Chapter 1292: The Stock Market War

General Electric, the company's management. Chief executive Kevin Richardson, who has served the company for more than ten years, is already in his twilight years. Although he can still sit safely in the president's office now, he knows very well that his time here is running out.

Although he has served this business empire conscientiously for more than ten years, and even once created the most glorious years of this empire. However, with the impact on the market in recent years, GE has inevitably experienced a decline in profits, so naturally, this guy who is the president in name but is actually just a senior wage earner can only Sadly accepting the impeachment from the board of directors, preparing to leave this place that has spent its best years.

In all fairness, it is impossible for him to be free of resentment. But he knows what kind of behemoth General Electric is, and he knows what kind of terrifying existence behind the board of directors. So he didn't plan to struggle, nor did he plan to resist. An Anxin came and An Anxin left, this is what he wanted. And as far as the benefits of fishing are concerned, General Electric has not missed him in recent years.

With an annual salary of 20 million plus 3% of GE shares, it is not in vain that he has served GE for so many years.

Of course, the human heart is always greedy. Since someone like Richardson was ruthlessly kicked away, it is of course impossible to continue to leave too much affection for his old club. Although on the surface, it is impossible for him to do something to General Electric, but it is entirely possible to make a small move behind the scenes.

You know, he holds 3% of the company's shares in his hand. Although it is said that according to the agreement signed at the beginning, the 3% shares of GM have the right to redeem them first. But this priority is also conditional, that is, on the premise that it is not lower than the current stock market value.

And what is the current stock market of General Electric, and what was it before? Thirty-seven dollars a share and twenty-six dollars a share. The nearly 50% increase is enough to make the 3% in Richardson's hands an astronomical figure. Ten billion U.S. dollars, a full ten billion U.S. dollars. If the current General Electric can directly spend 10 billion to buy the stocks in its own hands, then Richardson probably won't say anything. But he is very clear that General Electric, which has been in poor management for several years, has no way to directly come up with such a large amount of cash. Most of their internal acquisitions will fail, and even if they can succeed, it is probably the result of some tricks and scheming on themselves. So instead of cheapening them, it is better to cheapen yourself.

Using the little authority he had left, he arranged all his hands and feet. Richardson easily notified his private accountant and listed his shares on the stock exchange at a 10% premium. And just as he thought, just as he put up the list on his front foot, the unknown giant crocodile on that side has already swallowed the shares very simply. 11 billion, it's as easy as picking up some money to buy cigarettes. This really made Richardson, who was used to seeing the big world, couldn't help being surprised.

To know,

It is impossible for a world-leading large company such as General Electric to spend more than 1 billion yuan in liquidity to acquire the shares in Richardson's hands. What is the sacredness of this unknown existence that can own such Strong capital?

This is an embarrassing question. Because as the president of General Electric, Richardson knows very well that there are not many people in this world with such financial resources. Regardless of the fact that the emerging high-tech companies each have a market value of hundreds of billions, they may not have this ability.

Because hundreds of billions are just the market value, not their pockets. No matter how powerful a company is, it is impossible to come up with tens of billions of working capital at once. If so much funds are allocated at once without scheduling, it may cause a break in the capital chain if you are not careful, and that will be fatal to any enterprise.

Besides, Richardson is not deaf. There are only a few companies that can afford this amount of funds on the surface. If they make any big moves, I will definitely get some wind. But now the only rumor he has received is the Osborne Group, and the Osborne Group, that is the Osborne family.

Thinking of this, Richardson felt that he had found his goal. And thinking of this goal, this guy who could almost be Harry's grandpa couldn't help but sigh deeply. Just now I was still excited about the billions of extra profits, but after thinking about it, this is just one of countless small moves under the big move. Comparing the two phases like this, he immediately had the feeling that he had lived with dogs all his life.

Of course, this feeling is just a moment. Because when he saw the extra billions in his bank account, he suddenly felt that it would be nice to live on such a dog in this life. How many dogs can earn so much money in their lifetime, even the dog of the richest man's family is impossible. Therefore, if one wants to be content, one should be satisfied with so much. As for other things, let other people take care of it.

Richardson has this idea, and there are definitely not a few people who have the same idea as him. And under the same idea, the same understanding, and even the same approach, such a situation has appeared in many established companies, including General Electric.

That is, their excess shares floating in the stock market have already been acquired by others. And when these shares are consolidated, there is already a small role that cannot be underestimated among their shareholders.

"Is this about to change? Or is it that we are going to witness the rise of a business miracle again?"

Some people who have experienced the rise of the two generations of Stark father and son couldn't help feeling emotional at this time. Of course, apart from this feeling, they didn't have too much worry. Because of the size of these established companies, they don't believe that there will be any unexpected situations. In the world of money, profit is everything. When so many interests pile up, no one dares to act rashly.

If they moved, they might even be crushed to death, so they didn't believe that someone would do such a stupid thing. So the most is just to welcome a new owner and neighbor. For these capitalists who have already penetrated deeper into the financial field, this is really not a big deal.

Everyone believes this, even the crazy elites on Wall Street think so. No one will be against interests, no one will not care about their own interests. Unless, he has a greater pursuit.

It's not that no one has thought of this last point, it's just that no one wants to believe that there is such a so-called greater pursuit. However, this greater pursuit is real, so naturally, the scene they least want to believe has appeared in front of them like a landslide.

The huge amount of capital swallowed up the scattered stocks of these established companies in the market. In the company of General Electric alone, they accounted for at least 20% of the shares. Although these shares are not enough to shake the core power of the board of directors, they are already able to gain a pivotal position in General Electric.

And just when GM's shareholders thought that everything was over, that they would soon see the true face of the huge capital hiding behind the stock market. Things did not develop as they imagined.

The powerful capital hiding behind did not intend to stop their footsteps as they expected. After collecting most of the loose stocks, they quickly made a crazy thing.

They didn't care about the high price raised because of themselves. Almost in a blink of an eye, they began to sell the stocks they had collected before to the market at a price of one dollar per share. And such an action immediately stunned all the shareholders who were caught in the wind. Immediately, one of them yelled.

"How dare he do this, how dare he do this?"

Yes, how dare he do that? Everyone is thinking this way, because everyone knows that this kind of over-the-bottom-line selling almost means declaring war on an established company like General Electric, and it is a malicious attack on him in the stock market and finance.

No one dared to do this, because it offended not only a General Electric, but also those complicated shareholders in General Electric, those guys with consortium backgrounds. GM belongs to Morgan, and Morgan is a real financial empire. Therefore, this is definitely looking for a dead end, digging a grave for yourself.

Not even the craziest lunatic would do such a thing. But the problem is, there is such a madman. His existence was beyond everyone's imagination, so at this time, they simply had no time to deal with the unexpected.

They can only watch those stocks being sold out crazily, watching their stock prices plummet, and watching their company's market value begin to plummet.

This is definitely a nightmare scene, if such a thing is really done by the other party. Then their losses will be hundreds of billions, which is something they absolutely don't want to see. So immediately, shareholders including General Motors gritted their teeth and mobilized.

"Everyone, we can't let things go on like this. We must act. If you don't want to see the stocks in our hands turn into pieces of waste paper, and you don't want to immediately change from a glamorous rich man to a worthless Bankrupt. Then we've got to join forces, and we've got to get the stock up!"

"Pumping up the stock price? Are you crazy? Where are we going to find this money?"

Everyone was shocked, because at this time they suddenly discovered that they had been forced into the desperate situation of war.