Chapter two hundred and ninety fifth starting line and finish line
Such a look that was ready to backfire at any time caught the fiancé who had just shown off his knowledge off guard, and he quickly said, "As far as I know, little Rockefeller is already married, and his allies are also engaged."
That's such a pity! A trace of pity flashed through the woman's eager eyes. It's a pity that she didn't have a chance. She took a look at her fiancé. He can be regarded as a very outstanding man. He has a well-off family and a talented man. It's a pity that he has nothing to do with those two brilliant young men.
Can't compare.
"Starting today, 60% of the shares of Carnegie Steel Company have changed hands. Carnegie retains 10% of the shares, plus the shares transferred by other shareholders, you and I will merge the original steel plant into
Carnegie Steel Company, dilute the proportion of other shareholders, and this steel kingdom belongs to you and me." Young Rockefeller and Sheffield whispered to each other, "After this round of mergers and acquisitions, we have only one opponent in the steel industry, Morgan Alliance's
U.S. Steel has a similar market share..."
"We are evenly matched now, but you have the cheapest source of raw materials, and I have the project that requires the most raw materials. You are at the starting line, and I am at the finish line. We have the final say on this steel track!" Sheffield said slowly
Tundu said, "The money spent is definitely worth it."
Generally speaking, the importance of the Panama Canal is slightly less than that of the Suez Canal, but it is also a goose that can lay golden eggs. The amount of construction of the Panama Canal is much larger than that of the Suez Canal, with a total length of 82 kilometers and a maximum width of 300 meters. And
There are mountains near the Panama Canal and sand on both sides of the Suez Canal. The level of difficulty is not at all on the same level.
For such a large project, the amount of construction machinery, steel and cement required is astronomical, so the production capacity problem of Carnegie Steel Company is not a big problem, and this matter can be solved in Sheffield.
But even so, Sheffield still believes that this merger involving US$300 million makes his heart bleed. For others, it is almost like lying on a golden mountain and preparing to live a life. For Sheffield,
There is plenty of gold in the mountains, but shovels are lacking. Capital flow is the shovel. If he has money, he can dig as much as he wants.
"If you hadn't delayed it for nearly a year, where would I have found so much money?" Sheffield sighed and said as if I was having a hard time, "Now we have to discount the shares to Edith, and we can't let her get it in vain.
money."
"You actually took money from Edith?" If so many people weren't watching, little Rockefeller would have wanted to punch this bastard twice, even taking the woman's money?
"Don't be angry, she volunteered!" Sheffield glanced at Rockefeller and shrugged indifferently, "After all, it is the steel king's industry, and it will also have a guarantee for her future life. Ordinary citizens are accumulating wealth bit by bit.
, we people are different, we need to find ways to make money make money."
I don’t think there is anything wrong with eating soft food at all, and I eat it with confidence. If the young Rockefeller is not satisfied, he can find a rich woman to eat it. It is a pity. I have traveled throughout the United States and can never find someone like the old Rockefeller.
, a father-in-law who treats his daughter so well.
As for another question, citizens of the United States also have a tradition of saving in this era. In fact, citizens of the United States are more thrifty than many European countries. This tradition of saving can still last for seventy or eighty years. The turning point came after Reagan came to power.
Preparing to suppress the Soviet Union with a big move, it adjusted a series of foreign policies, which at the same time brought huge debts and plummeting private savings. Fortunately, the Soviet Union did not hold on to this big move. Otherwise, it would be very difficult...
The steel king, who was already in his sixties, did not know that his two younger generations were discussing the issue of receiving inheritance. Carnegie must have made a profit from this merger and acquisition deal. He cashed out 300 million U.S. dollars and left. His personal wealth suddenly surpassed that of the old Rockefeller.
Became the new richest man in the United States of America.
But from another perspective, Standard Oil and Union Company also made money. Carnegie cashed out a satisfactory amount of wealth and retained a small but sufficient number of shares. Sheffield and Rockefeller Jr. achieved long-term income.
Just like what Rockefeller Jr. said, as long as the industry is here, it will continue to create profits.
"Today I can say without politeness that my lifelong efforts have fallen into the hands of two stronger and more enterprising juniors. They have stronger fighting spirit. I believe that Carnegie Steel's progress will never stop.
, and will even go faster and faster!" Carnegie was still giving an inspiring speech. Following his fingers, the eyes of the people present followed the Steel King's fingers and looked at the two young people sitting side by side, "
Two energetic bosses, don’t you have something to say to your shareholders?”
