In the Atlanta City Government Comptroller's office, Mrs. Isoerte, who was holding the phone, stared out the window in a daze.
"Ma 'am, you look very surprised."
Behind Mrs. Isoerte, a woman in business attire was making coffee on the tea table. "Is it because of that Andre Lee Wildenstein?"
"Yes! He really surprised me. I didn't expect him to grow so much in just a month or two. "
Mrs. Isoerte smiled bitterly. "It might be hard for you to imagine that just a few months ago, he was still living in an apartment in the slums. I was hesitant to help him. But now, he has a place in the City of Atlanta. "
"Of course, after I found out about this last night, I was also shocked by him."
The woman in business attire placed the coffee in front of Isoerte and said with a sigh, "When the Dragon Witch Cult retreated from Atlanta, we thought it was Mr. Dwight Payton's doing. But now, it seems that the situation is different from what we thought. Dwight is very powerful, but he won't help him without a bottom line. "
"That's what shocked me."
Isoerte sat back in her office chair. "I received information that Cardiff's military group was wiped out in one night. Many of the high-level mercenaries in the City of Atlanta are silent. Do you know what this means?"
"André's military force is enough to protect the Xuri Company. I think soon, there will be a consortium with at least three billion gold duns in this city. The competition for the inheritance of the Wildenstein family will change again. "
The woman in business attire pondered and said, "But Mrs. Isoerte, is it really appropriate for us to hand the Georgia Post over to him? I'm not saying he's unreliable, but — "
"I understand what you mean. This will further strengthen André's power, which will cause Margaret and her two brothers to be dissatisfied. But the problem is, other than him, can we find a suitable candidate? Can we ensure that this media outlet will always stand on Isoerte's side? Not only does this person have to be loyal to our friendship, but he also needs to have enough money to ensure his own safety. So, as I said, we don't have a choice, do we? Linda, he's my best friend's child. I watched him grow up. At this time, would I still care about Wildenstein? "
Ms. Yisolt spread her hands. "Linda, call Yves Cardiff later and tell him about André's asking price. This was the plan that André and I had agreed on. There was no room for negotiation. If he refused, she would hang up the phone. After defeating Cardiff, he could still get the shares of the Atlanta Post. Also, for the fundraiser in ten days, rearrange the seating. Move Mr. Andre Lee Wildenstein's seat to the VIP section — put him in the third row. "
The woman in business attire had no objection to this. If he was just a rich fighting star, there was no way he was qualified to sit in such a front seat. However, if this person was not only rich and powerful, but also controlled the Atlanta Post, then the situation would be completely different.
…
Yves Cardiff was very straightforward. In the afternoon, he conveyed his opinion through Ms. Yisolt. The Cardiff Group agreed to transfer the six stores with an area of more than 600 square meters, the seven stores with leases of more than 10 years, the renovations inside, the sales staff who were already in training, and all the electrical appliance sales contracts to Li Mochen for free.
There was also the shares of the Georgia Post. Yves didn't mind transferring them either, but Li Mochen had to pay 60% of the market price, which was 26 million gold duns. This was roughly the price that Cardiff Corporation had paid for the shares 14 years ago. They needed this money to repay the loan and remove the bank's pledge.
Li Mochen had already expected this. The shares were worth more than 40 million gold duns. There was no way Cardiff Corporation would give them away for free.
What followed was nothing more than haggling. In the end, he pushed the price down to 16 million gold duns. Yisolt called again, saying that a powerful figure in the capital, Abraham, had expressed concern.
This was a clear hint that enough was enough. There seemed to be an impressive background behind the Cardiff Media Group.
After the "surrender agreement" was signed, Li Mochen contacted Nannette Drew immediately. Ms. Yisolt had obviously spoken to her, and she was very interested in taking over Richard Publishing. At the latest, she would come to Atlanta as a guest next week to see what was going on.
As for salary and benefits, the two parties hadn't discussed it yet. Li Mochen had to make Ms. Drew happy with the working environment first.
Therefore, it was imperative that he acquire the other 39% of the shares of the Georgia Post.
However, based on the current profits of the Georgia Post, it was worth more than 250 million gold duns. If the influence of public opinion was taken into account, it would be worth a huge premium.
For 39% of the shares, it wouldn't be unreasonable for the other party to ask for 130 million.
That night, Li Mochen had no choice but to call over his newly hired private accountant and Li Mei to help him audit the assets under his name. First was the Xuri Company. Currently, there were 11 stores in operation, and 55 more were in the process of opening. Thirty-five of them were self-purchased, and the rest were rented.
The 13 stores that Li Mochen had taken over from the Cardiff Corporation would also be invested in the Xuri Company, and they would become the outlets of the Xuri Company.
Mr. Cardiff had a good eye when it came to choosing locations. The locations of the 13 stores were not bad. Not only were they in prosperous areas, but they also avoided the competition with the Xuri Company as much as possible.
Apart from that, there were 12 other stores that were in negotiations, so they weren't included.
"Currently, all of our fixed assets are 92 million gold duns. After deducting the upcoming renovation costs, the company currently has 32 million gold duns in cash, and 230 million gold duns that have yet to be paid to the manufacturers. Currently, the total amount of loans is 35 million gold duns, but the repayment period is next year or the year after. "
As the chief financial officer of the Xuri Company, Li Mei began to report on the company's situation. "Since the opening of the first nine stores, the company's revenue per day has been around 30 million gold duns, and it has been rising ever since. Now, it has grown to 42 million gold duns, and we have a total of 690 million gold duns in sales. If we include the 50 million gold duns that several African charities have purchased from us, that would be 740 million gold duns. Also, we have signed a new sales rebate agreement with Panasonic and a few other manufacturers. After we have taken various tax avoidance measures, we expect our net profit to reach 9%. In other words, we have already made a profit of 62 million gold duns in the past 20 days. "
Li Mei's face was flushed. "However, this situation won't last long. We expect that the backlog of demand around Atlanta will be released a month after all the stores are opened. Coupled with the competition, our sales will definitely plummet. We expect our monthly profit to be between 70 to 90 million gold duns. "
She thought that even those companies with a market value of 5 billion gold duns might not have such a high profit.
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