Chapter 384 Sending off Avalokitesvara Smith(2/3)
After that, American Express's stock price began to fall.
After falling for so long, there are only $32 left.
Even a few days ago, Abel announced that it was about to launch a comprehensive tender offer, but there was no way for its stock price to rise.
Because investors with normal brains all know that Abel holds more than 50% of the shares.
American Express's stock price will definitely remain the same as last time, and will only remain at Abel's purchase price.
That's $30 per share.
I have been tricked once before, but not many leeks will be fooled this time.
What's more, most of the remaining shares of American Express are in the hands of institutions.
When institutions speculate in stocks, they want to trick leeks and reap the rewards.
But in the leek field, there are not many leeks left.
The little bit left is still the leeks that have become fine.
And these guys who specialize in cutting leeks.
Then they can no longer cut leeks.
Naturally, the shares of Express Company cannot be circulated.
Some small institutions and retail investors who could not withstand the pressure or were pessimistic about the future of American Express quietly sold and left the market, causing American Express's stock to continue to fall.
American Express's stock has lost value in the eyes of investors.
"...Looking at the stock price of American Express, there is a high probability that it will fall to my general tender offer price of US$30."
"Obviously, the US$35 requested by UBS Group is very uneconomical for me. Mr. Warburg, you need to give me a reason before I can agree to such a condition."
Abel smiled brightly and his eyes were sharp and bright.
Hearing what Abel said, Otto Warburg's expression changed slightly.
He could finally see that if UBS Group wanted to leave safely, it would be impossible without some efforts.
Otto Warburg gritted his teeth and said softly:
"Mr. Smith, if you are willing to acquire all the shares of American Express held by UBS Group for $35."
"Then I will help you and help you convince all European shareholders of American Express. Let them sell all their shares to you at around US$32, which is the current stock price in the stock market."
"The total of all our shares is almost more than 9%. With these shares from us, you will be able to dominate American Express Company immediately. Mr. Smith, what do I think of this reason?"
Abel's bright smile stretched.
That was why he was willing to meet with Otto Warburg today.
Almost 17% of American Express's shares were acquired by foreign shareholders.
Among them, Europe accounts for the majority, and the rest is held by Neon and Singapore institutions in Asia.
As the North American president of UBS, Otto Warburg has great influence among the North American branches of European financial institutions.
If UBS can be asked to help, the process of Abel's acquisition of American Express can be greatly shortened.
Seeing how successful Otto Warburg was, Abel was very satisfied.
"This reason is very convincing. The stock transfer agreement can be signed first." Abel said with a smile:
"But the condition for the contract to take effect is that you actually do what you said, Mr. Walburg."
"call--"
Otto Warburg took a deep breath and let it out slowly.
"I know. Mr. Smith."
He agreed.
It doesn't matter if you don't agree, UBS Group headquarters is pressing too hard.
After cooking Otto Warburg.
Abel did not stay in New York much longer.
There is no need to rush the matter with American Express.
As long as Otto Warburg and Buffett can handle it all.
Within a month at the earliest, more than 80% of the shares of Express Company will fall into Abel's hands.
At that time, you can directly declare the success of the privatization of American Express and start the delisting process.
In at most one month, American Express, a well-known large enterprise with a century-old history and the only service component of Dow Jones, will become part of Pacific Bank of Commerce.
At that time, Abel's more important plan can be launched.
That is - Pacific Bank of Commerce will be listed on American Express Company's stock!
Seriously, this will be the first listed company under Abel!
January 3, 2002, which is the second day.
Abel's Boeing 747 takes off at New York's John F. Kennedy International Airport.
More than 8 hours later, we landed at Los Angeles International Airport.
The motorcade that greeted Abel passed through downtown Los Angeles and headed towards Beverly Hills.
In downtown Los Angeles.
Abel looked out the car window at the tents and homeless people basking in the sun on the roadside, and narrowed his eyes slightly.
Those people outside made him suddenly realize that his mentality seemed to have changed.
He remembered the first time he came to Los Angeles, and when he saw these people, he asked David Jones why the city center of Los Angeles looked like this.
At that time, he felt a little pity for these homeless people.
If David hadn't stopped him, he would have even wanted to save these people.
But now, Abel found that when he looked at these people, he no longer felt any pity or sympathy.
He found that he looked at these people a bit like humans looking at dry batteries that had been almost drained, leaving only the last bit of residual power.
There is no compassion at all, and there is not a trace of uneasiness in my heart.
Abel took a deep breath and knew that he had really changed.
"But...this is life!"
He looked away, closed his eyes and fell asleep.
When he opened his eyes, 10410 Bellagio Road in Beverly Hills was already there.
At the main entrance of the villa, some bodyguards and all the maids, led by a housekeeper whose photo Abel had seen, lined up to welcome the return of the master Abel.
The housekeeper has just arrived from England.
She received Joanna's systematic housekeeping training, specially designed and adjusted for Abel.
They are the first batch of personnel trained by Abel's own private butler school.
There are only 6 in total for the first batch.
One is housed here at 10410 Bellagio Road.
The reason is because there is a woman living in this house who already has the blood of Abel in her belly.
Another 5 new housekeepers.
One was assigned to little Laura, and the other was assigned to Charlize and little Aaliyah.
One went to Ikana, and the other went to Han.
Of the remaining two, one will stay with Abel at all times.
The last one is here.
"Sir, welcome to your arrival. Mrs. Nicole and Mrs. Kate are waiting for you inside."
The housekeeper was one position behind Abel, following closely and reporting to Abel.
Walking into the main door, Abel nodded, took off his suit and handed it to the housekeeper.
He had already seen the two Australian national treasure-level beauties standing up after seeing him in the living room.
Nicole Kidman, and Cate Blanchett.
"Oh, dear, you're here!" The Australian white sheep walked towards Abel with a smile on his face, like a spring breeze.
When Kate saw Abel, she looked a little excited. As soon as she took a step forward, she saw that Nicole was almost walking to Abel's side.
She secretly retracted her steps again.
By this time, the Australian white sheep had already been chewed.
While tutting her tongue, Kate looked at the two people kissing passionately and thought to herself: J couple!
To be continued...