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The location of Qiaoshui Fund Company.

When Xia Yu arrived, Rey Dario was adjusting the division of labor within the fund.

The acquisition of IBM’s equity shares has ended, and the task assigned by Xia Yu has been completed. The temporary acquisition team will naturally be disbanded and the transferred personnel will return to their respective positions.

Xia Yu didn’t bother, and after signaling to him nodded, he went to the office for tea and waited.

About 5 minutes later, Rey Dario took a portfolio and walked in quickly.

“Boss, I’m sorry to keep you waiting for so long. This is IBM’s equity shares certificate and transaction contract.”

Rey Dario said, handed the portfolio to Xia Yu, then sat down opposite Xia Yu, poured himself a cup of tea, and waited quietly.

Xia Yu opened the portfolio, took out the contents, and read it quietly.

IBM’s shares are based on 3% of the company’s total share capital, 6. Except for a small portion of the shares acquired from the market, the others were acquired from 1.1 small shareholders, which cost a total of 9 billion and 1 million USD.

This equity share ratio has entered the ranks of IBM’s ten major shareholder ranks on paper, ranking eighth.

IBM was listed in 1917, and it has been 73 years.

In such a long period of time, IBM’s equity shares have already been traded back and forth many times, not to mention that in the past 73 years, IBM has successively merged and acquired many companies, many of which are cash plus equity shares. Make the equity shares further dispersed.

Today, among IBM’s shareholders, there are only three major shareholders with more than 5% equity shares, namely Morgan Stanley, General Dynamics and Bank of America.

Needless to say, Morgan Stanley is the core pillar of Morgan Consortium. As for General Dynamics, it is an aero-engine and arms dealer and the core pillar of Morgan Consortium. Finally, Bank of America is the core of the California Consortium, and the California Consortium is now owned by Morgan. Consortium has a serious penetration, almost wearing a pair of pants with Morgan Consortium.

As for other small shareholders, there are also many companies in the Morgan Consortium camp.

So in fact, IBM belongs to the Morgan Consortium camp.

The reason why Xia Yu wants to acquire more than 3% of equity shares is actually for an IBM board seat.

Generally speaking, no matter whether it is a listed company or an unlisted company, a major shareholder with a share ratio of more than 5% can obtain a board seat.

However, among listed companies, taking into account the scattered equity shares of listed companies, the threshold has been lowered, allowing shareholders with more than 3% of the shares to enter the Board of Directors.

But note that this is allowed!

Just qualifications!

Whether you can enter or not depends on whether the shareholder conference agrees.

Individuals or shareholders who hold more than 3% in total can submit proposals to the shareholders conference and apply for the right to recommend board members.

Then the shareholders conference is passed, and qualified shareholders can recommend board members to the Board of Directors, which will be reviewed by the Board of Directors, and then submitted to the shareholders conference for review before it becomes effective.

This is the normal procedure for recommending board members.

Of course, there is a very special situation in this, which is like the current situation of IBM’s equity shares.

IBM has been listed for too long and equity shares are too scattered, so there are few major shareholders with a share ratio of more than 5%. If the number of board members is small, the stock exchange will worry about the company’s risk. After all, the board of directors is small and any decision is passed More easily.

Therefore, in this case, there is another rule that the top ten major shareholders of a listed company can enter the Board of Directors.

That’s why Xia Yu thought about rushing into the top ten major shareholder camp.

And the reason for acquiring more than 3% of equity shares is to provide another insurance.

After all, when the time comes, he rushed into the top ten major shareholder camp and squeezed the original tenth place.

The original tenth major shareholder originally had a board seat, but suddenly he was about to lose it. If 10000 was unwilling, he would temporarily increase his holdings and overtake it?

So even if the original tenth major shareholder is unwilling to increase their holdings again, Xia Yu is at the 8th position, there is still room for buffer, and it can be more secure. 3% can also enter the Board of Directors, not necessarily the top ten major shareholder Enter the term Board of Directors.

After reading it, Xia Yu put it back into her portfolio with satisfaction and said, “Good job, Rey, thanks for your hard work.”

Rey Dario smiled and shook his head: “No hard work, this is what I should do.”

Xia Yu slightly nodded, instructed: “I will ask Peter Lynch to come over later, and you will transfer all your equity shares to Polaris Capital.”

Rey Dario nodded responded: “Okay.”

Xia Yu took a sip of tea and thought for a while and said, “Rey, I will invest another 2 million USD in the company in the next two days. You can make a good investment according to the situation.”

Rey Dario was surprised and smiled and said: “Okay, thank you Boss!”

He secretly thought to himself that, as expected, this month has not been in vain. The Boss not only graciously left the profit he should have, but also invested another 200 million USD in capital.

As long as the funds are in place, the strength of Qiaoshui Fund will skyrocket instantly, and he has more room for investment.

Seeing Rey Dario’s happy look, Xia Yu smiled and nodded.

After that, Xia Yu left, hoping that Polaris Capital would ask Peter Lynch to go to the Bridgewater Fund to receive the equity shares. This process requires the company’s seal and other steps, so Xia Yu doesn’t do it himself.

The previous two acquisitions of Bridgewater Fund did not report to the stock exchange in time, so now there is no Bridgewater Fund’s name in IBM’s ten major shareholder camp.

But when equity shares were transferred to Polaris Capital, and Polaris Capital went to the stock exchange to report, IBM’s equity shares information was immediately updated.

After all, it is the largest company on the New York Stock Exchange and the company with the highest market value in United States. It has long been staring at countless pairs of eyes, and any slight disturbance will attract countless attention.

When the information on IBM equity shares was updated, the unfamiliar Northstar Capital Company immediately became a hot word in the dark, and major financial companies were trying their best to inquire about North Star Capital Company’s information.

A financial company that can take out 1.1 billion USD at a time is very rare. It must be strong and can be regarded as a crocodile.

A crocodile rushed into the crocodile pond. The original crocodiles naturally have to understand clearly and see what attitude they should treat later!

Warren Buffett is naturally no exception. When he saw the name of Polaris Capital, he was shocked and secretly stunned. Xia Yu did not lie to him. Polaris Capital is indeed strong, and even spent more than 1.1 billion USD at one time. Purchased IBM’s equity shares.

For a moment, Warren Buffett felt a trace of fortune. Fortunately, Xia Yu didn’t do anything to Berkshire Hathaway. Otherwise, 1.1 billion USD of funds would definitely cause him the biggest trouble in his life.

Fortunately, everything is going in a good direction now. Polaris Capital has entered Berkshire Hathaway’s Board of Directors and has become his ally. An ally with such strength has a strong interest in Berkshire Hathaway. Great benefit.

Major financial companies are understood, and IBM, which is the party involved, is naturally understood. The current CEO Frank T. Cary hurriedly inquired about the news and wanted to know what was going on.

While Frank T. Cary was investigating, Xia Yu had already taken people to the headquarters of IBM, Almonk, New York.

For the future plan, Xia Yu must enter the Board of Directors of IBM and become a board member of IBM!

PS: Ask for tickets and book all, thank you!

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