Buying shares required legal assistance from a lawyer. Since Li Du did not have a private lawyer, Roger suggested over the phone that he could hire a financial lawyer at the last minute.
He was not familiar with Las Vegas, and there were good and bad people in the legal profession. Hence, he was rather hesitant.
In fact, there were many outstanding lawyers among the Chinese. If Ma Zhi-an did not get thrown into jail for trying to fool him, then he could consult Ma Zhi-an.
Having been in Arizona for so many years, Ma Zhi-an was skillful and had a lot of connections. He was the most suitable person to introduce someone to.
Li Du thought about it. The person who could help him the most in this matter should be the Playboy. Although he did not know the Playboy's background, he knew that this young master had a lot of connections.
On the way, he called the Playboy and said that he wanted to hire a reliable financial lawyer to sign a contract.
Sure enough, the Playboy could help him. After hearing the request, he said happily, "I will introduce my lawyer to you. He is very knowledgeable in economic law."
Li Du brought Sophie to the Harry Winston building and let her walk around while he went to see Roger to discuss the purchase of Tedrick's shares.
He wanted to keep this matter a secret and did not want to tell Sophie, Hans, and the others. It was not that he had any selfish motives, but mainly because he felt that there was no need to tell Hans about it. As for Sophie? He was planning a surprise.
When they arrived at Roger's office, Li Du saw Tedrick.
The old man looked at him as if he had seen the Red Army. He extended his hand enthusiastically and said, "Mr. Li, it's a pleasure to see you again."
Both parties were destined to have a purely business relationship. Hence, they did not exchange any pleasantries and went straight to the point.
The price had been discussed at 11.2 million dollars. Tedrick would sell all of his shares to Li Du. There was an internal equity transfer agreement in Harry Winston, and he only needed to sign it under the witness of his lawyer.
After signing, Roger would help him contact the headquarters of Harry Winston to carry out part of the equity change. He only needed to sign it and did not even need to go to the headquarters in New York.
The Playboy's lawyer had not arrived yet, so Li Du first looked at the equity change agreement.
Harry Winston was one of the top jewelry companies in the world. The equity change agreement was very complete. It was as thick as a book and had dozens of pages.
Li Du could not understand it at all. It was like a heavenly book. There were many technical terms in it, and these things were too difficult for him.
Fortunately, the Playboy's lawyer arrived. He was a tall, thin white man in his forties. He looked energetic and his brown eyes were always sharp.
"Hello, I'm Bauer Neuberger. Nice to meet you." The lawyer extended his hand to Li Du from afar.
The Playboy had already explained the situation very clearly. Bauer would be able to start working immediately once he arrived. Also, he might have praised Li Du before. Bauer was very attentive to Li Du.
After entering the office, he went straight to the point and began to look at the equity transfer agreement.
The lawyer's responsibility was to ensure that there were no loopholes or risks in the agreement. As for the price, he didn't care.
The thick transfer agreement was like a heavenly book to Li Du, but to Bauer, it was very simple. He spent half an hour skimming through it and then began to read it with Li Du.
During that time, he kept explaining to Li Du which one was what, what the other party wanted him to do, and what they wanted him to do. He explained everything clearly.
After spending another hour, Li Du finally understood the specific content of the equity transfer agreement.
Sophie shopped for an hour and a half. However, Harry Winston's jewelry store had many beautiful pieces of jewelry. Each piece of jewelry had a unique design concept and even culture. Sophie did not feel bored looking at the jewelry.
There was no problem with the transfer agreement. Li Du, Tedrick, Bauer, Tedrick's lawyer, and Roger all signed on it. With that, the agreement became effective.
After that, a manager of Wells Fargo Bank also signed on it. Li Du transferred 12 million dollars to the bank's account. This was considered a third party. After the equity transfer was completed, the money would be transferred to Tedrick's account.
The transaction was completed smoothly, and all parties were very satisfied.
Tedrick shook Li Du's hand and said, "Thank you, young man. Thank you for being willing to take over this equity. This money is for my retirement. It's time for me to retire."
Roger laughed. "Mr. Tedrick, you might regret it after some time. The current price is too low for Harry Winston's current situation."
That was true. Li Du had found out that when Harry Winston was at its peak, its market value was 2.5 billion dollars. Buying 0.8 percent of the equity would cost 20 million dollars.
Compared to its peak, Tedrick's equity had shrunk by almost half.
After selling the equity, the old man was in a good mood. He laughed and said, "Maybe, but I don't regret it. What I need the most now is to retire."
"Where do you plan to retire?" Li Du asked curiously.
The old man said, "New Zealand. I bought a house in a small town on the south island of New Zealand. It's beautiful there, and the people are very kind. I think I will spend the rest of my life there."
"I wish you a happy retirement." Li Du shook his hand again.
Their interaction had ended. Next, he started to settle with Bauer.
Bauer laughed. "No, Mr. Li, I won't charge you this time because I didn't find any loopholes. Moreover, you are a good friend of Akkalou. This time, I will provide you with free help."
Li Du was surprised. "How can that be?"
Bauer said, "Of course, I'm not asking for nothing. I think you are very interested in Harry Winston's equity, right? You don't just want to buy this? "
Li Du nodded. "Yes, I want to buy as much as I can."
Bauer said, "Regarding the acquisition of Harry Winston's equity, I will provide you with free help so that you can experience my service. If you think that my service is good, I hope to be your personal lawyer."
Casting a long line to catch a big fish was the usual practice of American lawyers.
Li Du was so young, yet he could easily fork out more than 10 million dollars to buy the equity of a company that was in the midst of a storm. Regardless of whether it was in terms of courage or wealth, it was shocking. Furthermore, he was a friend of the Playboy.
After hearing Bauer's words, Li Du thought for a few seconds and said, "Alright, it's decided then."
Tedrick and his lawyer left, leaving only Roger and Bauer in the office. With that, Li Du opened the box without hesitation and said, "I have two paintings that I would like to sell. I wonder if Director Roger can help?"
Looking at the paintings in the box and the exaggerated Van Gogh signature, Roger was shocked. "God, is this Van Gogh's authentic work?"
Li Du generously waved his hand and said, "Feel free to appraise it."
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.