Back in the manor villa, Chris explained to Eric in detail the series of operations of the Nokia Group acquisition.
“…Because Nokia’s sales business will increasingly focus on overseas, we have set up an international sales company in Ireland to aggregate all sales revenue from businesses outside of Finland to Ireland, so that we only need to pay about 10% of income tax. Large amounts of funds can be pooled into offshore funds in the Caribbean islands. In this way, Nokia’s income tax can be maintained at about 10%, and if sales companies are established in European countries, the income tax rate will be at least 20%.
When Eric heard this, he suddenly remembered the 'sandwich' tax avoidance plan of Apple, Google and other international high-tech giants in his memory.
Looking up and seeing that Chris didn't mention this at all, Eric thought about it, but finally didn't say it. After all, people like Chris and Jorma Ollila are definitely smart people, not to mention that every multinational group has a department specializing in tax avoidance strategies. If they can think of a cheaper tax avoidance plan, they cannot use it. If at this time I suddenly said a series of plans to use Nokia's brand intellectual property rights and the tax loopholes of zero tax rates for transactions between EU countries to achieve almost zero income tax, it would be a big deal for him, a high school student who has never even studied in university, in this life. It's out of line.
Chris also felt Eric's hesitation for a moment. Seeing that he didn't say anything, he continued: "The 51% shares of Nokia we acquired are entirely held by the Hawaii fund set up in the Caribbean islands. According to In the current development situation, the business of the Nokia Group will achieve an explosive expansion in the next few years, and the US$4.2 billion we have injected can only sustain R&D and marketing expenses for less than two years. According to your requirements, Nokia will be in 1995 In 2020, we will launch the listing plan on the New York Stock Exchange again, and we will have a controlling stake at that time."
Speaking of this, Chris suddenly raised his head and asked, "Eric, I remember that when you invested in AOL, you also asked AOL to go public after 1995. Is there anything special about this time?"
"Not only America Online. Browser software company, Yahoo Portal and hotmail online mailbox service companies, but also Firefly Software, which was spun off from Firefly Films, and Digital Field Special Effects Company. I plan to start in the two years after 1995 time to carry out listing operations separately," Eric has long been prepared for the issue of Chris, although this preparation is not in line with the facts, but it is absolutely reasonable: "Because 1995 was the third year of Clinton's inauguration, the Clinton cabinet implemented The information superhighway plan will bear fruit in early 1995. For technology companies, this time point is the best time to go public. If this time is missed, it is difficult for us to predict what the next president will do if Clinton cannot be re-elected. executive strategy."
Chris agreed to the location, and the two discussed some more issues. Chris closed the document in front of him and said, "Eric, are you really planning to acquire Leslie Wexner's ltd?"
"Yes, I went to Bryant Park to watch the fashion show during fashion week. I suddenly had some good ideas, and it just so happens that the Victoria's Secret brand under ltd can help me realize this plan."
"But Victoria's Secret is an underwear brand, right?"
"What I want is an underwear brand. Relying on this brand, I plan to create a series of reality TV shows after Firefly owns the TV station, and make Victoria's Secret a popular symbol."
"Isn't there Brighton Fashion Company? The two brands are of similar grade..."
"Chris, a lingerie model with a sweet face and a hot body, or a fashion model with blunt eyebrows like a plastic doll, which one do you prefer?"
Chris smiled and said: "So. In this case, the investment company will not be able to provide any help for the plan to acquire the TV network in Los Angeles. By the way, I just came back yesterday. My former boss at Morgan Stanley Huo Mr. Creech called me and asked if Firefly would issue a bond, and I didn't tell him anything other than that I would mention it to you."
The acquisition of the TV network has just started. Eric did not expect that someone would have noticed this, and asked, "Which investment bank is more suitable according to the size of Firefly's securities lending?"
"If you really issue tens of billions of corporate bonds as you originally imagined, any investment bank on Wall Street will fight for this business. However, if you want to get enough funds as soon as possible, I suggest Distribute this business to several investment banks, and it is best to contact several European and Japanese investment banks, and according to the credit rating of Firefly Films, they will give you a more favorable commission ratio."
Eric recorded Chris's words in the memo next to him, saying: "I will chat with Los Angeles tonight."
"Then let's talk about ltd," Chris said, "I learned something about it yesterday. The largest shareholder of ltd is Leslie Wexner, who owns about 35% of ltd's shares. According to ltd's recent stock price , the total market value of this company is 14.7 billion US dollars. After the acquisition of the Nokia Group, the investment company only has 600 million US dollars of funds left, which is only 100 million US dollars more than the market value of the shares held by Leslie Wexner, so , if I want to buy, I need to resort to some of the usual Wall Street 'dirty tricks'."
Eric noticed that Chris said the word 'despicable means', and he was obviously a little excited. Obviously, as an investor who was born in Morgan Stanley, Chris still envied those who used leveraged buyouts to gain ground in the capital market. A Wall Street tycoon, and in the past, whether it was the acquisition of shares in Cisco or AOL, even the latest acquisition of Nokia Group, Chris followed the normal business transaction process in a well-regulated manner.
"Chris, the 600 million US dollars is completely handed over to you. I will not participate in this matter. You just need to win ltd in the end."
"Give me three months," Chris pointed out three fingers: "In addition, I also need Brighton Fashion Company as a bargaining chip for debt financing. After the acquisition is completed, the two companies may directly merge."
"As I said, I will give you full authority over this matter," Eric said with a smile, "Chris, this time you can release the wolf of Wall Street in your heart to your heart's content."
