Chapter 435 - Acquisition of Amex Company (Medium)

After attending George Morgan's family dinner, the negotiations between Standard Chartered-Sumitomo Mitsui Banking Corporation and Morgan Stanley have accelerated again. Pen Fun Pavilion wWw. biquge。 The Morgan family, which received the promise of Jamie Dimon or SS Financial Holdings, was completely relieved and gave the green light to the Amex acquisition.

Soon, Standard Chartered-Sumitomo Mitsui Banking Corporation reached a preliminary takeover offer with Morgan Stanley for the shares of Amex - a premium of 5% to swallow all the shares of Amex. Moreover, with the completion of the "peace" with Morgan Stanley, the next acquisition of Standard Chartered-Mitsui Sumitomo Bank will be smoother. There is no way, even a "financial hegemon" like Morgan has been allowed to go "quite face-saving", how can the remaining small fish and shrimp still have the courage to resist?

Therefore, after Morgan Stanley, "financial giants" such as Chase Manhattan, Goldman Sachs, Vanguard Fund, and Berkshire Hathaway have successively reached a tender offer for the acquisition of Amex shares with Standard Chartered-Mitsui Sumitomo Bank.

So far, Standard Chartered-Sumitomo Mitsui Banking Corporation and X Fund, both of which are subsidiaries of SS Financial Holdings, hold a total of 62% of the shares of Yuntong, and have fully controlled this financial services company with a history of more than 100 years.

However, with the bad nature of Su Chenyu's goods, simply holding cannot satisfy this guy's "Shekou" who can "swallow elephants". What's more, Su Chenyu will never allow the slightest mistake in the financial industry, which is the cornerstone of the new "empire" of the entire SS consortium - so privatization or "high concentration" of holdings has become the only option.

Therefore, it is imperative to sweep the stock in the secondary market, and Fund X should let ordinary investors obediently hand over the shares of Yuntong in their hands. Therefore, in order to facilitate the sweep of funds in the secondary market, all the acquisition negotiations with these "financial giants" are secretly carried out from the world - in fact, they are just hiding from all the people.

As one of the 30 constituent stocks of the Dow Jones Industrial Average, Amex is absolutely important in the U.S. stock market, and every move is involved in the rise and fall of the U.S. stock index. Therefore, Fund X's sweep of Yuntong stocks in the secondary market did not go too far, but carried out quite modestly.

In fact, at this time, whether it is the directors, supervisors and senior executives of Yuntong Company, or large institutional investors, they all know that the acquisition of Standard Chartered and Sumitomo Mitsui Bank of Yuntong is basically a success. It's just that now it's Fund X "hunting" ordinary investors in the secondary market.

It closed down 0.34%, down 1.23%, and closed in the red 0.13%, down 0.86%...... The share price of Amex has steadily fallen in the midst of this disgusting and dead man's gloom, getting lower and lower day by day. Compared with the kind of sharp fall that cuts into the flesh and hurts the heart, this kind of "blunt knife cutting meat" is much gentler and will not cause a strong backlash from stockholders. The most important thing is that this kind of painful trend makes shareholders not go or stay, and in the end they can only hesitate because the market value of the stocks in their hands has shrunk too seriously, and they have to cut their positions and leave the market.

You have to say that Fund X is really powerful, not only can "charge ahead", but also "hide a knife in a smile", it has been hanging the stock price of Yuntong for nearly 4 months.

Moreover, the board of directors and executives of the company seem to be currying favor with the new owner, and in cooperation with its harvest of retail investors, the quarterly report and the semi-annual report all give a loss performance. In this way, the shareholders are really disgusting as if they have eaten flies and dogs, and the performance is not good, and the secondary market speculation is not good, so they want to ask you "what is the matter", this Nima is a dead stock.

From March to July, for nearly 4 months, the share price of Yuntong fell more and rose less in a silent way, and fell by 30% unilaterally. Moreover, there still seems to be no glimmer of hope in the future, only a distant decline and a unilateral downside.

Hope is the biggest "good" in the stock market, if there is no hope in the future, then no matter how determined the shareholders will only choose one way - to leave the market.

In 4 months, no matter how determined the investor was, all his enthusiasm and hope were worn out by this "blunt knife", so the number of shares held by Yuntong actually plummeted by 8% in just four months, and there were still 20% of the diehards left.

The general trend has been set, and Fund X and its vest funds have basically swept away the stocks in the secondary market, and the little that is left behind should be regarded as a reward for the "appraiser".

Now, it's time to put on a show of real technology......

Without any warning, the stock price of Yuntong was like a chicken blood, and suddenly it rushed up like a rocket, and the purchase order was frantically piled up like no money. As a result, some retail investors who were locked in the early stage saw that the stock price had risen a little, and the small investors who were afraid of falling again handed over their chips.

It's often so dramatic, when you think it's the end of it, when you're afraid of another nightmare – that's when Lady Luck befalls you.

No one expected that the stock price of Yuntong would really become a "rocket" and fly towards the sky - buy, buy, or buy. Dollars frantically poured into the shares of Amex as if they didn't want money, 10%, 20%, 25%, 30%, ...... In just a few days, the stock price of Yuntong has risen and doubled.

For a while, those retail investors who handed over their chips in advance really wanted to die, you know, the taste of stepping into the void is more torturous than the taste of being trapped.

When the stock price of Amex doubled, it was embarrassing to slow down the pace of rise, but soon an announcement completely detonated the entire Wall Street and the US stock market - everyone knows why Amex has become a "demon stock".

"Fund X announced that it has increased its stake in Yuntong by 6% in the secondary market. ”

Tianchen Fund announced that it would increase its stake in Yuntong by 5.2%. ”

……

One by one, the small vest funds under SS Financial Holdings have announced that they have increased their holdings in Yuntong Company, and for a time Yuntong seems to have become the hottest stock in the entire US stocks, and everyone wants to grab 1 hand and 2 hands of stocks after its resumption of trading.

Do you think that's the end of it? Hehe, no, no, no.

On July 5, the day before Su Chenyu's college entrance examination, Jamie Dimon officially informed the big boss - Standard Chartered Sumitomo Mitsui Bank that it had officially signed an acquisition agreement with Morgan Stanley, Chase Manhattan, Goldman Sachs and other financial giants.

In other words, now Standard Chartered-Sumitomo Mitsui Banking Corporation has managed to get enough of Amex and is just waiting to get the news out......