America: My Time

Chapter 1283 General Motors

Chapter 1283 General Motors
Chapter 1273 General Motors
"Jimmy, congratulations on being able to go back to the US for Christmas. I hope you have a wonderful Christmas. I really didn't expect these old guys to react so quickly and agree so readily. It seems they are quite greedy. I originally thought you were going to spend Christmas in Beijing, China. It seems I was wrong." John congratulated Jimmy with a smile. As an American, he naturally knew the importance of Christmas.

“John, thank you for your blessing. But what do you think of Morgan’s proposal? General Motors has a lot of assets, and they can be considered high-quality assets. You will benefit greatly from taking over!” Jimmy looked at John expectantly. This was one of his tasks, and the most important one at that, since it concerned Morgan’s interests!
“Jimmy, you should know my relationship with Donkey, and you're even more aware of my feud with the United Auto Workers. You might say this to others and they might accept it, but it's a different story with me. It's only because Morgan spoke up; anyone else wouldn't even consider it. I simply wouldn't accept it. I don't lack for the automotive industry. You know the situation with Bentley Motors, especially since both GM and Bentley are huge. Even a merger wouldn't be easy; they'd have to remain independent, which would have a much greater impact on me. If you want me to accept it, I need Morgan to help me clean up the management team, just like in our previous collaboration. Otherwise, I cannot accept it.”

"That's not a problem. The boss said that as long as you ask, everything will be fine."

"That's good. I agree to this condition. We'll complete part of the deal in the first half of next year. I'll try to take over first, since you know I need time! The deal with those old guys like Rockefeller won't be until after Christmas, and there's more integration involved. I'll hardly have time to take over General Motors. I hope you can understand! Given our relationship, we don't need to complete the deal in three phases; two phases will suffice. But Morgan has to clear out all the potential problems for me."

Seeing that John had agreed to his proposal and also offered the benefit of completing the deal in just two phases, Jimmy breathed a sigh of relief and was also shocked by John's generosity. The entire deal, consisting of three phases, was worth hundreds of billions of dollars, and the loss to John would be considerable if the deal were completed in one phase earlier. No one could say anything about such sincerity.

“John, there will absolutely be no problems with Morgan. Even if there are, we will do our best to resolve them for you. Anyone who dares to stand in Morgan's way is Morgan's enemy and will be completely eliminated!” Jimmy has been following Morgan for quite some time, so he naturally knows what to say at this moment. John has offered such good terms, and if he doesn't react and still needs to ask his boss, then he would be neglecting his duty!

“Alright, I knew you wouldn’t let me down, Morgan wouldn’t let me down, and I also believe Morgan knows my thinking behind this deal, which is asset restructuring. If Dreamworld and Nvidia remain in my hands, not only White House, but even those old guys like Rockefeller would be uneasy. So I have to acquire them, I have to make a choice. Originally, I planned to exchange some other assets from Morgan, but since you’ve asked, I can only accept. After all, our relationship is there, and this gain or loss is not important!”

Only John could say such a thing. At least Jimmy wouldn't dare to say it, and neither would Morgan. The interests involved are staggering. Only John would make such a decision for the sake of asset restructuring!
“I understand your good intentions. I will tell the boss. I believe Morgan won’t let you down. We will always stand by your side. That’s Morgan’s promise!” Jimmy once again made a firm promise to John, and he had no choice but to do so.

"Alright, that's settled then. What assets those old guys can offer is up to them. After Christmas, I'll arrange for people to start negotiating with those old Rockefellers. We'll begin in Europe. I need some time to prepare in the US, as I still have a lot to take care of here! I'm even spending Christmas here these days, so you can imagine how busy I am!"

John's words sounded reasonable, but Jimmy knew that the reason John was spending the holidays in the capital was not because he was busy with work, but because he was avoiding people. He didn't want to get entangled with Rockefeller, the White House, and the donkey, so he was seeking peace and quiet in the capital. As for work, there was plenty of it, but it was definitely not as busy as John claimed. After all, professional matters should be left to professionals, which was John's consistent principle.

