Reborn Capital Empire

Chapter 679 Sell Yahoo and eBay

…

Although doing so requires 5% of the total assets to be used for charity every year, in order to resist inflation, the fund must guarantee an annual rate of return of 8% to ensure that the assets will not shrink. But in fact, for family foundations with huge social resources and professional financial talents, 8% is not a difficult figure to achieve. Bill Gates & Melinda Family Fund, Paul Allen Family Fund and other common annual returns are above 10%.

In addition, the trust plan set up through the company's shares can also ensure that family members live a superior life through the dividends of these shares. At the same time, it also avoids the situation that there is no good heir, which leads to the decline of the company.

Family trusts + family charitable funds constitute the general model of modern large family inheritance. However, because China has no inheritance tax. So family charitable funds can be saved. Only the family trust remains, and this trust is different from Western trusts. It has the nature of a legal person and can exist as a company, exclusively responsible for the management of all its assets.

Hanhua Trust is such an existence.

However, separation is never easy. It is also impossible for a trust to settle completely. But now Guo Shouyun's children are still young. When they grow up, they can decide on a more detailed asset inheritance plan based on their abilities and personalities.

The current Hanhua Trust is just a preview.

Regarding the position of executive director of Hanhua Trust, Zhang Lei did not hesitate to sign his name behind it. As long as you're not a fool, you can understand that you can get this position and enter Guo Shouyun's core decision-making circle. It is not only Hanhua who is involved in the management, but also the huge oriental assets of the Guo family, as well as the future inheritance of this family, and even the asset management and inheritance of the American Guo family. No matter it is good for him or for his career.

"Is it just the two of us in the entire council?"

"For the time being, there are only the two of us. As for the follow-up personnel, I will decide after I inspect it!"

Zhang Lei nodded. He can't say much about this kind of thing, it's better to leave it to the big boss to make his own decisions.

…

Guo Shouyun stayed in Hong Kong for a week. He originally planned to go to Pengcheng next door to see Ma Huateng and Zhang Zhidong, but the news from the United States forced him to change his schedule.

"Are you really pregnant?"

Seeing his happy look, Wendy smiled and pointed to the test sheet in his hand.

"Isn't it clearly written on it!"

"Haha, it's very clear. I'm just so happy!"

After reading the laboratory test list several times, Guo Shouyun threw it away, saving the mature and charming woman in front of him.

"Great, Wendy. We finally have a baby!"

During this time, although Guo Shouyun spent most of his time in the magic capital, he would fly back to San Francisco for a few days every other week. After all, he also had his family here. When staying, it is a matter of course to discuss with Wendy the avenue of human relations.

In fact, Wendy was happier than Guo Shouyun. The two have been together for so long, and she has never been able to get pregnant. Although Guo Shouyun didn't say anything, she always felt very stressed in her heart. And now that's all in the past. She is not worried that she will lose the better and better man in front of her in the future.

"By the way, when is the due date?"

"The doctor said March next year!" Wendy said sweetly.

"Are they twins?"

Guo Shouyun had some expectations. Because among his children, there are already two sets of twins. So he felt that he should have this gene.

"no!"

Wendy's tone was a little lost.

"It doesn't matter, we are still so young, there will be opportunities in the future! Come, let me hear the heartbeat of my daughter."

Saying that, Guo Shouyun's ears moved towards Wendy's still flat stomach.

"It's only two months old, how can you hear the baby's heartbeat without the aid of a stethoscope."

Even so, Wendy did not stop her lover's movements. Instead, he stroked his slightly stiff hair, and his pretty face was full of maternal tenderness.

"Although I can't hear it, it's good to feel it!"

Just when Guo Shouyun was working hard, there was a dense and small sound of running outside.

"dad…!"

With the childish voice, Guo Shouyun, who had just turned around, was not ready. Two small figures had already rushed into his arms.

"Haha, Elizabeth, George, do you miss Dad?"

He picked up the two children on the left and the right, and kissed their tender little cheeks twice. Guo Shouyun, who was disliked because of the hard stubble, asked with a smile.

After the two little guys nodded at the same time, Elizabeth quickly asked, "Dad, I want to eat champion cake."

"Dad, I want to eat pear paste candy." George was not far behind.

The champion cake and pear paste candy are both famous snacks of Modu. When I came back to see them last time, Guo Shouyun brought some. As a result, the two little guys fell in love completely, and every time he came back he had to ask this.

"Go to your Uncle Matthew, he has it there!"

The eyes of the two little guys lit up, and after struggling to get down from Guo Shouyun's arms, they whistled and ran towards Matthew.

