Chapter 1178: Finished summer file

Chapter 1178: Finished summer file

Martha's Vineyard, located about 100 kilometers northeast of Long Island, has the title of 'Star Back Garden', but in fact, the residents of this island contain almost all types of billionaires, movie stars, politicians, artists, etc. The elite group of American high society.

For Eric and the little guy in her belly, Eric bought a manor on Martha's Vineyard for the next few months without being disturbed.

In recent days, although the media and the public have been anomalous because of a series of events in the firefly system, Eric has left Manhattan and came to the island's manor to accompany Cindy.

However, even if you can get rid of most of the work, there are still some things that are difficult to avoid.

State Street Global Fund President David West and Wall Street's other asset management company, BlackRock Fund CEO Larry Fink, got off the bus outside a manor in the middle of the island and looked forward to welcoming the two men's blondes. The German girl couldn't help but secretly admire Eric. They naturally used Catherine Neumann as a model.

Katherine Neumann welcomed the two guests into the living room of the manor house and served the coffee on both of them. "Please wait a moment, and Mr. Williams will accompany Miss Crawford to check the body and will be back soon."

David West and Larry Fink also made a sudden visit and nodded and said they didn't mind.

After Katherine Neumann finished, she politely asked if the two guests had other needs and quietly left the living room.

Two middle-aged people whispered for a moment, and there were some noises in the yard, knowing that Eric returned and stood up together.

Eric walked in with the belly of the Cindy, and everyone chilled. Cindy took the initiative to leave the living room and went upstairs. The three men were seated again.

Recently, news about the firefly group's three-leaf fund to take large sums of money before the Nasdaq market crash has gradually spread.

Although this income is not reflected in the second quarter earnings report of the Firefly Group, even if some financial means can be used to continue to conceal the revenue of the Clover Fund for a quarter, the final annual financial report for next year will definitely be disclosed. These ones.

The number of external shareholders of the Firefly Group is small, but not a minority. As much as possible for a while, with more and more relevant news in the media, Eric has no expectation for the detailed data that will conceal this income. He only hopes that the longer he will be, the better. After all, early next year, many people should have come out of the pain of the Nasdaq crash, and then I heard that the clover fund has tens of billions of dollars in funds from the Nasdaq stock market, and the chances of various reactions will be less. A lot.

However, the proposed non-dividend plan has not changed.

However, as many investors suffered heavy losses in the Nasdaq crash and urgently needed additional funds, Eric did not give up this opportunity to take the opportunity to buy back shares of the Firefly Group. In his last meeting with David West, he said that only the small shareholders of the Firefly Group are willing to sell their stocks, and the Firefly Group can simultaneously liquidate this year's profits.

Although shareholders such as Buffett's Berkshire Hathaway still do not sell the stock of the Firefly Group, there are still some small shareholders who choose to sell.

David West and another minority shareholder, Larry Fink, just came here today to discuss the matter.

Speaking of it, Larry Fink's Blackrock can be literally translated as a Black Rock fund, similar to State Street, which is also born out of Blackstone, another big American investment company.

The men chatted downstairs. After Cindy went upstairs, he went to a living room on the second floor of the villa. He held a magazine and leaned back on the sofa comfortably. He occasionally looked up and sprinkled a few eyes on the second floor floor window. Golden sunlight on the terrace.

Although it is already early autumn, the sunset in the evening seems to be a bit blazing, but as a summer resort more comfortable than Long Island, the villa on Martha's Vineyard is not too hot.

There was a subtle footstep behind him, and Cindy looked up and saw Catherine Neumann holding a small tray and waiting for the girl to put the tray on the coffee table in front of her. Cindy took it from the porcelain plate in the tray. A small snack was eaten, and Katherine Neumann sat down next to him. "Eric said that I can also participate in Elite's care in the future. Have you helped me out these days?"

Katherine Neumann sat on the side of the single sofa and shook his head. "Mr. Williams bought Elite is not a good choice. The company has a lot of problems, the organization is bloated, over-expanded, financial confusion. And, there are still many moral hazards."

"I used to stay in Elite before, of course I know the problem. In fact, I also understand that the problem lies in John Casablanca. Over the years, Elite has developed to the extreme, and his founder has nothing. Elite has been catching up quickly by IMG's model department in recent years, because John's management ideas have not kept up with the development of the times," Cindy said, and suddenly turned the corner, said: "But you also It should be known that, like those rich people who like to buy a team, Eric is obviously more interested in the model agency."

Katherine Neumann said: "In this case, you should replace John Casablanca before you can rectify Elite and rejuvenate it."

Cindy shook his head and said: "This can't be done. Eric didn't think about replacing John. You should also understand his temper. Eric prefers to use a gentle method to reform a company, like, um. , warm boiled frog."

Katherine Neumann nodded in a slightly undetectable place and stopped talking.

Cindy slowly slapped a piece of snack in her hand and leaned over. She reached out and took off the black-rimmed glasses on the nose of Catherine Neumann. She looked at the girl whose temperament suddenly changed significantly. Smiled: "Are you confused? Why is Eric, a person with many personality defects, able to achieve his current success?"

Katherine Neumann dialed the blonde who was left in front of the forehead by Cindy, and still didn't speak. The blue-eyed scorpion looked with some curiosity.

Cindy played with the black frame in his hand and said: "Actually, waiting for you to stay in this circle for a long time, you will find that many rich people are far from being as smart as you think, some people can even say Very stupid, but they can accumulate a huge amount of wealth, perhaps because of family life, perhaps because of luck, or other kinds. If you are looking for a reason, then, in short, this is an unfair world."