After Jimmy left, his younger brother Allen said, "Big brother, is this all the deal is? Your multi-billion dollar deal is just a verbal agreement, without any proof, not even a contract?"

This shocked not only Allen, but everyone else as well. This was a deal worth hundreds of billions of dollars, and an agreement was reached in such a short exchange without any discussion. This was quite a shock to them! Hearing this, John smiled calmly and said, "Yes, an agreement was made just like that. You find it incredible, too fast, and there's no proof, no repeated negotiations, but for us, those are all meaningless. Morgan's integrity ensures they won't renege on their promises, not to mention that they actually benefited this time. As for me, I don't need any contract. For us, a verbal agreement is no less important than a written one. If Morgan breaks his word, it will ruin their reputation. Do you think it's worth it? You still have a lot to learn. At our level, every word and action must be followed. That's the rule. Otherwise, why do you think we hate that guy, Lackton? Because he broke the rules. I don't even need to make a move; someone will deal with him. He's blocking too many people's interests! If I hadn't made this decision, if I hadn't reached this deal with Morgan, perhaps some people would have hesitated and needed Lackton to restrain me. Now, all of that is gone. They're all eager to seize their profits, and there's no longer any conflict of interest between us. So, it won't be long before Lackton is in trouble."

If before, Richard Lamb was used by those old guys to restrain John, and since Lamb's re-election, John's businesses in the United States have been targeted more than once, from this moment on, Lamb and the Donkey will have to restrain themselves, or they will have to face John's wrath, and no one will give them face anymore.

Seeing that Allen was still deep in thought, John shook his head again and said, "Alright, don't think too much. There are many things that you can't get involved in. Your shares will be delivered when you return to the United States. Don't get involved in anything that happens from now on. A storm is about to break out, and it's time for Donkey to pay the price!"

As John finished speaking, a hint of murderous intent crept onto his face. He had tolerated the donkeys for long enough, and it was time to teach them a lesson. Moreover, he had already prepared everything.

Smith opened his mouth, wanting to say something, but swallowed the words back. He understood that this was no longer something he could get involved in. Even if he was John's father, he had no say in such an important matter. This was no longer a personal or family issue, but a confrontation between the corporation and the White House, a counterattack by the corporation against the donkey. John now represented the corporation, not himself!
Smith didn't know what John was planning, but one thing he was certain of was that John's meticulous preparations for so long meant it would be a groundbreaking move. Without thorough preparation, John wouldn't have given up Dreamworld and Nvidia, and instead chose to trade with Morgan to complete the acquisition of General Motors.

In the eyes of American auto workers, John was not an easy person to talk to, but a truly ruthless one. He would never hesitate to relocate if he wanted to. If General Motors were acquired, they would have to think twice before causing trouble, lest they repeat the mistakes of those workers from years past. If John really lost his temper, they would likely lose their jobs. After all, Bentley Motors and General Motors had previously collaborated on a project in the South, which General Motors ultimately had to abandon for various reasons. If General Motors were acquired by John, they would have to seriously consider what to do.

However, John believed this news would soon spread in the United States. Donkey and Lloyd were unwilling to see Morgan succeed, but their actions would force Morgan to retaliate. Of course, other financial groups would also be involved, as no one wanted Morgan to succeed.

Morgan knew all this perfectly well. But he also knew that no matter how much he tried to conceal it, it would be useless. It was better to be blunt and tell those old fogies, letting the hidden enemies surface. Since he couldn't stop it from happening, he had to use it to maximize his gains, and the best way was to establish his authority. As for who Morgan would target, that would depend on who jumped out first and who Morgan could use against.

How many people can see through Morgan's strategy? And how many of those who can see through it can resist the temptation? That's the biggest problem. Also, this deal directly kicked Oil Capital out of the game. Will that cause unnecessary trouble? It's hard to say. So the current situation is very delicate!

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like