Chapter 2629 Generous Sports Acquisition (Part 2)

Tang Mingxiang wants to buy the Yankee Group?

For a moment, Hank wondered if the woman in front of him was out of his mind.

But in turn he dismissed his own ideas.

How could a woman with no clear mind become the third richest man in the United States?

Even if Tang Mingxiang's IQ and EQ are not enough, is the man behind her a fool who won't stop her?

of course not!

Of course Xiao Qi knew about this!

Xiao Qi's attitude can be known from the fact that Tang Mingxiang took out Uber's shares.

Since Xiao Qi is in favor of it, then he must think that this plan is feasible!

"Miss Tang..."

After being surprised, Hank thought about it, "Thank you for your liking for the New York Yankees, but the Yankee Group is too important to our Steinbrenner family, and it is impossible for us to sell it!"

"Why? Is it just because it is your father's pride?" Tang Mingxiang asked with blinking eyes.

Hank hesitated for a moment, then shook his head, "No, it's part of our family, I can hardly imagine life without it!"

"But as far as I know, you don't like the Yankees that much, do you?" Tang Mingxiang said again, "You have done 39 different projects in the past 21 years, but none of them are as good as the New York Yankees. It's not even related to baseball. Does that mean you don't want to live under your father's powerful wings?"

"Business is business, and the New York Yankees are the New York Yankees." Hanke laughed, "Even if I don't have confidence in the management of the New York Yankees, I will hire high-level professional managers to manage them. But we won’t sell our shares because it’s really part of our family.”

"For 3 billion US dollars, buy 58% of the shares held by the Steinbrenner family." Tang Mingxiang smiled and said, "Mr. Steinbrenner, what do you think?"

The New York Yankee Group is currently worth 3.4 billion US dollars, and Tang Mingxiang actually offered a super high price of 3 billion US dollars for 58% of the shares. Directly raise the price to 150%!

Hank's breathing was a little short.

You can earn about 1 billion U.S. dollars in just one change of hands, which is equivalent to one-third of your family's property!

"3 billion US dollars. You can ask for cash, or you can buy shares in Uber." Tang Mingxiang said, "If you choose Uber, your investment will at least double in five years, Mr. Steinbrenner, such an opportunity. It's not common!"

Hank nodded unconsciously.

Why is Uber so popular?

Isn't it because it has a very good growth potential and is easy to achieve high value-added?

What Tang Mingxiang said about doubling in five years is a very conservative statement. In fact, many people believe that Uber’s valuation will directly exceed 60 billion U.S. dollars within three years at most!

If the shares of the New York Yankees are sold, the original assets of about 2 billion can reach 6 billion US dollars after such a turnaround. It is equivalent to doubling the wealth of the family!

Think about my father, it took decades to earn $3 billion in family property. And in just three to five years, I can safely double my assets again. Such a feat, even a father can't do it, right?

For a moment, he felt a little hot.

No matter how good the New York Yankees were, they weren't Hank's children, but his father George Sr.'s.

If you sell the shares of the New York Yankees, you can double the family assets in exchange, which is definitely a good investment!

"If you think it's not good to abandon the New York Yankees all of a sudden, then you can keep a part of the shares. I just want 50%." Tang Mingxiang continued. "I'll give you 150% of the price, and the other conditions remain the same."

Hear her say that. Hank unconsciously had a feeling of "considering me very well".

He asked casually, "As far as I know, Miss Tang, like Mr. Xiao, you both like absolute holdings, right? Is 50% enough?"

Hanke is worried that Tang Mingxiang will play with his own shares in the future.

"Oh, I'm going to buy more than 80%." Tang Mingxiang smiled, "I've already bought 17% from Mr. William, Mr. Robin and TTD, and I will continue to buy other shares in the future."

Hank: "..."

He felt he had nothing to say.

He didn't even buy a large share of the shares from himself, and started to attack the small shareholders. It seems that Tang Mingxiang is bound to win the New York Yankees!

"I'll go home and discuss it with my father, and I'll give Miss Tang an answer!"

Although he felt that the profits were very lucrative, Hank did not rashly agree, not because he was particularly cautious, but because his father, Old George, was in poor health, but he still managed the entire family business. No right of disposal.

"Okay, please inform me of good news as soon as possible!" Tang Mingxiang smiled and stood up, "I hope that the next time we meet is when we start working together!"

