My Dad Is The Richest Man In The City

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During this meeting, Lin Yu gained the favor of the U.S. Congress, which was of great benefit to his acquisition of Litton Bank. At least the United States would not intervene to prevent it.

"Everyone, I will ask the court to withdraw the lawsuit as soon as possible, but everyone also knows that at this time, the Chinese New Year is the official New Year, and government agencies are on holiday. Only after the new year can the lawsuit and sales ban be withdrawn."

"However, before that, we can hold a press conference to explain the agreement reached this time!"

After the negotiation, everyone shook hands with smiles, but the contract was not signed directly. The specific contract and patent still need to be prepared, which will take a few days.

Lin Yu's proposal was something everyone wanted.

Even if Lin Yu doesn't propose holding a press conference, these companies will.

After all, the release of this news, with Lin Yu's guarantee, can make the company's stock rebound a lot.

Lin Yu wants to win the acquisition of Litton Bank as soon as possible during this period.

The patent licensing contract has not yet been signed, and the domestic court prosecution and sales ban have not been revoked. It will be more convenient for him to acquire Litton Bank.

If the United States intervenes in this acquisition, the patent authorization will come to nothing, and the domestic court prosecution will not lift the sales ban.

"How about the press conference be held in the afternoon?" 020 Lin Yu suggested.

"No problem at all!"

No one objected to Lin Yu's proposal.

For these companies, the earlier the press conference is, the better. They can't wait to hold a press conference to announce this matter immediately.

However, since Lin Yu opened his mouth and set the time for the press conference in the afternoon, several companies had nothing to object to, it was only a few hours.

The intention to license the patent has been negotiated.

Apple and Samsung implicitly proposed to Lin Yu that they wanted to place an order with Umbrella Technology, and Samsung wanted Umbrella Technology’s curved screen.

Lin Yu has already obtained the curved screen patent authorization, and Umbrella Technology's screen technology is simply not comparable to Samsung's.

Samsung's new generation mobile phone can only choose screens and batteries equipped with umbrella technology, otherwise it will have no advantages and selling points.

Unless Samsung can catch up with Umbrella Technology in screen technology.

But having a patent is one thing. It will take only a few years to truly catch up technologically.

Specific orders and selling prices can only be discussed later, but now is not the time to discuss this.

While Lin Yu was negotiating with several major companies, people from Allen & Overy Law Firm had already found two private shareholders of Litton Bank and purchased 6.8% of the shares for US$5 billion and another for US$6 billion. Shareholders own 7.4% of the shares!

Lin Yu previously spent 300 US dollars to sweep up all the shares in the free market, which was a high price:

These two shareholders also knew that someone wanted to acquire Litton Bank. Although they did not know who it was, they still chose to sell their shares at a premium.

The real market value of Litton Group is only about 70 billion US dollars, and they also made a lot of money this time.

Allen & Overy did not announce who acquired the shares.

If you know who it is, you can determine how eager the other party is to get these shares, and the price can be increased.

The people at Anli Law Firm are also very professional and reputable. They did not disclose any information. The company that acquired the shares was also a shell company and would definitely change hands later.

At this point, coupled with the previous acquisition of 30% of the shares in the free market, Lin Yu already owns 44.2% of the shares of the bank Litton.

As a result, only Leighton Holley holds 19% of the shares, Tiger Management holds 18.2%, and Lexington Bank holds 18.6%.

The points are relatively concentrated, and it is not generally difficult to get shares.

But generally foundations and venture capital firms are all about making money.

As long as you are willing to pay, you can get the shares.

Lin Yu is still short of holding less than 6% of the shares to control Litton Bank, so he needs to get the shares from Tiger Management.

People from Anli Law Firm are helping Lin Yu negotiate this matter. No one knows yet that he is acquiring this bank.

Because Lin Yu and the umbrella company cannot afford so much money.

Even if someone knows that Umbrella Technology split 1(ahfd)0% of its shares and received US$30 billion in cash, it is impossible to acquire Litton Bank

One thing that no one expected was that Lin Yu received more than 20 billion in cash during the previous U.S. stock market crash!

But even so, Lin Yu spent 30 billion to wipe out 30% of the shares in the market. This is a relatively loss, but it must be done!

Later, it acquired 14.2% of the shares from two small shareholders, spending another US$11 billion.

To acquire shares of Tiger Management or Lexington Bank, a family would need about 125 US dollars. If they wanted to consider the acquisition, they would need to negotiate the price. Lin Yu could barely come up with it, but he didn't know if they would take action.

According to the Red Queen report, people from Allen & Overy Law Firm approached Tiger Management and Lexington Bank to discuss the acquisition;

Among them, Lexis Bank is not considering selling its shares.

Tiger Management is interested in selling its shares, but it requires US$13 billion, which is more than US$500 million higher than the market price!

This is a premium of 3.4 billion yuan!

Tiger Management regarded Lin Yu as the enemy.

Tiger Management dared to quote the current price, and also noticed that someone had swept away about 30% of the shares in the free market.

The total shares held by Tiger Management, Lexington Bank, and Leighton Holley exceed 50%!

No matter who sweeps up all the shares on the market or acquires the shares from small shareholders, it is impossible to obtain controlling rights.

The person who acquired the shares of Litton Bank this time was obviously here for the controlling interest, so Tiger Management was not in a hurry and was holding on to the price.

Tiger Management has held shares in Litton Bank for more than three years.

At the beginning, the market value of Litton's bank was only about 10 billion, but now it is profitable no matter how it is sold.

Even if they can't sell it, they still want to see who is behind the scenes who wants to acquire Litton Bank. Maybe they will get good news and the shares in their hands will continue to appreciate. In short, it's useless.

"Promise them!!"

Lin Yu gritted his teeth and directly asked the Red Queen to tell Anli Law Firm to agree to the acquisition to avoid long nights and dreams.

The shares held by two small shareholders of Litton Bank have been acquired by them.

This news will be known soon, and Tiger Fund may increase its price by then.

As Tiger Fund said, Leighton Holley's shares will not be sold, and Lesheng Bank's shares are very difficult to obtain.

If you want to get the controlling stake as soon as possible, you can only start with Tiger Fund.

at Tiger Fund.

People from Anli Law Firm received the notice from the Red Queen and said to the CEO of Tiger Foundation: "We agree with your offer, but we need to sign the contract immediately!"

The man from Tiger Management nodded slightly. He could see that the banker behind the scenes who wanted to acquire Litton Bank was determined to win Litton Bank.

"It seems that you have already obtained the shares from the other two small shareholders. You should only be short of our shares to obtain the controlling interest in Litton Bank..."