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Volume 1: New York Story Chapter 31: All Countermeasures

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    Update time: 2012-06-15

    "Young man, don't test my patience over and over again! Jack is not a patient and good-tempered person in New York!" Apparently Jack Morgan was a little out of sorts.

    "I will own 65% of Pfizer's shares, and the total assets of this company in three years will reach 30 million U.S. dollars, and the annual profit will also reach 30 million U.S. dollars. For a company that can bring in 30 million U.S. dollars a year,  A heavyweight cash cow for earnings!¡±

    Wang Geng grinned and said slowly, "How much do you plan to pay to get 49% of all the shares I own! Forgive me for not giving up the controlling rights!"

    "That's almost 32% of Pfizer shares. Even if your invention is worth $11.2 million, plus Pfizer's total assets of $6 million, 32% is also $5.5 million?"

    Jack Morgan asked hesitantly, he did not believe that Wang Geng would accept a mere bid of 5.5 million US dollars, which is equivalent to the original stock with a face value of 5.5 million US dollars!

    The question is that if Pfizer goes public, it will inevitably issue shares at a premium. Which company will issue shares based on the value of its net assets per share?

    "If it were $1 per share, I wouldn't have to come to you at all. There would be bankers all over the streets in Manhattan, New York, waiting to grab this deal. To be honest, I would like to set up an investment bank registered in New York, USA, and then let this bank hold Pfizer."  That 65% share!¡±

    "And you or my other partners can invest in my investment bank, and I can take up no more than 49% of the shares to meet the needs of the partners. I have said that I do not intend to give up my controlling position. I hold  Having 49% or 1% of the shares is totally meaningless to me.¡±

    Wang Geng looked directly at the head of Morgan in front of him, not afraid of the falcon-like murderous intent and anger in his eyes.

    "Young man, even if you have a great invention, Pfizer can take off like a phoenix from the ashes, but investment is a profound knowledge. At your age, no matter how talented you are, it will be difficult to control and operate an investment bank! I  We cannot but consider the safety of Morgan¡¯s investment!¡±

    Jack Morgan suppressed the anger in his heart and kept his attitude very low. Controlling shares in investment companies has always been the primary goal pursued by the Morgan family. On the contrary, he has always respected professional management teams for the management rights of real industries.

    In other words, Wang Geng can charge a high price for his invention, but the controlling interest must be in the hands of Morgan. This is Jack's first choice for investment. Of course, there are exceptions. For example, General Electric Company, although the Morgan consortium owns many  shares, but the controlling interest still remains in the hands of the Edison family.

    The problem is, no matter how outrageous the young man in front of you is, he can¡¯t be compared to Thomas Edison, right?  Jack felt that he could not convince himself to give up the controlling stake and let his nose be led by Wang Geng.

    Wang Geng seemed to have expected that there would be huge differences between the two parties in terms of controlling rights, but this guy was not in a hurry and said with a smile,

    "Don't trust those who employ, and those who doubt. It took me half an hour to solve the problem that Edison couldn't solve. I also solved the new citric acid process that Pfizer may not be able to solve in a few years. Investment banks are such a problem."  Of course I can¡¯t compare with you in terms of experience, but I have enough confidence when it comes to choosing projects!¡±

    "To tell you the truth, citric acid is just a gadget in my eyes. I can just exchange it for a few cigarette coins. I have already thought about the products after Pfizer's citric acid. The main direction is the pharmaceutical field. It is an absolute dual-use strategy for both military and civilian use."  Supplies, by then it will not be as simple as eating a few lemon lollipops, by then Pfizer will set off a revolution in the field of medicine!¡±

    Wang Geng has thrown out the final bait. Damn it, believe it or not, I can¡¯t fool you. I will go to the Rockefellers and Mellons!

    Jack Morgan stared at Wang Geng, causing huge waves in his heart. The yellow-skinned monkey in front of him was either a super genius who fell from the sky, or he was the biggest liar in history!

    The problem is that as the head of the Morgan Financial Group, I am fifty years old, and my dignified Jack Morgan is actually very excited about being deceived by this boy!

    After a while, Jack Morgan took a deep breath and said in a muffled voice,

    "You're so cruel! Boy, give me a price for your 49% stake in the investment bank! If it's too much, I'll slap you on the butt and leave! Old Jack has some things to do and some not to do!"

