She had always felt that the most distinctive thing about Abel was his calm and calm temperament brought about by his strong self-confidence.

She found it very charming, and coupled with her repeated successes, it also inspired others to have invincible confidence in Abel.

Infected by this kind of confidence, Anne also felt that she was fully capable of guarding her position next to Abel on an occasion like tonight!

After Abel and people from several major organizations left to discuss things inside.

The well-behaved lady Anne Hathaway is full of aura. She looks at the numerous Hollywood she-wolves around her.

It seems to be saying——

"Come on, Biluchichi, you can use whatever tricks you have, I'm not afraid of you!!"

The place where Abel met with the top executives of the five major investment institutions was an open-air balcony on the second floor facing the reception.

When Abel attended his first Hollywood reception last year, Michael Ovitz's layout was almost the same.

The slightly larger mansions on the West Coast seem to like this design.

Talking in this kind of place can ensure a certain degree of privacy, and at the same time, it can be known that they have not left the drinking party.

When he was on the balcony, only he, the heads of the five major organizations, and Edward were left.

Abel confessed to these people why he had invited them here.

That is, Abel, on behalf of Pacific Commercial Bank, wants to acquire the shares of American Express held by these institutions!

"My arrival will not change anything. American Express will continue to implement its original development strategy. While maintaining financial stability and a good capital return plan, it will invest more funds to develop markets to increase profits in the future.

income to better return shareholders’ investment.”

"I think this kind of thing is something that all shareholders of American Express are happy to see and support."

Abel raised the corners of his mouth with a calm smile, stretched out his fingers and drew a circle in the air, his eyes were bright and confident.

He looked at the heads of several large institutions around him, and tried to persuade them, hoping to gain the support of these major shareholders of American Express so that he could easily seize the power of the American Express board of directors.

Since last year, he has been wanting American Express, the only service company on the Dow Jones Industrial Index.

He invested heavily in this effort, even using Smith Capital's shares to acquire a large number of American Express shares from Buffett.

And in the primary market and secondary market, it has been tirelessly acquiring shares of American Express.

But half a year has passed, and so far, Abel still only holds 30.96% of the shares of American Express.

When Abel acquired Sempra Energy, the triangle diagram news produced by American Express executives with the support of certain shareholders exposed Abel's intentions.

Many investors and these large institutions feel that he is determined to win American Express.

This has made American Express's stock very strong on the stock market in the past six months.

Even after the September 11th disaster, it didn’t fall much.

Seeing this, Abel decided to show off his cards.

No more pretending, I just want to acquire it, and at the end of the day I want to take charge of American Express and become its chairman!

Abel showed his ambition to acquire American Express, which made the five leaders present at Fisher Asset Management Group, American Vanguard Group, Fidelity International Investment Fund, State Street Bank and Wellington Management Group think deeply.

However, I thought that Abel Smith had firmly obtained so many American Express shares from Buffett before.

There are also subsequent acquisitions in the market, and they are somewhat relieved.

Having made so much preparation in the early stage, it is understandable that I want to join American Express Company.

After all, from many perspectives, many of American Express’s businesses are indeed very powerful complements to American Pacific Bank of Commerce.

Not to mention merger, even cooperation is very attractive to Pacific Commercial Bank.

"So, Mr. Smith, what's your offer?"

The CEO of State Street Bank was the first to ask.

They are investment institutions, and the pursuit of profits is the most important thing. If short-term profits can be maximized, they will not hesitate to agree to Abel's offer and sell their shares in American Express.

As for whether American Express will change hands, some shareholders are not happy, and these are not within their scope of consideration.

But what is certain is that the original senior management of American Express is no longer able to control the company's future destiny.

"$18, which is a 25% premium based on the stock price in recent days."

When Abel acquired American Express shares last year, its shares were hovering around $13-$14.

In parallel time and space, its stock will fall to 8-9 US dollars per share at this time.

In this time and space, because of Abel, major institutions and investors believe that its price will increase.

This has kept American Express's stock from falling.

When the September 11 disaster plunged, it actually managed to hold on.

It has been maintained at around 18-20 US dollars, neither rising nor falling.

These guys were just betting that Abe Smith would make a takeover.

You’ve been preparing for the foreplay for so long. With Abe Smith’s character, there’s no way he won’t do it, right?

So Abel hasn't finished his first quotation yet.

The CEOs of the five organizations present all smiled and shook their heads in unison.

This quotation was far from their psychological price, so they shook their heads without hesitation to express their feelings.

"$25."

Abel originally knew this would be the case, these guys are always so greedy.

He made a new offer, a second offer.

But these five guys seemed to have a tacit understanding. After listening, they started shaking their heads again.

"Cash payment."

Abel ignored the shaking heads of several people. He had no intention of buying up all the shares held by these large institutions.

As one of the most well-known institutional stocks in the United States, it is the only service company in the Dow Jones Industrial Index.

Wanting to wholly control American Express is actually similar to controlling military giants such as Raytheon Company.

Perhaps the latter is a bit simpler. The latter only needs to obtain the consent of the military-industrial complex and it is very easy to acquire shares.

But for institutional stocks like American Express, you can't buy them unless you spend two or three times as much money.

Otherwise, even if you can acquire it, you can only acquire its shares bit by bit.

But Abel also believed that as long as he announced to the outside world that he would acquire American Express shares at a price of US$25 per share.

Of the more than a thousand institutions that hold American Express shares, many will definitely choose to sell them.

As for the five major shareholders present, Abel needs their support even more.

Supported him to replace the board members with his own people, and eventually Abel became the chairman and took control of American Express.

Looking at the CEOs of the five major organizations who still refuse to be satisfied.

Abel no longer talked about acquiring shares, but offered another temptation.

He smiled and said:

"Everyone knows that the global economy has been sluggish in recent years. Last year the Nasdaq bubble just happened, and this year there was September 11. Now there is a war going on, and no one knows what the future will be like."

"At this time, I think the more cash you have on hand, the better it is."

"Let's put it this way, gentlemen. If I can be allowed to take over American Express, how about I take all the profits of American Express in the next few years as dividends?"

In Abel's view, it seems impossible to directly acquire Express Company.

The triangle news incident had exposed his intentions.

It is difficult for him to make a sudden attack and directly take down American Express.

At the suggestion of the Smith Intelligence Group, Abel decided to take a roundabout action.

He planned to control Express Company first and let himself be in charge of the company first.

And this will be a step-by-step process and cannot be achieved overnight.

Because 65% of the shares of Express Company are still in the hands of major institutions.

To a large extent, this is a fatal problem.

If he wanted to truly control American Express, Abel could only coax these major shareholders to slowly take control of the company.

As soon as Abel's proposal was uttered, the eyes of the five people present lit up slightly.

Then they looked at each other.

In fact, Abel has a headache for them, and big institutions like them also have a headache for Abel.

Abel now controls 30.96% of American Express shares. To be honest, they also know that there is absolutely no way to stop Abel Smith, a super rich man, from continuing his acquisition plan.

They originally just wanted to make a fortune.

Now Abe Smith hopes to buy American Express at a relatively small price.
To be continued...