Vol 2 Chapter 510: : Another case of whale annexation

"Flannery's behavior is really crazy. I really worry that not only GE, which has a 131-year history, will be ruined in his hands, but Apple, which is about to go through half a century, cannot be spared."
After the meeting, Tim Cook turned his head to speak on Apple's board of directors. There were all kinds of worries between the lines. This thing just made people feel cold.
This group of people really did everything.
"Mr. Cook, what's the matter now?" A core member of the board asked, "Have John fired? Or can you confess it? Huh?"
"..."
This made Cook, who had taken over as CEO of Apple for more than ten years, speechless. This matter cannot be ended so far. John Flannery dared to be frank at the meeting. All this has been expected.
Is there a better way?
Get rid of John?
Cook's heart could not help thinking about the dark means, but found that even this would not work, because all the vested interests knew the truth.
If John Flannery was assassinated, everyone would be at risk by that time, and mutual suspicion would inevitably lead to more terrible consequences. At that time, neither Apple nor General Electric would be sacrificed or even affected. Elite group across North America.
At least the current insiders are the beneficiaries of this huge bond of interests. All glory and glory are lost. Cook believes that when the major shareholders and capital consortiums learn of this shocking news, they will definitely make a response at the end of the meeting Preparation ... the worst preparation, in order to achieve some kind of terror balance and check each other.
No one is stupid. Obviously, no one dares to easily break that terrible balance.
When the shareholder saw that Cook was not talking, he continued to say, "Let me tell you Mr. Cook, not only will John continue to run GE, but he will also sit on the board of directors."
In this regard, Cook said nothing.
The other big capitalist with a smile on the face said innocently: "Everyone, think about the good things and annex CAISO. GE will complete the integration of power and energy in the western United States and restructure the company. Company GE Energy, we will have more than 70% of North America ’s power energy, plus GE ’s main business large machinery, then in the next negotiations with Chinese people, we will have a more active voice, John ’s behavior is in line with all shareholders The benefits are just a little overdone. "
a little? Is this called slightly overdone?
The western power outage affected the normal life of 70 to 80 million people, traffic in the western states was paralyzed, more than 76 people have been confirmed dead, and more than 20,000 people have directly or occasionally suffered different degrees of trauma, etc ...
When Cook saw his face kind and kind, he felt inexplicably cold. The most terrible thing was that he had already boarded the boat. If he had two hearts, he would never doubt that he would evaporate without knowing it.
Without turning back, he could only bite the bullet and go all the way to the black. He sighed inwardly for three minutes, and Cook groaned:
"The 14th US-China Business Leadership Roundtable will be held in San Francisco on June 27th. Before the conference is held, the merger and acquisition of CAISO will be completed as soon as possible. GE alone will not be so fast and more assistance is needed. "
"Rest assured Mr. Cook, all shareholders will use their resources to facilitate the acquisition of CAISO as quickly as possible."
...
In early June, Patrick Cohen, the chief executive of CAISO, took a special plane to Boston on the east coast of the United States, stopped in New York halfway, and stayed on Wall Street. The main destination was the General Electric headquarters in Boston because he received GE's current appointment. An invitation to dinner from John Flannery.
The current blackout in the western United States has caused CAISO to face an unprecedented crisis. At this moment, it is slipping into an insolvent situation. The collapse of the once-energetic energy giant Enron overnight in his mind.
How similar CAISO is now.
The current CAISO is simply a hot potato. No one dares to accept this huge swallowing hole, but Patrick is still trying to find a savior to turn the tide. No matter whether it is any capital or anyone, in order not to break the capital chain, he will take a loss and buy a loss I had to go on because I didn't go to the cell.
Huaxia people are very willing to accept. For example, the State Grid is not a matter of thousands of US dollars. This hole is filled, but it is obviously impossible. Old America will not let Huaxia Capital master North America unless its head is kicked by a donkey. The lifeblood of energy, this situation is not even theoretically possible.
Now the head of GE suddenly stretched out an olive branch. At this moment, CAISO, like a trapped beast, can't manage so much. Patrick knows that this dinner invitation is more about transaction negotiations, and now GE holds more than 100 billion dollars in cash Reserves, plus financing from the stock market, should be at least $ 150 billion in cash flow.
Connecting with GE is equivalent to indirectly connecting with the super giants such as Apple and Berkshire Hathaway.
Of course, other capitals have the ability to swallow CAISO, but after they eat it?
Eat such a debt, can not spit out real money, fools will do it.
Only GE can save CAISO. Patrick couldn't refuse this meal and transaction.
...
At the same time, all of GE's M & A teams received a message that the headquarters wanted the biggest acquisition target.
On June 3, the two leaders talked late into the night in Boston. After dinner, John Flannery was considering paving the way for globalization and looking for other acquisition targets to integrate oil and gas equipment and The Wärtsilä () of the power plant has further activated and restarted a "Lion Project" which has been prepared for more than ten years.
Soon after the dinner with Patrick, just a week ago, a team of GE's M & A experts began to calculate the geometry of the transaction value of the acquisition of CAISO.
General Electric's power generation equipment comprehensive enterprise GE Power (GE-Power) restructured, and new GE Energy broke new ground.
The CAISO crisis has not disappeared out of thin air, but the stock price is cheaper, but in John ’s view, this transaction is fully in line with his vision to reshape the General Electric Group ~ EbookFREE.me ~ The reshaped GE can be described as: It is to replace the
old banknote printing machine
GE Finance, which no longer makes sense, with the
new banknote printing machine
GE Energy, which should bring stable profits every quarter.
On June 12, GE held a shareholders meeting in Chicago. In order to meet with GE shareholders, CAISO executives rushed over by plane and stayed at a hotel near the venue.
What disappointed some of those involved was that GE's bid from GE Power's M & A team believed that the share price had been too high at $ 57.2 per share, which rose slightly to $ 61, which was a bargain.
But after learning that Patrick and Flannery met alone, the M & A team realized that the overall situation was set, and the two leaders had already negotiated everything in the wine.
A few hours after the shareholders meeting, news of the acquisition of CAISO spread. The $ 72.8 billion acquisition will be in John Flannery's strategic plan to restore GE's past integration and leave him a legacy. Milestone stage.
Whaling CAISO is a phased victory for John Flannery, which has formally established GE's integration of North American power and energy. The other blocks of the GE Group, including the field of home appliance machinery, are not idle, and some blocks are still being laid. However, the overall strategic direction has been determined, the pattern has been determined, and GE has already achieved a general trend in North America.
Ambitious John Flannery got the housework done, and the next negotiation with the Chinese people is the key to making GE dead.
All this led to the 14th China-US Roundtable Meeting with American Business Leaders, held in San Francisco on June 27.
...
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