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Chapter 573: Save Backland

Several representatives of the Morgan Alliance nodded, agreeing with what Morgan Jr. said. If a billion dollars of funds were used for mergers and acquisitions, even the Morgan Alliance system would not be able to bear it. Although the entire Morgan Alliance system is huge, measured in billions of dollars. But this is not enough.

It does not mean that they have so much cash, they still need large-scale financing to complete mergers and acquisitions.

Furthermore, if they choose to use one billion US dollars in cash to carry out mergers and acquisitions, and United Automotive Corporation is in their hands, there is still a problem. They have already spent one billion US dollars on mergers and acquisitions, and everyone still has to make money.

What is the appropriate price to push down? After spending one billion US dollars, how much can the stock value of a listed company reach to make money?

It is extremely difficult to push up the stock price with one billion US dollars, so several representatives agreed with Morgan Jr.’s idea to replace part of the cash with equity s In the advanced Morgan Alliance system, there are also many companies that are very

valuable.

U.S. Steel, General Motors Company, Kennegg Special Copper Company, Gulf Sulfur Company, Continental Petroleum Company, General Electric Company, etc. Morgan Company's penetration into the railway industry is well known. In the communications industry, it also owns the International Telephone and Telegraph Company,

National Cable, Postal Cable, American Telephone and Telegraph Company, etc., as well as powerful trust companies including Westinghouse Electric. Of course, these companies have their own rivals and are under the control of different shareholders.

Although the entire Morgan Alliance system is unparalleledly large, it is divided into nearly two hundred representatives to control. Even the Morgan family's share in it can be described as small.

The entire Morgan Alliance can swallow up United Automobile Company, but the price of doing so is not as easy as imagined. This is not just a problem that can be solved by equity s The enterprise that Morgan Jr. wants to give to, Sheffield

You may not be able to see it yet.

For example, Westinghouse Electric, other than the two giants in the electrical field, what is the use? Use it to become a patent troll? It is also useless to use U.S. Steel Company. Another steel giant that is now controlled by the Rockefeller family is enough.

Used. Steel stocks are still losing their status as the king of stocks. The slave owner will give up a new stock king, and then take over the steel companies that are prone to attracting antitrust laws?

Some companies involving transportation and important raw materials are still very useful. This is not a question of which company Morgan is willing to use for equity swap, but also depends on whether Sheffield himself is willing to accept it.

But in any case, it is a certainty that this time the merger and acquisition will exceed the amount of the original integration of the steel industry.

"Of course I know what a billion dollars is. Now the United States has a population of 90 million, and the per capita annual output value is 300 dollars. One billion dollars can provide twenty days' wages to the entire population."

In the cabin of the airship over New York, Sheffield continued to look at the scenery with Louisa Morgan. A series of numbers blurted out showed that he, as a slave owner, cared very much about the citizen class.

Addition, subtraction, multiplication and division actually don’t add up to this number. Per capita output and how much money can be earned in a month are not the same thing. For example, a hundred years later, the theoretical per capita output of the United States will be 60,000 US dollars, but in fact, the per capita output per year will be 60,000 US dollars.

Adding up the salary, you can earn an average of US$30,000 a year.

This is not just a problem of the United States itself. The salary in any developed country is almost 50%. The per capita output value does not mean that one person can earn this money. In later republics, the salary is probably 100% of the per capita output value.

Forty-four, that is, when the per capita output value is US$10,000, a person can earn approximately US$4,400 a year.

This is still a republic. In countries such as Vietnam and Thailand, the proportion will drop to more than 30%, and the annual salary is only a little more than 30% of the per capita output value. In other words, it seems that the income of Thai people should be two-thirds of that of the Republic, but

In fact, the per capita output value of US$6,000 can only be exchanged for an income of US$2,000, and the actual income is less than half of the workers in the Republic.

The Thai royal family is still the most powerful and richest royal family in the world, as well as several rich people whose names are known all over the world. However, Thailand has only a population of 60 million. It has to support so many rich people and all the people in the world.

As the premier royal family, the Thais naturally only get 30% of the country’s benefits. Otherwise, how did the Thai royal family’s tens of billions of dollars in assets come from?

Sheffield used such a set of figures to let Louisa Morgan know how shocking it would be once she agreed to the merger. As for the United States at the beginning of the century, the ratio was probably 40%.

