Wang Guanxi smiled and said, "Mr. Evan Cardinah, you don't have to be so stubborn. 10% of the B-class shares are now worth $600 million. I can buy them for $1 billion. In the future, everyone will jointly operate the Cardinah Health Group."

The Cardina family holds 25% of the shares of Cardina Health Group, of which 10% of the shares belong to Class B shares. One share has 10 votes of voting power and has controlled 52.8% of the voting rights.

Another 15% of the shares belong to Class A shares, and each share only has one vote.

If you sell the B-class shares, the Cardina family business belongs to Wang Guanxi.

This is a top 100 companies in the world and has great influence.

What kind of joint operations? Let's go and cheat.

Evan Cardinah was about to say something, Wang Guanxi said again: "Mr. Evan Cardinah, I know that your account will soon be liquidated. Once your account is liquidated, there will be not enough buying orders that you are forced to close. The Dow Jones Index will inevitably plummet, and your losses will increase. However, I can promise to close the short orders on the Dow Jones Index to hedge you."

Evan Cardina put his hands on his thighs and pressed them hard, his palms covered with sweat.

At present, the Dow Jones Index has fallen to 8020, and his account will soon be liquidated. If the long orders of 600,000 lots are forced to close, it is equivalent to shorting the Dow Jones Index in the market. You can imagine how badly the Jones Index will fall.

At that time, the average closing position will be much lower. For example, he starts to lose his position at 8,000, and then the Dow Jones Index plummeted by 400 points. His average closing position may be below 7,800, and he will lose 200 points more.

If Wang Guanxi is willing to close short orders on the Dow Jones Index, it will offset a lot.

In this way, he will reduce some losses after the stock is liquidated.

However, if he handed over Cardinah Health Group in this way, he would be really unwilling to accept it.

Although Cardinah Health Group currently has a share price of US$21 per share, with a total share capital of 290 million shares and a market value of US$6.09 billion, its turnover is extremely high, with a world-wide top 500 companies with 40,000 employees.

Very influential.

"Mr. Wang, we sell 5% of the class shares and 8% of the class A shares, what do you think?"

Wang Guanxi shook her head: "I only have the 10% Class B equity, and the market price is US$600 million, but I will give you US$1 billion, with a premium of US$400 million."

Evan Cardinah gritted her teeth and said, "I want $1.2 billion for the premium!"

Usually, acquiring companies requires a premium, but this is a Fortune 500 company with huge turnover and huge operating costs, and a huge interest chain. Here, if the control of the Cardinal Group is sold, it is equivalent to giving up the interest relationship network that the Cardinal family once built, which will also affect the family's other industries.

But now he himself is in danger and urgently needs funds to reduce losses. He has to agree to Wang Guanxi's acquisition offer.

But he hopes the price is a little higher.

"Mr. Wang, our Cardina family has operated Cardina Health Group for nearly 40 years. It has now become the largest pharmaceutical supplier in the United States, with extremely high sales and is also among the top in the world's top 500. With Cardina Health Group as its core, it has a huge circle of interests, with US$1.2 billion, which is definitely worth it!"

Wang Guanxi smiled and said, "Evan, Mr. Cardinah, that's $1.2 billion. In the future, the Cardinah family can jointly operate the Cardinah Health Group with us!"

"The companies under my control include Ford Motor Company, Macy's Department Store, Messi Pizza Company, Wusan Bank, Huntington Bank, China Bank of America, Silicon Valley Bank, Hawaii Bank, and Hawaiian Airlines. They are already considered small consortiums, but I hope to expand the sphere of influence of the consortium and build a consortium that affects the economy, politics and diplomacy of the whole United States in the central United States!"

"Welcome to your Cardina family to join here"

Currently, Wang Guanxi's consortium includes the Ford family, the Messi family, the Monagan family, and some small families.

Evan Cardinah quickly agreed, "Mr. Wang, that's my honor."

He also knows that a new force has emerged in Ohio and Michigan recently, including the Messi family, Ford family, Monagan family, and some bankers, including Wang Guanxi, the financial tycoon, formed a consortium.

It owns Macy's Department Store, Messi Pizza, Ford Motor Company, Huntington Bank, Wusan Bank, and Huamei Bank and Silicon Valley Bank in California in the eastern United States.

Unexpectedly, Wang Guanxi also owns Hawaiian Bank and Hawaiian Airlines in Hawaii State. Obviously, the person who spent $550 million to buy Lanai Island from Murdoch was undoubtedly Wang Guanxi.

This Wang Guanxi is very mysterious. He controls this rising consortium and never shows up in the media, does not work in any company, does not participate in gatherings or dinners of the rich, but just holds private gatherings on the ranch, which is extremely secretive and low-key.

If he hadn't come to Huntington Bank, he wouldn't have known that the person who controlled a consortium was such a young boy, which would have really subverted his views.

It’s good to join this consortium, everyone is a community of interests.

So Wang Guanxi mortgaged some of the shares of Citibank held by the No. 2 Fund to Bank of America, and borrowed another $1.2 billion, and then paid it to the Cardina family, and obtained 10% of the shares of Cardina Health Group, all of which are Class B shares and have 52.8% of the voting rights.

After obtaining US$1.2 billion, the Cardinad family repaid a $1 billion loan from Huntington Bank and Wusan Bank, and redeemed a 25% stake in Cardinad Health Group, which was mortgaged to the two banks.

Among them, 10% of the equity is Class B shares, which belongs to Wang Guanxi's No. 2 Fund. Then, the No. 2 Fund donated all of these 10% of the equity and 2,900 Class B shares to Wang Guan Charity Foundation.

Wang Guanxi said to Evan Cardinah: "Mr. Cardinah, we will jointly operate the Cardinah Health Group in the future. Members of our Cardinah family can still serve as directors and executives."

Currently, although Wang Guanxi's Wang Guanxi's Wang Guan Charity Foundation controls 29 million shares of Class B shares of Cardinah Health Group, it has 52.8% of the voting rights.

However, the Cardinah family still holds 15% of the shares, all of which are Class A shares of Cardinah Health Group, with 1 vote per share, with a total of 7.8% of the vote.

Although he only has 7.8% of the voting rights, the Cardina family is still the largest shareholder of Cardina Health Group.

Class A shares are different from Class B shares, but the dividend power is the same.

Evan Cardinah: "Mr. Wang, we have a happy cooperation, and we will advance and retreat together in the future!"
Chapter completed!