    "I regard you as the most important partner. Since you are a partner, it must be a mutually beneficial and win-win partner. What do you think of the 49% stake in the new investment bank with only US$22 million? The capital is too small.  It doesn¡¯t suit your status and that of JP Morgan!¡±

    This is equivalent to Wang Geng¡¯s new citric acid process being worth 51% of the investment bank shares, while Morgan¡¯s $22 million only bought 49% of the bank shares, which is equivalent to Wang Geng¡¯s investment bank investment.He invested 22 million, and indirectly obtained nearly 32% of Pfizer's shares. Of course, 7% of this has been given to Anderson and his Pfizer management as options by Wang Geng!

    In fact, Morgan indirectly held 25% of Pfizer's shares, and Wang Geng held 26% of Pfizer's shares. Wang Geng will also have a controlling stake in a newly established investment bank and 22 million in equity.  51% property rights and 100% usage rights.

    This account may seem like a maze to a layman, but it is actually quite simple and clear to a senior investment banker like Jack Morgan.

    Faced with the shareholding plan designed by Wang Geng, Old Jack had to lament that someone had come up with something for him. Although he had to come up with 22 million US dollars of real money, at this moment, he had more confidence in Wang Geng.

    "It's only 22 million US dollars. If Pfizer can really achieve an annual profit of 30 million in three years, then this 22 million investment will definitely be worth it! What's more this guy said that there is something more powerful than citric acid.  New products are hidden in the back!" Jack thought to himself and couldn't help but frown!

    "How about it, if I were a super liar, your $22 million investment might have been wasted," Wang Geng joked with a smile.

    "Old Jack really wants to see what a liar who can deceive the two old foxes Thomas Edison and John Anderson, and also deceive me, Jack Morgan, looks like! But I don't think you can be such a liar! That's it!  22 million US dollars! In exchange for 49% of your investment bank shares!¡±

    The head of Morgan Company finally made the final decision. The fat American financial czar stood up and stretched out his hand to high-five Wang Geng.

    While high-fiving, Jack Morgan was muttering to himself. He just came out to have lunch, and this guy coaxed him out of 22 million U.S. dollars. This must be regarded as the most bizarre investment experience in his decades of financial investment career.  ?

    "Wang Geng, from now on you have to pray that you are not a liar. Old Jack and Morgan have always been kind to their partners, but they are never soft on liars!" Jack deliberately lowered his face to scare Wang Geng fiercely!

    Unexpectedly, Wang Geng was not fooled at all. He smiled and just shook his finger to show that he was not scared!

    "Wang Geng! Did you defraud someone of their cigarette money again? Pay it back immediately! This gentleman is not something you can easily offend! He stomped his feet, not to mention the whole of Manhattan, New York, and the whole United States trembled!  "

    Nurse Kelly, who had just come back from the bathroom, happened to hear Jack's last gritted words. She was so frightened that her face turned pale. She rushed up and grabbed Wang Geng's arm and complained hurriedly.

    "Hahahahahaha" Wang Geng and Jack Morgan looked at each other and laughed.

    "Young people, now is your time. Such a beautiful and young nurse loves you. Don't miss the opportunity."

    As Jack Morgan spoke, he took out a business card and handed it to Wang Geng, and said seriously,

    "If Pfizer's board of directors passes the resolution you are looking forward to this afternoon, then I will be waiting for you at home tonight! Our cooperation will be officially established!"

    "No problem, I will definitely be there! Jack, if the Pfizer board of directors cannot pass the resolution you and I are looking for, that is actually what I want! Anderson and his team will work directly for the company you and I will newly establish or acquire. We are not just  With 65% of the shares, we will own 100% of the shares!¡±

    Wang Geng¡¯s tone was full of confidence and certainty that he would have no plans left!

    And Nurse Kelly next to her was stunned when she heard this. She just went to the bathroom. Did this guy really reach a deal with the boss of Morgan Company?

    After hearing Wang Geng¡¯s last words, Jack Morgan finally let go of his heart. Obviously, this young man has enough follow-up responses to various situations that may arise!

    This makes the head of JP Morgan feel a kind of joy deep in his heart, yes, it is what the Chinese often say, Bole discovered the joy of a thousand-mile horse!
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