America 1919 -
Chapter 1011 - 344. The Fate of the Rothschild Family_3
Chapter 1011: 344. The Fate of the Rothschild Family_3
However, at this point, Paul Warburg also knew he had no better options.
“The Rothschild Family can only be the second-largest shareholder of the Kuhn, Loeb & Co. consortium, and can never surpass the Woburg Family in shares!”
This was Paul Warburg’s final bottom line.
“Of course!” Anthony Rothschild answered with a smile.
The day after ending the conversation with Anthony Rothschild, Paul Warburg returned to New York!
Felix Warburg was waiting for him in Paul Warburg’s office.
“Zhan Ning has been placed under house arrest by Donnie, and I can’t get through to her on the phone anymore!” Felix Warburg said coldly.
Paul Warburg said with a grim expression, “Even if we could contact her now, it wouldn’t matter; this is beyond her involvement now!”
Felix Warburg asked, “Do you think Zhan Ning has betrayed our Woburg Family?”
Paul Warburg shook his head, “I don’t know, but I believe we’ll have an answer soon. Max and his wife are already on a ship to the United States, and once they arrive, we’ll know the truth.”
Before leaving New York for Washington, Paul Warburg had already called Max Warburg in Germany, who, upon learning about the situation in the United States, immediately agreed to come to the United States.
“Let’s put this matter aside for now—how’s the situation in the last couple of days when I was away?”
Paul Warburg asked Felix Warburg.
Felix Warburg explained, “After the statement was issued, there were indeed fewer people at the acquisition point of Four-Sided Investment, but today the number has increased again!”
Paul Warburg said helplessly, “It seems that we must use cash to buy successfully to win this battle!”
Felix Warburg showed a worried expression, “So things didn’t go smoothly for you in Washington?”
Paul Warburg nodded and explained to Felix Warburg the process of visiting those members of Congress.
“These people must have already been bought off by Donnie and his group!”
Felix Warburg angrily said.
“It’s no use talking about it now; I have already borrowed 100 million US Dollars from the Rothschild Family, and if you add the 50 million US Dollars borrowed from others, we have 150 million US Dollars in hand!
We hold 32.16% of Warburg Company’s shares; we only need to acquire 41 million more shares to gain control of Warburg Company. By then, even if Four-Sided Investment has more cash, they can’t defeat us!”
Paul Warburg pondered.
Felix Warburg finally smiled for the first time in these days, “If that’s the case, that’s great. Even at the current price of 3 US Dollars per share offered by Four-Sided Investment, our 150 million US Dollars should be enough!”
Paul Warburg smiled bitterly and told Anthony Rothschild’s demands.
After hearing it, Felix Warburg’s smile disappeared instantly, “They’re taking advantage of the situation!”
Paul Warburg sighed, “We have no other choice, even if we put the Florida properties on the market now. Everyone knows our company’s situation now; they will definitely press the price hard. If that’s the case, the shareholders won’t agree!”
Felix Warburg also showed a helpless expression.
The situation has developed to a point where they seem to have no choice but to accept the Rothschild Family’s conditions!
“Felix!” Paul Warburg gravely reminded Felix Warburg, “We must keep the matter of obtaining these funds confidential; no one can know about it. If Donnie’s side finds out, they will surely increase the acquisition price, and then we will be in a truly passive position!”
You could say that the 150 million US Dollars is the Warburg brothers’ last card. If Four-Sided Investment learns about this card, they will face defeat!
“I understand!”
Felix Warburg nodded helplessly, “When can their money reach our account?”
The 100 million US Dollars from the Rothschild Family is not a small amount, especially in this era. It takes time to get this money into the United States.
Of course, if the Rothschild Family tightens its operations in the United States, they might be able to squeeze out 100 million US Dollars. Still, this would put their business in the United States in the previous predicament of the Kuhn, Loeb & Co. consortium.
The Rothschild Family is certainly not willing to see this happen.
So they have to transfer the money from Europe to the United States!
“Three days!”
Paul Warburg said heavily.
“Then shall we first use the 50 million US Dollars to deal with it?” Felix Warburg knew that three days was already the shortest time!
Paul Warburg nodded, “Yes, and during this time, you should keep in close contact with the company’s shareholders. If we can buy Warburg Company shares from them, it will go more smoothly!”
Felix Warburg nodded, “Understood!”
.
While Paul Warburg and Felix Warburg discussed this matter, Donnie was also in his office at the Surf Hotel in Atlantic City, listening to the recorded conversation between Paul Warburg and Anthony Rothschild in Washington!
On the first day Paul Warburg arrived in Washington, Donnie had his people secretly install recording equipment in Paul Warburg’s hotel room.
The purpose was to be able to know Paul Warburg’s actions at any time!
“The Rothschild Family is really formidable!”
After listening to the recording, Donnie couldn’t help but admire how the Rothschild Family could raise 100 million US Dollars in cash under the current circumstances!
“Tell this news to all three families!” Donnie instructed Fei Jackson.
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