The journey starts from the Titanic

With so many rooms, Schwab brought a dozen mistresses back to stay overnight. Maybe his wife could not catch the rape, right?Situ Nan guessed maliciously.

In New York, who didn't know that Schwab lived the infamous "fast lane life", and changing his mistress was faster than changing his underwear.

As for the swimming pool, fitness room, stables, garages, not to mention, there are all kinds of facilities, only those that have not been invented, otherwise all the luxurious things will be moved here.

Situ Nan looked greedy, and wished to learn how to build a manor larger than the Loreto Gardens, with beautiful clouds and many servants. When he closed the door, he lived the life of an ancient king.

Although Situ Nan has also seen Morgan and Mellon's homes, most of the most valuable items they have seen are invaluable collections.

The houses of those families are generally not very big, but the decoration is absolutely classical and exquisite. Their luxury carries a kind of restrained extravagance, instead of being naked like Schwab.

The guy Schwab even built a wine cellar with an area of ​​more than 1,000 square meters underground. The inside yard is full of wine, which Schwab collected from all over the world, bottled in barrels, red and white. , All kinds of brands, all kinds of years.

This made Situ Nan and Robles, the two newly fortune "Xiao Kai" eyes wide open, their speed of fortune can be regarded as keeping up, but the enjoyment of matching has not yet kept up.

In the past and present, although Situ Nan is not a poor person at the bottom, he is not a luxury person. Now he has earned unimaginable wealth in the past life, but he has never deliberately pursued those too luxurious but not real enjoyment.

While tasting the wine, he secretly greeted Schwab, a very extravagant fellow, in an unkind heart.

Chapter 126 Bethlehem United Steel Company That Shocked Wall Street

Not long after returning from the Loreto Garden in Schwab, Situ Nan met Eugene Fudge De Grace, and he traveled from Bethlehem to New York to meet Situ Nan.

Eugene Fudged Grace, who was born as an athlete, is tall and strong, energetic, well-educated and experienced, and is indeed the most suitable helm of Bethlehem Steel.

He proposed a diversified business strategy to build Bethlehem Steel into a super aircraft carrier integrating steel smelting, machinery manufacturing, shipbuilding, and military manufacturing. This idea was greatly appreciated by Situ Nan.

The talks went smoothly. After Situ Nan assured Eugene Fudged Grace in the new company, Eugene Fudged Grace suddenly became the most enthusiastic person for this cooperation.

After the Eugene Fudged Glass was settled, and the iron was hot, the shareholders of Bethlehem Steel Company convened an emergency meeting. In secret, the two steel companies quickly passed a merger resolution.

After evaluation by Robles Securities, Bethlehem Steel's market value is around $250 million, and California Steel's assets also exceed $200 million.

Since the California Steel Company is not listed, its value has been underestimated. In fact, the value of the two companies is almost the same, and most of the shareholders of both sides recognized this fact.

Therefore, this strong alliance is a rare opportunity for Bethlehem Steel, thinking that its business has expanded from the east coast to the west coast at once, completing the national industrial layout, and therefore becoming more powerful.

Because Bethlehem Steel has a strong reputation and is also listed on the New York Stock Exchange. In order to retain its license on the stock market, the name of the merged company is Bethlehem United Steel and Steel, or New Bethlehem Steel for short.

After the merger, the California Steel Company became a subsidiary of New Bethlehem Steel Company on the west coast, and all of its original businesses were merged into New Bethlehem Steel Company.

From the name, Bethlehem Steel Company merged with California Steel Company, but in fact Stuart did merge with Bethlehem Steel Company.

He is the biggest winner of this action. He originally held approximately 80% of the California Steel Company. After a proportional allotment, it became approximately 38% of the New Bethlehem Steel Company. In addition, Robles Securities originally held 16% of Bethlehem Steel’s shares are converted to approximately 8.5% of the new company’s shares, which adds up to 46.5%!

Although this number is not more than half, for a large company like Bethlehem United Steel with a market value of 500 million US dollars, almost no one can shake Stuart’s holding of this company.

People are afraid of being famous and afraid of being strong. In order to stay out of the limelight, Situ Nan did not want to write his name on the shareholder list of Bethlehem United Steel, so he transferred 38% of his personally held shares to his California investment registered in Los Angeles. Under the name of the holding company.This company was established solely by him.

Situ Nan wanted to hide behind the scenes to make money, but that does not mean that others did not want to show the limelight. Charles Schwab recently became the most popular figure in the United States. He got his wish as the chairman of Bethlehem United Steel.

As the chairman of the newly released second largest steel company in the United States, Schwab has naturally become the darling of the media.I don’t know if I have laughed too much recently. Schwab feels that he is several years younger, a little more energetic, and vaguely aspiring to leave Carnegie Steel to start a new stove.

The Bethlehem United Steel Company was born and caught everyone by surprise. Schwab, who jumped out at the right time, just met the curiosity of the public.

New York’s major media have reported the major news of the newly established Bethlehem United Steel Company, and Charles Schwab’s head appeared on the headlines of the newspaper.

The Americans once again saw Schwab’s demeanor, and the media then flicked all Schwab’s resume. Schwab once represented Carnegie Steel in negotiations with Morgan, and made great contributions to the establishment of U.S. Steel. Later, he had a feud with the old Morgan, and he ran out and founded the Bethlehem Steel Company. These deeds were all published in the newspapers.

