Vol 4 Chapter 30: Mature man mature woman

Those two guys are anxious about making money, and Feng Yiping is also heartache about spending money. These days, there are so many employment agreements signed by him, and every agreement signed means that he will give out a big one. Check.

The first legal document he signed was to establish a new company in Delaware.

This is the first preparation that a U.S. company must do before a merger or acquisition. First, register a company in the state where the target company is registered for the acquisition business. In this way, many legal issues will be effectively resolved.

There are three modes of acquisition of listed companies in the United States: merger, equilateral triangle merger, and inverse triangle merger. Feng Yiping plans to adopt an inverse triangle merger this time. To put it simply, after the successful acquisition, he established the company and The target company’s name and listing code remain unchanged.

Of course, many issues are involved here, such as brand recognition, tax consequences and so on.

Although the company he plans to acquire this time is located in Seattle, Washington, its registered place is also in Delaware.

In fact, it is not only the company that Feng Yiping wants to acquire registered in Delaware. Most of the major companies in the United States are registered in Delaware. Delaware, known as the capital of the world, is registered here. What attracts is naturally tax cuts or even tax exemptions, and its efficient judicial structure. Unlike the grand jury system of other state courts in the United States, Delaware implements an official system and is more efficient.

After that, he hired a well-known investment bank located on Wall Street, Merrill Lynch, which has had many good cooperations for many times, to take the lead as his own financial advisor; he hired Baker Mai, who is located in Chicago, the United States, and even the world's leading company in mergers and acquisitions Kenss & Co. took the lead as its own legal counsel; hired PricewaterhouseCoopers as its own fiscal and taxation consultant...

Because this acquisition is the beginning of a series of actions afterwards, there is no room for mistakes and to make things go smoothly, so he hired some very famous companies, and the money he put in for this was also extremely loud.

"Boss, this is the employment agreement of the public relations company." The secretary brought in another agreement. Feng Yiping took a look at the amount of the agreement. Heck, it was seven figures again!

Fortunately, the company I am planning to acquire does not involve monopoly. This time I don't need to hire a lobbying company, which saves myself some expenses.

The phone rang, "Hello Merbach,"

"Feng, how is it going?" asked over there.

The question is straightforward.

Of course, in the previous private contact, the board of directors of the other party was persuaded by Feng Yiping, accepted his proposal, and initialed the relevant agreement. At this time, the two sides coordinated on some issues to help speed up the process.

"It's proceeding in an orderly manner, where's your side?"

The acquired company and the acquired company do similar work at this time.

However, unlike the company that initiated the acquisition, the legal counsel hired by the acquired company must have a law firm that specializes in corporate litigation.

In the United States, all kinds of litigation were carried out almost simultaneously with the merger case, mainly the shareholders of the acquired company, who believed that the company’s board of directors violated its fiduciary responsibility and agreed to the terms of the acquisition that did not conform to the interests of minority shareholders.

These lawsuits are usually nuisance lawsuits, and generally do not affect the overall situation, but only affect the expenditure. In order to settle, the company generally has to pay the plaintiff's attorney's fee, which is between 1 million and 3 million on average...

In short, once the acquisition is initiated, there is really money everywhere.

"It's ready," Murdoch sounded excited and looking forward to, "I look forward to seeing us publicly as soon as possible."

"me too,"

The next time they meet publicly, it can only be when the two companies announce the acquisition agreement.

At that time, it means the greatest resistance to this acquisition. Murdoch called a shareholder meeting and the result is that an absolute majority agrees to this acquisition.

The rest is the approval of the relevant regulatory authorities of the US government. For a company that Merbach has founded such a small scale, does not involve key areas, and does not have a monopoly, such approval is a process and costly. Time is only, there will be no setbacks.

What's more, those investment banks and law firms that paid high prices before will actively play a role in this.

…………

The relevant industries in the United States have very rich experience in this area. Three days later, in a small building temporarily vacated, Feng Yiping’s highly-paid personnel gathered on time.

Whether it is the managing director (MD) of the investment bank or the named partner of the law firm (namepartner), they are immediately involved in the work.

On the contrary, Feng Yiping, who had been so busy before, was idle at this time, listening to their reports every day, or with Buchanan and the others, convening their leaders for meetings.

The working hours are longer than those in Seattle, but the intensity is not as great as those days. Those days are the decisive days. The effect of the meeting between Feng Yiping and the board of directors there determines the nature and difficulty of the acquisition. .

The most critical problems are solved smoothly according to their own minds. The next tasks are mainly transactional, and the challenges are not difficult. We will push all the tasks step by step to the end, and finally, integrate them into a plan.

However, for Feng Yiping, a financial professional, this is a rare practical opportunity because there are many similar actions planned. He took this opportunity to take turns in investment banks, law firms, accounting companies, public relations companies, etc., thinking Try to understand as much as possible about the operating modes of these companies, not for refinement, but for a blog.

After a few days, he really learned a lot of things, or the theories in the previous books, now he finally has the opportunity to integrate with reality, and he enjoys this process.

…………

"I have a meeting in the evening. I can't come back for dinner. No problem. I must come back as soon as possible." Feng Yiping took the phone and waved to the person who greeted him outside the window.

"Hey Yiping, don't you go to dinner?" This should be a guy who calls his own name in the company. It's not weird at all, and even the mandarin is very standard.

This buddy, in fact, can also be said to be an uncle. It may be more accurate to call a mature man. He is from the Northeast and graduated from Harvard Law School. In the past two years when the US economy was so sluggish, he was actually treated like Baker McKenzie. Hired by an internationally renowned firm shows his ability.

"How about you, not going to the restaurant?"

