America 1919-Chapter 988 - 337. No matter how you act, I will win.
"Dear Morgan, look at the situation outside, who do you think I should agree to? Who should I refuse? "
Inside ABC’s Donnie’s office, Donnie is chatting with Jack Morgan, and sitting next to Jack Morgan is Paul Warburg.
At this moment, only the two of them are qualified to enter Donnie’s office, while everyone else has to wait outside.
"Dear Warburg, or will you give me the answer?"
Jack Morgan, Paul Warburg, sitting on the sofa, exchanged a glance. Jack Morgan smiled and said, "Block, let’s forget about the others, but we at Morgan are very eager to collaborate with you on the Apollo Chain IPO plan!"
Paul Warburg immediately remarked, "Our Kuhn, Loeb & Co. consortium feels the same!"
Their demands were far more than those of the people outside; they not only wanted the companies they represented to participate in the Apollo Chain IPO but also wanted to become shareholders of Apollo Chain.
Previously, when Donnie didn’t let Apollo Chain go public, they didn’t even contemplate this. But now it’s different; Donnie is deciding to let Apollo Chain go public.
Since it’s going public, naturally there will have to be some major shareholders.
"Block, instead of collaborating with unfamiliar people, why not cooperate with us? This way, when you’re developing Apollo Chain, we’ll firmly support your ideas, won’t we?"
Jack Morgan continued persuading Donnie.
Paul Warburg echoed similar sentiments.
Donnie waved his hand and said: "Since you both understand me, I won’t beat around the bush with you. First of all, this Apollo Chain IPO will not be handed over to external securities companies, but to the Venus Bank’s securities company!"
Jack Morgan and Paul Warburg, future competitors, have come together upon hearing Donnie’s vision.
"Block, isn’t it a bit risky? The securities department of Venus Bank has just been established, and you’re letting them handle such an important event as the Apollo Chain IPO. If anything goes wrong, it could be very dangerous!"
Paul Warburg reminded Donnie.
Donnie retorted, "With the groundwork laid by Trident Shipyard and United Artists’ IPO, do you still see any risk with Apollo Chain’s IPO? If Apollo Chain’s IPO truly posed unexpected risks, I don’t think there would be so many companies outside now, would there?"
Upon hearing Donnie’s question, Paul Warburg was left helpless.
At this point, Paul Warburg finally understood the scope of Donnie’s plans; he initially thought United Artists’ IPO was the ultimate plan of Donnie’s period, yet it turns out United Artists’ IPO was also a build-up.
In the minds of ordinary shareholders, a subconscious thought has formed through the Trident Shipyard and United Artists’ IPO—that any subsidiary of Venus Bank going public will certainly soar.
It’s not only the ordinary shareholders but also those securities companies; last time with United Artists’ IPO, due to their hesitation, the biggest profit went to the individual investors.
This time, the much-anticipated Apollo Chain IPO is likely to result in a frenzy to grab Apollo Chain’s stocks. frёeωebɳovel.com
Under such circumstances, it doesn’t matter which company is responsible for Apollo Chain’s IPO, as long as the person in charge is competent, there won’t be any issues!
"Block, let’s be straightforward, what do you want in return for letting Morgan become a shareholder of Apollo Chain?"
Jack Morgan asked Donnie, both he and Paul Warburg realized that they held no advantage in this situation and could only listen to Donnie’s terms!
Paul Warburg looked somewhat helplessly at Jack Morgan, envying Jack Morgan’s poise at this moment.
Currently, the Kuhn, Loeb & Co. consortium indeed finds it difficult to compete with Morgan.
"Morgan, saying this puts me in a tough spot. Honestly, Morgan currently doesn’t have anything I’m particularly interested in!"
Donnie said earnestly.
Jack Morgan touched his nose in resignation and said: "Block, you say that, but it would make others think Morgan is about to fail!"
Donnie laughed and said: "Alright, then I’ll tell you!"
Jack Morgan took a deep breath, knowing Donnie was about to make a grand ask!
"I want Morgan’s shares in either General Electric or General Motors, choose one, either is fine!"
Donnie laid out his condition!
Jack Morgan’s eyes widened, he expected Donnie to make a big ask but didn’t anticipate such a large appetite.
Right now, the most successful in the United States undoubtedly is Ford Motor. However, General Motors’ market share in the U.S. automotive industry even surpasses Ford Motor’s, thanks to General Motors owning multiple car brands.
General Electric is even more impressive; while there are competitors like Westinghouse, General Electric is undeniably the king in its domain.
"Donnie, you truly posed me with a difficult problem!"
Faced with Jack Morgan’s resignation, Donnie laughed and said: "Apollo Chain, General Electric, General Motors, pick one, I can give Morgan some time to consider!"
Jack Morgan nodded, indeed, this matter needs careful contemplation, and he also needs to go back and discuss it with the company partners!