Rebirth of America, this is my era

Chapter 210 Nuclear Goodness
"What?"

"Ethan Jones threatens us?"

That evening, New York.

Robert Baldwin, CEO of Morgan Stanley, was just about to leave work when he was stopped by the sudden appearance of Commodore and Allen Bradley, CEO of the bank.

Then he officially received Ethan Jones' ultimatum.

When Robert Baldwin learned that Ethan Jones ordered MOS Technology to buy back his shares in Chuck Petrus Chip Company for 10 million US dollars, this guy, one of the Four Emperors of Wall Street, suddenly jumped up, his eyes widened, and his voice soared.

"This is impossible!"

"What is the market value of MOS Technology?"

"More than 20 million!"

"What's their stake in Chuck Pettle Chip?"

"Eighty percent!"

"When MOS Technology, which owns 80% of Chuck Pete Chip Company, has a market value of only over 20 million! Ethan Jones wants to sell the remaining 20% ​​of the shares for 10 million???"

"Is he crazy or are you sick?"

"Who does he think he is?"

"How dare you force us into a deal?"

The sudden spit sprayed on the faces of Commodore CEO and Alan Bradley CEO, but at this moment they did not dare to complain at all.

The two looked at each other, and then Allen Bradley's CEO said carefully: "Bob, in addition to the 6502% stake in Chuck Pete Chip Company, we will also take back the overseas license for the chip, which is the license for Nintendo Kyoto Chip Company."

"That's not worth it!"

Robert Baldwin asked loudly: "How many copies of 6502 are there in the book?"

"Did that license earn MOS Technology a million?"

"A license that doesn't even make a million dollars is worthless!"

"And you want to sell these two pieces of junk for 10 million?"

"dream!"

He suddenly became angry and banged the table.

With a muffled bang, he made another decision.

"Meeting!"

Robert Baldwin shouted the secretary's name and asked them to call all the specialists in charge of the Komodor acquisition and other vice presidents of the company into the office on the top floor.

As everyone arrived, he asked Komodor and Allen Bradley's people to tell their stories. After everyone learned that Ethan Jones threatened to disrupt Komodor and asked them to buy the remaining shares of Chuck Pete Chip Company at a premium of more than ten times...

Everyone present was shocked!
This is not only because Ethan Jones's idea is too bold, but also because they are Morgan Stanley! One of the four major investment banks on Wall Street! And Komodor has a bunch of giant pension funds behind it!
in this case……

Ethan Jones asked them to pay?
This……

"Is he crazy?"

A middle-aged man in his forties said with a smile: "He doesn't think that being on the Fortune 500 is impressive, does he? Although a company being on the Fortune 500 means that they are one of the best companies in the world, this group has more than 500 people on the list!"

"If this is his confidence, then I can only say..."

"remarkably brave."

"Hehehe..." Such words caused a burst of laughter in the conference room.

Some people even agreed: "Although he has a lot of cash, no one in the world can compare with us in terms of money! I used to think that the story about him not having received higher education was false. When his sister studied at Stanford, the company was next to Stanford, and Fred Terman was still supporting them, he would have more or less received some sociology education, but now it seems..."

“He’s really a kid who graduated from high school.”

"Because only children are full of fantasies about all the beautiful things."

“Hahahaha——” Such comments made the laughter in the office even louder.

Just when some guys thought Ethan Jones might be crazy, the senior vice president of Morgan Stanley sitting next to Robert Baldwin knocked on the table.

The clanging sounds attracted everyone's attention and suppressed the laughter in the conference room.

“This is really funny.”

"But it's not worth our laugh."

"Because Komodor is indeed facing threats now."

The vice president, whose silver hair was neatly combed, looked around.

After making sure that everyone's eyes were on him, he said, "The total market value of the Komodor Group is only 430 million, and the cash that Ethan Jones took out is 50 million."

"If he is willing to pay a high premium, this money can allow him to buy out a batch of circulating shares in a short period of time. It may not reach 5%, but 2% or 3% is still possible. If he is not in a hurry and chooses to absorb it slowly, there will be no problem in buying out 5% within half a year."

