Chapter 665: A Sideways Kick

General Motors Company, Board of Directors. Pen % fun % Pavilion www.biquge.info

The faces of everyone present were more serious, and the chairman, Mr. Caspar Berkeley, was silent for a moment, and then said: "Due to the financial crisis and the development difficulties it is facing, General Motors was originally planning to merge with Chrysler Motor Company, and we have had in-depth discussions with Thurberry, the owner of Chrysler, on this matter, and have reached a verbal agreement. However, at the beginning of July, the merger had to be declared a collapse due to the cash liquidity problems faced by General Motors!"

Caspar Berkeley sighed slightly and continued: "The global financial crisis has led to an extreme decline in sales and a loss every quarter. At present, the capital chain of General Motors is almost broken, the situation is very dangerous, and all major banks and investment institutions refuse to lend us money.

Everyone nodded helplessly, and it seems that there is no other way except this method.

It's just that the financial crisis in this life is much more serious than in the previous life, and the U.S. government has spent a lot of money reserves, but the rescue operation still fails. Although the U.S. government still has some money, it must be used in all walks of life, and the part of the money that can be distributed to General Motors must be pitiful. At the moment, the global financial crisis is still going on, and it is getting worse, and General Motors may not be able to survive to the end!

Bang bang bang!

At this moment, there was a knock at the door. Then, a capable white-collar female secretary walked in.

She walked straight to Caspar Berkeley's side, then leaned down and whispered in his ear: "Mr. Caspar Berkeley, Tesla has just called and said that it wants to buy General Motors! Tesla is willing to buy General Motors at a price of $12 per share, a total of $20 billion!"

Caspar Berkeley's face changed, and he couldn't help but furrow deeply.

Tesla has not been established for two years, and it wants to annex General Motors? Caspar Berkeley was a little unwilling. At this moment, everyone in the conference room was watching him, and when they saw his expression suddenly change, they felt curious and nervous.

Caspar Berkeley's eyes stared at everyone, and he said in a deep voice: "Not long after Tesla was established, it has a big appetite, and it wants to 'snake swallow the elephant' and acquire General Motors for $20 billion!!"

When Caspar Berkeley finished speaking, the conference room was in an uproar.

Immediately, someone scolded: "This is obviously taking advantage of the fire to rob, we can't agree!"

"Yes, before the global financial crisis, GM had a market capitalization of nearly $50 billion, and we couldn't accept a $20 billion offer, which is simply an insult to GM and seriously detrimental to the interests of our shareholders!!," said a man in his thirties angrily.

"General Motors is on the verge of running a corner, and now that we have a lifesaver, we should seize it in time! We can try to approach Tesla and get them to raise the price. Preferably, the two companies merge. An old man in a suit with gray temples said slowly, his voice full of anger, and his body looked quite tough. He smiled: "Tesla has an unlimited future, if we can use this opportunity to buy Tesla's shares, for us, it will be profitable!"

As soon as the old man finished speaking, everyone nodded.

"Mr. Carl Jonah is right......"

"Just do as Mr. Carl Jonah says!"

After the meeting, General Motors immediately replied to Tesla, and the next day, the two sides began negotiations.

General Motors wants to raise the purchase price, and the two companies merge!

Henry, of course, was reluctant and insisted on spending money to buy General Motors. General Motors belongs to traditional car companies, and even a little bit of the day, being beaten by RB and German car companies, while Tesla is a sunrise enterprise that is booming and has unlimited potential!

As a result, the negotiations between the two sides reached an impasse.

It didn't take long for another major car company in the United States to "burp".

This company was none other than Chrysler Motor Company, with which General Motors had originally intended to merge. Chrysler Motor Company, as one of the three major automobile companies in the United States, is also very strong. However, in the midst of the financial crisis, its subsidiary, Chrysler Financial Investments, was very "cheating" and invested in subprime mortgage bonds, causing heavy losses. And the U.S. government's loans are a drop in the bucket, and they are simply not enough. At this time, the stock market was in a bloody storm, and a large number of shorts made the US government anxious, and it had to come up with the vast majority of funds to save the market! Otherwise, more companies would go bankrupt and go bankrupt!

Chrysler Motors has long known that General Motors is negotiating with Tesla......

Chrysler Automotive Board of Directors.

"According to what we've heard, General Motors is asking Tesla to raise the purchase price to $30 billion, and it is also asking Tesla to pay $20 billion in cash and $10 billion worth of Tesla shares," the first person said. In response to this situation, Chrysler Motors can lower its requirements and strive for a partnership with Tesla!"

As a result, Chrysler Motor Company inserted a cylinder into it, proposing better conditions than General Motors.

When Henry heard the news, he couldn't help laughing, without thinking about it, Henry could also know how irritable those people in General Motors would be at this moment!

"Chrysler Motor Company is too deceitful!!"

There was a "bang", and I saw General Motors Chairman Caspar Berkeley in his office furious and slammed his desk.

"We were planning to merge with Chrysler Motors, but we were kicked out because we had cash liquidity problems. It's disgusting to steal the content of our negotiations with Tesla and take the opportunity to intervene in it!!" Caspar Berkeley was angry for a while, but quickly calmed down, knowing very well that business competition is cruel, and Chrysler Motor Company is justified in doing so. Immediately, Caspar Berkeley instructed the female secretary to immediately notify the directors of the company and convene a board meeting!

He said: "Tesla is looking for us at General Motors first, and Chrysler must not be allowed to get ahead of the !!"

"Yes!" the female secretary replied and hurriedly walked out.

(To be continued.) )