Chapter 382: Vertical and Horizontal (I)
Therefore, it is inevitable that Zhongfu International will sell some of its assets, and in order to avoid being exploited by the Morgan consortium, Zhongfu International naturally preferentially chooses the 36% equity of Zhongfu shares other than the transfer entity. However, considering the "traditional friendship" between the Red Party and Zhongfu International and Ford, Mao Zemin specially greeted him in advance. Ford was keenly aware that the sale of these shares was not as simple as it seemed, and Mao Zemin, who knew that this person was powerful, had to tell him part of the inside story, and as a result, Ezel, who was more familiar with the U.S. economic map. Ford soon came up with a new and more tempting plan, not only could Ford get involved and get a piece of the pie, but also the pro-red Chinese and overseas Chinese shareholders of Zhongfu International and Zhongfu Co., Ltd. would also be able to obtain greater profits
After Mao Zemin agreed, the major shareholders who held more than ninety percent of Zhongfu's shares quickly unified their positions and proposed an overall sale plan to the Morgan consortium that took into account the interests of all parties. It is said that even with the strong strength of the Morgan consortium, it is difficult to come up with a huge amount of money enough to buy Zhongfu shares as a whole in a difficult situation, but the 42% stake held by Ford does not need to be paid in cash, and Ford hopes that the Morgan consortium can sell its General Motors and some other companies to itself, and devise an impeccable plan to avoid the obstruction of those "anti-monopoly" bills, anyway, the Morgan consortium has always been very good at this kind of thing
In addition, some other shareholders of Zhongfu shares are also willing to take over some enterprises under the Morgan consortium and carry out in-depth cooperation with them, only Chen Jiageng and other Chinese tycoons who firmly support the Red Party also ask for cash because they know the purpose of Mao Zemin's stock sale and hope that they can also lend a hand, as for the minority shareholders, most of them choose to continue to hold the shares, and the Morgan consortium does not care about the shares in their hands.
As a result, the Morgan consortium would only need to come up with $1.5 billion in cash. This is not too much pressure on them, and losing some companies that have been losing money in the past few years, including General Motors, in exchange for most of the shares of Zhongfu shares, which have extremely optimistic profit expectations, are all earned. In any case, the main body of the Morgan consortium has always been financial capital, and its companies are just commodities that can be bought and sold at will
But at this time, the Rockefeller consortium, which was worried about losing its oil hegemony, finally couldn't hold its breath, although it did not have the financial resources of its own. But the New Deal Alliance has! And after taking control of the Federal Reserve, the last thing the New Deal coalition lacked was cash, but because the Rockefeller consortium had a large number of oil exploration professionals. There are many experienced experts among them, which is very different from the Morgan consortium, which is relatively layman (so Mao Zemin's intrigue deceived the Morgan consortium rather than the Rockefeller consortium, and in any case, it is always much easier to fool the layman than the insider). Therefore, even after learning that "there are still huge unproven reserves in the Minas oil field" through the commercial spies lurking inside the Morgan consortium, there are still some doubts about this, so they do not want to swallow Zhongfu shares like the Morgan consortium. They only need to maintain a controlling position, and they can't afford to give Ford the conditions they want, so they only plan to buy shares in cash from shareholders such as Zhongfu International to ensure that the holdings exceed the amount that the Morgan consortium can buy. But this must break up the offensive and defensive alliance between the major shareholders of Zhongfu shares, for this reason. The New Deal coalition led by the Rockefeller consortium spent an extra $500 million, but considering that this could also damage the relationship between Zhongfu International and Ford by the way, they thought it was still worth it, but they didn't expect that it was Mao Zemin and Ezel. Ford joined hands to lay down a bureau
After the completion of the largest chain merger in U.S. history, all parties involved reaped significant benefits, at least on the surface: Zhongfu International and its staunch allies received much-needed large amounts of dollar cash; Ford's merger with General Motors and other companies further strengthened its position as the leader of the automobile industry, and as a result, it greatly increased its competitiveness, and by 1940 the total number of cars produced exceeded more than half of the total production of Shijie, and on the premise that the "one-stop operation" route was gradually completed: the Rockefeller consortium retained its position as the leader of the Shijie oil industry, and its New Deal allies were even more glad that the momentum of the Morgan consortium's revival was interrupted by them again; Although the Morgan consortium failed to eat all the shares of Zhongfu as desired, and even the controlling stake was taken away by the New Deal Alliance, but after all, the New Deal Alliance has more than one consortium, and as a single shareholder, the number of shares held by the Morgan Consortium is far more than any of the New Deal Alliance, which makes the Morgan Consortium still have a great say in the new board of directors of Zhongfu Shares, and the acquisition alone boosts the confidence of its bank deposit users, which has made the Morgan Consortium quite satisfied; And as another center of the New Deal coalition is the Democratic administration of the United States and President Franklin Franklin. Roosevelt, is probably the happiest party, due to the chain reaction caused by the merger, the U.S. economy soon began to fully recover (see later), which made the Roosevelt administration's prestige among the American people jump to a high point again, you must know that the next U.S. election is not far away, and Roosevelt wants to become the first president in American history to be elected for three consecutive terms, the difficulty itself is very great, and because of the economic crisis in 1937, The aura of Roosevelt Jr., who once enjoyed the support of the American people, has faded greatly, and the unexpected full economic recovery is simply a timely rain for him
Aware of the many inconveniences of listed companies, Mao Zemin once wanted to buy Citibank, which is currently on the verge of collapse, from the Morgan consortium during the negotiations, and use this platform to raise funds more conveniently, but because the US law is very strict on the banking industry, even city banks do not allow foreign capital to enter the ownership, and the result is not successful
Note 1: Although Rockefeller Jr. and others are also very good, they still rely on the foundation left by their fathers after all, and although the old Ford is great, if it were not for this outstanding son, Ford would have gone bankrupt many times a long time ago. Ford is on the same level as the old Ford, the old Rockefeller, the old Morgan, and the old Carnegie in terms of ability. Hammer (To be continued.) )
PS: Finally getting rich, wow ^_^