Chapter 1009: 344, the Fate of the Rothschild Family
Although Paul Warburg has gone to Washington,
the statent from Warburg Company has still been released. Although everyone knew that Warburg Company would surely make a statent regarding the acquisition by Four-Sided Investnt, they couldn’t help but grumble when they saw Warburg Company’s statent, as it wasn’t what they wanted to see!
The “New York Tis”, as the newest subsidiary of Warburg Company, undertook the responsibility of delivering Warburg Company’s statent!
“Our firm firmly opposes the acquisition proposal from Four-Sided Investnt!”
At the beginning of the statent, Warburg Company’s stance was unsurprising; everyone expected that Warburg Company wouldn’t be willing to see themselves being acquired.
What everyone anticipated was that the following content of the statent should indicate Warburg Company proposing an appropriate price to counter the acquisition move by Four-Sided Investnt, regarding purchasing Warburg Company’s stock.
However, in the subsequent declaration, Warburg Company did not say so but instead listed its investnts, which included shares in General Dynamics, Pennsylvania Railroad Company, Southern Pacific Railroad Company, Bethlehem Steel Corporation, Kennecott Copper Corporation, and Westinghouse.
At the sa ti, Warburg Company also listed their real estate investnts over more than a year in Florida and their two hotels in Atlantic City.
“…These assets combined with Warburg Company’s own business bring the entire company’s market value to around 2 billion US Dollars. Now, Four-Sided Investnt intends to acquire Warburg Company’s shares with just over 600 million US Dollars market value, which is an insult to investors. No Warburg Company stockholder should be fooled by the imdiate profit!”
Donnie, of course, saw the statent at the first opportunity.
“It seems that Warburg Company truly doesn’t have much cash!” Donnie said with a smile.
“Boss, I think we should still be cautious. Although Warburg Company didn’t ntion acquiring their own shares in the statent, they did inform everyone of Warburg Company’s true value, which might make those originally looking to sell hesitate!”
Café Jackson reminded Donnie.
Donnie laughed and said, “There’s nothing to be cautious about; the matter of swallowing Kuhn, Loeb & Co. consortium has developed beyond the point where a few statents can change anything now.
Initially, people will naturally feel dissatisfied, but you must understand the asset value and market value are two different concepts. Asset value belongs to the company, while market value belongs to the market.
Even if Warburg Company’s assets are worth 10 billion US Dollars, it cannot change their market value of only over 500 million US Dollars. These stocks held by stockholders are valued at this price; the stock price won’t rise just because their assets are high!”
Café Jackson shook his head and said, “I understand that principle naturally, but there will be those with greater desire!”
This ti, Donnie nodded, agreeing with Café Jackson’s statent, “So I estimate that after Warburg Company’s statent, it might slow down our acquisition speed of their stocks a bit, but don’t worry, over ti, everyone will still recognize this market value!”
Café Jackson saw that Tang Fei was so certain and did not dwell on the matter further, expressing, “Boss, I think when Paul Warburg returns from Washington to New York, he will certainly take so action, and we should still be careful!”
Donnie nodded and asked Café Jackson, “Keep an eye on those Jewish rchants; they are now the last backing for the Warburg brothers!”
Although Donnie had previously said that due to the “New York Tis”, the reputation of the Warburg brothers among the Jewish rchants in the United States was not as good as before, in reality, as one of the leaders among the Jewish rchants in the United States, the Warburg Family still had support from many Jewish rchants in this matter.
It’s just that the extent of such help is unknown!
“Understood!”
.
Paul Warburg walked out of an estate, looking lost and disheartened.
Even when his driver asked him twice where he wanted to go, Paul Warburg did not respond!
This was already the third National Congress mber he visited, but what shocked and terrified Paul Warburg was that all three of them expressed helplessness in this matter!
Even when Paul Warburg ntioned their shared fate of prosperity and decline, the other side remained unmoved!
This situation left Paul Warburg extrely fearful.
Because this ant that long before he was aware, Donnie and others had already begun plotting against Kuhn, Loeb & Co. consortium, otherwise, these people would not refuse him so decisively.
“These bastards, exactly how many benefits were they offered?”
Paul Warburg cursed and, seeing that the car hadn’t started yet, imdiately vented his anger on the driver: “Why are you still dawdling, do you want to let people laugh at us here?”
The driver knew that his boss was in a bad mood, so he dared not show any dissatisfaction and could only ask quietly: “Boss, where shall we head to now?”
Paul Warburg gave an address, which was the ho of another National Congress mber.
Although Paul Warburg knew all his connections might have already been bought off by them, he still had to try!
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