Chapter 1168 Shakes America

……

Just when Guo Kai was thinking about it, the news media in the United States were blown up because of the change in Unocal Corporation's shareholding! Almost all the media that had a newsgathering center in Dallas were rejoicing, and they dispatched film crews and reporters as soon as they received the news.

And the media outlets that didn't set up a press center in Dallas were scolding their mothers while trying their best to rush this way.

For a moment, it was as if the whole of America was boiling over the news of Unocal's change of ownership. Of course, after making phone calls, texting in person, or in what they thought was faster and more accurate, the news of Unocal's change of ownership was confirmed by Unocal and even the Securities and Futures Commission was true and valid, and the storm in the economic and energy circles was still spreading rapidly around the world.

"Damn, why hasn't the news of Unocal been acquired until now, is it possible that the press in the whole of America has forgotten to work because of the damn Christmas?" a bearded white man with a heavy video camera, almost vomiting blood, and finally daring to arrive before the press conference couldn't help but complain.

"Alright, John, everyone isn't all the same! Who would have thought that this Pacific Petroleum Industries Company from Hong Kong would actually be able to annex Unocal, and so quickly?"

The black buddy who had set up the camera next to him was obviously familiar with the bearded white man, so there was a hint of ridicule in his words. Of course, it's more unbelievable.

And the views of the two of them are probably also the common doubts of nearly 200 media people in the conference room at this moment.

Even many senior economic reporters are more confused than the two of them carrying cameras.

"Why is the acquisition of Unocal such a huge transaction involving tens of billions of dollars, and the acquirer is from China, from the East? Not subject to the Federal Trade Commission. And the other departments of the U.S. government? Even the congressmen who have to single out their own acquisitions are extraordinarily honest this time. It's just so abnormal!"

Almost all veteran journalists have such thoughts in their heads.

As the two-hour period passed, Morros, former director and president of Unocal Corporation, Kyle Sasse, CEO of Unocal Corporation, and Guo Kai, CEO of Pacific Petroleum Industries, and Bentley Rowe, spokesman of Pacific Petroleum Industries, attended the press conference.

When they sat on the podium, the flashes of the cameras around them were already flashing like snowflakes in the cold winter moon. The continuous appearance seems to be able to dazzle people's eyes.

Bentley Rowe is a second-generation Chinese. Originally, he was the spokesman of Unocal Corporation, and after Unocal was wholly acquired by Pacific Petroleum Industries, he was one of the few remaining senior management of Unocal Company.

"Welcome to Pacific Petroleum Industries' press conference...... Now, I would like to introduce to you three representatives of the companies who participated in this press conference, namely Mr. Moros Jordan, former director and president of Unocal, Mr. Kyle Sass, former CEO of Unocal, and Mr. Kai Chen, CEO of Pacific Petroleum Industries.

But as soon as the applause began, it quickly fell.

Rather than being these people, they are journalists who want to get the inside scoop on this bizarre acquisition.

"Excuse me, Mr. Chen. What made you decide to buy Unocal?"

"May I ask Mr. Jordan, what was the final purchase price of Unocal Corporation?"

"Excuse me, Mr. Saas. What led Unocal to make the decision to trade the company?......

There were so many questions that all popped up at once.

Almost instantly, the press conference hall, which originally looked a little orderly, turned into an ordinary community vegetable market in an instant.

"Quiet, everyone, please be quiet, keep order, and ask questions one by one!"

Under Bentley Rowe's loud appeal, calm finally returned to the originally chaotic press conference hall, but looking at the anxious looks on the faces of the reporters below, it was obvious that if they could not solve their inner doubts this time, the chaos just now would reappear.

"Since this interview is only 30 minutes long, we will randomly select 8 journalists from among you to answer questions. ”

After the words fell, Bentley Rowe's eyes quickly searched the group of reporters in the audience, and then stretched out his hand and pointed, "The gentleman in the black suit next to him!"

The first lucky person who was pointed out by Bentley Chen couldn't wait to stand up with the microphone at this moment, "I'm a reporter from the Dallas Metropolis Daily, and I would like to ask Mr. Kai Chen, what is the specific transaction amount of Pacific Petroleum's acquisition of Unocal this time? Is it a debt acquisition or an all-cash transaction?"

