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Chapter 425 Green Shoes(1/2)

"The End of the Flower" directed by Catherine obviously has a bit more rough atmosphere.

Of course, the roughness is not rough, but it just gives people a more sharp, cold and hard feeling.

The yellow sand in the desert, the desperate world, and the flying freely as the plot progresses, make it difficult for the audience to see that this is the work of a female director.

However, the director is still a woman.

Therefore, the new version of "The End of the Way" highlights feminism even more clearly.

Fortunately, under Simon's continuous influence, Catherine gave up the preaching she liked to deliberately add in her original works, and focused on expressing certain views subtly through the story.

In the initial discussion, Catherine once hoped that the two heroines would eventually escape to Mexico.

However, in the final version, Selma and Louise drove off the cliff and sacrificed a complete story.

After the trial, the promotion and promotion for the last two months were discussed. Simon took Catherine back to Dumei Point Manor, and it was already past six o'clock.

Notified in advance that Katherine would come today, and Janet had asked someone to start preparing dinner.

When he got home, he greeted Catherine intimately, and Janet said another thing.

The lawsuit about Matthew Broderick and his men was completely concluded today.

During this period, the investigation and litigation of the attack case have always been the focus of the media, and Simon himself did not spend too much effort on this trivial matter.

After several months of investigation, the Santa Monica Police Department officially informed the media of the investigation results last week.

In fact, the truth of the matter has long been obvious.

The Los Angeles District Court formally declared the verdict today based on the investigation results and the content of the prosecution of both parties.

Matthew Broderick and Mark Stein were completely dismissed in the prosecution of six people.

In response to Simon's lawsuit, six people were sentenced to compensation ranging from $5 million to $1 million for defamation and a total of 600 hours of community service, and no matters related to Simon are allowed to publicly discuss any matters related to Simon.

In addition, because the two parties initially signed a settlement agreement privately and Simon did not file a lawsuit for intentional injury, the original attack was ignored by the court.

If he hadn't been pregnant, Janet wouldn't have planned to give up so much.

Now, there is a small life in my belly, and women no longer have the intention to pursue it.

Moreover, the amount of compensation of one million US dollars will basically emptie the family of several people. Three out of the six people cannot afford to pay, and they can only bear such a civil debt for a long time. Unless the compensation is paid off in the future, they will never be able to make a fortune in their entire lives.

When dinner began, this little thing that was very trivial for Simon now was completely revealed.

After dinner together, Janet pulled him and spoke until after nine o'clock. Catherine firmly rejected Janet's suggestion to invite her to stay, got up and said goodbye.

The only time after the three of them were ridiculous together, the woman never let Simon succeed again.

Janet has been pregnant for three months, and she can actually do some things.

However, to be on the safe side, the woman had no intention of letting Simon touch herself, and Simon had no idea of ​​teasing her big belly. During this period, she just took her female assistant to make out when she went to Los Angeles, or hunted a little like she did last Saturday.

Although he would not treat himself badly in matters between men and women, Simon was actually very restrained.

Two days on weekends, I spent most of my time discussing the establishment of a private medical center in Malibu.

The main reason is the thought that arises because of pregnancy.

During this period, the woman had bought a plot of land in the mountains north of Dumei Point Manor, and even her name was registered, Westeros Medical Center.

However, it is certainly not a matter of one or two days to build a top private medical center, even if the little one is not available when he is born, so this is mainly for future plans.

Basically, it's an investment that won't pay much, roughly like the medical centre funded by the Johnston family in Melbourne.

After the discussion, Simon decided that the medical center was mainly used to serve the management of the entire Westeros system, and supported by the Simon & Janet Westeros Foundation, and will set up some medical institutions specifically for research in the future.

Many charitable projects sponsored by Western rich people often cover the "medical" item, and to a large extent they still serve themselves.

David Rockefeller, the third generation of the Rockefeller family, lived to be 101 years old and had six hearts in his life.

These "six hearts" are precisely where the Rockefeller family accumulates its foundation in medical charity. Even if the wealth of ordinary emerging rich people far exceeds that of the old Rockefeller family, it is unlikely that they can get six matching hearts to replace them.

Due to the jet lag on the east and west coasts, in order to miss the Monday morning schedule, Simon left Los Angeles early on Sunday afternoon to fly to New York.

The new week begins, and it also enters July 1991.

Simon attended Cersei Capital's investment conference all day Monday.

Janet withdrew from Cersei Capital's management due to pregnancy, but the company's development and expansion did not stop.

Many investment banking funds on Wall Street have not yet emerged from the economic downturn caused by the collapse of the bond market in the past two years. Therefore, Cersei Capital, which has gone against the trend, can basically be said to be the most active investment company on Wall Street.

In the first half of the year, taking advantage of the economic turmoil caused by the Gulf War, Cersei Fund Management Company made more than $2 billion in profits in the oil and stock markets.

Apollo Management, which is responsible for private equity investment, also set up a venture fund at the beginning of the year focusing on investment in new technologies, and is also constantly looking to invest in various projects in other fields.

Now is the most sluggish moment in the US real estate market in the early 1990s. Due to the collapse of the bond market in the past two years, major U.S. banks have recovered a large number of real estate-related assets and bond combinations.

Because it is confirmed that the US real estate market will recover rapidly in the next few years, just last month, Apollo Management, together with Black Rock Asset Management, led by Lawrence Fink, took up $1.5 billion worth of real estate-related assets and bonds auctioned by major banks at one time.

Simon's stay in New York this time was mainly to discuss several recent investment projects by Apollo Management.

Among them, the most important one is to invest in the top cosmetics company Estee Lauder.