Carnegie's words caught the two of them off guard. Faced with the gaze of a large group of people, Rockefeller Jr. stood up first and talked about the future planning of Carnegie Steel Company, reducing costs and creating greater benefits. The Meserby Mine and the Great Lakes
The inland water transport ship business in the region will also be integrated into the business of this steel kingdom.
The Messerby Mine is currently the most difficult rich ore to mine, and mineral transportation in the Great Lakes region is also in the hands of the Rockefeller family. It can be said that once it is included in the business of Carnegie Steel Company, considerable profits will come.
It was Sheffield's turn to come up. Facing the surprised crowd, he held his head high and carried the aura of a slave owner, and said loudly, "The Panama Canal project requires a large amount of steel, enough to eat up the excess share of the Carnegie Steel Company.
Before the United Company took over the canal, the French Canal Management Company had completed one-third of the project. Now all the United Company has to do is complete the remaining two-thirds. The production capacity of the Carnegie Steel Company is not high, but low.
.There are many countries that need the entry of steel. It must be noted that United Company and Standard Oil are the forerunners of all companies in the United States in internationalization. Although there are negligible difficulties ahead, United Company and powerful allies will definitely succeed.
Able to overcome all difficulties."
"The Panama Canal project can be regarded as the official century project of the American century. Not only the private sector, but also the federal government and the whole world are paying attention to this project. The participation of Carnegie Steel Company will help this project be completed earlier." Xie
Field said word for word, "The new Carnegie Steel Company will defeat all opponents, not to mention in the United States, even in the world."
Just like the conversation between the two just now, Rockefeller Jr. said that Carnegie Steel had already won at the starting line, while Sheffield added that it was not just a matter of the starting line, but also the finish line.
The two people's statements caused a heated discussion. Even the woman who had just wanted to sell the shares anxiously asked, "You should buy Carnegie Steel Company's stocks as soon as possible. If it is too late, it will be too late."
At the end of 1900, in Pittsburgh, the steel capital of the United States, Rockefeller Jr., representing Standard Oil, and Sheffield, representing the United Company, signed a merger and acquisition contract with the steel magnate Carnegie. They jointly invested US$300 million to purchase Carnegie himself and other shareholders for a total of 100 million US dollars.
Sixty-sixth of the shares.
When signing, little Rockefeller saw Sheffield signing Edith Rockefeller's name, and his expression was disgusting. Has it reached this point? At least the boss of Standard Oil can be sure of one thing now. Without thirty million dollars,
There is no way to break up this couple.
What are you looking at? I am your brother-in-law! Sheffield is so thick-skinned that he has already noticed the constipated expression on the young Rockefeller's face. He pretends to be ignorant and signs the document line by line, turning a deaf ear to everything.
After the merger, the new company was named Carnegie Standard United Steel Company, emphasizing the fact that two new giants had entered the steel industry and decided to go public within three months.
This will drop a bomb in the stock market. After the contract was signed, Sheffield met the new richest man in the United States, Andrew Carnegie, and asked his doubts, "Actually, I think that after that day of communication, you should have a clear understanding of us.
One party is dissatisfied and is more inclined to the Morgans. Could it be that my blunt threats had an effect? If Mr. Carnegie answers like this, even I won't believe it."
"If you don't believe me, your threat did work." Carnegie blinked his eyes mischievously, regained his seriousness, and confessed, "I sold the steel company partly because of my relatives.
He keeps passing away, and the remaining daughter is all my concern. It is true that I am over sixty years old and cannot protect him for long. You and John are only in your twenties, so you can complete this work for me. You said
Does it still count?"
Sheffield was confused. How could a relative be like this? How could he hit the workers hard when they were on strike? Anyway, if someone threatened Sheffield with a relative, he would definitely not give in unless he himself was directly kidnapped.
After being stunned for a moment, he agreed, "As long as the United Company is still around, anyone who dares to harm your daughter and her descendants will be the enemy of the entire Black Gold Company. Even running to Antarctica is useless."
"Remember what you said!" Carnegie stretched out his finger and tapped Sheffield's chest, as if he had given up everything and said, "At my age, there is nothing else I can't give up. Now I can use this money to do something good for society.
Something useful.”
Sheffield actually made a malicious guess that Carnegie's big change in his later years should actually be related to the lack of a male heir. But no matter what the reason is, the experience of the Steel King has become history, and Carnegie will be known as a great philanthropist in the future.
Chapter completed!