Chapter 74 Let them call us dad from now on

After listening to engineer Boris's story, Xu Fei understood.

In the North American broadcasting industry, there are ten giants.

One of them is called CNN, which seems to be backed by the North American Military Department and often reports first-hand news about wars and regional conflicts.

CNN has a subsidiary called North American Tower, which is mainly responsible for broadcast stations, microwave stations, TV towers, cable installation, and rental towers.

In 1995, in order to make a lot of money, CNN reluctantly split up all its towers, packaged them to North American Tower Company, made them independent, and prepared to go public.

In 1996, North American Tower Company was successfully listed. Because it did not have much debt and had so many assets, it instantly attracted countless speculators.

Seeing that the plan was completed, CNN immediately commissioned a group of scattered small financial institutions. One side was short and the other was long. Then, relying on its own broadcast propaganda advantages, it released some smoke bombs from time to time, causing both parties to take turns to harvest in the stock market. Occasionally adding a little leverage, almost every year

Make a lot of money.

This has been going on for three or four years, and there has never been an accident. The two sides have become more and more playful, bolder and more careless.

Until one day at the end of 1999, CNN made a mistake and failed to hedge with long-selling financial institutions, causing the stock to plummet...

Coincidentally, Bain & Company met a large client who wanted to acquire a larger shell company.

Bain, a capital company whose main business is investment, consulting, operation, and mergers, has a position in the stock market like a black club watching the market. After taking the money, it will definitely do practical things. When the tower stock plummets, it will be the first to buy the bottom and take it all.

, and at the same time used means to seize the shares of major shareholders, and then triggered the "forced suspension mechanism" of the stock market in the name of "mergers and acquisitions", and in just a few days, they took control of the North American Tower Company.

The dazzling and smooth operation not only confused CNN, but also frightened many small financial institutions.

The current situation is.

CNN reacted and found out that the baby they had raised for three or four years was missing, and they became furious.

"What did Bain say?"

"They said that the commission has been completed. In addition to providing lifelong confidentiality and a one-year operation plan for free, they will no longer interfere with the tower company's affairs,"

"Operation plan? Didn't you say that you would help arrange a CEO?"

"They said they couldn't spare any manpower now, so in order to compensate TEP, they helped the tower company customize a corporate strategic plan worth US$100,000."

"I think they are scared."

Xu Fei doesn’t understand ‘Bain & Company’.

But when registering an offshore company and looking for an entrusting agency, he didn't just randomly choose one from the Internet.

Instead, search "world's largest" through search.

Three company names popped up at that time: Bain, McKinsey, and Boston International.

According to his opinion, since it is a big company, it must have a certain degree of credibility.

Facts have proved that I made the right choice, at least I didn’t lie to us during the cooperation.

The problem is, leaving a mess behind...

Without further ado, we will arrange a company of spies for Bain.

"Director, there are many CNN reporters squatting at the gate of the Tower Company."

"Didn't Bain say that he would provide both political and business confidentiality? He also made up the story of 'the nephew of the major shareholder turned the tide and saved the tower'. What is there to worry about?"

"Bain reminded me that we are not afraid that CNN will find evidence, but we are afraid that they will make random reports and make up some sensational news, which will cause social repercussions. After all, we can march here. If the top officials in North America pay attention to it, Bain can't hide it even if he wants to."

"That makes sense..."

Xu Fei thought for a moment, then saw the antenna erected on the large color TV in the office, and his eyes lit up, "How many shares does TEP currently control?"

"North American Tower is listed, with 32% of the public shares and 68% held by shareholders. The public shares were bought at the bottom by Bain and are currently suspended and cannot be traded. The major shareholder was killed by Bain and helped TEP get 25% of the shares. After that, Bain followed

The second shareholder, the third shareholder, and the fourth shareholder sat together and chatted, raising the shareholding ratio to 35%. In addition, I replaced two small shareholders with spies, and received 1% and 1.5% respectively."

"In other words, the tower is completely controlled by TEP, both nominally and actually."

"Yes."

“What are the ten giants in North American broadcasting?”

"Yes, they are ABC, BBC, NBC, FOX..."

"What about the other broadcasts?"

"It has almost no impact."

"That's good. You entrust Bain & Company to ask them to help negotiate. Let's say that in the next two years, our company's towers will be spread all over North America, increasing to at least 10,000. If broadcasting companies use them, they will be free of charge for two years.

