Chapter 761 Vigilance Against Fuguo Bank
The meeting lasted until 2:00 pm, and the big conference room ushered in the most crowded moment. These bosses who wear suits and comb their hair meticulously on weekdays, can't wait to become the aunts who buy vegetables in the vegetable market, for 0.1 He blushed so much that he had a thick neck, and even a thick-skinned guy like David Ellison just played around, acting as if he would kill me if he had the ability to grab it.
Everyone has nothing to do with him, they can only start with people who are easy to talk to, such as Jack Ma, who makes him always smile and look very thin, especially weak among a group of white people, and looks easy to bully He became the target of investors' siege.
"Mr. Ma, the stock price of Ariba has not been stable recently. You should leave enough cash to stabilize the stock price. You got enough proportion in the last round, and now even if it is diluted, it will not be much less."
The managers of the investment department of Wells Fargo Bank came to Jack Ma's side to persuade them earnestly.
Jack Ma didn't take this at all, and laughed and laughed, "Ari has enough funds to cope with the cold winter."
The soft knife with a smile is the most businessman, and the one who is angry with one word leaves angrily, but there are still people who do not give up and come to test.
Now it has been confirmed that Yang Cheng's four-dimensional space will follow-up with 500 million, Georgina will follow-up with 440 million to maintain an 8% ratio, and the representatives sent by Yuanshan are basically sure that they will follow-up with 393 million and control the shareholding ratio When it comes to 6%, the corresponding voting rights are still in the hands of Yang Cheng.
In this way, only 4.167 billion US dollars of the 5.5 billion financing share, which seemed to be quite a lot, is really not enough.
At this time, amidst the noise, Bill Ackerman slapped the table, and the boiling voice suddenly died down. Bill Ackerman said angrily, "Don't argue with me. It's dead, it won't change."
Yang Cheng looked at him in surprise, "Are you sure?"
Bill Ackerman waved his hand impatiently, "I'm sure, if I hadn't been unlucky recently, I would have to get some more shares this time."
In fact, no one knew that he had just reached a private agreement with Wells Fargo in private.
Yang Cheng nodded slightly, signaling Susu to record it, and then turned to remind others, "Who else can determine the share? Report it as soon as possible, so we can make a temporary statistics."
Amanda Hearst glanced at the crowd, seeing that no one was talking, she said, "The Hearst Group will no longer follow in this round."
Yang Cheng already knew about this matter, so he nodded and said nothing, even turning a blind eye to those investors who were secretly delighted.
Jack Ma followed closely behind, "Ari followed up with a $500 million investment~"
Those dry words received countless hostile looks, and those who didn't know thought they were robbing them of money.
With the confirmation of Ahri's investment amount, the shares are reduced again. Countless investors are looking at the remaining shareholders eagerly. Only after these major shareholders are confirmed, can they enter the market to prey. Now the biggest threat to them is David Ery Mori.
This super second generation who is backed by oracle bone inscriptions really doesn't regard money as money. Seeing that he is determined to win, even Yang Cheng can't stand it. He glared at him a few times to signal not to go too far. Leave a mouthful of soup for others.
David Ellison, who got the hint, said, "well, like Mr. Jack Ma, I invested 500 million US dollars." After finishing speaking, there was a heartache, as if tens of billions had left him.
Following his words, the elites present quickly calculated the remaining shares, and they were secretly relieved when they saw that there were still more than 3 billion.
But it's not too early to be happy. Before they had enough time for three seconds, MG Stanley, the prehistoric crocodile, made a move.
"MG Stanley followed up with a $1 billion investment~"
Everyone was surprised. You must know that as one of the shareholders participating in the A round, MG Stanley has been very low-key. Except when investing money, there is almost no sense of presence. In the B round, it did not follow the investment and its shares were diluted. It seems that he has lost interest in New Era Media, but who knows that he killed it at the last moment, and the first shot was a big deal.
Yang Cheng was quite suspicious of such a strange behavior. He and MG Stanley did not have a deep friendship, not even ordinary friends. Moreover, as we all know, this behemoth, which is nicknamed the Big Mo by the Chinese, has the core The business is not venture capital. After separating from MG Chase, the two companies have different focuses. Compared with the well-known Jr. Morgan Stanley, Morgan Stanley seems to like the feeling of being hidden in the world more and more. Like words, but whoever underestimates this monster that ranks among the top on Wall Street in consecutive years of profit will definitely suffer.
However, Yang Cheng's concern for Xiaomo is not in its assets and scale. There is a saying in the United States that the Donkey Party belongs to MG, and the Xiang Party belongs to Rockefeller. It is the controlling shareholder of the United States.
