Rebirth of the Strongest Tycoon

"Damn Wells Fargo!"

"Damn the North Star Consortium!"

Douglas Mather and Reginald Hanna and other four got together again, and the relatively grumpy Reginald Hanna scolded angrily.

Although the other people didn't speak, it could be seen from their ugly faces that they were in a very bad mood at this time.

The expected scenes of the Mellon consortium resisting or counterattacking forcefully did not appear.

Instead, the Mellon consortium sold their coveted company quite casually.

But it was the North Star Consortium in the west who took over!

They tried their best and even took the risk of being specially targeted by the Mellon consortium to initiate an acquisition, but they made wedding dresses for the Polaris consortium.

How could Douglas Mather and others not be annoyed?

The Polaris consortium slapped each of them directly.

"We've become clowns. Before I came, I got a phone call to mock me."

Sam Eaton said darkly.

He was responsible for the National Steel Corporation, which was also run by the Eaton family. 166

Thanks to his efforts, although the Mellon consortium has not been settled yet, he has bought 7.4% of the shares from other shareholders, increasing his shareholding in National Steel to 38.2%.

But now the Mellon consortium has sold a 34.7% stake to Wells Fargo.

With the volume of Wells Fargo, the third largest bank in the United States, a single bank can suspend the scale of the financial company of the entire Cleveland consortium.

Want to get your equity back from Wells Fargo?

Difficult!

Difficult to reach the sky!

Anyway, Sam Eaton is not very confident.

It would be nice if the aggressive Wells Fargo didn't turn the gun on them.

"It's even worse on my side!"

Kenneth Humphrey sighed with a look of helplessness on his face.

Amco Steel Company is the largest steel company. The Cleveland consortium only holds 34.1% of the total shares. Except for the Mellon consortium, which holds 33.5%, the other pole is the Rockefeller consortium.

The shareholders of the Rockefeller consortium together hold 27.3% of the shares.

None of the shareholders of the Rockefeller Consortium gave up, and it was clear that they had received instructions from the top and wanted to be nailed to the Armco Steel Company.

The 33.5% stake held by the Mellon consortium has also flown, and their acquisition plan can be directly declared a failure.

"Now let's discuss what to do."

"All the targets in the steel field have been robbed, and we don't know how much liquidity the Mellon consortium has."

"I can't grab the equity of Pittsburgh National Bank at all. The Mellon family is completely fighting for it at any cost."

"The Mellon family has an absolute advantage in the first place, and now with abundant funds, we have no chance of success."

Douglas Mather looked sad.

At his level, he has rarely experienced failure.

I have to say, the taste of failure... not good.

"Forget it, we've failed." Sam Eaton sighed and tore the scar directly, trying to make everyone accept the reality calmly.

"The Mellon consortium with abundant funds is now very aggressive. Their fronts have been shrunk, and their strength has gathered a lot. We can't resist."

"There is also the powerful Polaris consortium in the financial field to assist them. If we really want to continue, the danger is us."

"It's just that I'm very confused, what happened inside the Mellon family?"

"I thought that Richard King Mellon had fallen, and the Mellon family had no successor, but now it seems that there are still elites in the Mellon family who are not inferior to Richard King. Mellon!"

Kenneth Humphrey touched his beard subconsciously and guessed, "Could it be Paul Mellon?"

"In the Mellon family, he has the most assets, after Richard King Mellon fell ill,

He is also the oldest, and his right to speak must be the greatest. "

Douglas Mather shook his head: "It doesn't have to be him, although Paul Mellon is capable, he is not such a strong person, otherwise it would not be Richard King Mellon's turn to become the first of the Mellon family. The head of three generations."

"Now the Mellon family is very decisive in doing things, and many assets don't want it if they don't want it. It's not like Paul Mellon's style at all."

"Obviously, the Mellon family wants to firmly control the four major financial cores, and even the Gulf Oil Company took the initiative to sell it. Even if Richard Kim Mellon is there, he may not make this decision."

"Okay, let's stop discussing the Mellon family."

"All the targets we want, except Goodyear Tire \u0026 Rubber Company, are in the hands of the Polaris consortium."

"Let's face these issues head on first."

"My opinion is that you can't give up easily!"

As soon as these words came out, the other three instantly looked solemn.

After a while, Kenneth Humphrey questioned: "Douglas, you mean to fight the North Star consortium?"

Douglas Mather said without hesitation: "That's right!"

"The Polaris consortium took our prey so easily, we can't just let it go."

"Let's think about it, from the moment they took over, the Polaris consortium has become our most direct competitor."

"They have full control of Allegheny-Ludrum Industries and Wheeling-Pittsburgh Steel, and we have full control of the two steel companies."

"As for Armco Steel and National Steel, our strengths are not much different." 78中文网

"But there is still the question of who dominates the market. If we don't have the attitude, then the Polaris consortium will definitely take an inch and squeeze our voice and market."

"It's better to take advantage of their unsteady footing, fight them first, and let the Polaris consortium know how powerful we are."

"Even if you can't buy these companies in the end, it can make the Polaris consortium not dare to act arbitrarily in the future."

Reginald Hanna said without hesitation: "I agree with Douglas. We really can't just let it go. We have to show our attitude."

"Otherwise our Cleveland consortium will always be the laughing stock of others."

"The new North Star Consortium is still under us. If we don't do anything, they will step on our head!"

Kenneth Humphrey and Sam Eaton looked at each other and nodded in agreement.

"Then what should we do?"

Sam Eaton took the initiative to ask Douglas Mather.

"We can try to get Wells Fargo to spit out the company it swallows!"

Douglas Mather narrowed his eyes and smiled sneeringly.

The three suddenly regained their energy and looked at him with burning eyes.

Only to hear Douglas Mather say slowly: "Although we don't know how much Wells Fargo spent, we can estimate the approximate amount!"

"The two companies, Huiling-Pittsburgh Steel and Allegheny-Ludrum Industries, were worth more than $3 billion, according to our original estimates."

"National Steel is worth more than $3.5 billion."

"Amco Steel is worth nearly five billion dollars."

"Even if the Mellon consortium does not sell at a premium, if it wants to fully take over the equity held by the Mellon consortium, Wells Fargo needs to spend at least $8 billion!"

"At the same time, Wells Fargo also took over a large number of assets from the Mellon consortium. We conservatively estimate that these assets are also worth $3 billion."

"So we can estimate that Wells Fargo has at least $11 billion in funding!"

"This fund occupies one-tenth of Wells Fargo's bank assets!"

"Ten percent of the liquidity is a very high proportion. Anyway, under normal circumstances, the banks of our consortium will not maintain such a high proportion of liquidity."

"So can we guess that Wells Fargo's capital chain is now stretched?"

At the end, Douglas Mather had a grim expression on his face.

The other three all woke up.

If you think about it, it's really possible!

"Yes, Douglas's analysis is likely to be the truth."

"If we cause trouble for Wells Fargo, maybe Wells Fargo will have to spit out the assets it eats."

"Even... we might have our hands in Wells Fargo!"

Kenneth Humphrey stroked his beard, and the more he analyzed it, the bigger the smile on his face.

"If Wells Fargo goes wrong, the Polaris consortium will definitely be nervous."

"We don't know how the Rockefeller and Morgan consortia will react, but the California consortium will definitely not miss the opportunity to hit the Northstar consortium."

"After all, the Polaris consortium has risen in California and has seized too many interests of the California consortium..."

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