"Flannery's behavior is so crazy that I really fear that not only the 131-year-old GE will be destroyed in his hands, but also Apple, which is about to go through half a century, will not be spared."

After the meeting, Tim Cook turned around and spoke to Apple's board of directors, and there was concern between the lines, which was chilling just to think about.

These guys really do anything.

"Mr. Cook, this is the end of the matter, so what are you going to do?" A core member of the board of directors asked rhetorically, "Remove John?" Or do you want to get it out there? Well? ”

“……”

Cook, who has been Apple's CEO for more than a decade, was speechless when he said that the matter had so far been unstoppable, and John Flannery's courage to admit it at the meeting showed that he had expected all this.

Is there a better way?

John out?

Cook's heart couldn't help but think about shady means, but he found that even this could not be done, because all vested interests knew the truth.

If John Flannery is assassinated, everyone will be at risk, and mutual suspicion will inevitably lead to even more terrible consequences, and then Apple and General Electric will become victims, and even affect the entire elite group in North America.

At least for now, those in the know are the beneficiaries of this huge bond of interest, and Cook believes that when the major shareholders and the capital consortium learn of this shocking news, they will definitely make corresponding preparations as soon as the meeting is over...... Prepare for the worst, in order to achieve some kind of balance of terror and thus balance each other.

No one is stupid, and obviously, no one dares to easily break that terrible balance.

Seeing that Cook did not speak, the shareholder continued: "Then let me tell you Mr. Cook, that John will not only continue to be at the helm of GE, but also sit on the board of directors. ”

Cook was noncommittal.

Another big capitalist who attended the meeting said with a harmless smile: "Everyone, everything has to think on the good side, the annexation of CAISO, General Electric will complete the integration of power energy in the western United States, and the establishment of a subsidiary GE Energy after the restructuring of the structure, we will master more than 70% of the power energy in North America, plus General Electric's main business of large machinery, then in the next negotiations with the Chinese people, we will have a more active right to speak, John's behavior is in line with the interests of all shareholders, but the means are a little too radical." ”

A little? Is this called a little excessive?

The power outage in the western region has affected the normal lives of 70 or 80 million people, the transportation in the western states has been paralyzed, more than 76 deaths have been confirmed, and more than 20,000 people have been directly or indirectly traumatized to varying degrees......

Cook saw that he was kind and kind, but he felt chills inexplicably, the most terrible thing was that he had already boarded this boat, if he had two hearts, he would never doubt that he would not evaporate from the world unconsciously.

There is no turning back, but to bite the bullet all the way to the dark, sighing in his heart, Cook muttered:

"The 14th U.S.-China Business Leaders Roundtable will be held in San Francisco on June 27, and the merger and acquisition of CAISO will be completed as soon as possible before the conference.

"Rest assured, Mr. Cook, all shareholders will use their respective resources to help the acquisition of CAISO as soon as possible."

……

In early June, CAISO CEO Patrick Cohen took a special plane to Boston, on the east coast of the United States, stopping in New York and stopping on Wall Street, where he received an invitation to dinner from John Flannery, then head of GE.

The power outage in the western United States has led to an unprecedented crisis for CAISO, which is now slipping into insolvency, and the collapse of the former energy supergiant Enron lingers in his mind.

How similar CAISO is now.

The current CAISO is simply a hot potato, no one dares to accept this sky-swallowing hole, but Patrick is still trying to find a savior to turn the tide, no matter what capital or anyone, in order not to break the capital chain, gritting his teeth to undertake loss-making transactions have to continue, but also to keep himself from going to prison.

Huaxia people are very willing to accept it, such as the State Grid SGCC, isn't it a matter of thousands of billions of dollars, this hole is filled, but it is obviously impossible, Lao Mei will let Huaxia Capital grasp the energy lifeline of North America unless the head case is kicked by a donkey, this situation is even theoretically impossible to hold.

Now that the head of GE has suddenly extended an olive branch, CAISO, which is like a trapped beast at the moment, can't manage so much, Patrick knows that this dinner invitation is more about deal negotiations, and now GE has more than 100 billion US dollars in cash reserves, plus financing from the stock market, at least no less than 150 billion US dollars in cash flow.

Connecting with GE is equivalent to indirectly connecting with supergiants such as Apple and Berkshire Hathaway.

Other capital has the ability to swallow CAISO, but what about after eating it?

Eating such a debt, if you can't spit out real money, a fool will do it.

Only GE can save CAISO, and Patrick can't refuse this dinner and deal.

……

At the same time, the M&A teams at all of GE's industrial companies received a message that headquarters wanted the biggest acquisition target.

On June 3, the two leaders chatted late into the night in Boston, and after dinner, John Flannery was considering other acquisition targets to pave the way for globalization to integrate oil and gas equipment and power plants in Wartsila, further activating and reactivating a "lion project" that had been in the works for more than a decade.

Shortly after that dinner with Patrick, just a week later, GE's team of M&A experts began calculating the value of the CAISO acquisition.

GE-Power, a power generation equipment conglomerate under General Electric, has restructured its entire energy generation company, and the new GE Energy has been reborn.

The CAISO crisis didn't go away in a vacuum, it just made the stock price cheaper, but in John's view, the deal was fully in line with his vision of reshaping the GE Group.

The remodeled GE can be described as replacing the "old money printing machine" GE Finance, which no longer makes sense, with the "new money printing machine" GE Energy, which should bring stable profits every quarter.

On June 12, GE held a shareholder meeting in Chicago, and CAISO executives flew over to meet with GE shareholders and stayed at a hotel near the venue.

To the disappointment of some of those involved, GE's bid rose slightly from $57.2 per share, which GE Power Generation's M&A team thought was too high, to $61 per share, which was a bargain.

But after learning that Patrick and Flannery had met alone, the M&A team realized that the big picture was settled, and that the two heads were already talking about everything.

Hours after the shareholders' meeting, news of the acquisition of CAISO spread, and the $72.8 billion acquisition would be a milestone in John Flannery's strategic plan to restore GE's former integration and leave his legacy.

The swallowing of CAISO is a phased victory for John Flannery, officially laying the foundation for GE's integration of North American power and energy, and other blocks of GE Group, including the field of home appliances and machinery, are not idle, and some blocks are still paving, but the overall strategic direction has been determined, the pattern has been decided, and GE has become a general trend in North America.

The ambitious John Flannery has taken care of the "housework", and the next negotiations with the Chinese are the key to whether GE is dead and spring.

All of this led to the 14th Annual Roundtable of Chinese and American Business Leaders in San Francisco on June 27.

……