At 10 o 'clock in the morning the next day, the anxiously waiting media finally received the news. Early in the morning, before the stock market opened, L Brand submitted an application for recent changes in the company's equity to the relevant US stock market department.
The equity change document indicated that William Devonshire had invested $110 million in L Brand for 5% of the company's shares with a valuation of $2.2 billion, which was $200 million higher than L Brand's market value of $2 billion three days ago.
As soon as this application was exposed, the market value of L Brand, which had fallen for three days, immediately recovered to about $2 billion that morning. By the afternoon, the market value had risen to almost $2.1 billion.
This caused many people who had bet on L Brand to fall after the market opened at 9 o 'clock that day to suffer heavy losses. The next day, the outside world was already in an uproar. Many people clamored to report William's illegal manipulation of the stock price to the US stock market.
However, after the relevant US stock market department received the memo from the Swiss National Bank that day, they investigated for a few days and did not say anything. This was because the futures contracts of L Brand were operated by the Swiss National Bank on the surface. Legally, it had nothing to do with William at all.
Other than showing his face to a few brokerages with more than $4 billion and expressing his intention to acquire L Brand, there was no follow-up progress. Moreover, this intention was only expressed verbally. William's money had never entered the stock market at all.
The Swiss National Bank helped because when the current president, Jean Grace, received a call from William, he heard William say that the profits would belong to the bank, and the losses would be compensated by the bank elsewhere.
Of course, Jean Grace would not refuse such a profitable business. He had personally witnessed William's huge profits in March this year, so he had full confidence in William's vision.
Sure enough, the outcome was as he had expected. In the president's office of the Swiss National Bank, Jean Grace looked at the report in his hand with some excitement. He said to William's exclusive account manager, Felix, "We earned $60 million in three days? How did you do it? Show me the operation record. "
Taking the operation records that Felix had prepared beforehand, Chong Grice silently sat in his chair after reading them. He shook his head and said, "Has your team's sense of market capital changes become so accurate? Why is every operation faster than the others?"
"I'm sorry, sir. It's not that our team is good, but Mr. William Devonshire's judgment is too accurate. He can always give orders one or two seconds faster than others. This makes all our operations seem risky, but the actual risk is zero, so …"
After apologizing, Felix took the reports from Jon Grace and walked to the shredder. He put the operation records in his hands into the shredder, and soon, more than a dozen reports were shredded. In the end, he was still worried, so he put the shredded papers into the shredder and shredded them again. He only stopped when the shredded papers had completely turned into paper foam.
He turned to Chong Grice, who was very surprised by his actions, and explained, "The server motherboard of this transaction has been destroyed in front of me by Mr. Devonshire's people. I still have some dignity, so I can show you these operation records after using my integrity as a guarantee.
You should have seen the bodyguards that Mr. Devonshire left in the VIP lounge. If this were to leak out, I don't know what would happen to me. So, I'm very sorry, Mr. Grace. "
Chong Grice opened his mouth and looked at the smiling Felix. He felt helpless. Chong Grice knew that as the CEO, he could not control Felix now, because the salary that the bank gave Felix was only 240,000 Swiss francs.
Since he started working for William, Felix not only bought a manor of more than 110 acres in Switzerland, but also invested in a luxury resort on Iron Cross Mountain with the ten traders in his team.
He heard that the resort not only had William's bodyguards invested in it, but the total investment was also more than 100 million Swiss francs. Most importantly, it seemed that the idea of the resort, which focused on the Chinese style, was told to them by William. Although it would take two to three years, it still made Chong Grice's heart itch.
In this day and age, whoever could help you make money was the boss, so Chong Grice was not angry at all. He waved his hand and sat back in the boss' chair. He pointed to the chair opposite him and said, "It's okay, sit down. Let's talk about the resort you invested in?"
"Of course, Mr. Grace." Felix sat opposite Chong Grice with a smile. Anyway, the resort had as many as 22 shareholders, so it did not matter if one more person became 23.
.....
During the few days of waiting for the investigation, William received a call from his mother, Lena. The content of the call was only one sentence. The Earl of Oxford was dying. Lena called to let William be prepared. It would be best if they could show the strength and influence of their branch to the outside world, so as to avoid any problems with the succession of the title.
In the end, Lena sternly warned William that if he could not inherit the title that originally belonged to their branch, she would not forgive William. She would even ask William not to return to the castle in the future.
This matter disrupted William's original plan. After all, his mother was the most important. In the face of Lena's repeated warnings, William could only temporarily put aside his plan to secretly buy the L brand. After assuring Lena,
William was thinking about how to reasonably show the strength of their Devonshire branch to the outside world. On the other hand, he was waiting for his lawyer and the lawyer of the L brand to bargain.
Three days later, William and the L brand signed a contract with the participation of the US National Security Council. The 5% of the shares also made William officially an independent director of the company's board of directors.
It was not that he did not want more shares, but the old chairman of the L brand resisted the pressure of William exposing their company's scandal. He would rather fight to the death than give William 5% of the shares. Moreover, he only gave William the position of an independent director with no right to speak. He was afraid that William would use his financial advantage to take over the company he built up.
To William, the 5% shares were like an admission ticket. If he wanted shares, he could slowly buy them in the stock market. In the contract he signed with the L brand, there was no clause that prohibited him from buying the shares in the market.
As long as he entered the board of directors, William could use the opportunity to quietly buy or exchange the shares of other companies for the L brand's shares. But now that the title matter had disrupted everything, he could only use the signing press conference to say some good words and leave a good impression. He could only talk about it after the title matter was over.
The reporters, who had just signed the contract and were waiting for the interview, heard a piece of surprising news from William on the podium before they could speak.
"The reason why I invested in the L brand is that I am optimistic about this company. If it weren't for the fact that the chairman of the L brand refused to give in, I would have bought all the shares and handed it over to him to manage. Unfortunately, this is impossible.
A company that I can't be in charge of is meaningless to me. It really can't arouse my interest. Let's talk about something else. Besides, this money is not as much as the money I earned in two days. "
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