American Fortune Life
Chapter 1244: Wicked, God, take him away! (40/66)
In the evening, Andy walked out of the Gaia Building under the guard of the bodyguards. Across the road was a crowd of protesters holding various signs. There were dozens of white areas on the sidewalk not far away, with white signs on their bodies. Protesters with corpses.
In the United States, a considerable number of people believe that the US government's rescue plan has benefited Wall Street speculators, the initiators of the crisis.
Andy frowned slightly, shook his head, and sat in a Maybach car. He heard that the protests on Wall Street were even more serious. The protesters in black and white masks had already laid out all the bull sculptures, and according to the news, Tomorrow they will launch demonstrations.
Andy knows that the seeds of 'Occupy Wall Street' have been planted, and will continue to skyrocket over time, and Wall Street seems to become more and more chaotic. In this regard, he is a bit helpless, after all, Lehman Building is now It belongs to him, and Lehman went bankrupt, causing many people to suffer heavy losses. These people appeared in front of the original Lehman building to protest, what can he say.
The security situation seems to be getting worse all of a sudden. The United States, which is flooded with guns, may not be able to run into any neurosis. To be honest, if it is not because of nbc global mergers and acquisitions, he will not be able to get rid of him. He will absolutely not Stay in New York.
As Andy guessed, late on the 29th, after the new tax law is no longer a secret, this new rule will also allow Wells Fargo to deduct the shrinking portion of the book value of the assets of Wachovia from Wells Fargo's income. This will save billions of dollars in taxes for the merged bank!
Wells Fargo's CEO Richard Kovacevich immediately called the CEO of Midland, which has reached a transaction agreement with Citi, and offered a price of $ 7 per share, which is comparable to the price of $ 1 per share. Citibank is much more generous.
The Midland Board of Directors immediately decided to break the contract with Citi, and chose to prepare for the rich countries!
The battle between Wells Fargo and Citibank is officially staged!
The situation reversed on the day of October 3. On this day, Wells Fargo announced that it would exchange Wachovia's stock at a ratio of 0.1991: 1 and acquire Wachovia in its entirety without the support of government agencies. Wells Fargo's acquisition offer was approved by Wachovia's board of directors.
Just a few minutes after the above two parties reached an acquisition agreement, Citi immediately issued a statement on the matter, with a strong attitude, accusing United Bank of America of violating the previous exclusive agreement with Citi, and demanding that American Bank and Wells Fargo suspend cooperation. Don't make any more transactions.
Subsequently, Citi applied to a New York court for a temporary injunction restricting transactions between Wells Fargo and Wachovia until a court decision otherwise.
At the same time, the US stock market continued to plummet under the influence of the US $ 700 billion asset rescue plan returning to the House of Representatives to vote again and possibly failing again.
It was at this time that the entire US financial market was in great trouble, and Andy Smith and Warren Buffett jointly shot. Not only for the benefit, but also for the needed patriotism, the market is still unstable!
In the lobby of the Rockefeller Center in New York, hundreds of reporters took crazy photos with their cameras in their hands. Andy Smith, Warren Buffett, and GE Eo Jeff sat on the podium in a sea of white light.
"Mr. Buffett will purchase US $ 3 billion of GE preferred stock at an annual dividend rate of 10%. He also has the right to purchase US $ 3 billion of GE common stock at US $ 22.25 per share.
Mr. Smith will buy $ 3 billion of GE common stock for $ 22.25 per share ... "
As an EO, Jeff began to calmly smile at the reporters Barabara below. He boasted about the excellence of General Electric, and bragged about Andy and Warren. Smile indifferently.
After all, GE's stock price is still at $ 24.75, and it is still very interesting to be able to buy $ 3 billion of common stock cheaply. Only common stock can be traded at any time. I believe that at the same time as this conference, GM Electric's stock has also started to rise.
As for whether the sell-off will make GE vomit blood, it is not something that Andy should consider. No one will let their money fall into the water, and the interests come first.
Listening to Warren Buffett's praise of General Electric as a flower, Andy smiled in his heart. He knew better than anyone that the real destructive power of the financial turmoil had not been finally revealed.
From November 2008 to March 2009, these five months will be the darkest moment in the global economy. Now it is just hell. After that, everyone will understand that **** has eighteen underground floors ...
"Mr. Smith, there are rumors that you are secretly contacting General Electric and seeking an acquisition of nbc Universal. Is this rumor true?"
As soon as the reporter's question was thrown out, there was an uproar at the scene, and there was a buzzing discussion. The smirk on Andy's face did not disappear, and it seemed not to be surprised at all, because the news was intentionally released by General Electric. Also got Andy's consent.
Of course, in order to prevent halfway through the bite of Cheng and bite away from GE, Andy will naturally prevent GE from signing an exclusive agreement, so that Andy promised GE to release the news. To stimulate GE's stock price.
"Oh, you are a rumor and a secret. I'm curious. Since it was a secret contact, where did you get the rumors? It seems that the reporters in New York are really ubiquitous. The rumors are right, and it is not a secret. I did intend to acquire nbc Universal, and negotiations with GE were proceeding in an orderly manner.
It is no secret that I have the ideal of a media kingdom, and everyone here is also clear, whether it is from the original "New York Observer" or "Newsweek", Hollywood's peak entertainment, amc cable television, Marvel Group, Bloomberg News, and some other companies are the puzzles of my media kingdom.
Starting from scratch, this requires a lot of energy, time and money. To form scale and influence, it also needs to pay more. The idea of acquiring nbc Global was only produced when I played golf with Jeff.
General Electric hopes to return to the core industry, nbc Global has become a white elephant, one needs funds, one needs to expand its business, and complete its ideals, because each takes what is necessary, and a major transaction naturally comes together like this. "
Wow
There was an uproar and various questions shouted one after another. Andy ignored the noises of these reporters and directly shouted the chaos. "As for the details, you do n’t need to know now. You will know when it is done. "
The press conference ended in a noisy atmosphere, and GE's stock price went up against the market as expected. At the same time, Washington ’s $ 700 billion asset rescue plan also came to a vote in the House of Representatives, and it finally won 263 votes to 171 votes. by.
At 2.30 pm on the same day, President Bush signed the bill, which took effect. However, at this time more people in the United States were shocked by the news that Andy Smith was about to annex nbc Universal, the media empire.
Once the transaction is successful, it means that it has a large media empire such as nbc television network, universal film, cncc, msnb, syfy, usa, and bravo cable channels, and will merge with all the media power in the hands of Andy into one Super Big Mac.
Andy Smith, a 25-year-old, will be the youngest king in the media empire, determining the time of family life for one-third of Americans.
For a moment, the entire Hollywood is in a stun, and the shadow of the devil will completely cover Hollywood; the entire American media industry will be shaken by it, and other competitors will have to re-emphasize the nbc that has become a stale fish, and the entire United States The people are even more shocked by this, O evil, God, take him away!