Rent, but there is one requirement: the tower company must fully support us this time against CNN."

"They will definitely agree. After all, CNN is a competitor to them. Now that they can suppress competitors and get two years of rent-free, no one will refuse."

"As long as other broadcasters support us and do not broadcast the reports provided by CNN, no one will know the inside story of the acquisition."

"Director, CNN will report it."

"Are you stupid? CNN's broadcast station, microwave station, TV tower, cable installation, etc. are all in our hands. We will shut them down in a targeted manner. If not, we will say it is faulty, struck by lightning, or damaged by strong winds.

…Wouldn’t CNN be dumb?”

"..."

"When working overseas, you have to take a wild approach. I usually have nothing to do. Learning from Bain can also help me worry less."

"..."

"The only uncertainty is whether other broadcast companies will support us in fighting CNN. After all, they also have signal towers, so Bain must arrange people to talk to them one by one."

After Xu Fei finished speaking, he gritted his teeth and said, "Tell Bain that for every successful deal, we will provide a service fee of US$100,000. If we can't get it done, we will take the initiative to expose the inside story of the acquisition and let everyone finish it together."

"Good factory director."

"After getting these things done, let CNN call the North American Tower daddy. If you don't like it, just tell them to shut up."

"..."

"By the way, now that the acquisition is complete, don't call me as a last resort in the future. I'll listen to spies. Too many calls at home and abroad can easily lead to surveillance."

"clear."

Xu Fei put down his phone and breathed a sigh of relief.

After taking down North American Tower Company, the next step will be easy.

Arrange engineers and military dogs in batches to continuously build "iron towers" for the North American Tower in the name of the major shareholder TEP, reach a capital increase plan, and reduce the shareholding ratio of other shareholders.

When the stock market recovers, TEP will pay US$150 million to Bain and repurchase 32% of the public shares temporarily controlled by the other party. At that time, TEP will choose whether to privatize and delist or sell to the public.

In total, through a series of operations, he spent US$250 million and numerous towers to buy a North American company with assets of US$800 million and liabilities of US$900 million.

Since the 'Iron Tower' is a long-term income project, it is not clear whether it is a loss or a profit.

Xu Fei sat in front of the computer, pondered for a long time, and opened an email from James (the spy), the major shareholder of TEP and the major shareholder and chairman of the Tower.

Although TEP is still an offshore company, Bain injected US$1 billion during its acquisition of North American Tower Company, with a registered capital of US$1.15 billion. In addition, North American Tower Company, which holds US$800 million in assets, has met the conditions for investment in China Industrial.

An application for foreign investment was also submitted.

"This foreign company making nonsense is finally established."

"And TEP is a holding, not a merger. Even if something happens to the tower company, TEP will withdraw its shares at most, which will not affect the domestic tin toy factory."

Xu Fei pulled out the financial form made by Malaysia and planned to purchase metal frantically to prepare for the construction of the tower.

The toy factory currently has available funds:

Three batches of goods, each batch of 500,000 sets, with a total payment of 12.6 million.

The 20 million loan was transferred and paid to the tractor manufacturer in the form of land lease, which was used to purchase building materials.

The military factory Jiang Tao paid a payment of 30 million yuan and land worth 20 million yuan.

Total: 32.78 million.

Funds available for Tractor Manufacturing Plant:

All the 20 million yuan in land rent from the toy factory was used to buy building materials.

The 10 million deposit for the tracks and chassis that Lao Xu brought back was lent to the construction company.

Currently there are only 250,000.

TEP offshore company:

150 million US dollars, of which 100 million was used to acquire North American Tower, whose financial statements have not been released.

Of the remaining US$50 million, US$12 million was converted into red banknotes and handed over to Director Shang to register Daze Power.

Current remaining balance: US$38 million.

Xu Fei took a pen and paper to do calculations, edited a document, affixed a TEP signature on the bottom, and sent it to the secretary.

"Contacting steel mills across the north, our company has decided to purchase steel worth 100 million red banknotes, divided into 10 orders, and delivered within a month. Who wants it, or wants it all, after midnight tonight, we will start bidding

, for two days. If this quotation is higher than the last quotation, you will automatically lose the qualification to bid. If the price increases collectively, this order will be cancelled."
To be continued...