Chapter 670: Davis Has Changed His Mind!

New York. Green Brothers Company!

The conference room was packed with people; all the company executives, including Reggie Green and Li Yi, were present.

In addition, the original shareholders—Davis, Blinken, Johnson, and others—were all present.

The reason so many people had gathered here was primarily to complete the final step of the previous equity transaction—the payment.

Since most of Li Yi’s funds had been tied up in the futures market and couldn’t be withdrawn in the short term, and Davis and the others didn’t want to go down with Reggie Green, they were eager to cut their losses.

Consequently, although the share transfer agreement had been signed, the funds for the acquisition remained unpaid.

Now that the company’s investment dividends had been distributed, this money naturally had to be repaid first, so Li Yi had someone arrange for Davis and the others to come over.

In fact, this was also Reggie Green’s intention.

Otherwise, even if the company had made a fortune this time, Li Yi, as a shareholder, wouldn’t have been able to receive his share so quickly.

After all, for an investment firm of this size, distributing dividends to shareholders is a serious matter that requires deliberation by the board of directors and approval from relevant regulatory authorities; otherwise, not a single penny would ever reach the shareholders’ pockets.

However, Reggie Green felt some pressure having guaranteed such a massive sum for Li Yi; after all, if Li Yi failed to pay, Reggie would have to cover the cost himself.

Of course, that was only one reason; more importantly, Reggie Green was returning the favor.

At the previous shareholders’ meeting, Li Yi had shown him unwavering support, even entrusting him with full authority to exercise his shareholder rights on his behalf.

As a result, Reggie Green’s own 28% stake, combined with Li Yi’s 30.6%, exceeded the 51% required for a controlling interest, significantly increasing his influence within the company.

In return for this favor, Reggie Green used his influence to have the dividend distributed early.

This not only encouraged Li Yi to fulfill the contract and alleviate his concerns but also served as a gesture of goodwill toward him—a win-win situation. Why not do it?

Across the conference table, Davis and the others looked at Li Yi with mixed emotions. Some wore expressions of regret, others looked angry, and still others were simply curious.

From the head of the table, Reggie Green cleared his throat once everyone had arrived and said, “Ladies and gentlemen, we are gathered here at Mr. Li Yi’s request to witness the finalization of a monumental deal—the largest equity transfer transaction on Wall Street this year!”

“Given that both parties have already signed the equity transfer agreement, Mr. Li Yi now needs to pay all shareholders 672 million US dollars. Is Mr. Li Yi ready?”

“I’m ready. We can proceed at any time!” Li Yi said confidently.

Just then, Davis suddenly spoke up: “Wait a minute!”

“Davis, do you have something to say?” Reggie Green asked immediately.

“Li, we want to buy back the company’s shares. Name your price!” Davis said.

“I’m not selling!” Li Yi said firmly.

He knew exactly what Davis and the others were thinking—they’d seen the Green Brothers Company turn things around, and now they were regretting it!

To be honest, anyone in their shoes would feel like they’d been screwed over, so Li Yi actually felt quite sympathetic toward Davis and the others.

But it was nothing more than sympathy. This was like gambling—once you’ve placed your bet, you stick with it; there’s no backing out.

Besides, he wasn’t running a charity. There was no way he was going to give up shares worth over 260 billion US dollars in the future—he wasn’t crazy.

“We can compensate you with 300 million dollars!” Davis said again.

“Not for sale!”

“How about 500 million?”

“I won’t sell!”

Then Li Yi spoke again: “Mr. Davis, let me be honest with you. Compared to these shares, I personally have greater confidence in the future development of Green Brothers. I believe this small company will become a world-renowned investment firm in the future. So don’t even mention three or five hundred million dollars—even if you offered 3 billion dollars right now, I still wouldn’t sell these shares!”

Hearing Li Yi’s words, Davis’s expression darkened instantly, a flash of frustration and anger crossing his face, but mostly regret.

They were already aware that Green Brothers had made billions of dollars by shorting gold—and it wasn’t just them; everyone in the U.S. with an interest in investing knew about it now.

Although most people didn’t know exactly how much the Green Brothers had made, Davis was well aware of the figures.

As the company’s former second-largest shareholder, it was easy for him to find out even the slightest bit of non-confidential information about the company.

Ever since learning that the company had raked in over 6 billion dollars in a single stroke, Davis’s heart had felt as if it were being sliced by a knife, a searing, agonizing pain.

He had thought that selling his shares at the high price of $32 per share was a surefire way to make a profit, but he never expected to end up losing so much.

His mood soured even further when he learned that the Asian man had just received nearly 900 million dollars in dividends.

This meant that not only had the other party not spent a single penny on this deal, but while acquiring over 30% of the company’s shares, he had also made a tidy profit of over 200 million dollars.

This wasn’t just a case of getting something for nothing—it was like ransacking the entire den.

So on their way here, the shareholders had discussed whether they could buy back the shares by offering Li Yi some compensation.

After all, given Green Brothers’ stellar track record, more investors would inevitably be willing to entrust their funds to the company next year—a crucial factor for the growth and expansion of any investment firm.

More importantly, even if they compensated Li Yi with 500 million US dollars, it wouldn’t be a loss.

Barring any surprises, once Green Brothers and Banbanhaobang release their financial reports at the end of the year, the company’s stock price is bound to surge significantly.

It could easily double—or even multiply several times over—and that money would be recouped in no time.

In a nutshell, the future looks bright for the Green Brothers!

As it stands, their plans have completely fallen through; this Asian man has no intention of letting go of this lucrative opportunity.

In contrast to the gloom of Davis and the others, Reggie Green was in high spirits.

When he heard Davis propose compensating Li Yi with $500 million to reclaim the equity, his heart truly leapt into his throat.

After all, the proposal was quite tempting. Not only would Li Yi receive $500 million in compensation, but he’d also save $672 million in transaction costs.

Add to that the nearly $900 million in dividends he’d already received, and he’d effectively raked in nearly $1.4 billion in one fell swoop—who wouldn’t be tempted by that?

So he was genuinely worried that Li Yi wouldn’t be able to resist the temptation of Davis’s “sugar-coated bullets” and would agree to transfer the equity back. If that happened, he’d have to get into another drawn-out battle with this wild bull of a guy.

Fortunately, Li Yi didn’t let him down; he firmly rejected Davis’s enticement, which gave Reggie Green a huge sigh of relief.

To avoid any last-minute complications, Reggie Green immediately urged both parties to expedite the final procedures and settle the payment as soon as possible to avoid any trouble.

Seeing this, Davis and his crew realized the matter was now a done deal, with no room for reversal.

Under the watchful eye of the lawyer, they had no choice but to reluctantly take the money and slink out of the company!

As soon as they left, Reggie Green warmly embraced Li Yi, declaring him the best partner he could ask for.

However, just as they were celebrating Li Yi’s successful completion of the deal and his official ascension to major shareholder, the futures market took a sudden turn for the worse, and international gold prices plummeted once again…

………