our first formal discussion since the last time we met in Silicon Valley. It was not during the negotiation. I just expressed my thoughts. You can think about it." Li Feng did not. I think they will agree to it right away, knowing that this kind of thing can't be so fast, he laughed and stopped Larry Funk's words and said.
"OK, I will consider your proposal."
"Then the best, we will use tea instead of wine, and hope that we can have further cooperation in the future."
"Cheers!"
"..."
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