Chapter 648 (1/2)
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...”