Chapter 1075: 367. Super transaction completed_3

Junior Rockefeller heard Paul Warburg speak, and he leaned back on the sofa, a sign of relaxation after intense concentration.

This price is something Junior Rockefeller simply couldn’t come up with; the previous bids had already broken through their previously estimated bottom line.

“Alright, Mr. Warburg, you win, these lands are yours!”

When he said this, Junior Rockefeller felt relieved, no longer needing to worry about this matter.

As the victor, Paul Warburg showed no smile; although he quoted the price, he was the one who felt the pinch!

At this moment, Cafe Jackson also breathed a sigh of relief, but he was smiling; a 50% markup, already exceeding his expectations.

Originally, a markup of 30% was considered a great victory!

“Mr. Warburg, I must say you made a great decision. In the future, if I vacation in Miami, I hope Mr. Warburg won’t hold grudges. You know, what we’re doing now is all for business!”

Paul Warburg no longer wanted to engage in such conversation with Cafe Jackson: “Jackson, hurry up and arrange for the lawyers to draft the documents. I’m worried I’ll regret this decision the next second!”

Cafe Jackson replied: “No problem, I’ll have them prepare it now!”

Then, Cafe Jackson turned to Junior Rockefeller: “Mr. Rockefeller, let’s draft the documents for our transaction as well!”

Junior Rockefeller nodded.

These two transaction documents naturally involved countless clauses, but fortunately, there was no issue with the crucial price agreed upon by both parties.

Cafe Jackson didn’t want any complications, so the clauses in the documents posed no problem.

Nonetheless, preparing these documents took until the next day.

Cafe Jackson first represented Venus Bank in signing the land transaction documents with Junior Rockefeller.

This document involved an amount of 230 million US Dollars, including the land that Junior Rockefeller previously desired but New Woburg Company didn’t, a land worth only 70 million US Dollars!

In other words, Junior Rockefeller took 160 million US Dollars worth of land from what was originally valued at 800 million US Dollars by New Woburg Company.

After signing the document, Cafe Jackson shook hands with Junior Rockefeller: “Mr. Rockefeller, first of all, let’s wish our cooperation to be pleasant!”

Junior Rockefeller looked at Cafe Jackson angrily, gritting his teeth: “Mr. Jackson, my invitation remains valid!”

Cafe Jackson smiled: “Venus Bank has already prepared a dedicated account, so Mr. Rockefeller, please wait a moment. Once the money from Chase Bank arrives in Venus Bank’s account, our contract officially takes effect!”

This is not the modern age; 230 million US Dollars today aren’t like 230 million US Dollars in the future. For such large transactions between banks, it’s sure to take some time.

It’s precisely because this exchange occurred between Venus Bank and Chase Bank, two top banks in the nation, that the transaction could be completed today, whereas for others, there might be a period of delay!

Junior Rockefeller sat on the sofa with a cold expression, feeling no joy over the successful negotiation.

Following this, Cafe Jackson signed their own contract with Paul Warburg. Previously, New Woburg Company proposed to purchase land valued at 800 million US Dollars held by Venus Bank, after foregoing 160 million US Dollars’ worth of land, they secured land Rockefeller didn’t want, valued at 110 million US Dollars. Meaning, land with a 50% markup is originally worth 530 million US Dollars, which with the 50% markup becomes 795 million US Dollars.

Therefore, the value of the contract between Venus Bank and New Woburg Company is a total of 905 million US Dollars!

This exceeds their original preparation of 800 million US Dollars by 105 million US Dollars, even though the quantity of land decreased!

Thus, Paul Warburg’s expression looked even grimmer than Junior Rockefeller’s.

At this moment, Paul Warburg decided that after this matter concluded, he must immediately initiate a plan to boost the land prices in Florida.

Even though this would increase the value of the remaining land at Venus Bank, Paul Warburg could no longer care about that now.

Though Paul Warburg also founded New Woburg Bank in Florida, it clearly didn’t have the capacity to complete such a vast transaction involving 905 million US Dollars.

Hence, the banks in charge of this transaction were Morgan Bank and Hanover Bank!

Cafe Jackson reminded Paul Warburg just as he had reminded Junior Rockefeller.

Paul Warburg picked up the phone and informed the bank to begin the transfer!

Cafe Jackson sat on his sofa with a smile; prior calculations showed Venus Bank held lands in Florida valued at 1.15 billion US Dollars.

Now Venus Bank still possesses land worth 280 million US Dollars, yet merely from these two transactions, Venus Bank has already obtained 1.135 billion US Dollars in cash!

To him, that meant over-completing this task, and he believed Morgan and Mellon wouldn’t have any objections now!

No, they would heavily regret why they only invested 35 million US Dollars initially.

After these two transactions closed, Cafe Jackson immediately began handling the remaining lands. With Paul Warburg’s plan to enhance Florida land prices, when all these lands sold, 280 million US Dollars could increase to 330 million US Dollars, but that’s a story for another time!

Nonetheless, from this transaction, Venus Bank sold off all its Florida lands, totaling 1.465 billion US Dollars!

After removing Morgan and Mellon’s shares, Venus Bank received 952.25 million US Dollars!

Of course, this figure did not account for taxes to be paid…