After Ron Perelman swallowed Estee Lauder's most important competitor Revlon with a small fortune, because Perelman is not good at corporate management, Revlon has gradually been left behind by Estee Lauder over the years.

Simon also knew that Estee Lauder would grow into a super cosmetics industry giant with a market value of $50 billion in many years.

At that time, Revlon had been completely forgotten.

In fact, Estee Lauder is also very suitable as a member of the "Melisandra Company", one of the four women under the Westeros system, because the positioning of this company is actually a luxury product. However, the Lauder family, the founding family of Estee Lauder, still firmly holds control of the company, and Estee Lauder is not listed, so it is impossible for Simon to acquire Estee Lauder.

This time, Apollo Management will acquire a 10% stake in Estee Lauder without voting rights for US$250 million.

Estee Lauder's revenue in 1990 was US$1.8 billion and its net profit was US$81 million.

The valuation of $2.5 billion seems to be high, but Simon knows it is very worth it.

Estee Lauder plans to use the funds to complete the acquisition of another cosmetics company and will increase investment in product marketing.

Simon actually wanted to directly invest in the name of Melisandra. However, Estee Lauder should be afraid of the strength of the Westeros system, so he chose Apollo Management as a compromise. Of course, the high valuation of US$2.5 billion is another very important reason.

Melisandra needs to take several years to digest the Van Cleef and Arpels he just bought, and Simon did not insist on Estee Lauder's choice.

In the plan, Estee Lauder will also conduct an IPO in the next few years, and Apollo Management will often choose to cash out and leave the site during the corporate IPO process to complete a private equity operation.

In a few years, the debt burden of the Westeros system will no longer be as heavy as it is now, and Estee Lauder also has enough buffering time. It will be natural for Melisander to take over the 10% equity from Apollo Management Company at that time.

After the daytime work, dinner was an invitation from Morgan Stanley CEO Richard Fisher.

At seven o'clock, Simon arrived at a French restaurant in Midtown Manhattan, and Richard Fisher had arrived early.

The two discussed various details of the online listing in the United States while having a meal.

As the end was approaching, Richard Fisher raised another topic.

"Simon, based on recent market feedback, 22.5 million U.S. online stocks are completely unable to meet the market demand. Since you are unwilling to increase your issuance share, how about we add a green shoe plan?"

Simon smiled and looked at Richard Fisher: "Green Shoes?"

"Yes, the green shoe plan, this is exactly what it is..."

Simon raised the cutlery in his hand to stop Richard Fisher's explanation and said, "Charlie, I know what the green shoe scheme is. However, for AOL, this is no different from increasing the share issuance ratio, and I will not agree."

The green shoe solution during the IPO process of an enterprise is generally a protective mechanism for dealing with uncertainties during the IPO process.

Simply put, if the market is very optimistic after the new stock is listed and the stock price rises, the IPO company will issue an additional stock that does not exceed 15% of the new stock share to investors, so that more funds can be raised. If the market declines, in order to maintain the stock price and avoid situations such as breaking the issue, the IPO company will use the funds raised before to buy back a certain share of the stock from the market.

Richard Fisher proposed to launch the green shoe plan at this time, and obviously hoped that Simon could issue more American Online stocks.

In fact, even with the 15% release ratio this time, Simon felt that it was too much.

If possible, Simon would rather release only 10%.

However, in order to avoid too few outstanding shares in the market affecting the activity of American Online stock trading and thus affecting the stock price of American Online, Simon determined the issuance ratio of new shares to 15% after repeated negotiations.

Moreover, there are other reasons for doing this.

American Online monopolizes the ISP market in several of the most prosperous states on the east and west coasts of the United States, which is actually easy to attract grudges.

Issuing a little more shares to investors in the United States can also reduce unnecessary troubles such as antitrust that may be encountered in the future.

In this regard, Microsoft and Facebook in Simon's memory are the best examples.

Because of monopoly, Microsoft was slandered in the entire 1990s in the original space and space, and was almost split up for a time.

In Simon's view, the big reason is that Microsoft's equity is too concentrated. Bill Gates and Paul Allen still held more than half of Microsoft's stocks until 2000. Such huge wealth is in the hands of two people and has such a strong monopoly advantage, so other American capital forces will naturally not be willing to do so.

Subsequently, when Damen classmates continued to reduce their holdings of Microsoft's shares, making Microsoft gradually a mass-holding company jointly held by many investment banking funds of various types in the United States, Microsoft never encountered too much antitrust trouble in North America.

Later, Facebook became a stockholder in Volkswagen early on. During the data leak scandal that shocked the world, the media exaggerated the rhythm of Facebook's bankruptcy almost in minutes. Xiao Zha resigned and was fined several trillion yuan.

The final result.

It was just a joke and congressional hearing.

When everyone thought they would see a fierce bombardment by a large number of congressmen at Zuckerberg, for four hours, all they heard was "My granddaughter is a loyal Facebook user who wants you to give me an autograph." "Please explain what big data is, "Ah, what are the nutritional problems like."

Ultimately, because a large number of pension funds, insurance funds, investment banks and other institutions in the United States hold Facebook stocks, as long as the US government is not in a dizzy way, it is impossible for Facebook to be really destroyed, and even if the punishment is a little heavier, it is impossible for the US government to really destroy Facebook.

In order to avoid being in the situation like Microsoft in the 1990s, Simon will continue to list high-quality companies in the Westeros system, and at the same time, he will continue to reduce his shareholding ratio in these companies. The cash out funds can also be used for other investments.

Ultimately, Simon hopes to achieve a way to integrate the entire Westeros system into the American economic system.
To be continued...
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