v3 Chapter 1392： Who cares, whoever loses!

There are five financial companies within the sphere of influence of the Cleveland Consortium.

They are Cleveland Trust Company, Cleveland (U.S.) National City Bank, Kekai International Group, American Financial Insurance Company and Fifth Third Bank.

Two commercial banks, a trust bank, an investment banking financial company, and an insurance company.

However, among the five financial companies, only Cleveland Trust Company and Cleveland National City Bank were owned long ago, both of which started in Cleveland. Now branches have spread across Ohio and some of the surrounding states, which are considered as regionally large. Bank out.

The three companies, Kekai International Group, American Financial Insurance Company and Fifth Third Bank, were all drawn in by the Cleveland consortium in order to strengthen their strength.

The three financial companies are headquartered in Ohio, not in Cleveland but in the capital Cincinnati.

At the entire consortium level, although the holdings of these three financial companies are complicated, they have not reached the level of relative holdings.

The four major families, the Mather family, the Hanna family, the Humphrey family, and the Eaton family, collectively hold a lower proportion of shares in these three financial companies.

It's not that the four big families don't want to develop these companies into the core companies of the consortium, but want to take a step-by-step approach to achieve their goals.

Avoiding fierce resistance from other shareholders is one reason, and wanting to save costs is another reason.

…

"Douglas, I suggest to shrink across the board immediately to resist the attacks of Wells Fargo!"

"I also agree. I didn't expect Wells Fargo to solve the crisis so easily and retaliate against us decisively!"

"..."

Less than twenty minutes after the Wells Fargo press conference ended, Douglas Mather and Reginald Hannah got together again.

This time, their faces were worse than before, and their moods were terrible.

Before anyhow, I just wanted to attack the Mellon consortium, and all the targets were robbed. At least there was no loss on my side.

But now, the war is directly on him, and Wells Fargo is still directly targeting the Cleveland consortium's pockets.

The money bags were caught or infiltrated, and the four major families' right to speak to the consortium absolutely plummeted.

When the shareholders of other companies see the wind, it’s over!

"It can only be this way!"

"I just thought about it carefully. All the funds of our four companies are used to increase the shareholdings of several major financial companies. It is only expected that even if the shares can be acquired, the purchase price will be very high."

"In addition to our private contributions, I suggest that companies such as Cleveland Trust Company and Cleveland National City Bank use funds to acquire each other's equity. As long as we maintain our current control of these companies, then all companies can be stabilized at the same time."

Douglas Mather said his thoughts gravely.

The other people looked at each other, not in the first time, calmed down and thought.

After a while, Kenneth Humphrey suddenly put forward a speculation that made everyone feel tricky: "At the press conference, Alman Simmons said that he was going to initiate acquisitions of companies such as Cleveland Trust Company and Cleveland National City Bank. So besides these two companies, which companies does he plan to initiate acquisitions?"

"Did you initiate acquisitions of all the five financial companies we control?"

"Or is it a combination of reality and reality, and only intends to initiate an acquisition of one or a few of them?"

"Or, is it that the company does not intend to acquire, but only wants to profit from it by malicious sniping?"

This series of questions made the other three irritable.

Just the answers to these questions, if you really want to know, you can only ask Aalman Simmons.

"We have no choice, unless we don't care!"

"Or I think, in fact, Wells Fargo has already made a number of plans. Maybe we relax on which company they want to buy. If all five of our companies are insured, then they will make a profit and leave..."

Sam Eaton shrugged helplessly and sighed.

"If I were Alman Simmons, I would do the same."

"Regardless of the result, we actually lost..." 166

Douglas Mather accepted Sam Eaton's analysis. He laughed self-deprecatingly, a trace of regret suddenly rose in his heart, and the negative emotions were rapidly expanding.

The Wells Fargo Bank of the North Star Consortium is really a lion. I would have known it for a long time and I wouldn't mess with it. I would have been led by the nose before getting angry.

"Forget it, protect all five of our companies."

"Who cares will lose, so we lost at the beginning."

"If our control of these banks and financial companies can achieve the control of Polaris Capital over Wells Fargo, we can also not worry about the enemy launching an attack on us in this regard, ha ha~"

Kenneth Humphrey looked at Douglas Mather and said these words to make him look better.

After all, it was Douglas Mather who proposed to pit Wells Fargo.

"That's it, let's discuss how to act as quickly as possible..."

…

The Polaris Consortium is able to thoroughly implement Xia Yu's will, and the execution ability is naturally extremely high.

In fact, after Xia Yu called Peter Lynch last night.

Peter Lynch summoned the manpower overnight to study and deploy the operation.

When Alman Simmons held a press conference in the morning, the Polaris consortium had already started.

Not only the five financial companies controlled by the Cleveland Consortium, but also other companies have also become the targets of the Polaris Consortium.

This time, Xia Yu's purpose is simple.

The Cleveland consortium must be beaten.

The strength of the Polaris Consortium ranks tenth in the United States, and the position is a bit behind!

It is temporarily impossible to dismember the Cleveland consortium like the Chicago consortium.

But as long as the Cleveland consortium's decline is fully demonstrated, then other consortiums will never miss the opportunity to go downhill.

The strength of the Cleveland consortium is weaker than the Mellon consortium. The Mellon consortium with a family at its core can be besieged. What about the Cleveland consortium with a worse core cohesion?

At noon that day.

There was news that Wells Fargo’s acquisition team was already in contact with shareholders of the American Financial and Insurance Group. 78 Chinese Network

Not to mention on the stock market, the stock prices of all five companies are rising, and trading volumes continue to rise. UU reading www.uukanshu.cóm

Just when the eyes of the big bosses from all walks of life were attracted by these five companies.

The Polaris Consortium has launched an offensive against some other companies under the Cleveland Consortium that have insufficient control.

The goal of the insurance company is surprisingly a national mutual insurance company.

This financial company, established in Columbus, Ohio in 1925, was not originally part of the Cleveland Consortium, and now it is only the hunting target of the Cleveland Consortium.

With the support of the Polaris Consortium, the insurance company has become the fifth largest auto insurance group in the United States.

The National Mutual Insurance Company is currently the eighth largest auto insurance service provider in the United States, and it is also the ninth largest home insurance service provider in the United States.

The National Mutual Insurance Company has a foothold in Ohio, and when expanding its business nationwide, it also leveraged the resources of the Cleveland Consortium. Therefore, as an exchange of benefits, the Cleveland Consortium successfully penetrated the company.

At present, some companies in the Cleveland consortium hold a total of 20.4% of the equity of the National Mutual Insurance Company.

Relying on this shareholding ratio, although the Cleveland consortium has great influence in this company, it still loses to the power of other shareholders.

This gives the insurance company a chance to get started!

at the same time.

Xia Yu's New York branch of Jiuding Securities Co., Ltd., also in the New York Stock Exchange, began to acquire shares of Cleveland Natural Resources.

When Xia Yu was in trouble with the Cleveland consortium, the Mellon family's defensive actions encountered serious obstacles.

It is not the small role that makes Leonard Mellon stressful, but the Rockefeller consortium.

So Leonard Mellon had to ask Xia Yu for help.

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