Originally, he wanted to talk about equity exchange, but considering the market value of both parties, it is impossible to acquire Unocal Company, which is more than 20 times higher than the market value of the Pacific Ocean, by way of equity exchange.

Chen Kai lifted the microphone and said calmly: "Regarding the specific funds of this transaction, it belongs to the company's trade secrets, and I can't answer." But what I can tell you is that this acquisition of Unocal is not a debt acquisition, but a real wholly-owned acquisition!"

"Alright, now the lady in the red shirt on the left, you can ask questions!" Bentley Rowe said hurriedly.

"I'm Alice, a reporter for The New York Times, and I would like to ask Mr. Moros, what prompted you to sell Unocal?"

"The reason for selling Unocal is simple, because Unocal has 9,719 employees who need to work and need to support their families! And because of our mistakes, Unocal invested too much in oil exploration and extraction to sustain the company, and had to declare bankruptcy, and after the collapse we did not receive financial support from the government, in order to avoid the final dissolution of a century-old oil company, our board of directors made the decision to sell it to Pacific Oil Industries!" said Morros Jordan slowly.

From his expression, you can vaguely see a trace of unwillingness!

Of course, this is not because of the collapse of Unocal Corporation, but because it did not get satisfactory profits from Unocal acquisition.

At the beginning, in order to get out of the quagmire of Unocal as soon as possible, when the investment department of JPMorgan Chase came to the door to buy it, he sold all 12.9% of the shares of Unocal in his hands at the market price.

If he had known that it was not JPMorgan Chase, but Pacific Petroleum Industries, which had bought Unocal this time, he would not have sold the same shares for only $1.3 billion, but at least $1.6 billion, or even higher.

However, it is too late to say this now, even if he is unwilling, he will not dare to complain to JPMorgan Chase when the Unocal deal is a foregone conclusion.

"Lady in a white jacket on the right back!"

The third young woman, who was given the right to be interviewed, stood up and threw out the question she had prepared for a long time, "I'm Aveline, a reporter for the Washington Post, and I would like to ask Mr. Chen, what kind of development strategy does Pacific Petroleum Industries plan to adopt after the acquisition of Unocal Company?"

"As you know, the collapse of Unocal was largely due to the high investment in oil exploration and the lack of returns, which led to a sharp decline in profits. So, after the end of this merger, we will devote a year to the integration of Unocal's business, during which we will suspend oil exploration and development. However, we will not be making large-scale layoffs as a result. ”

"The headquarters of Pacific Petroleum Industries Co., Ltd. is in Hong Kong, does that mean that after the acquisition of Unocal, the company's development direction will also be tilted to the east?"

"I can't answer this right now, because the company's development strategy is based on the international economic situation, and if the economic development rate of the East is higher than that of the West, and there are better opportunities, of course we do not rule out developing to the East. However, the U.S. market is the most important market for Unocal and Pacific Oil Industries in the future, and we will not leave the U.S. just because the company is headquartered in Hong Kong!"

"After the merger between Pacific Industries and Unocal is over, will it be listed, will it be listed in Hong Kong or in the United States?"

"The decision on the listing of a company is made by the board of directors of the company, and I can't answer you yet. ”……

After finally glancing at Guo Kai, who was talking eloquently in front of many reporters, Eric turned off the TV with a 'snap'.

"Did Liu Dong call you over there?"

"In addition to thanking us for helping him buy Unocal, this guy also urged us to quickly fulfill the terms of the contract and help him buy South Korea's Daewoo Group. ”

After nodding, Eric said calmly: "Then let Parker go to him, finish the contract as soon as possible, and we can get the map earlier!"

"I understand, father, but ......!"

"But what?"

"Father, I already remember that half of the map, even for the sake of the credibility of the Rockefeller family, it is enough for us to help him in the Unocal acquisition. Why help him in South Korea?" Steven Rockefeller asked.

Hearing this, Eric Rockefeller did not answer his son's question immediately, but got up from the sofa in the living room, walked to the window, and looked at the huge and exquisite Rockefeller Manor in the wind and snow, and the Appalachian Mountains lying like a giant between heaven and earth in the distance, with a wisp of thought on his face.

Although he didn't know what his father was thinking, Steven, who walked behind his father silently, was not in a hurry to speak. (To be continued.) )