Because whether it is national expenditure or major companies trying to expand, the wool comes from the sheep.

If little Morgan accepts Sheffield's offer, almost the entire country can stay at home for ten days, with Sheffield himself feeding them. Such a concept.

"Edith has a good eye and has found a treasure like you." Louisa Morgan flipped her hair and said charmingly, "Now she is happy, her assets have almost doubled, and it is like sleeping with a mountain of gold in her arms."

"You can't say that. He has also helped me a lot." Sheffield denied Louisa Morgan's thoughts. He pretended to be indifferent to this woman's overt and covert hints.

Sheffield actually has little resistance to some women who have high self-esteem, but must resist now. If there is confusion in the relationship before the business is concluded, it will only bring trouble.

If the merger is completed one day, if Louisa Morgan is still like this, the slave owner will never let this woman go.

That is to say, when I was bored, I took little Morgan's sister out for a walk. When they returned to the Rockefeller Manor, the two of them had just changed from strangers to acquaintances, nothing more.

"What's little Morgan's sister doing here?" Although he didn't know that the other party was coming to visit him at first, by now little Rockefeller had already gotten the news. Now that he saw the airship landing, the owner of Rockefeller Manor was full of suspicion.

Because this example had happened to him personally, when he saw Sheffield and Louisa Morgan appearing at the same time, little Rockefeller immediately felt wary. After Louisa Morgan left, he said sarcastically, "I don't know when William and Louisa met.

."

"We just met, and I've been wondering if little Morgan is sending his sister here to set a trap for me or something." Sheffield said with shocking honesty, "I know what you are thinking. To be fair, I am not

I am a person who is resistant to beauty, but the prospect of a billion dollars can calm me down."

"I also want to spend 100 million to participate in it!" Rockefeller said without concealing his purpose.

"Anyway, we can negotiate. I don't care if I negotiate with a banker or two giants in the field. Anyway, don't expect me to lower the price because of friendship. To be honest, even if I agree, Edith won't agree." Xie

Field took a deep look at Rockefeller Jr. and expressed that he wanted to get a bargain without any further discussion.

"You said, don't talk about Edith when discussing business." Little Rockefeller's face was full of helplessness. The man in front of him had such dark thoughts. Don't think you can't hear it. The slave owner just took advantage of him.

Sheffield got a piece of good news, which had nothing to do with the United Automobile Company. It was with the growing plastics king Baekeland. He had always known that things like lawsuits must be endured slowly, and the spirit and will of the parties concerned must be brought to bear.

Only by grinding away the efforts can the goal be achieved. Therefore, although he was very concerned about the lawsuit regarding the plastic patent, he always remained calm on his face and never mentioned it.

And now, according to the feedback, it's almost time. Pat, the chief lawyer of United Company, said that Baekeland wants to find supporters to survive such a difficult moment.

"He doesn't want to start a business now? Where is the lawsuit now? I remember that some time ago, it seemed that the first trial was lost." Sheffield looked at Pat who came over with a smile, and his tone was full of gloating.

"It was indeed the defeat in the New York District Court that made Baekeland feel desperate. Now he urgently needs support. The news from Mr. Lowell also said the same. Regarding the huge litigation costs in the second stage, for an ordinary person

It is indeed too heavy for people." Pat nodded, "So I probably gave up the idea of ​​starting a business."

"So, if the society is so dangerous, it is better to choose a strong collaborator. If you give me money, I can definitely lead him to become stronger. In fact, this matter is also easy to solve, any millionaire

Even rich men can solve it." Sheffield opened his mouth with a sense of deja vu.

Not only was the instigator not at all sympathetic to the predicament that Baekeland was encountering now, but he was also very happy about it. Not to mention such an entrepreneur, even Sheffield himself, didn’t he have to share his success with others now?

Isn't Sheffield unwilling to occupy all industries? Whether it is metallurgy, coal, steel, machinery, chemicals, automobiles, or shipbuilding, it is best for each industry to have its own company. Of course, the market told Rockefeller,

Ninety percent is not enough, I want 100%.

But this is impossible. If we work in this direction, not only the giants of these industries will not agree, but even the citizens will not agree. If this goal is achieved, it will be tantamount to insulting the IQ of 90 million citizens of the United States.

Sheffield will definitely not be able to achieve this goal. There is a person named Yuri who can try it. He can control the mind.
Chapter completed!
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