Chapter One Thousand and Seven
The news of the merger between Wells Fargo and JPMorgan spread widely, but no one was able to contact the top management of the two companies.
They're either absent, they're on a business trip, they're in a meeting, they're sick, they're missing, no one knows where...
Never mind the reason, in short, no one can contact them.
In the Wells Fargo conference room, the disappearing executives are discussing the details of the contract, and they all hope that the negotiations can be concluded as soon as possible.
The sooner the better, because the stock of Wells Fargo rose too fast, which made JP. Morgan depreciate in disguise, and also made their bargaining chips less and less.
On the other hand, the Fuguo negotiating team led by Juliana also hopes that this cooperation will end as soon as possible.
Because what they want is JP. Morgan, not a little realistic petty profit.
Shares, the sticking point between the two parties is still in the decimal stage, and the 14-hour negotiation has not made any progress.
Both sides were anxious about it, but when they came to the negotiating table, all the rhetoric and faces changed.
Wells Fargo has grasped the popularity of public opinion and the size of Lee's Bank Holdings, covering coverage, comprehensiveness, a large depositor group and good reputation, and constantly suppressing the other party's price.
Naturally, Morgan also used its long-term success, complex and professional services, long-term business experience and high-end customer reserves as capital to refute.
It's just that while people's attention is on Wall Street, some big things are happening that no one is paying attention to.
Hearst Group headquarters, led by Harry Chandler himself, and Mahathir as a lawyer, attended the interim board of directors.
"Tell me, Harry, what exactly does he want?" Seeing Harry appearing, Little William looked at him sternly and said, "Does he want to destroy Hearst?"
"No, on the contrary, he wants a better Hearst." As Li Zitao's plenipotentiary representative and the second largest shareholder of Los Angeles News Corporation, Harry knew very well what they wanted and what their purpose was.
Simply put, there is only one purpose; to make more money.
Just the ultimate goal.
Before that, he needs to settle some small troubles first, so that Little William agrees that Hearst will be fully merged into the Los Angeles News Corporation and become its subsidiary.
This was what they had planned long ago, on the first day Li Zitao became a shareholder of Hearst.
However, the conditions were not yet ripe at that time, and now is the right opportunity.
Since Li Zitao became a shareholder of Hearst, Serena Williams has been very cooperative, and only sticks to the bottom line when it comes to critical issues.
It's good, it's been a great fit for him.
But for Li Zitao, it is not enough for the Los Angeles News Corporation, what they need is complete control of the Hearst Corporation.
No matter at any time or under any circumstances, there is no reason to 'refute'.
Li Zitao's shareholding is a disgrace to the Hearst family, especially after William Sr. was kicked out of the board of directors.
But this was only the beginning of the nightmare. Following Ben's actions, his second son John, fourth son Randolph and fifth son David all gave up their shares.
reason...
Naturally, it is not that they think it is fun, so they just throw away or give away the shares.
More or less reluctance is in it, to put it bluntly; I was forced to sell my shares helplessly.
Li Zitao didn't do anything, but sent each family a finger-thick file bag, which was filled with information about themselves.
For example, John is gay and messing around with the district pastor.
Randolph pocketed an estimated $50,000 during his tenure as head of corporate communications.
The money was used by him to buy an apartment for his mistress, in Brooklyn.
Compared with his two older brothers, David performed better, earning $210,000 from the company for seven consecutive years.
If the think tank hadn't found someone to thoroughly check the accounts and bribed his cronies, maybe they wouldn't have found anything.
This kid is a genius.
He didn't actually embezzle the company's finances,
Instead, they cooperated with the transportation company that delivered the newspaper, and used the Hearst Group as a cover to allow the car to safely deliver marijuana.
With his identity and the security of the newspaper delivery truck, this kid can earn tens of thousands of dollars a year without using anything.
Since the government listed marijuana as a first-class prohibited substance in order to combat illegal immigration and environmental pollution, its price has gradually soared.
Therefore, no matter who gets the sales and finds a specific buyer, it will definitely make a lot of money.
People who buy it are not necessarily for self-healing, but also for pharmacies, family doctors and hospitals.
You must know that buying through them is much cheaper than regular channels, and pharmacies, doctors and hospitals can also earn more.
However, he was unfortunately caught by the think tank.
After obtaining the shares of the three, Li Zitao holds 41% of Hearst Group's shares.
Then buy 11.5% from the stock market, which is 52.5%.
"William, what's your opinion on the new resolution?" Harry showed the new share contract and asked again after getting confirmation.
"I will never agree to it." Little William said with a sullen face.
Completely merge the Hearst Group into another company, this is the Hearst News Corporation, which belongs to the Hearst family industry.
The other party actually wants to make it a subsidiary company. This is the most absurd and ridiculous decision Little William has ever heard in his life.
And he would never accept that Hearst be the grandson of other companies.
"William, I advise you to think again." Charlie put his hands on the table and looked at him calmly with a smile on his face.
"No need, you can get out with the damn proposal, because I will never allow you to do so." Little William patted the table and stood up.
Leaning forward makes him aggressive, and the veins on his face show how bad he's in a bad mood, and now he doesn't care about appearances.
In his opinion, Charlie Lee and Harry were trying to get along.
Now that they have chosen to start, they will not give up halfway easily, and they will find ways to achieve their goals no matter what.
What Little William has to do is to prevent them from succeeding.
so...
Now that it's all like this, what does it matter if you turn your face or not?
Little William didn't want to hypocritically choose to give in and beg the other party, and he also knew that it was useless.
Whether it's Charlie or Harry, they are not good people with soft hearts, but jackals who eat people without spitting out their bones, vicious carnivores.
Unfortunately, Hearst is now their steak, delicious, juicy, and tempting like an angel smiling.
"It's a pity that we didn't reach a consensus." Harry spread his hands regretfully and looked at Mahathir and said, "The rest is yours."
"Well, starting tomorrow, on behalf of Mr. Charlie Lee, I will formally propose a privatization plan to the New York Stock Exchange...you will receive the documents soon."
Hearing Mahathir say this, Serena became even angrier, growling: "You can't do this, bastard."
"Actually, of course I can...and I'm planning to do it." Mahathir closed the suitcase, held it in his hand and nodded with a smile on his face. "Trust me, it will happen."