Catherine Neumann’s beautiful face reveals a thoughtful look.

Cindy looked at the girl's expression, smiled, reached out and put the black-rimmed glasses on her back, covering the exfoliating temperament of Catherine Neumann, saying: "So, even if you are smart, even far It's far smarter than many other people. But if you want to get ahead, you still have to learn to make yourself look less intelligent. We are women, in this patriarchal society, we should understand this. ”

Catherine Neumann frowned and seemed to think of something less beautiful.

Cindy was more relaxed and twisted. She leaned comfortably on the sofa and looked at the girl next to her. "Actually, if I didn't insist, you would never get hired. You are so smart, you can certainly Guess some reasons. But you still come to me, this is your chance. You are an ambitious girl, but want to achieve it, first of all, you have to completely forget your ambition, 100% put yourself in your present In the location."

Katherine Neumann’s eyes flashed slightly, and she quickly whispered: “Miss Crawford, I understand.”

Cindy nodded with satisfaction and said: "So, the first thing you need to do next is to help me get more initiative in the IMG and Elite companies. Compared to the beautiful vase, Eric has always been I like women who have great abilities."

In the living room downstairs, Eric didn't know the private conversation between the two women, and focused on it and David West for a full discussion before they basically settled things.

According to David West, the acquisition of the acquisition, Eric may be able to buy back about 5% of the Firefly Group.

In terms of price, Eric made some concessions and calculated the dividends he needed to pay. He spent a total of 7.5 billion dollars this time, which is 500 million more than originally expected.

After completing the repurchase, Eric’s shareholding in the Firefly Group will once again rise to around 78%.

After roughly finalizing the repurchase plan and sending away David West, Eric came to the villa's own study and picked up the phone to inform Kasenberg of Los Angeles to let him follow up on the next thing.

Hanging up the phone, Eric turned on the computer and looked at the financial data of the Firefly Group and Firefly Investment companies for some time.

As expected, last week's reduction, the total amount of cash held by the Firefly Investment Company did reach a billion dollars, the exact amount of $13.6 billion, much higher than many Wall Street analysts. On the other side of the Firefly Group, after the tax was reserved, it was only the Clover Fund, which brought the free cash flow to the Firefly Group to $36.3 billion.

Adding to the two, nearly $50 billion in cash reserves may seem huge, but if you calculate the spending on the firefly system for some time to come, the money is still not enough.

With the further decline of the Nasdaq index, both the Firefly Group and the Firefly Investment have begun to secretly implement the next expansion plan.

The next major expansion target for Firefly Investment is Sprint.

At present, Sprint, the third-largest telecom operator in the United States, has slipped from its peak of $109 billion a few months ago to less than $40 billion.

Although Sprint's share price still has room to fall, however, Firefly Investment has begun to enter and continue to absorb Sprint's stock.

Chris plans to expand the stake in Sprint to 30% and then launch an acquisition of the company.

Then, according to the current market value of Sprint, on the basis of the original 10% shareholding of firefly investment, it is necessary to invest another 20% of the stock, and the investment needs to be between 7 billion and 8 billion US dollars. A large part of the firefly investment cash reserve.

Moreover, once the acquisition is formally launched, and another 70% of Sprint's stock is bought, it is conservatively estimated that at least $20 billion in cash will be needed.

The money from the Firefly Group has been determined to remain entirely in Hollywood, so by then, fireflies investing must go up to $20 billion in huge debt financing. But that was only the beginning, and the acquisition of Sprint was completed. In order to further expand the company, the firefly system still needs to continue to transfuse it.

In addition, the Firefly Group, the company has also begun to absorb the shares of Comcast and Hasbro.

For the smaller Hasbro, the Firefly Group plans to win it all this year.

Hasbro's current market capitalization is between $2 billion and $2.5 billion. The Firefly Group has a budget of up to $3 billion. As long as it can buy Hasbro this year, billions of dollars in financial expenses can also be indirectly. A large tax deduction for the Firefly Group.

But for Comcast, there are too many things to consider.

After the expansion of the cable TV industry in the 1990s, although the Nasdaq crash, Comcast, which belongs to the new technology industry, will not be too good in the next few years, but the operation of this company. However, it has gradually stabilized and the profit scale has gradually increased. This is why Comcast wants to further annex AT-T's cable TV business to further expand itself.

With a good momentum of development, Comcast shareholders and management will be much less motivated to face the offer, and may even show resistance.

Moreover, although the merger case of AOL and Time Warner is in the forefront, with the current size of the Firefly Group, wanting to annex Comcast, the anti-monopoly level is still an important level that the company needs to face.

In addition, Eric actually wants to launch a series of serial acquisitions, and at the same time take down the telecoms of Comcast and At-T and integrate them into a cable TV operator. Once the plan is formed, the Firefly Group will see Like a huge cash reserve, it seems to be a little powerless in the blink of an eye.

Eric sat in the study room to consider these things. Occasionally, the flash of light flashed a call to Chris. Until the night fell, Cindy knocked on the door and walked in to ask what Eric dinner was going to eat.

I talked with Cindy a few times. When the woman left, Eric opened the light in the study and heard the prompt of the new mail on the computer, so she opened it curiously.

The e-mail was sent from Los Angeles. The content is the approximate box office statistics of the past summer movie.

In September, the North American summer file has been closed. Think about the energy of the Nasdaq market and the firefly investment in recent months. Eric will also specialize in the more than 20 pages of the 1999 summer box office. The report was printed, simply bound, and picked up and left the study room to go downstairs. I plan to take the report to the side before the dinner.