Chapter 648

General motors, board of directors.

All the people present were serious. The chairman, Mr. Caspar Berkeley, was silent for a moment and said, "because of the financial crisis and the development difficulties, General Motors intended to merge with Chrysler, and we have had in-depth discussions and reached a verbal agreement with the owner of Chrysler. However, in early July, the merger had to be announced because of GM's cash liquidity problem

With a slight sigh, Casper Berkeley went on to say, "the global financial crisis has brought about a sharp decline in sales and a loss every quarter. At present, the capital chain of General Motors is almost broken. The situation is very dangerous. All the major banks and investment institutions refuse to lend us loans. For today's sake, we can only turn to the US government for help! "

They nodded helplessly. At present, it seems that there is no other way except this one.

However, the financial crisis in this world is much more serious than that in previous lives. The US government has spent a lot of money reserves, but the rescue action still failed. Although the U.S. government still has some money, the money must be used in all walks of life, and the part that can be allocated to general motors must be very small. At present, the global financial crisis is still continuing, and more and more serious, general motors may not be able to last!

Bang bang!

At this time, there was a knock outside the door. Then, a capable white-collar female secretary came in.

She went straight up to Casper Berkeley, then leaned down and whispered in his ear, "Mr. Casper Berkeley, Tesla just called to buy General Motors! Tesla is willing to buy GM for $12 per share, totaling $20 billion! "

Caspar Berkeley's face changed, and he frowned.

Tesla has been established for less than two years and wants to annex general motors?! Caspar Berkeley was a little reluctant. At the moment, everyone in the meeting room was watching him. When he saw his face suddenly changed, he felt curious and nervous.

Caspar Berkeley looked at the crowd and said in a deep voice: "Tesla has a big appetite not long after it was founded. It wants to buy General Motors with 20 billion US dollars!"

When Caspar Berkeley finished, there was an uproar in the conference room.

Immediately someone scolded: "it's obviously taking advantage of the fire to rob, we can't agree!"

"Yes, before the global financial crisis, the market value of General Motors was close to 50 billion US dollars. We can't accept the purchase price of 20 billion US dollars. This is an insult to General Motors and a serious damage to the interests of our shareholders at the same time!" A man in his thirties said angrily.

"General Motors is on the verge of extinction. Now that we have a lifesaver, we should catch it in time! We can try to get in touch with Tesla and ask them to raise the price. It would be better for the two companies to merge. " An old man in a suit and with white temples said slowly. His voice was full of air and his body looked very strong. He said with a smile: "Tesla has a bright future. If we can get hold of the shares of Tesla through this opportunity, it will be profitable for us!"

As soon as the old man finished, everyone nodded.

"Mr. Carl Jonah is right..."

"Do as Mr. Carl Jonah says!"

After the meeting, General Motors made a reply to Tesla immediately. The next day, the two sides started negotiations.

General Motors hopes to raise the price of the acquisition, the two companies merge!

Of course, Henry didn't want to buy General Motors. General Motors is a traditional car company, even a little bit of waning, which is being hanged by Rb and German auto companies, while Tesla sunrise enterprise is booming, with boundless potential!

As a result, the negotiations between the two sides reached a deadlock.

Before long, another big car company in the United States is about to "belch fart".

This is no other company. It's Chrysler, with which General Motors initially intended to merge. As one of the three largest automobile companies in the United States, Chrysler is also very strong. However, in the financial crisis, its subsidiary, Chrysler Financial Investment Company, was very "cheating" and invested in subprime bonds, resulting in heavy losses. However, the US government's loans are not enough. At this time, the stock market in a bloodbath, a large number of short so that the U.S. government is in a mess, had to come up with the vast majority of funds to rescue the market! Otherwise, more companies will go bankrupt!

Chrysler has known for a long time that general motors is negotiating with Tesla

Chrysler's board of directors.

"According to what we've heard, general motors is asking Tesla to raise the acquisition price to $30 billion, and it's also asking Tesla to pay $20 billion in cash and $10 billion in Tesla shares," the head said. In view of this situation, Chrysler can lower its requirements and strive for a cooperative relationship with Tesla! "

As a result, Chrysler put forward better conditions than general motors.

Henry couldn't help laughing when he heard the news. He didn't have to think about it. Henry knew how furious those people at GM would be at this moment!

"The Chrysler auto company is just deceiving people too much!"

With a bang, General Motors chairman Caspar Berkeley was furious in his office and slapped his desk.

"Before, we planned to merge with Chrysler, but because our company had cash flow problems, we were kicked out. Now I steal the negotiation content between us and Tesla, and take the opportunity to intervene. It's really hateful! " Caspar Berkeley was angry for a while and soon calmed down. He knew very well that business competition was cruel, and there was nothing wrong with what Chrysler did. Immediately, Casper Berkeley ordered the female secretary to inform the directors of the company immediately to hold a board meeting!

He said: "Tesla is looking for general motors first. We must not let Chrysler get ahead of us!"

"Yes The Secretary answered and went out in a hurry.