America 1919-Chapter 1104 - 377, Acquisition of ADM Plan Begins_2

After all, the information they had received was that Café Jackson was planning a big project once they sold the land in Florida!

Now, in the eyes of John Dennis and George Archer, acquiring their ADM company must be Café Jackson’s big plan!

John Dennis led his team directly to the Surf Hotel. Although they wanted to meet Donnie Block here, they first had to meet with Café Jackson, who was specifically responsible for this matter!

Café Jackson met with John Dennis’s team in the meeting room!

"Mr. Dennis, thank you very much for coming to our Atlantic City during your busy schedule!"

Café Jackson greeted John Dennis with a smile.

"If possible, I would hope to be here in Atlantic City for vacation rather than for business!" John Dennis said helplessly.

Before coming to Atlantic City, John Dennis had thoroughly investigated Café Jackson’s situation. He found out that although Café Jackson graduated from the prestigious Columbia, he was actually just an unremarkable lawyer in New York.

Yet, for some reason, Café Jackson suddenly gained Donnie Block’s appreciation, was recruited into Venus Bank, and within a few short years, Café Jackson became the third most important figure at Venus Bank, right after Donnie Block and Robert Lillard.

This is a terrifying growth speed. A few years ago, even if Café Jackson had proactively greeted him, he wouldn’t have bothered to look, but now he had to deal cautiously!

Café Jackson laughed heartily and said: "Although I’m not in charge of Atlantic City’s tourism industry, if Mr. Dennis wants to vacation here, I can certainly arrange an unforgettable holiday for you!"

John Dennis waved his hand and said helplessly: "Mr. Jackson, let’s discuss business matters first!"

Café Jackson nodded and said: "So it seems Mr. Dennis, you are already prepared?"

John Dennis did not directly answer Café Jackson’s question, instead saying: "As far as I know, Venus Bank has never been involved in the grain business, so I don’t know why there is sudden interest in our ADM?"

Café Jackson reclined in his chair and said with a smile: "Mr. Dennis, what you say is not correct. Before establishing ABC, we had never been involved in the commercial radio field, before acquiring Breton Bank, we had never entered into banking, but ultimately we proved that even though we hadn’t been involved before, we could make those businesses successful!"

John Dennis refuted: "The grain business is different from other businesses; it should not be discussed in the same way!"

Café Jackson said: "Our boss once said, all business operates on the same principle: selling your product to those who need it. As long as this is held firm, everyone at Venus believes there is no business in the world too tough to handle!"

John Dennis frowned; this was not a good sign. If this was the case, does it mean Donnie Block also agreed to this business?

"Mr. Jackson, though you are right, the situation is not that simple. After discussing with Archer, we believe ADM’s future is extremely promising, and neither of us wishes to abandon the company we founded painstakingly.

Of course, to gain the interest of Venus Bank it is indeed our ADM’s honor, so after discussing with Archer, if your group really favors our company, we can persuade the company’s board to introduce your group as the third-largest shareholder. Then, in our cooperation, we believe ADM will develop even better!"

This was essentially John Dennis’s last line. Although he didn’t want to reveal his bottom line now, facing the Venus Bank juggernaut, he really couldn’t think of any other solution! freewebnøvel.coɱ

Café Jackson pondered and said: "Mr. Dennis, since you chose to be open, we will also be candid. First of all, if Venus Bank invests in ADM, it must become the largest shareholder; that is our baseline, unchangeable.

Of course, we highly recognize Mr. Dennis’s and Mr. Archer’s abilities, so we are willing to have both of you continue managing ADM and we will provide financial support. Then even if ADM wants to acquire Cargill, we can also support it!"

John Dennis was surprised again; he hadn’t expected Venus Bank’s ambition to be so large. Just acquiring ADM is not enough; they also want to acquire Cargill.

If the two companies merged....

Well, the largest grain company in the United States would be established!

For a brief moment, John Dennis was somewhat tempted. After all, becoming the president of the largest grain company in America would be the highlight of his career!

But quickly, John Dennis pushed that temptation to the side.

If Venus Bank simply became ADM’s largest shareholder, then he and George Archer could still connect with other small and medium shareholders to oppose Venus Bank.

But if ADM accepted Venus Bank’s funds to acquire Cargill, then when equity gets diluted, coupled with the lure of other small and medium shareholders supporting the acquisition of Cargill, how much influence would he and George Archer have left in ADM?

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