Start with a Cat and Mouse Game

Chapter 757: Conditions that cannot be rejected

"Gentlemen, since I can lead Citigroup to grow, let your wealth double and double.

Then I have the qualifications and reasons to seek rewards for myself, right? "

"this,,,."

Taylor Garnell didn't wait for the chairman of the board of directors, Alan Gay, to speak, and said, "I don't think anyone can deny this, and no one dares to give up a large amount of profit because of a little return.

And," Taylor glanced at the shareholders, "Gentlemen, Henry has no specific position on Citigroup and the board of directors."

He has no obligation to make money for everyone. Instead, as a major shareholder, he has the right to ask Citigroup and management to make money for him.

Therefore, I think the first issue now is to be a major shareholder and a partner who can bring us huge benefits.

Henry is only a member of the board of directors, not only is he not worthy of his identity and ability, is it too wasteful for us. "

FK.

Alan Gay glanced at all the shareholders and felt sad inexplicably when no one stood up to speak for him.

Although he knew that he would not be able to sit on the position of chairman of the board of directors for long, after all, he himself had already surrendered because of his interests, like Qian Qian and Li Changheng.

But as soon as the shareholding contract was signed, he served as chairman of the board of directors for 7 years.

Leading Citigroup to merge three commercial banks, so that the market value of Citigroup has risen from more than 4 billion to the current 7 billion.

Is it too cold-blooded and insulting?

Fortunately, when Taylor was triumphant, he saw Li Changheng shook his head slightly to himself.

I immediately understood that Li Changheng did not immediately sit on the board chairman's idea.

Therefore, without waiting for the shareholders to speak, Taylor changed his words, "At least give Henry the vice chairman of the board of directors and the chairman of the investment committee that has been vacant!"

In this next group of shareholders, at least 70% of them nodded without thinking.

For Li Changheng, as long as he makes achievements, the chairman and chairman of the board of directors are in his pocket.

But as soon as he became a major shareholder, he drove out his predecessor, which is indeed too unkind and seeming too keen on power.

And, don’t look at Alan Gay’s surrender, but underestimating and humiliating him is definitely a stupid thing.

On the contrary, it is the wisest way to provide him at this time and become his own help.

Taylor glanced at Li Changheng and saw a smile on his face. He felt relieved and continued, "Give Henry a few years to prove himself.

After Mr. Allen Gay retired, Henry took over as chairman and chairman of the board of directors. It was reasonable and no one had disputes. "

"I agree."

As the first person spoke, within a minute, all shareholders raised their hands and voted in favor.

It can be regarded as the first board resolution passed after Li Changheng became a shareholder of Citigroup.

After thanking and praising Alan Gay, Li Changheng formally took over the rights of Citi's investment department.

And just waiting for Alan Gay to lay down his rights, retire or become a member of the think tank after Li Changheng becomes the chairman.

Of course, if this old guy can't see the situation clearly, or is greedy for power, then say something else.

"Okay, continue with the topic just now", Li Changheng sitting in the first position on the left hand of Alan Gay.

He smiled and said, "Citi’s current market value is 7 billion, but tomorrow, the day after tomorrow, it may exceed 7.5 billion, and 8 billion is possible."

When a group of shareholders heard this, some were happy, but some sighed in their hearts. After all, everyone was thinking about taking the opportunity to buy more loose stocks in the market.

Now, at the press conference, Li Changheng said that he would make more than one billion or two billion, which would be simpler than ordinary people earning 10,000 to 20,000 U.S. dollars.

Citi's stocks resumed trading three days later. Not surprisingly, there will certainly be investors who are willing to trust him to buy Citi stocks in small batches or even risk a large number of them.

Once shareholders join the rush to buy, let alone 75, 80, more than 8.5 billion is possible.

Everyone’s wealth has increased, and happiness is certain, but who doesn’t want to make more money?

Li Changheng avoided a little embarrassingly, a dozen shareholders who blamed him for talking nonsense in their eyes.

"We base it at 8 billion. For every 8 billion increase in Citi’s market value, I hope the board of directors will authorize it to sell me 5% of the shares at the market price."

Alan Gay, who understands that he can't suppress Li Changheng's rise, wants to make more money with Li Changheng.

There was no silence this time, but instead he said, "It is not unacceptable for us to let you buy additional shares in cash in the form of rewards.

After all, we all want you to put your energy and time on Citi, and create greater value with Citi.

But is 5% too much? "

Li Changheng shrugged, this is the lion's big mouth.

Before bargaining, use it to stun all shareholders.

"Gentlemen, I now hold 17% of Citigroup. I can promise to stop trading when the shares reach 32%.

Until Citi's market value exceeds 100 billion, the shareholding increase plan will be resumed.

When I increase my holdings by 15%, Citi's market value will reach 32 billion U.S. dollars.

Of course, 15% of the shares are indeed a lot, but compared to the market value increasing by 8 billion US dollars every three years, it seems nothing.

And don’t forget, I buy it with cash.

Once the market sees that I increase my holdings, investors should have more confidence, right? "

Hearing the promise of 8 billion in three years, shareholders immediately had a heartbeat.

For Li Changheng, Citi’s current annual net profit is less than US$300 million.

To increase the market value to 16 billion is nothing more than doubling the profit and keeping it for 2 years. This is too simple for him.

Even Li Changheng felt that as long as the portfolio of bond products began to operate, Citigroup's market value might soar to 20 billion uncontrollably before the end of next year.

Therefore, he has the confidence of the lion to open his mouth.

"2.5 percent."

All the shareholders hesitated, when considering the gains and losses, it was surprising that Morgan, who had always opposed Li Changheng, actually spoke up.

"15% divided by 2.5% equals 6. 6 times increase plus 8 billion principal is 56 billion U.S. dollars.

If you can do it~www.wuxiaspot.com~ I think all shareholders will have no complaints about your 15% increase in shares.

When the market value really exceeds 100 billion, even if your shareholding exceeds 33.33%, we are willing, but you must sign a professional ethics agreement.

Citigroup will not be able to enter the project in the future. "

FK, all shareholders immediately understood what Morgan was thinking.

However, everyone did not consider opposing this time.

The signing of this agreement is tantamount to blocking Li Changheng. In the future, he and Citi will not have any competitive relationship.

Military industry, electronics, chemical industry, petroleum, non-ferrous metallurgy, retail, pharmaceutical-product agency, and the financial sector that Morgan is most worried about are tantamount to missing Li Changheng’s private investment.

For Li Changheng, in addition to computers, video game consoles, angel investment and the future Internet industry, other industries that Citi is involved in were originally not included in his plan.

"Then the Intel and other companies I already own count so?"

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