Blackstone Code Chapter 855: Made with me

It took two or three minutes after Lynch hung up the phone before Mr. Patou returned to the table and sat down.

He gave Lynch a period of time to think about and precipitate the information he had just obtained on the phone. This was a courtesy and an upbringing.

Of course, the upbringing of an individual cannot be used as a criterion to cover the rules of conduct for all people, because everyone is in a different social class, and they treat the world and the way the world treats them differently.

You can't ask a worker to take care of you for two or three minutes to process and precipitate this information, they may not even choose to avoid you before you get on the phone, but look at you carelessly .

So that when you look at them, they will ask inexplicably, "Aren't you going to answer the phone?"

Cultivated people will certainly make people feel like standing under the warm sun in March and enjoying the warm spring breeze, but those who are not educated are not necessarily cold winters.

Not necessarily!

"Mr. Wardrick's call", Lynch took the initiative to talk about the call with a smile, "Where did we just talk about?"

Mr. Patou's attention was apparently taken away by the title "Mr. Wardrick", and he responded a little after two seconds, "I don't mind paying all cash, of course by cross-shareholding. You can."

"Any way is negotiable as long as I can complete my investment in this company."

Originally, Mr. Patou intended to "buy" the Lynch Company shares in cash and equity, but now he has added one and is willing to pay all cash.

The transaction method of exchanging shares to obtain shares of other companies is actually very common. This can be a good way to convert company stocks that could not be counted as cash into usable wealth without causing a sell-off, saving these capitalists. A lot of time and cost.

But this kind of transaction itself has many limitations, it does not mean that it is necessarily good and suitable for every situation.

Especially with people like Mr. Patou and Mr. Wardrick, be more cautious.

There is not much restriction on the use of money, but shares are different.

One million cash, use it however you want, whether it's saving girls in need until the last bill is spent, or using it for other personal enjoyment, that's personal Very free choice.

No one can say no to a guy spending his own money on a girl in need, the best they can do is verbally condemn their attitude towards life.

However, the shares are different. It is not easy for large companies, especially listed companies, to realize the shares in their hands. If the amount to be realized is relatively large, it is necessary to inform the exchange in advance.

How many shares a shareholder of a certain company intends to realize, or if the rights to the shares have been transferred, these must be notified to the exchange at least one day in advance, otherwise the relevant departments will launch an investigation into the undeclared equity changes.

This is designed to prevent all kinds of financial crime, although sometimes there are enough ways for real financial crime to get around the problem.

In addition to these, there is one more problem, assuming that Lynch agrees to Mr. Patou's request and gets the shares of Xingmeng Butterfly Group.

But whether this part of the shares in his hands is realized or transferred, it must first be approved by the board of directors of the group company. This is a way for big capitalists to eat people.

Almost all consortiums and large group companies in the Federation have similar regulations to bind board members. Once shareholders hold more than 3% of the shares, the realization and transfer of shares must be approved by the board of directors.

As weird as it may sound, it's a very personal thing, but the board has its own opinion.

And before acquiring the shares of these consortia, something will be written in the contract.

This not only provides capitalists with an effective method of self-protection, but also provides them with a way to "eat people" and use their own group company shares to eat people!

I traded a million shares for all your shares in a company with a market cap of only half a million. It looks like you made a profit?

Not only has the assets changed from 500,000 to 1 million, but also indirectly enjoys a few thousandths or ten thousandths of the original company's shares.

But this is not the case. When the board of directors refuses you to realize or transfer your shares, whether you will starve or not depends entirely on whether the capitalists suddenly show kindness.

There have been many such cases in the history of the Federation. A large company swallowed a small company by exchanging shares. The founder of the small company announced his personal life before reaching the peak of his life. bankruptcy.

Because it is stipulated in the agreement they signed, the realization and transfer of shares are prohibited within a certain period of time after the exchange of shares, otherwise a huge amount of compensation will be paid.