"I suddenly liked the title The Wolf of Wall Street."
When the two looked at each other and smiled. Emily just opened the door and walked in. It was already dusk, and because they were so focused on talking about things, both of them forgot to turn on the lights. The room seemed very dark. Emily saw the sinister smiles on the faces of the two big men sitting opposite each other across the desk. She couldn't help shivering a little. She reached out and touched the switch and it snapped open. Emily breathed a sigh of relief: "Hey, gentlemen, although I don't want to disturb your plot, it's already seven o'clock, aren't you hungry?"
"Honey, let's go there now," Chris packed up the documents in front of him, Eric also stood up, moved his body that was a little stiff from sitting for too long, and walked towards the restaurant with Emily.
Taking advantage of Chris going to the bathroom, Emily suddenly leaned over to Eric: "Eric, have you discussed that matter?"
"I have handed over all the power to Chris, you just wait to be the eo of ltd."
"Wow, thank you so much," Emily clenched her fist.
…
In the dining room, Emily excitedly told about a series of changes in the Brighton fashion house.
After the New York Fashion Week more than half a month ago, through the perfect marketing company, the brand awareness of Brighton Fashion Company has rapidly expanded to the United States and Europe. Orders have seen a substantial increase.
"... Leslie Wexner invited us to buy again a few days ago, this time at a price of 4.5 billion US dollars. Hehe, that old guy may not know, maybe in a few months, his The company is about to be acquired by us in turn.”
Chris couldn't bear his girlfriend's teeth and claws. Interrupted: "Okay, dear, do you want everyone to know that we plan to hostilely acquire Ltd?"
"Of course not. I'm not a fool. Could it be that people here will reveal this?" Emily waved her little hand and said, "Eric won't. Joan won't, and Eva won't either, oh, There are also two little babies, Xia Xia and Kevin, you won't talk nonsense, right?"
On the baby chair between Eric and Joanna, when he saw Emily talking to him, Hawaii let out an ah, which was a response, but Kevin just looked at Emily blankly, with a look of I don't care what the aunt on the other side means.
Seeing the reaction of the two little guys, Eva, who came here again for dinner, suddenly said to Eric: "Eric, Kevin can't be... it can't be that, it seems too dull?"
Joanna glared at her sister: "Eva, don't talk nonsense."
Eva Pakula stuck out her tongue, but didn't continue the topic anymore. Joanna's majesty was much more effective with her than Eric.
Although neither Chris nor Emily spoke, Joanna noticed the same doubts as her sister flashed in their eyes, and said softly: "Vicki has checked the little guy, and even tested his IQ , there is no problem. The doctor said that it was only because Xia Xia seemed too lively that Kevin was too quiet."
"It's nice to be quiet, maybe grow up to be a philosopher," Chris complimented.
Joanna smiled, didn't speak, just glanced at Eric. She is still very clear about Virginia's thoughts. As Eric's eldest son, Eric does not treat the little guy as an illegitimate child at all, so Virginia hopes that Kevin can become Eric's successor , if she really became a philosopher, Virginia would definitely be very sad.
"As long as the little guy can grow up happily, of course he has to choose his own path in the future," Eric said, stroking his son's little head.
Emily opened her mouth, but didn't say anything. Everyone in the restaurant except Eric noticed Emily's little move and fell silent for a moment. Chris was also worried about what Emily might say, so he kicked his girlfriend lightly.
Everyone is very clear that what Emily wants to talk about is how Eric plans to distribute his personal property in the future, but this issue is too sensitive. After all, Eric is not even thirty years old now.
Of course, Eric is also aware of everyone's thoughts. As a traverser with an oriental soul, the inertial thinking formed over thousands of years is not so easy to change. Eric, like the traditional orientals, feels that if the huge It would be too sad if no one inherits the property.
However, Eric also knows that he will never have only two children in the future, and he will always find a successor to his career. However, although Eric is not like Redstone and Murdoch, he still holds on to power and does not let go , As a result, my children lack enough experience and eventually can't find a suitable successor, but even if Eric retires at the age of fifty, it will be many years later, and it is completely meaningless to think about these issues now.
…
Early the next morning, Eric heard a rush of footsteps dimly, and when he opened his eyes, he saw Eva appearing in the bedroom waving a newspaper.
"Eric, "Jurassic Park" has broken the box office record of "ET Aliens". It's 900 million dollars worldwide, 900 million dollars."
Eric covered his forehead, looked at the morning light outside the window, and felt how Joanna, a younger sister, had more energy than himself.
Joanna also woke up, seeing Eva excitedly completely forgetting the appearance of the occasion, Joanna was a little helpless, reached out to take the newspaper from Eva's hand, picked up the pillow next to her and patted the little girl vigorously. A few times: "Eva, don't you know it's rude to break into someone's bedroom suddenly? If there is another time, I will send you back to Poland."
Although she knew that her sister was threatening her and would not really drive her back to Poland, Eva still shrank her neck: "I just want you to know the good news as soon as possible."
"It's fine to send it back to Poland, maybe it can be sent to Alaska, that kind of place is most useful for energetic people," Eric put his arms around Joanna's waist, and gently rubbed against the woman's fragrant body, He joked in a still sleepy tone.
"Alaska, I don't want to go to such a cold place. I'd rather go back to Poland."
"Shut up and get out," Joanna said again to chase people away.
After sending Eva away, Eric didn't feel sleepy anymore. He sat up and opened the "New York Times" that Eva had just brought over. (To be continued.)