There are not many computer companies these days, but all companies are targeting large and medium-sized servers.

Let’s not talk about the second and other younger brothers outside of ibm.

The market value of ibm alone is more than 4 times higher than the 40 billion assets controlled by Citi.

The existence of a giant means that any company that wants to enter the computer industry will become the enemy of ibm.

Fortunately, like the problems that exist in all giant companies, ibm is blinded by the interests of large servers and has too many internal factions. When medium and large servers are still profitable, it is not that simple to change their strategy.

The personal computer department was established in the 1980s, and it was all noisy for several years before it was approved.

In addition, no one expected that the development speed of personal computers would take only ten years, and the profit would be far greater than that of medium and large servers.

When ibm realizes this, although they are not short of money, they are not short of technology, and they are not short of relationships and policies.

But hardware, software, and patent barriers in industry standards have made them unable to easily lead or defeat most personal computer companies on the market.

At this time, one is to continue research and development and maintain the dominance of medium and large servers.

One is that in their opinion, it seems like a waste of money and has too many competitors, and ibm hesitates again.

Otherwise, there is no room for personal computer companies to exist.

When the Internet industry begins to make efforts and the real era of violence in the computer industry begins, the decline of ibm will be inevitable.

The continuous update of profits and technology will allow all the rising personal computer companies to counterattack the medium and large server fields.

Citi's shareholders' meeting agreed to Li Changheng's stake in Xerox and enter the personal computer industry.

The first is a word processor, which is called a computer.

In fact, it is just an electronic printer that is more advanced than a mechanical typewriter and can connect to a printer.

Without Citi's public explanation, Morgan, who participated in the board of directors, did not take it much seriously.

IBM, which is owned by Morgan, will not care about this matter even more.

On the contrary, because he and 7% of the other shareholders abstained, Morgan has always wanted to know what the projects that kept them secret.

What made him even more annoyed and helpless was that if he hadn't voted for abstention, he would not even have the qualification to know whether these projects exist.

Moreover, it took only 2 days from the board of directors to the signing of the contract today.

I want to find out from the 93% shareholders who support it, and it is absolutely impossible to negotiate the exchange of interests in 2 or 3 days.

What made him even more helpless and anxious was that Rockefeller turned around and supported Li Changheng this time.

Fortunately, there is no shortage of smart people in this world. I call the top leaders of the group. After all, combined with Li Changheng's several achievements in the financial field.

It will be soon concluded that one of those projects is likely to involve the financial field.

For a group like Morgan that started out with finance, as long as you enter the market, there is no secret.

The only question is how long it takes to find Citi's actions.

The speed of finding it is fast, and what you eat is not soup, but fat meat.

When the speed is slow, there are too little time to make arrangements and the profits are not enough, there are still many ways to make trouble.

But when Morgan thought of Li Changheng's gambling war breaking out, he became even more depressed.

Once the battle starts, many things cannot be dominated by a financial group.

It’s better for everyone to look forward to the outbreak of the war, and the US Capital will have the opportunity to take both ends.

Choosing between great interests and staring at Li Changheng against the trend is a very simple multiple-choice question for any qualified capital.

And this is probably the main reason why Morgan has not made any trouble in the past two days.

When it is time to cooperate, capital is very patient and sincere.

When it is time to take a ruthless move, capital has never had morality or goodness.

.........

After the signing scene was noisy, the smiles on the faces of the six Citi executives sitting on the rostrum remained unchanged.

The people on the scene soon became confused again.

Even if Li Changheng is really stupid, no one believes that all Citi shareholders will be foolishly accompanying him.

The scene soon became quiet.

Li Changheng continued without explanation, "In addition to the above three projects, there are several small projects that come with them.

Although we can't say it today because of the reasons for business confidentiality, you should be able to see it from Citi's subsequent actions soon.

However, on these projects, I will jointly invest at least US$400 million with Citigroup and hold 50% of each other's shares.

Moreover, you have also seen these decisions, and I have received 93% of shareholder support."

God, the first thought in all journalists is that Citi is crazy.

Holding 50% of each other's shares means that Li Changheng, who holds 17% of Citi, will gain the dominance and shareholding advantages of these unknown projects.

No matter how you look at it, Citi is actually at a disadvantage in terms of investment, and Li Changheng is the biggest winner.

As for agriculture, television sales, office automation and computer projects.

Among the people on site, few of them were optimistic about the shareholders who attended the board of directors three days ago.

Don’t look at the price of many agricultural products due to inflation.

But the United States has a large area and is sparsely populated, so it is too easy to increase production.

Not to mention the four agricultural and animal husbandry giants that occupy a monopoly position, ordinary ranchers and farmers, as long as they have collateral, it will be easier to borrow from the bank.

Anyway, if you can't pay it back, the bank will not lose too much at the auction.

Moreover, everyone understands that when everyone increases investment in agriculture, the price of crops will definitely slow down or even fall sharply in less than a year or two.

In the past or two years, Citi should have just finished sorting out its agricultural and animal husbandry assets.

Some capitals who are thinking about buying tomorrow or increasing their holdings of Citi shares have begun to hesitate at this time.

However, the shareholders who participated in the board of directors three days ago understood in their hearts that the so-called vertical farm was just a smoke bomb that everyone took out to prevent the stock price from soaring.

In order to avoid being optimistic about Citi's future, they will not be able to grab more stocks in the market due to mobilizing funds.

Citi's way of restricting Morgan and Rockefeller is very simple. In addition to Li Changheng, everyone buys the market's stocks in the same proportion.

Li Changheng, who proposed this method, won the support of about 30% of the representatives of small shareholders in one fell swoop.

The funds of these forces are definitely not as good as those of large groups, so with this restriction, small shareholders are the biggest beneficiaries.

As for other forces, although the increase in holdings in the same proportion is not the best result, it is impossible for everyone to believe whatever Li Changheng said.

With the ability to limit Morgan and Rockefeller, most shareholders soon supported the decision.
Chapter completed!