Hearing this, Bloomberg immediately fell into deep thought.
Bloomberg had to find the words of Mr. Smith very tempting. He knew very well that the market value of his Innovative Market Systems was only 540 million US dollars. If he were to acquire the shares at a 40% premium, it would be a very sincere price, not to mention that Yang Jing had just offered a premium of 80%.
The most important thing is that Mr. Smith also promised to always stand on his side and not interfere with the company's daily operations. He even went so far as to write this into the contract, which is enough to prove Mr. Smith's sincerity.
After thinking for a long time, Bloomberg gradually came up with his own ideas.
"Mr. Smith, can I ask why you do this? Are you really optimistic about the prospects of my company?"
Yang Jing snapped his fingers and said with a smile: "Michael, what I just said was actually the truth. I am simply optimistic about the prospects of your company, so we are having this gathering now."
"Then may I ask again, why do you want 33% of the shares?"
"This is even simpler, because my KY Investment Fund either doesn't invest, or once it invests, it must become the largest institutional investor. Michael, I can tell you the truth. Before I was ready to invest in your company, our KY Investment Fund was already the largest institutional investor on the boards of 27 American companies, including ****, Citigroup, Union Pacific Railroad, ABC Container Line, General Motors, General Electric, Ford Motor, ATT, Westinghouse Electric, Alcoa, Pittsburgh Steel, Boeing, IBM, etc. In addition, we are also investing in some companies in Japan and Europe. Now the largest shareholder in your company is Merrill Lynch, and I don't want to have fewer shares than Merrill Lynch, so..." Yang Jing made an expression of "you understand".
As soon as Yang Jing said this, Bloomberg immediately fell silent.
He was familiar with financial information and the recent rescue and stock repurchase actions of the Natural Way KY Investment Fund. He was also well aware that this investment fund that suddenly emerged had become the largest shareholder of several large American companies.
Although his own company is developing very well, it is nothing compared with giants like Bank of China and Citigroup, which have a market value of tens of billions of dollars. They have become the largest shareholders of these giant companies, so there is no need for any reason to become the largest shareholder of his own company.
Henry on the side said: "Michael, in fact, our fund is considering investing in Merrill Lynch. Perhaps it won't be long before KY Fund will become the largest shareholder of Merrill Lynch."
The domineering nature of these words left Bloomberg even more speechless.
Yang Jing smiled at Bloomberg who was a little entangled and said, "Michael, I just want to make money through investment. I don't have any idea about your company. You may not know that KY Investment Fund has just reached an agreement with Bill Gates and Paul Allen some time ago. It will acquire 7% of the shares from each of them, thus becoming the largest investment institution of Microsoft. But I will not intervene in the daily work of Microsoft. This has been written into the contract. If you don't believe it, you can check it out."
After a pause, Yang Jing continued, "Not only Microsoft, but also Larry Ellison's Oracle, Intel, and KY Investment Fund are its largest investment institutions. Therefore, you don't have to worry about your position on the board of directors or the daily operations of your company. If anyone on the board of directors dares to find fault with you, I will firmly stand on your side."
Yang Jing's words were sincere enough, and Bloomberg had no way to refuse such a proposal, especially since he was in urgent need of funds to develop the company.
So he just thought about it for a while, then nodded and said, "Mr. Smith, I can agree to this deal, but I want to set the price at a 50% premium."
Yang Jing nodded in agreement. Just kidding, even if the premium is 50%, it is only more than 200 million US dollars. However, compared with the terrifying market value of Bloomberg in the future and the ability to befriend Bloomberg, this money is definitely a very cost-effective investment, even better than the previous round of investment.
An accidental encounter led to this gathering, and then to a win-win cooperation. This is a great deal for both Bloomberg and Yang Jing.
The specific matters still need to be handled by Henry and others, but as long as the tone is set at this gathering, it means that Bloomberg will become an important partner of the Dragon Fund in the future.
After going out, standing on the slightly cold Grand Street, Yang Jing tightly held Bloomberg's hand and said sincerely: "Michael, in fact, compared to your company, I personally value you more! Come on! If you encounter any difficulties in the future, remember that there is a partner who is absolutely worthy of your trust by your side!"
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