"In one and a half hours, we can go to the city to find Chinese food,"

I don't know if it was the law firm's instigation or his own intention. These days, this Nielsen Chen always finds opportunities to contact Feng Yiping in private.

There are both possibilities. Their firm needs to establish a good relationship with people like Feng Yiping. As for himself, if he can have a good personal relationship with Feng Yiping, then this will also be his capital.

"Yes, I know a few restaurants that are fairly authentic,"

"Ha, are you all here?" With a fragrant breeze, an Asian beauty in a Chanel classic suit smiled and walked in.

Nelson Chen smiled helplessly, "Hi, Emilia,"

Here came another law firm in the legal advisory group, Emilia Lin, a junior attorney from the Melmys firm also located in Chicago.

She is from Hong Kong and moved to the United States with her mother after elementary school. Now it can be said that she has been completely Westernized. If Chen still retains a lot of domestic customs, she really has very little.

Like Chen, she has always been close to Feng Yiping in the past two days, and can't figure out whether it is private or company reasons.

Emilia is of Australian mixed blood, her skin is darker, but her facial features are exquisite, which is in line with the aesthetics of Asians. On the corner of her right mouth, there is a faint beauty mole, which is even more pretty.

It is particularly worth mentioning that the mixed race has advantages in some aspects. Her figure is really very good. To be precise, she is a bit hot, not inferior to the already emerging sister Zhiling.

Moreover, because of habit and cultural issues, she is absolutely in line with the American trend in her dressing, confident and bold, and she doesn't hesitate to show her good figure. To be fair, her appetite should be better if she eats with her.

"Hi Feng," Emilia flicked her wavy hair, "Where to eat at night?"

This is light and very direct.

"I just discussed with Chen and planned to take him to a Chinese restaurant in the city. Are you interested?"

"Okay, your recommendation can't be wrong,"

"I really can't guarantee this. To be honest, in order to be able to eat formal Chinese food here, I have the idea of ​​opening a restaurant of my own."

"This is a good idea," Chen said with a smile, "As far as I know, more and more international students are working in Silicon Valley, and many of them have already worked in management positions. The income is not low and there is such a demand."

"You think it's good too, right? When I finish this busy hour, I really want to plan a bit to open a very distinctive and very authentic Chinese restaurant."

Emilia sitting in Yajun’s deputy driving seat, Ren Changfa was dancing in the wind, “California’s climate is more pleasant than Chicago, and it’s a level. Do you think there are more job opportunities here?”

"In your field, I really don't know. By the way, besides the two of you, there is also an Asian person who came to the law firm this time. Could it be that in the high-end law firms in the United States, Asians account for a large proportion? "Feng Yiping turned to the subject calmly.

"That one is Smecta from South Korea," Chen said with a smile. "It's not that we have a large proportion in the law firm, but we have a large proportion among the corporate lawyers. In fact, it is because of the accent. The defender Generally speaking, a lawyer who still speaks is not hired to defend."

As the judicial industry that accounts for more than a quarter of the US GDP, American law firms divide their business into very detailed divisions. The largest category is lawyers and corporate lawyers, namely litigation lawyers and corporate lawyers.

The former is court litigation, the latter is specialized in transactions, such as securities, financing, mergers and acquisitions, etc., mainly to write transaction documents.

"That's it!"

"It's not for this reason. I originally wanted to study business, and later I studied law for some reasons, but I was still very interested in business. I also minored in many business school courses in law school, so I chose to be a corporate lawyer."

"Feng, do you say that a comprehensive talent like me has many job opportunities in San Francisco?" She continued to ask the question just now.

"I really don't understand this aspect,"

"Do you have legal counsel?"

"Our company hired the best law firm consultant in San Francisco,"

"So, do you personally need a consultant or assistant? Your current secretary can only help you with scheduling and other tasks, and can't provide timely advice for your decision-making, but I am different."

She simply turned around and seriously recommended herself to Feng Yiping, "Look, I understand Chinese culture, I am familiar with American business laws, and know about business operations. I am definitely a good candidate for your assistant."

"It is true. If you really have such an idea, I can recommend it to some friends."

Emilia is actually right. It is really easy to have someone like her as an assistant, but if possible, Feng Yiping will still choose Chen in the back seat.

He knows his weakness. If such a straightforward, bold, charming, and charming beauty is always by his side, it will be a torment and a test for him. Even if Huang Jingping has no objection, he himself will oppose it.

"As for me, I actually have an assistant team in China, but I didn't bring it this time."

"Yiping, what do you think of my prospects if I return to China now?" Chen in the back seat helped in time.

"That's not bad. There will be more and more similar cross-border mergers and acquisitions in China in the future~www.wuxiaspot.com~ Professional talents like you have a lot of room for development. However, it is best to work in Baker Thinking of doing a few more years in such a big institute, accumulating qualifications and experience, it will be more popular after returning to China."

Emilia was a little dissatisfied that Chen interrupted her and Feng Yiping’s conversation, “You also have a lot of time in the United States, and you also need an assistant team. I can be fully qualified for this position. For example, this time, if there is an assistant like me , Will definitely share a large part of the pressure for you, you will definitely be more relaxed and have more time to focus on other tasks,"

This sister, really!

"We are currently looking for a vice president who manages these aspects. I won't have to deal with it in the future. By the way, you are both in Chicago. Have you met before?"

"Chen, does your significant other want to find a Westerner, or a beautiful and outstanding oriental beauty like Emilia?" Feng Yiping turned to attack.

Don't say, the two in front of him, the more he looks more suitable, a high-quality mature man, a **** light, a good match!

"Huh?" Chen was a little surprised, and a little flustered. Emilia gave Feng Yiping a cold look and stopped talking. (To be continued.)