People have come to realize that, oh, it turns out that this man named Charles Schwab was so awesome a long time ago. He actually did such a sensational thing, it's really amazing.

Shining auras such as Carnegie in the new century, new steel king, entrepreneurs and so on flew over Charles Schwab.

From starting from scratch to today's Bethlehem steel empire, does this not fit the American dream in American hearts?So many people began to regard Schwab as an idol. He seemed to suddenly replace Carnegie as the new steel king, a figure comparable to Rockefeller and Ford.

In short, Schwab was on fire, and even the German submarine incident, which was raging some time ago, was squeezed into the corner of the newspaper by Schwab's big head.

Schwab was excited, and once led reporters to visit his Loreto Gardens. He showed off his diligence, his talent, and his achievements to the media. Almost everyone's attention was attracted to him.

As for Stuart’s situation, it was tacitly ignored by the official Bethlehem United Steel Company. There are many reports about the California Steel Company, but the name Stone William is never mentioned.

In fact, only a few members of the board of directors know about Situ Nan. Others are different from the big boss who doesn't know him. They think Schwab, who frequently appears in newspapers, is the master of Bethlehem United Steel.

Another unknown person is Eugene Fudged Grass, not because he doesn't want to be famous, but because he doesn't have the time.

As the president of the new company, the company's big and small things are on his shoulders.He was busy integrating the original company’s personnel, organizing finances, arranging new personnel to take charge of the company’s new plans, etc. He was so busy that he had no time to take care of the ups and downs outside.

Situ Nan arranged a helper for Eugene. He was the former head of the California Steel Company, James White.This conscientious middle-aged man, after meeting Situ Nan, was finally able to show his ambitions and develop a small-scale Bok steel plant into a steel giant in the western United States-California Steel Company.

In addition, he has been in charge of mortar factories, rifle factories and other enterprises, which can be described as a great achievement.Over the years, his efforts and dedication to Situ Nan have been seen in his eyes and in his heart, so this time James White has also become the vice president of Bethlehem United Steel.But he can't walk away for the time being, the company in California still needs this old backbone to support him.

After Eugene Fudged Glass straightened out the company’s relationship, James White will become Eugene Fudged Glass’s deputy and Stuart’s representative in Bethlehem Steel. The pawn of Fudge De Grasse prevents the Bethlehem United Steel Company from leaving Situ Nan's control.

Overseeing Bethlehem United Steel is not only James White but also Robes Securities. Robes Securities is also one of the major shareholders of Bethlehem United Steel.

In addition to the Bethlehem United Steel Company, representatives of Robles Securities also entered the board of directors of large companies under the name of Stuart, such as Kodak, Occidental Petroleum, and Stony Foods.

Although they do not have many shares in these companies, they have become a link that closely unites these companies and provides financing services for these companies.

Before Situ Nan smashed a large bank as the fund settlement center of the consortium, Robles Securities played this role temporarily.

Chapter 127 Shocking Wall Street Continued

The merger was completed in just one month, and the government approval was passed shortly after the report was submitted.

Since there is still a giant American Steel Company in front, the merger of Bethlehem Steel will not involve monopoly law. The US government not only has no reason to reject Bethlehem Steel’s application, but also secretly encourages it.

The reason is simple. This merger is conducive to the mobilization of the US military industry, which is exactly what they want to see.

After the Germans fought hard and sacrificed the unrestricted submarine, the situation became more tense. As soon as the war was about to break out, the US government understood that it was impossible to stay out of the world anymore and participating in the war was an inevitable choice.

Imagine that once troops are deployed in Europe, the weapons and equipment of American soldiers will need to be provided by domestic companies. The huge demand for materials in the war is believed to have been secretly surprised by the U.S. government, who has watched the Europeans happily in the past two years. They will not understand. In this war for world hegemony, the United States must gather the industrial forces of the entire country and go all out.

In fact, it is not only Bethlehem Steel Corporation that initiated large-scale mergers, but other monopoly giants in the United States have acted, but the scale is not so large.

This is the largest merger of the United States in recent years. When the news was announced, the United States was shocked!

Before that, they had not heard any news, and suddenly they heard that Bethlehem Steel had merged with California Steel, the largest steel company in the west, and Wall Street was suddenly boiling.

Bethlehem Steel's stock price rose like a rocket. On the day the news was announced, it rose from the original US$150 per share to US$200, and finally rose to US$250.

However, there is still a price but no market. Wall Street investors are asking where to buy Bethlehem Steel's stock, and some speculators are trying to speculate.It is a pity that this time the design of the Bethlehem United Steel Company is too large, unless it is the big investment banks on Wall Street, otherwise ordinary speculators are also powerless.

After the merged Bethlehem United Steel Company digested the California Steel Company in a short period of time, it suddenly expanded its scale a lot, and its strength has also become the top steel military enterprise in the United States.

Now the war is about to start. As the Bethlehem United Steel Company, aspiring to become the largest arms manufacturer in the United States, facing such a favorable situation, how can it let go of a golden opportunity?A new round of scale expansion is also inevitable.In order to raise funds, Bethlehem United Steel Corporation has launched a new round of financing. It plans to issue 1 million new shares at a price of US$10 per share. The amount involved is US$50 million, accounting for one-tenth of the total equity. It is mainly used to invest in new construction. Shipyard and expansion of naval gun production.

The financing of the stock market was naturally handed over to Robes Securities. Robes patted his chest and said that he would certainly issue these 1 million shares of Bethlehem United Steel within a month.