America 1919

Chapter 787: 270, Jack Morgan arrives in Atlantic City

Money, there’s never enough of it!

Donnie didn’t concentrate too much on this matter now, after all, there was a way to solve this financial issue, rather than no way at all.

Furthermore, these things can’t all be resolved in one fell swoop, they take time, and as long as there is time, private liquor and Surf Hotel could provide Donnie with more cash!

So Donnie was focusing more on meeting with Jack Morgan now.

What Donnie did not expect was that he thought Jack Morgan would come to Atlantic City immediately, but after two days had passed, Jack Morgan had not arrived.

He only gave Donnie a call, expressing that he would seriously consider Donnie’s suggestion!

“The other party is still weighing his options, doesn’t want to come over and get the short end of the stick in negotiations with you!”

Kafe Fei Jackson analyzed the situation for Donnie.

Donnie agreed wholeheartedly with Kafe Fei Jackson’s analysis; being the largest financial group in America, Jack Morgan had his pride.

It would be unseemly for Morgan if he came at Donnie’s every call!

“Should we call them again?” Kafe Fei Jackson suggested to Donnie.

To Kafe Fei Jackson, initiating a call to Morgan didn’t seem like a loss of face.

But Donnie shook his head and said, “No need, if they are not in a hurry, there’s no reason for us to be either. After all, they are the ones who are more anxious!”

Then Donnie instructed Kafe Fei Jackson, “Now, in my name, go and meet with the shareholders of Breton Bank, and ask them about the acquisition of Breton Bank shares!”

Kafe Fei Jackson, worried, said, “With Breton Bank currently in good condition, they will not agree to our acquisition offer!”

Donnie smiled complacently and said, “Of course, I know they won’t agree, but we have to let them know we have this intention!”

After considering it for a moment, Kafe Fei Jackson understood Donnie’s strategy and went off to carry it out with a smile!

.

“Donnie has made his move; Kafe Fei Jackson has started contacting the shareholders of Breton Bank!”

Dick got this information right away and reported it to both Laze Madison and Archie Roosevelt.

Laze Madison just smiled without a hint of worry and said, “There’s no need to worry, haven’t you already contacted those shareholders before? The ones who don’t want to sell won’t sell, even if Donnie approaches them.

The ones willing to sell have already been in touch with you, so what’s there to be anxious about?”

In this period, Dick had been extremely busy, not only meeting with Morgan’s people to discuss but also reaching out to the major and minor shareholders of Breton Bank to get their opinions on the bank’s development.

He had also proposed the idea of acquiring their shares in Breton Bank.

Some shareholders were quite nervous after learning about Donnie’s intention to acquire Breton Bank, given that the bank’s ties to Atlantic City were crucial!

Therefore, they had doubts about the future of Breton Bank, and Dick’s initiative to buy their shares came as an opportunity for them to cash out and leave the stage.

With the American stock market booming, it wasn’t necessary to be fixated on Breton Bank.

Some shareholders had considered leaving but felt that only listening to Dick’s offer without hearing Donnie’s might be a loss.

So, this group decided to wait and see, prepared to make a hefty profit from this affair!

And then, there were those who believed in Dick and in Breton Bank, so they decided to continue holding onto their shares in Breton Bank.

After all, whether it’s Dick managing Breton Bank or Donnie taking over, their fundamental goal was to lead Breton Bank to further growth.

The ones wanting to sell had already reached an agreement with Dick, and with this portion of Breton Bank’s shares, plus his own, and with the support of some neutral shareholders and the management team of Breton Bank,

Dick believed he had a definitive advantage in this struggle for Breton Bank.

“However, we should not be complacent; Donnie is someone who can pull off miracles. Plus, with his financial resources, it wouldn’t be surprising if some people got tempted by his offer. We need to keep a close eye on this matter!”

Archibald Roosevelt warned.

Dick listened and nodded, saying, “That’s indeed the case, I will have my people keep a close watch on this matter!”

Soon enough, Archibald Roosevelt’s warning became reality.

Dick learned that Donnie had proposed a price to buy Breton Bank’s shares, which was 5% higher than his own.

This price caused some who were still undecided to become intrigued.

After cursing Donnie, Dick had no choice but to raise his purchase offer.

This gave the shareholders an opportunity to see business prospects.

Determined to sit back and watch the show, they saw both Donnie and Dick increase their offers, allowing them to reap the maximum benefit.

To their delight, Donnie indeed raised his purchase offer following Dick’s raise.

The shareholders, who were already set on reaping the benefits, immediately informed Dick of Donnie’s new offer.