Chapter 336 The Disappointed Hollywood She-Wolf(2/3)
So now she is not as active as she will be in the future. She will stay with her husband all night tonight and never stay away.
At this time, with Murdoch's permission, Wendy Deng, who had long wanted to take the initiative, was very happy.
She was very happy in her heart, but on the surface she was still very gentle and said: "I understand, I'll go right away."
Wendy Deng suppressed her excitement and went over there.
After his young stepmother left, James Murdoch spoke frankly to his father:
"Father, I still don't like her, even if she is your wife."
News Corp. CEO Raven was a little embarrassed at this time.
He didn't want to hear about this kind of family affairs of the Murdoch family. Hearing too much would only cause trouble.
Murdoch glanced at his son and said, "Don't mention it in front of her, that's it. Smith and the others are here."
James looked up and saw the CEOs of five investment institutions and Abel coming down.
Little Murdoch shut up immediately.
Abel and others who came down from the terrace undoubtedly attracted the attention of everyone at the reception.
Including Anne's small circle, which already has an additional Wendy Deng.
In this small circle, Gwyneth Paltrow, Angelina Jolie and other members of the "Bibi Gechi Sisterhood" of Hollywood actresses are also present.
However, everyone including Anne and others discovered that after coming down from above.
Abel actually waved to Annie directly and waited for Annie to pass.
He took Anne with him again and went to Murdoch's place to have a few words.
In the end, Murdoch took his son with a smile and sent Abel out personally.
In other words, Abel and Anne just left the reception.
"What's going on?"
Gwyneth Paltrow, who had been getting close to Anne just now, was dumbfounded.
This queen, who has mediocre acting skills, has a good Hollywood background, and has Spielberg as the godfather, said in surprise.
"I don't know." Angelina Jolie muttered.
Even though he was very reluctant to let go, the reality was that Abel ignored the existence of Hollywood she-wolves like them, and left with Anne after the discussion.
Many of the plans of these Hollywood she-wolves have come to nothing.
The next day,
This day is November 6, 2001.
While it's starting to get cold in New York, it's still very warm here in Los Angeles.
For the executives of American Express, a company on the Dow Jones Industrial Index, and some shareholders.
Something happened today that made them feel cold inside.
In Los Angeles on the West Coast, Abel officially announced his plan to acquire American Express for US$28.9 billion.
As soon as this news came out, it immediately shocked the global financial industry and tourism industry.
American Pacific Commercial Bank, owned by Abel Smith, plans to launch a tender offer for American Express.
Acquisition of American Express for US$25 per share in cash, involving a total value of US$28.9 billion.
As of the time of publication by various media outlets, American Express's stock price rose by more than 5% before the market opened.
Some media directly estimated in the press release that before the stock market closes today, American Express's stock will likely rise by more than 60%!
Because before Abel launched this tender offer, the share price of American Express was $17.5.
From $25, there is a premium of nearly $8.
This premium has almost reached 50%.
Combined with the person who acquired American Express, it was Abel, the richest man in the world.
There will definitely be many retail investors entering the market, hoping to raise some shares of American Express so that they can enjoy some soup during Abel's acquisition of American Express.
This is bound to drive up the stock price, which can easily exceed $25 per share.
Some media even claimed that once the transaction is successful, it will not only be the largest merger and acquisition in the global banking and financial industry this year.
It will also make Abel Smith a real commercial banking giant and solidify his wealth foundation.
It may even have a direct impact on the existing banking situation in the United States.
Behind this sky-high acquisition plan that may overturn the structure of the U.S. banking industry, the 21-year-old genius investor, super media tycoon, and world rich man Abel Smith has once again become the focus of the world's news media and banking industry.
Although it has yet to be determined whether the acquisition can actually be completed.
But the acquisition of American Express is very consistent with Abe Smith's character of "acquisition maniac" in the past two years.
There may seem to be no warning, but in fact, the plan has been planned for a long time. When a sudden attack occurs, it will be followed by strong cash strength, and the opponent may not be able to fight back.
There was Sempra Energy Group in the past, and there are examples of many other companies out there.
Everyone unconsciously believed that it was only a matter of time before Abel Smith's acquisition was successful.
An hour after Abel's press conference ended.
American Express responded immediately that it would review the proposal and act in the best interests of shareholders.
Kenneth Chenault, CEO of American Express, immediately accepted an interview with the television media.
What this person meant implicitly was that American Express was not willing to be acquired, and American Express could create a new round of value for shareholders by relying on its own strength.
However, everyone including American Express itself knows that this is just wishful thinking on their part.
For Abel Smith, who has made sure to succeed every time he makes a business move in the past two years, the ideas of the acquired companies are of no use at all.
The NBC TV incident is not included because both parties are still in contact and the process has not been started.
After the press conference, Kenneth Chenault also quickly left for New York.
Kenneth Chenault invited a group of company shareholders who had supported him to hold an internal meeting in New York.
At that time, Abel was acquiring Sempra Energy.
Kenneth Chenault dared to step out because of the support of these people.
It can even be said to be coercion.
Otherwise, Abel has always been relatively gentle in his treatment of the original management of the acquired company.
As a senior beater, Kenneth Chenault really didn't have to fight him.
However, Abel was not the majority shareholder at that time, and other shareholders asked Kenneth Chenault to do this.
Even though Kenneth, the migrant worker, was a little uneasy, he had to stand up at that time.
In the media, he maliciously exposed the transactions between Abel and Buffett.
He also slandered them as "people acting in concert."
This matter was a great risk for Kenneth Chenault.
If Abel or Buffett were to take control of American Express, it would be just to establish their authority.
I will also kick Kenneth Chenault, a CEO who dares to talk nonsense.
Kenneth Chenault was in a dilemma.
But in the end, he succumbed to the pressure from shareholders and chose to stand out.
After all, Abel couldn't do anything to him at that time, but shareholders united to make him step down.
In addition, if Abel really takes over American Express, there will be a certain degree of uncertainty.
Kenneth Chenault was somewhat worried and stood up.
Well now, trouble has come.
Abel made it clear that he wanted to get American Express.
Kenneth Chenault felt that as a small CEO, he had narrow shoulders and could not carry it, so he had to find support from the big shareholders behind him.
He mobilized his network and invited over the shareholders who asked him to refuse.
Kenneth Chenault wanted to get the support of these people.
In order to avoid being fired by Abel after Abel's acquisition is really successful.
Even if you know it's unlikely.
But for this position with an annual salary of more than ten million US dollars, Kenneth Chenault had no choice but to do it no matter what.
It was only when he arrived in New York and arrived at a property owned by Express Company.
Kenneth Chenault's heart suddenly went cold because of the more than two dozen shareholders he had met with.
Only about half of them came, that is, about a dozen shareholders.
To be continued...