Chapter Forty-Eight: A Blockbuster Deal
That night, the lamp in old Huntelaar's study was on until late at night. Pen % fun % Pavilion www.biquge.info
As for John's insistence on investing in Carnegie Steel, the elder Huntelaar was of course very satisfied. A patent for the production of stainless steel, coupled with a small amount of cash investment, in more than ten years, the Huntelaar family actually controlled nearly 10% of the shares, and if it was really as John expected, Carnegie Steel was sold to JP Morgan, it would be tens of millions of dollars in the account!
Dozens of times the appreciation, it is definitely a good deal!
"What's more, we got a lot of cash!"
Taking a deep breath, John concluded: "Now is the time when we need cash, I have a lot of ideas that need financial support, and it is too slow to rely on the annual dividends of those companies, and this money came at the right time!" ”
"Oh? What are your thoughts? ”
After hearing John's words, old Huntelaar's eyes suddenly lit up.
"Uh......"
Looking at the old man's expectant look, John suddenly smiled bitterly: "Grandpa, it's all some technical things, if you want to explain it, you have to take a lot of words, are you sure you want to listen to it now?" ”
Old Huntelaar was slightly stunned, then looked at the sky outside the window, and suddenly smiled: "Okay, then that's all for today, you can go back and rest quickly...... By the way, John, if I'm usually fine, I should focus more on my family, and if I work hard, I must meet the fourth generation of the Huntelaar family before I die, right? ”
"Huh?"
Looking at the serious expression of old Huntelaar, John was speechless for a moment......
……
"Squeak."
When I gently pushed open the bedroom door, there was still a low sound.
It wasn't loud, but it was enough to wake up the man in bed. Anna? Huntelaar propped up his upper body with his arms and whispered in a daze, "John? ”
"It's me."
Hurriedly responding, John walked to the edge of the bed and sat down and asked with concern, "I'm sorry, I woke you up, let's go to sleep immediately...... Well? You just cried? ”
Seeing the obvious tear stains on his wife's cheeks, John's heart suddenly burst!
"Well, I just remembered my mom and dad."
Biting her lip, Anna didn't deliberately hide her emotions. Just now, I was lying alone in bed waiting for John to come back, and suddenly remembered my parents who I hadn't seen for several years, and Anna's thoughts in my heart were like a flood that opened the floodgates, and she couldn't stop it anymore, sobbing for a while, and fell asleep unconsciously.
Looking at his wife's gloomy expression, an apology rose in John's heart.
The last time he went to Europe with Anna was many years ago, and he was busy building schools, buying banks, and then speculating on these wars, and never thought of returning to Europe. After all, the industry over there has been dealt with, whether it is General Motors in Germany or pharmaceutical companies in Britain, France and Germany, John only has 30% of the shares left, and he is just waiting for dividends every year; The H&B company that cooperates with my father-in-law doesn't have to worry about it myself, so ......
"Over the years, I seem to have ignored Anna's feelings."
Secretly criticizing himself in his heart, John did not hesitate to stretch out his right hand, gently wiped the tears on his wife's face, and then smiled softly: "Anna, since we are homesick, we will go to Europe next year, okay?" ”
"This ...... May I? ”
Anna, who was brightly eyed, did not agree immediately, but asked cautiously: "I know that you have been planning several major events recently, and you are always busy until late at night, can you really find time to go back to Europe next year?" ”
"Don't worry, no problem!"
Smiling, John reached out and took his wife in his arms.
Of course, he understood what Anna meant, after all, there were no planes that could cross the Atlantic these days, and if he wanted to go to Europe, he had to take a ship. Although thanks to advances in navigation, cruise ships can now reach Hamburg from New York in as fast as 10 days, but don't forget that the overland transport is not so convenient, so if you want to get from New York to Berlin, it will take about a month just to get from New York! If you add in the time you spent in Berlin, it would take at least three months!
Can the current Huntelaar consortium keep John away for so long?
The bigger the industry, the more inseparable it is from its own masters, and this is especially true in this era. Old Huntelaar is now old and semi-retired, and he is intent on putting more things on John's head. So now John spends most of the week busy with various companies, and the number and time of hospital trips are compressed to the extreme, let alone travel to Europe.
And......
If you think about it, John does have a lot of important things to deal with.
1901 was an important year, and it was not long before the Carnegie Steel deal was about to take place, and by September, the years-long preparations for the opening of Huntelaar University would begin, and the enrollment plan for 600 students was well underway; And of course more importantly, if everything goes according to the course of history, in September when William? McKinley will be assassinated, and Roosevelt, the vice president who took office because of his balance, will take over the presidency for a seven-year term......
Dedicating at least three months to Europe was indeed a luxury for John.
But......
Holding his wife's warm and delicate body, John smiled and said, "What could be more important than you going back to visit your parents?" Don't worry, I'll arrange everything before I leave and I'll be with you to Europe next summer! ”
"Hmm."
Nodding happily, Anna's hands tightened as she hugged John......
……
On July 9, 1901, a piece of news shocked the North American continent!
The representative of the monopoly era of the United States of America, the second of the famous Big Three, Andrew? Carnegie and JP Morgan have reached a deal whereby the world-famous Carnegie Steel Company will be sold from Carnegie to JP Morgan for a "staggering" price. The latter advertised that it would merge Carnegie Steel with its own controlled steel company to form American Steel!
The earth-shattering news shocked the whole United States!
Politics, business, and the press are in a mess, and even ordinary Americans know what that means. In particular, the final price of this transaction made everyone curious, because they all knew that it would be an astronomical amount, but almost no one knew exactly how much......
Not including John, of course.
$550 million!
This is the number that Carnegie told John, a number that is much larger than history!
Originally, Carnegie would have someone send Morgan a piece of paper with $480 million written on it, but because of John's reminder, history changed a little, and Carnegie directly offered $550 million! As many people in later generations judged, even if Carnegie's offer was $100 million higher, Morgan would not hesitate to agree.
And just like that, a shocking deal was made.
John knew that the billion-dollar giant American Steel Corporation in history was about to be born. And he also knew that because of those memories in his mind, he once again stood at the pinnacle of the times, and gained astronomical wealth from this transaction...... (To be continued.) )