After killing these small businessmen by other means, the company bought back the shares in his hands at a very low price, according to the content of the supplementary terms of the share transfer contract.

Some companies will even specify a price in the supplementary terms for recovering these shares, and they hardly hide their greed.

And just like that, they looted one small company after another, probably for almost nothing.

Some people may ask, so why not just reject them?

This question is sometimes difficult. First of all, many people cannot resist the desire to get rich overnight.

The only way and standard to achieve self-worth in the Commonwealth is to make yourself appear to be a "successful person", that is, a rich person.

Secondly, the commercial struggle is bloodier than people think, not romantic at all, and has no respect for the enemy.

Everyone who lost their family in a business war and finally chose to jump off a building to end their own life proves this.

Even though people know there are traps, sometimes they have to jump in.

The cash after the exchange of shares is another kind of protection.

At this time, Mr. Patou gave a way to be willing to invest in cash after thinking for such a short time. Of course, although the cash in his mouth was cash, it was not cash that came in at one time, but in batches.

Lynch didn't immediately agree, "My control over the company will be reduced if too much equity is given up, but we all know that I can't turn away some investors. Among the shares that I can take out, who is it? It is not up to one of us to decide how much to account for.”

Mr Patou nodded, "You mean you want to hold the key vote?"

Lynch nodded, without denying.

"But you're definitely going to get some dissatisfaction by doing this. You can actually do it in other ways, like I'll be on your side."

Lynch couldn't help laughing when he heard this, and he asked, "Do you believe it yourself?"

"At least for this moment, I believe I can do it!"

Lynch shook his head, saying nothing.

It is very common for the founder of the Federation to be kicked out of the decision-making level and even the board of directors by the shareholders. No one guarantees that their interests are always with the founder.

Rather than relying on others, it is better to hold the key vote.

Under the rules of federal law, any major vote must be approved by a majority, so what is a majority?

This is a more complicated concept, because the people who first established the concept of "majority" were not sure what to call the majority themselves.

So they came up with a simple method, found some people, and gave them a point.

If there are only two people, no one can convince the other, there is no majority.

When there are three people, if two people are standing together, then it belongs to the majority.

In other words, most are more than 50 percent, but not too much.

Finally, with the help of some mathematicians, it was determined that the concept of "majority" must exceed sixty-six percent.

In other words, Lynch must hold no less than 34.1 percent of the shares in order to hold the "key vote."

As long as he doesn't agree with something, the board can't force it through.

He owns 34.1% of the shares ~IndoMTL.com~ can only get 65%. If you count the inevitable listing plan in the future, it can actually be sold by others. The shares to be divided are less than 30%.

Too little, and investors are sure to be unhappy.

Secondly, all investors don't like someone holding key votes, which makes them feel that their money is wasted and they can't do anything about the companies they invest in.

This is precisely a very core issue. Lynch doesn't want to lose his power, because he can see through the fog and see the future, but others can't.

In the silence, Lynch seemed to have thought of a more appropriate way.

"Mr. Patou, I have another option that may interest you."

Mr. Patou sat very upright, no matter whether he was a noble or not, in short, his appearance was in line with the attitude of nobles, "Please say, Mr. Lynch."

"We split the rights of the shares into rights and interests. You can get the shares you want, but these shares have no power."

"In other words, you can sit on the board, but not vote"

Mr. Patou shook his head first, "That's not possible," but he didn't go on when he said this, instead frowning in thought.

He subconsciously wanted to reject Lynch's proposal, but he felt that it was not impossible to do so.

Anyway, he doesn't intend to express his position on the board of directors or vote in a biased manner. The investment is entirely for influence and future interests, and by the way, he uses Lynch's power to break into the field of arms sales.

Then the shares without power do not seem unacceptable.

Even because of this idea of ​​Lynch, he extended a lot of other ideas, such as some problems within the Xingmeng Butterfly Group.

The room fell into silence for a while