MG's territory is finance and technology, as well as culture, media and entertainment; while Rockefeller's territory is oil, medicine, military industry, and steel. This is not a conspiracy theory. It is a fact. If you don't believe it, you can analyze it The location of the voting base in each general election understands that there is a basis for such a statement.
Of course, no matter how true this statement is, the MG department and the Donkey Party are inextricably linked, which no one can deny.
So this time Morgan Stanley suddenly took action to increase investment, will there be the shadow of the donkey party behind it, is this to intensify the penetration of itself?
Frowning and pondering for a moment, Susu still remembered it. This also means that he, the major shareholder, has approved this investment ratio. In the early 100 million, and looking at the dozen or 20 people gathered around each of them, the 2 billion is not enough.
However, this has not yet been asked. The representative of Wells Fargo said loudly, "Mr. Yang and other directors, Wells Fargo is going to offer 1.2 billion US dollars in exchange for 4% of New Era Media's shares and become one of the director shareholders."
Because Wells Fargo did not participate in the financing before, if it wants to join in and divide the cake now, it must be approved by the board of directors. Of course, according to the current shareholding ratio, Yang Cheng has the power to make a final decision, but he also needs to respect other shareholders.
Wells Fargo also knows that it is impossible to join now without paying a price, so they could buy 4.5% of the shares for US$1.2 billion, but they only need 4%. Inflated market value.
As the object of the previous secret agreement, Bill Ackman was the first to stand up and express his position, "I think Wells Fargo can join us."
David Ellison, who had been hinted by Yang Cheng not to speak before, couldn't help it anymore, "I don't think it's necessary. The addition of an investment bank from MG Stanley is enough to solve the group's future loan troubles, and adding another shareholder of the same type Instead, it creates a waste of resources.”
Georgina, who had been silent all the time, said, "I think David is right. It is true that New Era Media needs money to expand, but the difference between more than 100 million to 200 million is not big. It is better to introduce a company that is beneficial to the group's business. Additional shareholders come in."
The representative of Wells Fargo Bank became a little anxious when two shareholders jumped out to express their opposition. After Amanda expressed similar views, he stood up and explained, "Dear shareholders, Wells Fargo Bank, as the bank with the highest market value in the world today, There is no doubt about its status in the financial world, but what I want to emphasize is that Wells Fargo has invested in many Internet and media companies, including giants such as Facebook and Google, and has a good cooperative relationship with them. If New Era Media wants to find cooperation Partners, Wells Fargo will spare no effort to help introduce them.”
The grim-faced representative of MG Stanley interjected, "MG Stanley can also do this."
Everyone suffocated their laughter, the answer was too timely, and the choked person couldn't say a word.
Bill Ackman couldn't bear to watch Wells Fargo's representative deflate, and came out to say good things, "Actually, the resources of Wells Fargo and MG Stanley do not overlap, and no one stipulates that a company cannot have two shareholders of the same type, right? "
David Ellison shrugged, "That's what I said, but at this stage, New Era Media should try its best to win over valuable resources to promote development. I don't deny the strength of Wells Fargo, but it's really unnecessary, as long as money is needed , Whether it is ourselves or other investors on Wall Street, they will rush to send it over."
Shareholders talked to each other, and were having heated discussions about whether Wells Fargo could join New Era Media, but Yang Cheng was giving full play to his strengths, recalling the falsification case of Wells Fargo that shocked the world in his previous life.
We must know that before the fraud case was exposed, Wells Fargo has been praised by countless people as a "model student" in the global industry.
This American bank with a history of more than 160 years started by acquiring raw gold from gold diggers and selling gold coins. It has expanded its business through continuous acquisitions and mergers in the past 20 years.
Especially in the financial crisis, the century-old financial giants Lehman Brothers and Bear Stearns fell one after another, and the US banking industry was shattered, but at this time Wells Fargo counterattacked.
The reason why Wells Fargo was able to become a winner in the financial turmoil with feathers all over the place is related to its high degree of business structure. Everyone knows that before the financial crisis, Lehman and Bear Stearns got involved in a large number of financial derivatives business, and financial institutions such as Citigroup and Bank of America The track of investment banking business is getting further and further away, but Wells Fargo is sticking to the main position of retail banking business, and vigorously stretching the two long arms of wholesale banking business and personal financial business.
In particular, the retail business contributed more than 60% of Wells Fargo’s net income, and it was this sector that was not hit by the financial turmoil, because no one dared to invest, even the most conservative financial managers were unwilling. If you try it lightly, you can only keep the money in the bank. It is better to pay taxes than to lose money, and Wells Fargo has become more robust as a result.