Looking at their small backs, Guo Shouyun folded his arms, and there was a touch of love on his face.

"They're all so big in a blink of an eye."

Wendy hugged his sturdy waist from behind, her round chin rested on his shoulder, and said in a gentle tone.

Holding her hand and putting it in his own, Guo Shouyun nodded slightly and said, "When the child in your belly is born, this family will be even more lively."

"Bruce, do you like children very much?"

"Of course! We Chinese people have always said that they have more sons, more grandchildren and more longevity. As a traditional Chinese people, I also hope that the second generation of the Guo family can spread branches and leaves, and can get the care of brothers and sisters, instead of being like me from beginning to end. It's one person!"

Wendy nodded lightly, "I will definitely give you many, many children in the future."

"We will work together in the future!"

…

Wendy's pregnancy is naturally a happy thing. Guo Shouyun specially invited the Lincoln family and his old husband who was far away in New York to get together in San Francisco. Everyone celebrated together.

In the middle, it was inevitable to discuss with my father-in-law Roosevelt about the election of the current US president. As one of the leaders of the Democratic Party, it is embarrassing that his son-in-law is a die-hard supporter of the Republican candidate. Even so, the old Roosevelt did not persuade Guo Shouyun to change his ways. From the current election situation, the current atmosphere in Congress, and the perception of the upper class, Bush is obviously more favored.

After entertaining relatives, Guo Shouyun also started to work. As for friends, it would be more appropriate to entertain after the child is born.

Hanshan other courtyard, backyard. The office of the secretarial department.

"The secret acquisition of Merrill Lynch shares has stalled." Liu Zhixing said.

"Funds should be enough!"

Guo Shouyun said.

To buy Merrill's shares, he authorized Liu Zhixing to issue several ABS with stakes in Yahoo and eBay, both owned by the Guo family trust. With the current market value of Yahoo's US$65 billion and eBay's US$58 billion, let alone acquiring a 20% stake in Merrill Lynch, a 100% premium, a wholly-owned acquisition is enough.

You know, it was only this year that Merrill Lynch benefited from the recovery of U.S. real estate, with its share price exceeding $50 billion. This figure was reached by Yahoo and eBay in mid-2003.

"The funds are sufficient, but Merrill Lynch's outstanding shares in the market are not enough. Now, financial stocks are rising rapidly, and investment banks such as Morgan Stanley, Merrill Lynch, Goldman Sachs, Lehman Brothers, etc., are rising every month. Under the stock rally, few investment institutions have released their Merrill Lynch shares. Compared with 2003, the turnover rate of Merrill Lynch shares this year has dropped by nearly 10 percentage points. If we continue to acquire, Merrill Lynch is likely to There will be splits in order to increase the liquidity of the stock. If we do, we will be in trouble.”

Guo Shouyun nodded, and after pondering for a moment, "How many Merrill Lynch ordinary shares do you have now?"

"13.9%!"

"Can it exceed 23% in a week if it's a surprise acquisition?"

"It's difficult!" Liu Zhixing slowly shook his head.

Guo Shouyun frowned. Blitz is the best way if you can't do it slowly. Otherwise, with what he knows about Stan O'Neal, if the takeover takes more than a week, he'll face a sharp counterattack.

Wall Street has been established for hundreds of years, and there are too many anti-takeover strategies. Guo Shouyun didn't want to let the results of his four years of hard work go to waste, so he would rather be slower than act blindly.

"Then pause first!" Guo Shouyun's tone was a little helpless.

"Benefiting from the favorable environment, the U.S. financial industry is developing rapidly. If the acquisition of Merrill Lynch is stopped, it will cost more in the future."

Guo Shouyun nodded, "So, do you have any good suggestions?"

"Among Merrill Lynch's institutional investors ~www.wuxiaspot.com~ Fidelity Fund holds 9.45%; the second largest is the Morgan family fund, holding 5.83%; if the boss can buy any of them, we will The acquisition of Merrill Lynch can be completely completed through a blitz."

"Have you ever thought about it. If we abuse our shortcomings, we may have to give up the cost of several times our target? There is even a risk of exposing the target and causing the entire operation to fail?"

"Of course I thought about it. But compared to the price paid, or even the risk of exposure, there are more variables dragged down!" Liu Zhixing said firmly.

Guo Shouyun looked at Liu Zhixing, who had been cultivated by himself and depended on him as a think tank, and the firmness in his eyes. After pondering for a while, "I'll think about this first."

Liu Zhixing also knows that the acquisition involving tens of billions of dollars is not a trivial matter. Moreover, the two have been working **** this matter for nearly three years, and no small mistakes can appear. Deliberation is the best way.

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