Reborn American Giants

"Boom"

With the trial hammer in the hands of Justice Allen Swartz hammering down, on January 11, the second trial in the Delaware Court of Chancery regarding the Penzel Company's lawsuit against Getty Oil was ordered.

After facing the "few" pieces of evidence presented by Getty Oil, Justice Alan Swartz announced a short adjournment and quickly made a judgment in court in favor of Getty Oil. Pengze

Er Company sued Getty Petroleum, regarding the invalidity of the agreement related to the former's acquisition of Getty Petroleum.

Hof Lidke looked calmly as he watched a group of people from Getty Oil jumping for joy, hugging and shaking hands with each other, looking very excited.

They do have reason to be happy. Since the purchase agreement between Penzer and Getty Oil is invalid, it means that the purchase agreement between Texaco and Getty Oil is valid.

"Hoff, are you sure you really want to do this? Is there no other way?"

The person who asked this question was Li Deke's deputy, Penzer's chief operating officer David King. As the person who is actually in charge of the company's internal management, King is considered a senior executive of Penzer, a small energy company that emerged in Lancaster, Pennsylvania.

One of them is also a close friend of Hof Liedecker. For a long time, the two parties have worked together to develop Penzer's assets to about 3.2 billion US dollars.

"Jin, I understand your concerns," Li Deke glanced at his old friend who looked a little worried and sighed, "Do you think we still have a choice now?

Do you think that after we have caused so much trouble to Texaco, they will let us go when they calm down? Man, wake up, how do we treat those who provoke us and are smaller than us?

of the company.

That’s what Texaco does…”

The crowd of spectators in the court are retreating in an orderly manner. Today's trial attracted many media reporters. Since the court trial does not allow video recording, they can only enter the trial hall empty-handed to observe the battle between two energy companies.

business disputes.

Hof-Liedtke's words have already shown the attitude of Penzer Company, which is to fight to the end with Texaco.

As the chairman of Penzer Company, Hof Lidke controls the strategic direction of the company. Now that the helmsman has determined the direction, David King should have acted without any doubts. This is not only for his boss, but also for his old friends.

support.

However, their opponent this time is not Getty Oil, but Texaco, the behemoth that ranks second in the United States.

……………………

There are no details of the entanglement between Texaco and Penzel Company in his past life, but Victor is certain that Texaco's future is not very bright.

Because in 2001, Chevron announced that it would acquire Texaco for US$39 billion in stock and cash, making this business acquisition that shocked the world.

This was the first merger and acquisition between the Seven Petroleum Sisters, and it started the merger between major oil companies.

The two parties jointly formed "Chevron-Texaco". After a long time, these "bastard twins" finally came together. And "Chevron-Texaco" announced in 2005 that it would be renamed Chevron Corporation.

, Texaco, once one of the oil giants, has since disappeared.

"Boss, do we still want to continue to hold Texaco shares?" Zelda said with some concern. According to Victor's instructions, he controlled the US$2.6 billion of Caribbean Investment Fund and bought all of it.

of Texaco's 27 million shares outstanding.

It wasn't until he came into contact with giant companies like Exxon and Texaco that he finally understood that the financial knowledge and operating techniques he had learned in the first half of his life were basically useless in the face of the insider operations of these large companies.

Useless.

Only by clearing away the heavy fog can we see the truth.

Ordinary stock investors have no ability to resist the insider operations of these large companies and are directly reduced to being harvested. Similar to this time when news about the Grenada oil field was released by Texaco, they took the opportunity to absorb the company's shares at a low price.

Same as stocks. What's even more damning is that in the face of such obvious illegal operations by large companies, the Securities and Exchange Commission, as the securities regulatory authority, chooses to turn a blind eye and take no action at all.

"Haha," Victor chuckled in response to Zelda's question, "Continue to hold it, and I can give you the authorization to wait until Texaco's stock price returns to the US$157/share it was before it fell.

You can start taking action and slowly sell the Texaco shares held by Caribbean Global Investment Fund."

Zelda was a little stunned. If according to Victor, the Caribbean Investment Fund started to buy Texaco shares when the price was 99 US dollars per share. By now, it has already held a full position of 27 million shares. If the stock price

If it reaches US$157 and then completely sells out, Victor's income will be an astonishing US$1.566 billion, with an investment rate of return of 60.2%. Victor continues his precise investment vision and terrifying investment rate of return.

After sending Zelda away who seemed a little distracted, what he saw during this period was a blow to him who was originally somewhat proud of his financial knowledge and operating techniques.

Investment traders at small financial institutions like the original Zelda relied on articles from economic commentators and media reports in newspapers, or dug out some "tattletales" and the like, and then used their own few

Ten years of financial trading experience to find the direction of capital investment.

It cannot be said that there is a problem with this method. 99% of financial traders in the world manage client funds in this way. However, compared to those large companies that are in the game and even control the direction of the situation, Serge

The actions of an outsider like Da inevitably seem a bit slow.

In the ever-changing financial field, being slow is a very fatal problem. If you fail to keep up, you will become a victim, and your clients' funds will become the spoils of large companies.

The fate that awaits the owners of these small investment institutions is nothing more than bankruptcy. Faced with investors pressing for debt, institutional owners often have only one choice.

Find a tall building, close your eyes, and jump.

Putting aside these thoughts, Victor threw himself into the soft office chair. In the oil field, the establishment of the Joint Founding Energy Company was proceeding in an orderly manner, and the biggest differences were resolved. Negotiations between the four parties were proceeding in an orderly manner.

Lawyers and financial staff are drafting contracts and jointly announcing the results with Grenada's interim government.

After solving this most important matter, Victor had time to think about it. The group of black men poking their heads downstairs now seemed to have their sights on Victor and his group.

No wonder the black man named LJ had the courage to cause trouble in broad daylight on the streets of New York. Behind him stood Benjamin Jacobs. If it were Victor, he would have had an uncle who could solve all kinds of troubles since he was a child.

Like him, he will become a useless person with nothing to do or fear.

Thinking of the Blood Gang, Victor grabbed the satellite phone on the table and dialed a phone number...