Rebirth of the Strongest Tycoon - Vol 3 Chapter 1426

As the only company established in the twentieth century among the four major grain merchants in the future, the reason why ADM was able to grow so fast is inseparable from Duane Andres.

In the 67 years between 1902 and 1969, ADM developed rapidly, but it followed business logic, and it could only be considered good, not excellent.

Until 1970, ADM’s total assets had just reached 450 million U.S. dollars.

In 1970, it was a watershed.

This year, Duane Andres adopted a series of measures to strongly take over the ADM company, and then ADM company entered the fast lane of development.

Because Duane Andres is a “combination of government and business development company” principle, so in 1948, at the age of 30, he generously invested in Hubert Humphrey, who was in his pocket at the time. Support him to run for the Senate.

With his strong support, Hubert Humphrey got higher and higher in politics, and even served as the 38th Vice President of the United States from 1965 to 1969.

After Duane Andres entered the ADM company in 1970, he immediately sought help from Senator Hubert Humphrey after failing to run for president.

Hubert Humphrey is also a good brother of Duane Andres. He used his power to urge the government to formulate relevant laws to support the development of the sugar industry in the Senate Agriculture Committee.

And Duane Andres has already achieved great success in investing in high-sugar corn products.

The combination of power and capital was once again successful.

Duane Andres began to lead the development of ADM company in large strides, using his power to boost the company’s development time and time again.

Fifteen years later.

ADM’s total assets reached US$4.579 billion, ten times that of fifteen years ago!

Of course, the achievements of ADM could have been higher, but it is a pity that Hubert Humphrey, a “political heartthrob”, died unexpectedly in 1978, causing Duane Andres to lose his greatest Boost.

Even if he kept saving and re-establishing the relationship later, it was not as good as when Hubert Humphrey was there.

After all, in the final analysis, Hubert Humphrey was supported by him when he was in despair. What is the icing on the cake for the relationship shaped by the help of the snow?

What’s more, not everyone can reach the height of Hubert Humphrey. If you want to invest in the right person, you need not only an extraordinary vision, but also a huge bonus of luck.

So since the death of Hubert Humphrey in 1978, ADM’s growth rate has slowed down relatively.

But the development momentum is still the most ferocious group of companies.

This is related to his style of behavior that he has shaped for decades.

He is a true capitalist, and he can trample the law again and again without compromise for his own benefit.

In the capitalist United States, the government serves capital. As long as it has enough capital, it can trample the law on the ground again and again, and countless lawyers, under the lure of green U.S. dollars, will do their best to drill the law. Thousands of warehouses and hundreds of holes!

In the United States, only stronger capitalists can hold down capitalists!

…

After getting Xia Yu’s order.

Peter Lynch immediately summoned a think tank to formulate a lore plan.

And after the lore plan is done, he intends to give Duane Andres one last chance to look back!

ADM corporate headquarters.

The acquisition team once again came to Duane Andres’ office.

Stanford Rex, the head of the acquisition team, went straight to the point: “Mr. Andrés, you should understand our intentions, you should understand that, $1.36 billion, you will transfer all the 67.9% of the equity held by your family to us. !”

After all, Stanford Rex put the prepared acquisition agreement in front of Duane Andres.

But Duane Andrés’s face became cold and he didn’t even look at it. He pushed aside the acquisition agreement and resolutely said: “Manager Rex, I said, I will not sell ADM, we Nothing to talk about!”

After speaking, Duane Andres kept rolling in his heart, he knew that Stanford Rex was threatening him.

ADM’s total assets are US$4.579 billion, of which total liabilities are US$2.574 billion and net assets are US$2.005 billion.

Last year, ADM also had a turnover of 3.823 billion U.S. dollars and a net profit of 134 million U.S. dollars.

The price set by Stanford Rex, the valuation of ADM, is exactly the amount of its net assets!

While ADM is a non-listed company, the company’s financial report is also very confidential and has not been announced to the outside world, but Stanford Rex clearly knows it.

Stanford Rex did not change his face, took a deep look at him, and said again: “Mr. Andres, we have a 20% premium, 1.63 billion U.S. dollars. This is our last offer. .”

“I hope you think about it.”

“Don’t think about it, even if you double the premium, I won’t sell it!” Duane Andres snorted coldly and refused without hesitation.

“Boom!”

Stanford Rex tapped his fingers on the desktop and said in a more serious tone: “Mr. Andrés, you have been in business for more than forty years. You should understand that the assets you can hold are your assets. .”

“Now we are looking for the door and want to make friends with you.”

“With this money, you can enter other industries, and we are willing to help you. This is a bright road for you.”

Speaking of this, Stanford Rex paused. After seeing Duane Andres’ eyes drifting, he smiled and said, “You should understand that there are things that you can’t stop and will happen. It will happen.”

Duane Andres’ pupils shrank sharply, staring at Stanford Rex, who looked at him calmly.

A wave of anger rose in Duane Andres’ chest, and his expression kept changing. Finally, he thought of the 67.9% equity held by the family, and he was not afraid of others taking it away, so his heart was cruel, and his face instantly cooled down.

“President Rex, I will not sell ADM, and no one will take it away!”

Stanford Rex chuckled, stood up without any haste, adjusted his suit, motioned to his subordinate to put down a business card, then fluttered a word and turned away.

“Sixteen years ago, ADM belonged to the Dennis family, and they definitely said they would never sell it.”

After watching Stanford Rex with a cold face, Duane Andres finally couldn’t help it, and smashed the pen holder on the desk to the ground with an angry face.

“boom!”

“Damn it, threatening me!”

“Your Polaris consortium is very powerful, but there is no better than you. It is pressing me, and I will sell the company to other consortia!”

After a few swear words, the anger in Duane Andres’s heart subsided a little.

But having said that, the pressure in his heart is not reduced by one point.

After all, the prestige of the Polaris consortium is too great. It participated in the dismemberment of the Chicago consortium and joined the Mellon consortium to defeat the Cleveland consortium.

Compared with the Polaris consortium, their Andres family is just a child.

He must pay attention to the threat of Stanford Rex.

After nearly an hour of contemplation in the office, UU reading www.uukanshu.com Duane Andres immediately called and asked his son Darnell Andres to put down his work and come to his office as soon as possible. .

His son Darnell Andres, who is 45 years old this year, is his right arm and the best member of the family, and his heir’s status has long been unshakable.

In ADM, he has been working for 16 years and has been a vice president since he took over in 1970.

The ADM company said that it grew in his hands, rather than the two of their father and son.

Soon, Darnell Andres hurried back.

It’s just that Duane Andres didn’t even count it. The Polaris consortium’s attack did not fall on ADM, but on his son Darnell Andres.

It was only the second day that the FBI under the US Department of Justice entered the ADM company and arrested 32 employees headed by Darnell Andres!

Reason for arrest-malicious manipulation of food prices!