"I think you all know what this means, right?"

When the old man stated the current facts in a calm tone, everyone present frowned.

For a non-listed company, a 5% stake may not mean much, because a round of financing may be 10%. But for a listed company, especially one with dispersed equity, a 5% stake can do a lot.

Even if the shareholding line for requesting an extraordinary general meeting of shareholders is not reached, this number is enough to make the shareholder rank as a major shareholder. Even if it is a serious disturbance, shareholders can still make trouble at the annual general meeting of shareholders. For example, seeking seats on the board of directors, requesting a certain degree of adjustment in the remuneration of directors and supervisors, raising objections to the board of directors' report, and requesting a third-party financial audit.

Under normal circumstances, these things will not have much impact on the company's main operations, but once investors do these things with disgusting ideas...

Just a third-party financial audit would make them taste shit.

"No, aren't the shareholders of the Komodor Group determined to enter the computer industry now?"

“If the goals of these shareholders are the same, then the voting rights they control now should be able to keep Ethan Jones out, right? If no one supports all of Ethan Jones’ proposals, then no matter how many proposals he makes, they will not have any impact on Komodor.”

These remarks received approval from those present.

"Yes, the shares held by the founder of Commodore, Morgan, Citi, Carnegie, and Ford combined have exceeded 60%. This number is enough to vote Ethan Jones away."

"Yes! This voting ratio is already considered absolute control. Even if Ethan Jones collects more, it is meaningless! It cannot pose a real threat to the company!"

When people looked through the information in their hands and saw the share ratio of Komodor, they immediately breathed a sigh of relief. But at the same time, the vice president who spoke earlier said, "It's Rockefeller who is doing the work."

"Ethan Jones has made it clear that he will entrust the stock sweep to Rockefeller."

"When Lawrence, or his brother, appeared on the list of shareholders, how many people do you think would be willing to play with them?"

“Citigroup, Ford, and Carnegie did want to enter the computer industry, but their ultimate purpose in entering the computer industry was to make money.”

"Once they find that the company they are in doesn't seem to help them make money all the time, and there is an obvious risk of internal strife in the company, do you think they will continue to hold on?"

"Citigroup certainly won't do that because what they do is financial investment."

"It is highly unlikely that Ford will do so either. Ever since Henry Ford died, his family has lost their courage. They used to dare to fight Westinghouse Electric, but now they only make financial investments."

"Not to mention Carnegie. The railroad bubble was burst by Rockefeller. Andrew Carnegie didn't beat Rockefeller. How dare his descendants continue to fight with Rockefeller?"

"Not to mention……"

"Among these families, only Rockefeller treats his heir as a wolf."

"When a group of guys engaged in financial investment meet a real businessman..."

"How long do you think these people can last?"

"Besides, there are more than one computer company in the world."

"Right?"

When the vice president of Morgan Stanley cast an inquiring look at the CEO of Commodore, the guy who heard the words immediately nodded awkwardly.

That's why they're here!
Although there are many giants behind Komodor, it is a pipe dream to expect all these giants to work together.

Citigroup's shareholding is an institutional behavior. When they feel that the risk of continuing to hold shares is greater than the benefits, they will decisively withdraw their investment; Ford and Carnegie's shareholding is a family behavior, but the controllers of these family funds are actually workers. The greatest significance of their existence is to help these families make money. Once they find that their backers cannot suppress the business in their hands...

In order to keep their jobs, they will also make smart choices.

"So we need to develop a defensive strategy now?" someone asked.

"We are here to discuss a solution."

The vice president, who had already communicated with Robert Baldwin before the formal meeting, nodded.

"How about you, Komodor, modify the company charter? Lower the minimum shareholding ratio in information disclosure?" someone suggested, "Then modify the conditions for convening a shareholders' meeting, for example, requiring that it can only be convened after holding shares for 180 days? Add a proposal restriction, for example, shareholders who propose proposals to the shareholders' meeting must have held company shares for 365 days? Lock up Ethan Jones' funds?"

