America 1919 -
Chapter 1131 - 386, Three Demands_2
Chapter 1131: 386, Three Demands_2
Fred Fisher knew that Donnie was about to announce his future plans for Cadillac at this moment!
"What does Mr. Block think about this?"
Donnie calmly said, "I believe you should already be aware of what happened to me in Washington, right?"
Fred Fisher nodded, "I know, and I’m very sorry for the security in Washington!"
Donnie said, "I know that Germany’s Mercedes-Benz Company is already developing bulletproof cars, so the first thing I want to do at Cadillac is to start developing our own bulletproof cars. I want to combine bulletproof cars with luxury cars and provide the most comprehensive protection for global political and business figures!"
Fred Fisher showed a bit of surprise on his face, not expecting Donnie’s first arrangement for Cadillac to be this!
Fred Fisher was also aware of Mercedes’ development of bulletproof cars, but he didn’t expect Donnie to be aware of it as well.
At this moment, Fred Fisher even suspected that Donnie spent millions acquiring Cadillac just to have a bulletproof car designed for himself?
If that were the case, Fred Fisher couldn’t help but marvel at Donnie’s financial power!
These thoughts flashed through Fred Fisher’s mind quickly, then he replied, "Mr. Block, developing bulletproof cars is not like those gang conflicts; it involves using armored vehicle technology..."
In fact, at this time, bulletproof cars have already emerged as prototypes in the United States, originating from the conflicts of American gangs.
Those gang leaders modified car bodies with bulletproof vests to protect themselves from enemy ambushes.
However, the world’s first truly bulletproof car was developed by Mercedes in Germany under the leadership of a certain little moustache.
This involved making cars armored, a technology that isn’t terribly difficult, but isn’t easy either.
Donnie interrupted Fred Fisher’s words, saying, "Mr. Fisher, I hope you understand that I take my personal security very seriously, and that’s also the most important reason I bought Cadillac, so this matter is a notification, not a discussion!"
Fred Fisher sighed, knowing things couldn’t be so simple; he had long heard about Donnie’s character, and for his orders, his subordinates could only listen carefully and not voice opposing opinions!
But this matter is not so easy to accomplish.
Even though making cars armored is not very difficult, it involves the development of new technology, and in this situation, Cadillac must allocate funds to this matter.
And everyone in the company’s various departments is watching these funds, even the board of directors is watching.
Now, Donnie’s words essentially mean cutting other departments’ research funds and reducing the board’s dividends, which is not an easy task.
However, considering Donnie’s attitude, Fred Fisher also knew that changing Donnie’s decision was probably not easy.
"I understand. I will bring this matter to the company’s board of directors and management meetings for discussion!"
Donnie frowned, "Fisher, you didn’t understand what I meant earlier. I said this matter is an order and not open to change. As for the board and management meetings, I can now tell you that Venus Bank has already acquired Cadillac shares from the William Murphy and Lemuel Bowden families, and an announcement is about to be made, so Venus Bank is now the absolute controlling shareholder of Cadillac. As for the company’s executives, I need a group that listens, not a management team that defies my orders for their own interests!"
As mentioned earlier, above Henry Ford and Henry Leland, there were two investors in Cadillac, namely William Murphy and Lemuel Bowden, two Wall Street investors.
Although General Motors had previously bought some Cadillac shares from them, making it the largest shareholder, William Murphy and Lemuel Bowden remained two major shareholders of Cadillac.
During negotiations with Pierre DuPont, Donnie had already instructed Jesse Livermore to negotiate with these two on Wall Street.
With a 20% premium, Venus Bank had completed the intention of a Cadillac equity transaction with them, and now they are discussing some details, with signatures possibly in the next two days!
Fred Fisher showed an expression of surprise.
Along with surprise, there was also a bit of helplessness.
Originally, Fred Fisher was thinking of using the William Murphy and Lemuel Bowden families’ shares in Cadillac to counterbalance Venus Bank.
Now it seems that he underestimated Donnie’s emphasis on his personal security.
Donnie easily resolved board issues with his cash power, leaving only the company management!
Fred Fisher is pondering how to persuade them.
Bulletproof cars will certainly take away some departments’ research funds, but in a certain sense, can it also be understood as an additional fund for the company to allocate freely?
As long as he pays some price, persuading the management shouldn’t be too difficult.
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