Chapter 118: There are bullets in the gambling gun

Abigail is the heir to the Fidelity Fund, the leader of the Boston consortium. In memory, the Boston consortium was involved in the merger and acquisition battle of the century.

So Hall Chicken Thief wanted to bluff in her name, but it turned out to be wishful thinking. Dealing with bigwigs like Warren Buffett and Paul Mellon all day long, made him subconsciously ignore the gap between people.

He thinks that he is honest enough to say: Yes, I just want to maliciously speculate on the stock price.

But for some reason, Abigail was still hesitant or couldn't really tell what he really meant. So I had to leave Boston with disappointment and return to London to start the alternative plan.

As for talking to Abigail's father about cooperation, that would make things too complicated and out of control.

Just look at Warren Buffett, this old man personally went out to interview him, which to some extent shows how much the Johnson + Salomon Brothers camp attaches to this merger of the century.

As an old man of the same rank, Edward Johnson will obviously not easily let him lead the cooperation if he is interested in this merger.

But in any case, Hall's trip to Boston was not for nothing, at least it was a wake-up call for the Boston consortium: Come on, there's a big deal here, Wall Street is a pot of porridge, don't you want to mix it up?

Whether they wanted it before or not, they definitely want to it now.

KKR has desperate reasons, Johnson can't give up, plus the deep-pocketed Boston consortium...... The-stirring plan is well underway......

…………

On Friday, July 26, Reynolds-Nabiske announced a major event, and the stock was suspended. For the time being, the recent rumors on Wall Street have come to an end, and the M&A process has officially begun.

Atlanta time, 1 p.m., Reynolds-Nabiske corporate headquarters, M&A competitive bidding conference room.

KKR dictator Kravis personally led the team to attend; Johnson sat on the other end of the street with a host of senior executives, staring across the huge long table in an ereated and intense atmosphere, nervously awaiting the announcement of the final bid results by the special board committee, the shareholder representatives.

In an office at the end of the hallway outside the conference room, several members of the Special Board Committee sat or stood quietly, including an elderly man sitting at his desk with a phone in his hand and a frown.

“…… To put it another way, you don't have to say how much they are bidding, just tell me who is more optimistic. There was an elegant English aristocratic tone on the other end of the line.

"No, we can't break the rules."

"Of course, I never break the rules. Aren't you preparing to announce the results of your bids? I'm the bidder and I should know what the shareholders think. Mr. Martin, I have a lot of respect for you, and your attitude is relevant to whether or not I participate in the auction. ”

The old man, known as Martin, exchanged glances with several other people: "It's not about attitude, you have to at least show sincerity." Shareholders, management, and KKR are unlikely to accept any one person jumping out to participate in the bidding. ”

"My team is downstairs from your company's headquarters, ready to enter the conference room to participate in the battle, but it will take me a little time to raise funds, and Bucklai is willing to vouch for me." Hall didn't hesitate to respond.

"Going to war?" Martin chuckled, "Do you think this is a battle?" Unfortunately, my task is to be accountable to shareholders. ”

Hall, who was far away in London, yawned and nodded repeatedly while dealing with the breakfast in front of him: "Yes, yes." You're going to have to sell Reynolds-Nabisque for a good price that satisfies the shareholders, and as it happens, I'm one of the shareholders, albeit a minor. ”

“…… Let your men come in and go to war, if you're willing to bear their wrath. Martin was silent for a moment, and the two sides agreed.

After hanging up, Hall hastily ate breakfast, sleepy eyes and rushed out to the airport for a flight to New York.

Atlanta, Boston, London, and New York are far apart and have time differences. He has really fought for a small life in order to stir up these days. Now that the trading has entered the intraday stage, we have to endure it a little more.

…………

"KKR bid $94 and management bid $100."

In the room, Martin opened two envelopes to show the offer, and without waiting for a reaction, continued: "But after a vote by the special committee, we decided to bring in a new bidder. Therefore, this round of bidding is void. ”

With that, he turned around and left.

"Fake, we've been fooled!"

"New bidder? So what are we, acting, are we clowns? ”

"Shit, there's no such disgusting way of bidding in the whole world......"

There was a bang in the conference room, no one could still be decent at this time, especially Johnson, who was determined to win. He gritted his teeth and prepared for this moment for a month, but the final result was a fluttering sentence of "invalidation"!

Kravis couldn't help but smile as he watched Johnson, who was angrily chasing Martin away and wanted to ask for an explanation. This round he bid low, and it is good to have another round of bidding.

Let's try it soon, everyone. 】

"Hey, Martin, wait. We've got to talk...... Who are they? ”

Johnson asked at a slower pace as he hurried through the hallway, rubbing shoulders with a group of typical Wall Street people.

"The young man in the lead is Brandon Campbell, an assistant in the Hall family office; The elderly man to his left is Herbert Wachtel, a partner at the law firm WLPK; The old man on the right is the British Buckley Bank......"

"Mommy Fake! Sure enough, it was the little cub. ”

Johnson barely controlled his volume and cursed, interrupted his assistant, walked into the office and slammed the door hard.

"Martin, you can't do that. We all know that the little cub doesn't have that much appetite to eat Reynolds, and he's a-stirring stick to mess with Fack......" he exasperated with the black man, waving his arms to increase his persuasiveness.

Martin shook his head: "Take it easy, I understand your feelings. It is difficult to control the emotions of anyone who is disturbed when they are close to success. But Mr. Hall did show enough sincerity to send a professional team and financial giants from England to protect him...... No one can say that he is not qualified to participate in the bidding, which is what all shareholders mean. ”

“yep! Shareholders, if you want to make a lot of money, you can't treat us as a big wrongdoer. I was in a hurry, and everyone broke up in two, and no one had to play. It's a big deal to let Kravis get his wish, and see what virtue he will dismember Reynolds into when the time comes! Johnson threatened and tried to probe.

"The acquisition price is under $105, and he's going to really eat Reynolds, that's what Hall asked me to relay to you and Kravis. If you don't want to verify the truth of this statement, then go ahead and prepare for the next round of bidding. ”

Martin didn't eat this at all, calmly arranging his clothes, "Sorry, I have to go talk to his team, you feel free." ”

He has experienced too many huge mergers and acquisitions in the past few years, and he has seen all kinds of tricks, and the threat of management is too pediatric......

Now this merger has entered the stage of competing courage and poor information: all parties know that Hall is a-stirring stick and a bluff.

However, this guy is like a gun against everyone's back, urging the bidders to run forward desperately.

Bidders not only have to run faster than the people around them, but also bet on whether there are bullets in the gun.

Does Johnson dare to bet?

Martin thinks that this waste CEO who can only be a shit-stirring stick will not dare, he will burst out to his full potential and run desperately.