America 1919-Chapter 725 - : 249, The Chain Stratagem_2
Chapter 725: 249, The Chain Stratagem_2
But now it was clearly the most perilous time for A&P, and John Hardford could no longer tolerate these people’s idleness!
Josh Hunter and Lao Hobbs both nodded and then stood up to carry out John Hardford’s orders!
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“Donnie, I haven’t arrived late, have I?”
At this time, Maholi had finally arrived from New York to Kansas City and met with Donnie and Helen.
This time Maholi was not alone, she brought a whole team, and the person in charge of this team was none other than the manager of the Mergers and Acquisitions Department of the grain empire’s food company, Obie Dawson!
...
After shaking hands with Maholi, Donnie asked, “How is the situation on the grain empire’s side? Have they agreed to our plan?”
Maholi, with a smile on her face, pointed at Obie Dawson and the others behind her and said with a laugh, “Donnie, did you not see that I brought the whole team with me?”
Donnie laughed heartily and said, “It seems that this time, your position in the grain empire’s food company will be even more secure!”
Maholi showed an expression of gratitude; she had thought that being with Walker meant she had found love, but she didn’t expect not only to gain love but also to consolidate her career.
This 𝓬ontent is taken from fгeewebnovёl.co𝙢.
Since taking over the grain empire’s food company, Maholi, as a woman, had endured no small amount of difficulty from the company’s board of directors, especially concerning her marriage to Walker.
Many members of the board of directors thought she had been blinded by love.
But now…
The Apollo Chain which she had invested in personally had already made a national appearance, and in less than a month, Apollo Chain had become the nation’s second-largest chain company.
Even she had not anticipated such a miracle!
Compared to A&P’s cash crisis, Apollo Chain, which had been promoting sales earlier and with more force, was not considered by the outside world to be in a cash crisis, at least not yet.
All of these benefits were thanks to Donnie behind the scenes at Apollo Chain.
There was no helping it, those who knew Donnie were aware that he had control over two large cash pools, the private empire of spirits, Surf Hotel!
When Maholi and the board of directors of the grain empire’s food company were meeting, there was even a shameless director who proposed that Maholi should not have invested in Apollo Chain in her name; it should have been in the name of the grain empire’s food company, conveniently forgetting his earlier strong opposition to such an investment!
A group of people arrived at the conference room of Apollo Chain’s headquarters.
Donnie sat at the head, with the others seated on either side.
“What you have in front of you is the details of the stock swap between A&P and Kraft Foods, please take a good look!”
Maholi and the team she had brought with her picked up the documents on the table and started to carefully go through them, while Donnie also took this opportunity to continue introducing the details to them.
“James Cuff of Kraft Foods clearly has big ambitions. Despite the completely different market values between A&P and Kraft Foods, he has put forward more cash to buy into A&P’s shares. One thing is certain, although Kraft Foods and James Cuff still have some cash now, they absolutely cannot withstand a takeover battle.”
The reason Donnie asked Maholi to come to Kansas City was to plot the takeover of Kraft Foods.
James Cuff, in his eagerness to buy into A&P, has lost his composure, forfeiting the cash that is most vital to a company!
If the grain empire’s food company could successfully take over Kraft Foods, then in the snack domain in the United States, the grain empire’s food company would basically have no competitors.
And the benefits of this endeavor would also reflect on Donnie; if the top two ranked snack companies in the United States, the grain empire’s food company and Kraft Foods, refused to cooperate with A&P, that would be a devastating blow to A&P, already troubled by the promotional war.
“To complete the acquisition of Kraft Foods, we’ll have to rely on your assistance, Donnie!”
The difficulty in acquiring Kraft Foods lies in the fact that the company, although now the second-largest in the snack industry in the United States, is not publicly traded.
The stock swap with A&P relied on Kraft Foods’ market valuation.
Actually, James Cuff has been working on taking Kraft Foods public, with the expected IPO date in another timeline being 1924.
With A&P’s investment, Kraft Foods could get a better valuation at the time of its initial public offering.
This was the reason James Cuff agreed to the stock swap with A&P.
Although Kraft Foods is not yet public, in the past they have accepted a lot of investments for rapid development, and James Cuff’s stake in Kraft Foods is no longer the majority.
If it had been earlier, the grain empire’s food company’s attempt to acquire Kraft Foods would have been extremely difficult, as no one would be willing to sell shares of a company on the rise, fully focused on growth!
But now, with Apollo Chain’s promotional battle with A&P, it’s clear that A&P, with the bigger “pan,” is now at a disadvantage.
In such a circumstance, Kraft Foods, which has just entered a deep collaboration with A&P, naturally also falls into peril.