"That won't work," said Commodore's CEO. "If we suddenly change these bylaws and Rockefeller takes over Ethan Jones's sweeping project, Rockefeller probably won't do the sweeping and will just use his power to have the Securities and Exchange Commission investigate us."

"After all, our regulations are actually detrimental to the interests of shareholders."

"It may be troublesome for ordinary people to question, but for them..."

"That's easy." "How about a golden parachute?" said another.

However, before he finished speaking, the vice president of Morgan Stanley denied it: "This is not possible. The golden parachute is to prevent acquisitions, but Ethan Jones does not want to acquire Komodor."

"His main purpose is to disgust Komodor and make it impossible for them to operate normally."

The so-called golden parachute is actually one of the poison pill plans to prevent takeovers.

Companies will sign a series of generous compensation clauses with executives after being fired, including but not limited to a large amount of severance pay, stock options, and additional allowances. When attackers want to interfere in the internal affairs of the target company, the huge compensation brought about by the dismissal of executives will directly damage their interests.

When the attacker's goal is to acquire the target company, the golden parachute provides a barrier protection against the takeover.

But when Ethan Jones doesn't care about the money and just wants them to get down on their knees and eat shit...

Using this method is equivalent to actively performing the acrobatics of standing upside down, defecating, and eating one's own feces for Ethan Jones, which can make Ethan Jones more excited than eating feces directly.

And when the golden parachute can't be made...

What kind of bloat tactics are there to reduce the company's value? What about the counterattack and the strategy of besieging Wei to save Zhao?

That's of no use anymore.

Thinking of this, the atmosphere in the meeting room, which was previously filled with laughter, suddenly became solemn.

At this moment they suddenly realized a problem. If a malicious takeover proposal is the behavior of a barbarian, then Ethan Jones's current strategy of hurting both sides is the behavior of a madman!
What can't you do with 50 million in cash? Would you rather smash them to pieces than buy anything else?

This is totally not in line with the style of a capitalist!

and--

"If Ethan Jones is the kind of person who will take revenge, then why did Apple Computer accept investment from Rockefeller before?" Someone noticed something was wrong.

This question instantly woke up everyone present. The next second, Robert Baldwin, CEO of Morgan Stanley, who had been sitting in the first seat without saying a word, tilted his head and signaled the secretary beside him to go out and ask.

Not long after, the secretary came back. Even though the matter had nothing to do with him, he looked very unhappy.

"I asked around and found out that Wenlock's investment team has changed."

“Just before they invested in Apple.”

"The person in charge now is Laurance Rockefeller's personal assistant."

“Even though they don’t understand investment and aren’t in the company.”

"Also, it seems that Wenlock went to Palo Alto three days ago."

“Co-invested with Destiny Games in a Washington startup.”

"Oh! Sxxt!" This news made everyone at the scene stare in amazement!

Has Wenlock's investment team changed?
And before investing in Apple?

If they had known about this before today, they would definitely think it was a coincidence, but now... "Hasn't Lawrence Rockefeller also been confronted by Ethan Jones?"

A young man sitting at the end of the conference table said in horror, "And...he won? More importantly, Lawrence Rockefeller was not angry, but reached a cooperation agreement with him?"

"MFxxk!...What kind of sci-fi plot is this?"

“Even George Lucas couldn’t make it!”

Although many people present wanted to point out that George Lucas was also on Ethan Jones' side, but in this situation... trying to be witty would get you beaten to death.

After they were silent for a long time with fear on their faces, everyone turned their eyes to the positions of the two CEOs, Commodore and Alan Bradley.

"Do you, Komodor, have to acquire MOS Technology?" someone asked.

"Well... this acquisition will be very helpful for our business layout in Komodor."

"Are you referring to the 6502 chip patent? If it's just its patent, then MOS Technology is not the only company that owns the patent." Someone hinted.

As soon as these words came out, Allen Bradley's CEO's face trembled.

