Rebirth of the Strongest Tycoon

Chapter 1392 Who cares, whoever loses!

There are five financial companies in the Cleveland Consortium's sphere of influence.

They are Cleveland Trust Company, Cleveland (US) National City Bank, Kekai International Group, American Financial Insurance Company and Fifth Third Bank Corporation.

Two commercial banks, a trust bank, an investment banking financial company and an insurance company.

It's just that among these five financial companies, only Cleveland Trust Company and Cleveland National City Bank owned it a long time ago. Both started in Cleveland, and now their branches have spread all over Ohio and some surrounding large states, which are considered regional large. Bank too.

The three companies, Kekai International Group, American Financial Insurance Company and Fifth Third Banking Company, were all drawn by the Cleveland consortium in order to enhance their strength.

These three financial companies are all headquartered in Ohio, not in Cleveland but in the capital city of Cincinnati.

At the level of the entire consortium, although the shareholding situation of these three financial companies is complicated, it has not reached the level of relative holding.

The four major families, the Mather family, the Hannah family, the Humphrey family and the Eaton family, together have a lower shareholding ratio in these three financial companies.

It's not that the four major families don't want to immediately develop these companies into the core companies of the consortium, but they want to take a step-by-step approach to achieve their goals.

Avoiding fierce resistance from other shareholders is one reason, and wanting to save costs is another.

...

"Douglas, I recommend shrinking the entire line immediately to defend against Wells Fargo's attack!"

"I agree, I didn't expect Wells Fargo to solve the crisis so easily and retaliate against us decisively!"

"..."

Less than twenty minutes after Wells Fargo's press conference, the four, Douglas Mather and Reginald Hanna, were together again.

This time, their faces were worse than before, and they were in a terrible mood.

Anyway, I just wanted to attack the Mellon consortium before, and the target was all robbed, at least there was no loss on my side.

But now, the fire of war is directly on itself, and Wells Fargo is still directly attacking the Cleveland consortium's money bag.

This really means that all the money bags will be caught or infiltrated, and their four major families' right to speak to the consortium will definitely plummet.

When the shareholders of other companies see the wind, it will be over!

"It can only be this way!"

"I just thought about it carefully. The funds of our four companies are all used to increase the equity of several major financial companies, but it is expected that even if the equity can be acquired, the purchase price will be very high."

"In addition to our few private contributions, I suggest that companies such as the Cleveland Trust Company, Cleveland National City Bank, etc. use funds to buy equity from each other. As long as we maintain the current control of these companies, all companies can be stabilized at the same time."

Douglas Mather spoke his thoughts with a heavy face.

The other people looked at each other, but they didn't make the first time, so they calmed down and thought about it.

After a while, Kenneth Humphrey suddenly made a tricky guess for everyone: "Arman Simmons said at the press conference that he was going to launch acquisitions of companies such as Cleveland Trust Company and Cleveland National City Bank. So apart from these two, what other companies does he plan to acquire?"

"Is it an acquisition of all five financial companies we control?"

"Or a combination of virtual and real, and only intend to launch an acquisition of one or a few of them?"

"Or, is it that the family does not plan to acquire, but just wants to profit from malicious sniping?"

This series of questions made the other three feel irritated.

It's just that the answers to these questions, if you really want to know, you can only ask Arman Simmons.

"We don't have a choice, unless we can care!"

"Or I think, Wells Fargo has actually made several plans, maybe whichever company we relax, they will buy it,

If all five of our companies are guaranteed, then they will profit and leave..."

Sam Eaton shrugged helplessly and said with a sigh.

"If I were Arman Simmons, I would do the same."

"Regardless of the outcome, we all lost..." 166

Douglas Mather accepted Sam Eaton's analysis, he laughed self-deprecatingly, and a trace of regret suddenly rose in his heart, and this ray of negativity was expanding rapidly.

Wells Fargo Bank of the Polaris Consortium is really a lion. If I knew it earlier, I would not mess with it. It was better to be led by the nose if I was angry before.

"Forget it, let's protect our five companies."

"Whoever cares loses, so we lost in the beginning."

"If our control over these banks and financial companies can reach the level of North Star Capital's control over Wells Fargo, we don't have to worry about the enemy attacking us in this regard, hehe~"

Kenneth Humphrey looked at Douglas Mather and said these words to make him feel better.

After all, it was Douglas Mather who suggested going to Wells Fargo before.

"That's it, let's discuss how to act as quickly as possible..."

...

The Polaris consortium can thoroughly implement Xia Yu's will, and the execution power is naturally extremely high.

In fact, after Xia Yu called Peter Lynch last night.

Peter Lynch rallied his staff overnight to study the deployment.

When Yarman Simmons held a press conference in the morning, the Polaris consortium had already started.

Not only the five financial companies controlled by the Cleveland Consortium, but other companies have also become the targets of the Polaris Consortium.

This time, Xia Yu's purpose was simple.

The Cleveland consortium must be beaten.

The Polaris Consortium ranks tenth in the United States in strength, and its position is somewhat behind!

It is temporarily impossible to dismantle the Cleveland consortium like the Chicago consortium.

But as long as the Cleveland consortium is in full swing, other consortiums will never miss the opportunity to go downhill.

The strength of the Cleveland Consortium is already weaker than that of the Mellon Consortium. The Mellon Consortium with a family at its core can be besieged by others. What about the Cleveland Consortium, which has a worse core cohesion?

noon that day.

News has come out that Wells Fargo's acquisition team is already in contact with shareholders of the American Financial Insurance Group. 78 Chinese Network

Not to mention the stock market, where the stock prices of all five companies are rising, and trading volumes continue to rise.

Just when the eyes of all the bigwigs were attracted by these five companies.

The Polaris consortium, however, has launched an attack on other less-controlled companies in the Cleveland consortium.

The target of the insurance company is the National Mutual Insurance Company.

This financial company, founded in Columbus, Ohio, in 1925, did not belong to the Cleveland Consortium at first, and is now just the hunting target of the Cleveland Consortium.

With the support of the consortium, the insurance company of the Polaris consortium has become the fifth largest auto insurance group in the United States.

The National Mutual Insurance Company is currently the eighth largest auto insurance service provider in the United States and the ninth largest home insurance service provider in the United States.

Nationwide Mutual Insurance Company, based in Ohio, also used the resources of the Cleveland consortium when expanding its business nationwide. Therefore, in exchange for benefits, the Cleveland consortium successfully penetrated into the company.

Some companies in the Cleveland consortium currently hold a combined 20.4% stake in National Mutual Insurance Company.

Relying on this shareholding ratio, although the Cleveland consortium has a great influence in this company, it still loses to the power of other shareholders united.

This gives the insurance company the opportunity to do it!

at the same time.

Xia Yu's New York branch of Jiuding Securities Co., also on the New York Stock Exchange, began acquiring shares in Cleveland Natural Resources.

When Xia Yu was looking for trouble with the Cleveland consortium, the Mellon family's defensive actions encountered serious obstacles.

It's not the small roles that put the pressure on Leonard Mellon, it's the Rockefeller consortium.

So much so that Leonard Mellon had to ask Xia Yu for help.

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