"Hehe!" Hank laughed excitedly.

...

Hank immediately returned to a small town on the edge of New York. This is his hometown, and George Sr. has been recuperating here for the past two years.

After meeting his father, Hanke directly told about Tang Mingxiang's visit today.

Old George didn't speak. He sat on the chair, tapped the armrest slowly, looked at his son who was obviously excited, and didn't know what he was thinking about.

Seeing his father not expressing his opinion for so long, Hank's heart sank a little.

In any case, he admired his father very much. If his father was not optimistic about his plan, then one can imagine the frustration in his heart.

In the silence, Old George sighed, "Hank, do you dislike managing the Yankee Group so much?"

"It's not that I don't like it, Dad." Hank said cautiously, "You know that I don't have any outstanding talents in sports management. It's okay for me to be the chairman of a club, but I can't do it anyway. It's so good to you... But I don't run the team anymore, so what's the point of me taking so many shares?"

"The New York Yankees already have a strong inertia and can maintain their excellence for at least 50 years." Old George said, "Although it doesn't make much money for our family, it is also an indispensable business card for the upper class. My other ten A net worth of hundreds of millions can only be earned by relying on it. From this point of view, I think the New York Yankees are a very good property, and it is also the most precious thing I leave to you and my descendants wealth."

Hank was a little sad, but he still said according to his own thoughts, "Dad, so I don't plan to sell all the shares of the Yankee Group, leaving 8%, which is to maintain the influence of the Yankee team and let the We maintain our social status, and we can still get a part of the annual dividends, which can be regarded as leaving us a way out. Besides, this opportunity is really rare!"

Speaking of this, Hank's tone became excited again, "I told you just now, as long as there are no major accidents, our asset reallocation this time will definitely increase our family's wealth to 6 billion in three years. U.S. dollars! Then we will have more room to lay a solid foundation! Dad, 3 billion and 6 billion are not a concept at all!"

Old George nodded slightly, "Only from the perspective of making money... Hank, let me ask you, have you really decided to sell the shares to Tang Mingxiang?"

"If you don't object, Dad." Hank said seriously.

"What if I object?"

"Forget it, money is important, and the harmony of our family is more important."

Seeing his son's serious face, old George smiled happily.

Just when Hanke thought his father was going to stop him from selling the shares, Old George said again, "Okay then! You sell 56% of the shares to Tang Mingxiang! We only keep a symbolic 2%!"

Hank asked in confusion: "Why? She said that as long as 50% is fine!"

Old George explained: "Now that you have decided to sell the shares to her, it doesn't matter whether you keep 8% or 2%. If you sell more shares to her, you will get more favors!"

Hank nodded again and again, it really is a mature man, this kind of favor is sold well!

In the end, the more scheming was yet to come. Old George warned: "Then when you want shares, don't just ask for Uber's shares. Buy half of Uber's shares and ask Tang Mingxiang to give up Facebook's shares for the other half!"

Hanke was puzzled at first, then his eyes lit up, and he patted his thigh: "Dad, you are really amazing! But, is Tang Mingxiang willing?"

"Why would she not want to? Anyway, 1.5 billion US dollars can't buy much Facebook shares. She is bound to win the New York Yankees, so she is willing to do so." Old George said with a smile.

"Okay! I'll talk to her right now!"

Hank immediately took out his phone.

It's wonderful!

Uber represents an emerging industry, and Facebook represents another network empire, and it is definitely more secure than Uber.

Being able to get the shares of these two companies and support each other to complement each other, the wealth allocation of the Steinbrenner family will be more reasonable!

This is much better than what I first thought!

He thought the same as his father, Facebook was not a company founded by Tang Mingxiang himself, and Tang Mingxiang had no plans to control Facebook, so it was not difficult to get such a share.

Seeing his son so happy, old George nodded slightly.

He asked Hanke to sell the shares of the Yankee Group. Of course, he didn't just think that Hanke said well that this plan had a prospect of appreciation.

More importantly, old George wanted to have a friendship with Xiao Qi through this cooperation and dealing with Tang Mingxiang.

As long as he makes friends with the richest man in the world, Old George won't worry that his son will do poorly in the future, so that the family can continue to move forward! (to be continued ~^~)