He turned his head slightly and observed the Komodor CEO beside him out of the corner of his eye.

Under his gaze, the CEO of Komodor said, "Actually... we want more than just the 6502 chip patent. We also want the -bit chip that is being developed."

As if thinking that these people in finance might not understand, he explained: "Chuck Pete, the inventor of 6502, is inventing a new chip. According to our expectations, this chip will change the current chip industry landscape after it comes out."

"If nothing goes wrong, that chip will allow us to dominate the entire chip industry."

The words caused Allen Bradley's CEO to purse his lips.

When he regained his attention, he immediately discovered that everyone present was focusing their eyes on him, so... he nodded with difficulty.

"Uh—yes—"

"We are working on a sixteen-bit chip."

"Then pay up." Robert Baldwin, CEO of Morgan Stanley, who was sitting in the first seat, said as the affirmative words appeared: "It's only 10 million, small money."

Although he had previously angrily accused Ethan Jones of having wild ideas, if Lawrence Rockefeller had been laid off by Ethan Jones at the beginning of this year, then they would have no choice but to accept the defeat.

After all, they are also working for money, and what I hate most is people who would rather spend money than work hard.

It is true that he is the CEO of Morgan Stanley, but he is not a shareholder. He has his own performance requirements. Under such circumstances, is he going to confront a first-generation rich man who is just trying to save face?
Isn't that a brain disease?

What's more, Ethan Jones also confronted Rockefeller!

'MFxxk! Lawrence is spreading rumors!'

'This guy must want to embarrass us all!'

At this moment, Robert Baldwin felt that he had been fooled!

What the hell is Fortune 500?

What is Wenlock's entry into Apple?

all fake!

fake!

"It's difficult for MOS Technology to get 10 million cash in three days, but it shouldn't be a big problem for you, Allen Bradley, right?"

He turned his gaze to the CEO of Allen Bradley and said in a gloomy voice: "You pay the money, and then Komodor will share 30% in the acquisition, isn't that the end of it?"

This decision made both sides look unhappy.

Because they are simply unwilling to pay this money!

More importantly, ten million is just a saying!

"Ethan Jones also asked us to cover his capital gains taxes."

Allen Bradley's CEO said cautiously: "Ethan Jones has held the shares for a full year, and the long-term capital gains tax is applicable, which is 33.85. In other words, what we actually need to pay is 13,385,000 US dollars..."

"So what?"

Robert Baldwin tilted his head and said, "Unless you don't merge."

"Otherwise you'll have to pay."

After hearing these words, CEO Allen Bradley's face suddenly froze!

Komodor's CEO also opened his mouth and wanted to speak!

But before they could speak, Robert Baldwin said, "Of course, if you really don't want to pay, I have another way."

"You go back to the company now and jump off the roof so that the shareholders can announce that the previous acquisition had nothing to do with them and was a private transaction between you."

"After that, we can choose a new CEO, have them come forward to apologize to Ethan Jones, say that it was all a misunderstanding, and terminate the acquisition. I think this matter will be resolved."

"Don't worry, you saved us 14 million, we won't treat you unfairly."

"Your family will receive a condolence payment."

Robert Baldwin smiled at them both.

This proposal made the pupils of the two CEOs shrink suddenly!
'Fuck you!'

They roared in their hearts!

They came to seek help, but the help they received really disappointed them!
They forced a stiff smile, turned their heads and looked at each other. At this moment they both felt a little regretful!

If it weren't for Komodor relying on the support of others, they wouldn't have thought of acquiring MOS Technology!

If Alan Bradley had not been unwilling to hand over the chip to the people at HP, they would not have manipulated MOS Technology to contact Komodor!
They thought these guys could protect them!
For this purpose, they even went one step further and placed an order with Morgan Stanley!

But now——

Special code!
Why do they think capitalists are kind-hearted?
This is really strange!

Oh no!
Why would they mess with Ethan Jones?
They clearly knew that this guy dared to confront Warner Communications and Philips when he debuted!
This is really fucking awesome!!!
(End of this chapter)