Silicon Valley

Chapter six hundred and sixty fifth

General Motors Corporation, Board of Directors.

The faces of all the people present were more serious. Mr. Casper Berkeley, chairman of the board, was silent for a while, and said: "Due to the financial crisis and the development difficulties we are facing, General Motors planned to merge with Chrysler Motors, and we have already merged with Chrysler. Cerberus, the owner of Chrysler, conducted in-depth discussions on this matter and reached a verbal agreement. However, in early July, due to the cash flow problems faced by General Motors, the merger had to be announced as a failure!"

Caspar Berkeley sighed slightly, and continued: "The global financial crisis has caused an extreme decline in sales, and it is losing money every quarter. At present, the capital chain of General Motors is almost broken, and the situation is very dangerous. Major banks and investment institutions are unwilling to lend us money, so we can only turn to the U.S. government for help!"

Everyone nodded helplessly. It seems that there is no other way except this way.

It's just that the financial crisis in this life is much more serious than the previous life. The US government has already spent a large amount of funds reserves, but the rescue operation still failed. Although the U.S. government still has some money, the money must be used in various industries, and the part that can be allocated to General Motors must be pitifully small. Right now, the global financial crisis is still going on, and it is becoming more and more serious. General Motors may not be able to survive to the end!

bang bang bang!

At this time, there was a knock on the door. Then, a capable white-collar female secretary walked in.

She went straight to Casper Berkeley, then leaned down, and whispered in his ear: "Mr. Casper Berkeley, Tesla just called and said it would buy General Motors! Tesla is willing to pay At a price of $12 per share, a total of $20 billion will be fully acquired by General Motors!"

Caspar Berkeley's complexion changed, and he couldn't help frowning deeply.

Tesla has not been established for two years, but wants to annex General Motors? ! Caspar Berkeley was a little bit unwilling. At this moment, everyone in the conference room was watching him. When they saw his expression suddenly change, they felt curious and nervous.

Caspar Berkeley stared at the crowd, and said in a deep voice: "Tesla has not been established for long, and its appetite is quite big. It wants to 'snake the elephant' and acquire General Motors for 20 billion U.S. dollars!!"

After Caspar Berkeley finished speaking, the meeting room was in an uproar.

Immediately, someone scolded: "This is obviously taking advantage of the fire, we cannot agree!"

"That's right, before the global financial crisis, General Motors was valued at nearly $50 billion. We cannot accept a $20 billion purchase price. This is an insult to GM and a serious detriment to our shareholders!!! "A man in his thirties said angrily.

"General Motors is almost at the end of the road. Now that we have a life-saving grass, we should seize it in time! We can try to contact Tesla and ask them to increase the purchase price. Preferably, the two The company was merged." An old man in a suit with gray temples said calmly, his voice was full of air, and his body looked quite tough. He said with a smile: "Tesla has a bright future. If we can get a stake in Tesla through this opportunity, it will be a profit for us!"

As soon as the old man finished speaking, everyone nodded.

"Mr. Carl Jonah is right..."

"Just do what Mr. Carl Jonas says!"

After the meeting, GM immediately responded to Tesla, and the two sides started negotiations the next day.

General Motors wants to increase the acquisition price, and the two companies merge!

Of course Henry was unwilling and insisted on spending money to buy General Motors. General Motors is a traditional car company, and it even has a little bit of decline. It is hanged by RB and German Automobile Company, while Tesla, a rising enterprise, is booming and has unlimited potential!

Ever since, the negotiations between the two sides entered a deadlock.

It didn't take long for another major car company in the United States to "burp".

This company was none other than Chrysler Motors, with which General Motors had originally planned to merge. Chrysler Motor Corporation, as one of the three largest automobile companies in the United States, is also very strong. However, during this financial crisis, its subsidiary Chrysler Financial Investment Corporation was "deceitful" and invested in subprime mortgage bonds, which resulted in heavy losses. And the US government's loans are a drop in the bucket, not enough at all. At this time, the stock market was full of blood and blood, and a large number of short positions made the US government overwhelmed, and had to spend most of the funds to rescue the market! Otherwise, more companies will go bankrupt!

Chrysler Motors has known for a long time that General Motors is negotiating with Tesla.

Chrysler Motors Board of Directors.

The first person said: "According to the information we have inquired, General Motors asked Tesla to increase the merger price to 30 billion U.S. dollars, and also asked Tesla to pay 20 billion U.S. dollars in cash and 10 billion U.S. dollars worth of special funds." Tesla shares. In view of this situation, Chrysler Motors can lower its requirements and try to reach a partnership with Tesla!”

As a result, Chrysler Motors inserted a cylinder from it and offered better conditions than General Motors.

When Henry heard the news, he couldn't help laughing. He didn't need to think about it, Henry could also know how violent those people in General Motors would be at this moment!

"Chrysler Motors is a scam!!!"

There was a "bang", and General Motors Chairman Casper Berkeley was furious in his office and slapped his desk hard.

"Before, we planned to merge with Chrysler Motors, but we were kicked out because of our company's cash flow problems. Now it's really stealing the content of our negotiations with Tesla and taking the opportunity to intervene. It’s abominable!!!” Caspar Berkeley was angry for a while, but soon calmed down, knowing that business competition is cruel, and it is understandable for Chrysler to do so. Immediately, Caspar Berkeley ordered the female secretary to immediately notify the directors of the company to hold a board meeting!

He said: "Tesla is looking for us General Motors first, and we must not let Chrysler Motors get ahead!!!"

"Yes!" The female secretary responded and hurried out.

(to be continued ~^~)

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