Rebirth of the Strongest Tycoon

Chapter 1426: The FBI takes action

As the only company established in the 20th century among the four major grain merchants, the reason why ADM can grow so fast is inseparable from Duane Andres.

In the 67 years between 1902 and 1969, ADM developed rapidly, but they all followed business logic and could only be considered good, not excellent.

Until 1970, ADM's total assets had just reached 450 million US dollars.

In 1970, it was a watershed.

This year, Duane Andres entered the ADM company strongly through a series of means, and then the ADM company entered the fast lane of development.

Because Duane Andres is deeply rooted in the principle of "combining government and business to develop a company", in 1948, at the age of 30, he generously invested in Hubert Humphrey, who was shy at the time. support him for a Senate run.

With his strong support, Hubert Humphrey rose higher and higher in the political arena, and even served as the 38th Vice President of the United States from 1965 to 1969.

After Duane Andres joined ADM in 1970, he immediately found Hubert Humphrey, who continued to serve as Senator after failing to run for president, and asked him for help.

And Hubert Humphrey is also worthy of being a good brother of Duane Andres. He used his power to force the government to formulate relevant laws to support the development of the sugar industry in the Senate Agriculture Committee.

Duane Andres, on the other hand, has had great success investing in high-sugar corn products.

Once again, the combination of power and capital has been successful.

Duane Andres began to lead the development of ADM in great strides, using power to boost the company's development again and again.

Fifteen years later.

ADM's total assets reached $4.579 billion, ten times what it was fifteen years ago!

Of course, ADM's achievements could have been higher, but it is a pity that the "political heartthrob" Hubert Humphrey died unexpectedly in 1978, making Duane Andres lose the biggest help.

Even if he kept saving and re-establishing relationships, it was not as good as when Hubert Humphrey was there.

After all, in the final analysis, Hubert Humphrey was supported by him when he was down, and the relationship shaped by giving help in the snow, where is the icing on the cake?

not to mention,

Not everyone can reach the heights of Hubert Humphrey. If you want to invest in the right person, you need not only excellent vision, but also a huge bonus of luck.

So since the death of Hubert Humphrey in 1978, ADM's growth rate has slowed down a bit.

But the development momentum is still the most ferocious group of companies.

This has to do with the style of conduct he has shaped over the decades.

He is a real capitalist, and for the sake of profit, he can trample the law again and again without sacrificing his means.

In the capitalist United States, the government serves capital. As long as there is enough capital, the law can be rubbed on the ground again and again. Countless lawyers, lured by green dollars, will do their best to drill the law. Thousands of warehouses and hundreds of holes!

In the United States, only the stronger capitalists can suppress the capitalists!

...

After getting Xia Yu's order.

Peter Lynch immediately convened a think tank to develop a lore plan.

And after the lore plan was completed, he planned to give Duane Andres the last chance to turn back!

ADM corporate headquarters.

Once again, the acquisition team came to Duane Andres' office.

The head of the acquisition team, Stanford Rex, went straight to the point: "Mr. Andres, you should understand our intention, and transfer all the 67.9% equity held by your family to us for US$1.36 billion. !"

After all, Stanford Rex put the prepared acquisition agreement in front of Duane Andres.

But Duane Andres turned cold, didn't even look at it, pushed the acquisition agreement away, and said firmly: "Manager Rex, I said, I won't sell ADM, we will not sell it. Nothing to talk about!"

After he finished speaking, Duane Andres kept rolling in his heart, and he knew that Stanford Rex was threatening him.

ADM's total assets are $4.579 billion, of which total liabilities are $2.574 billion, and net assets are $2.005 billion.

Last year, ADM's turnover was also $3.823 billion, with a net profit of $134 million.

The price that Stanford Rex opened, the valuation of ADM, is exactly the amount of its net assets!

ADM is a non-listed company, and the company's financial report is also very confidential and has not been released to the public, but Stanford Rex is obviously very clear.

Stamford Rex didn't change his face, gave him a deep look, and said again: "Mr. Andres, our premium is 20%, 1.63 billion US dollars, this is our final offer. ."

"I hope you will think about it."

"Don't think about it, I won't sell it even if you double the premium!" Duane Andres snorted coldly and refused without hesitation.

"Dong dong!"

Stamford Rex tapped his fingers on the table and said in a more serious tone: "Mr. Andres, you have been in business for more than 40 years, you should be very clear that the assets that you can hold in your hands are your assets. ."

"Now it's us who have come to the door and want to make friends with you."

"With this money, you can go to other industries, and we are willing to help you. This is a bright road for you."

Speaking of this, Stamford Rex paused for a while, and after seeing Duane Andres' eyes flickering, he smiled and said, "You should understand more that some things, you can't stop them, they will happen. It will definitely happen.”

Duane Andres' pupils shrank suddenly, his eyes fixed on Stanford Rex, who looked at him calmly.

Anger rose in Duane Andres' chest, and his complexion kept changing. Finally, he thought of the 67.9% equity held by the family, and he was not afraid of being taken away by others.

"President Rex, I won't sell ADM, and no one can take it away!"

Stanford Rex laughed, stood up unhurriedly, adjusted the entire suit, signaled his subordinate to put down a business card, and then turned around and left after leaving a few words.

"Sixteen years ago, the ADM company belonged to the Dennis family, and they had definitely said that they would never sell it."

After watching Stanford Rex leave with a cold face, Duane Andres finally couldn't help it, and smashed the pen holder on the table to the ground with anger.

"boom!"

"Damn, even threatening me!"

"Your Polaris consortium is very powerful, but it's not that it's stronger than you. It's pressing me. The big deal is that I will sell the company to other consortia!"

After scolding a few words, the anger in Duane Andres' heart subsided.

But having said that, the pressure in his heart has not decreased by a single point.

After all, the Polaris consortium has a great reputation. It participated in the dismemberment of the Chicago consortium, and joined the Mellon consortium to defeat the Cleveland consortium.

Compared with the Polaris consortium, their Andres family is a small child.

The threat of Stanford Rex, he must take seriously.

After contemplating in the office for nearly an hour, Duane Andres immediately called and asked his son Darnell Andres to drop his work and come to his office as soon as possible.

His son Darnell Andres, who is 45 years old this year, is his right-hand man and the best member of the family, and the status of the heir has long been unshakable.

In the ADM company, he has also worked for 16 years, and has been the vice president since he entered the company in 1970.

ADM company said that it grew in his hands, it is better to say that it is the credit of their father and son.

Soon, Darnell Andres hurried back.

It's just that Duane Andres didn't count it, and the attack of the Polaris consortium did not fall on ADM, but on his son Darnell Andres.

Just the next day, the FBI under the US Department of Justice entered the ADM company and arrested 32 employees headed by Darnell Andres!

Reason for arrest - malicious manipulation of food prices!

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