1929 I am a chaebol in the United States

Chapter 396 Next Target



Chapter 396 Next Target

When Fu Mingzhuo and his companions heard Lu Chen talking about taking action against the Washington family's assets, they immediately became excited, with a hint of excitement in their eyes.

"Boss, after my in-depth investigation and research, I found that the Otto Shipping Company owned by the Washington family is of considerable scale! They own a total of ten 50,000-ton ocean-going freighters, which is really a powerful fleet! In addition, there are more than a dozen small freighters of several thousand tons. Although they are slightly smaller in scale, they should not be underestimated. Overall, the strength of this company is still quite good. If we can successfully acquire this company, I believe we will definitely not lose money." Eric said confidently.

As the person who was most familiar with New York among the few people, Eric did not stop after introducing the shipping company, but immediately began to introduce other industries of the Washington family.

"In addition to Otto Shipping Company, the Washington family also has two farms and a mine in New York State. Among them, the two farms are relatively valuable. These two farms are fully utilized by the Washington family and grow a large number of vegetables and fruits. It can be said that the supply of fruits and vegetables in many places in New York depends on these two farms! Although these two farms themselves may not make much money, once we bring them under our control, it will definitely bring a lot of benefits." Eric explained in detail.

At this point, Eric paused for a moment, then continued, "As for the mine, it's actually just an ordinary iron ore mine. What's more disappointing is that the grade of the iron ore is relatively low, and the estimated reserves are only a few million tons. Therefore, from the perspective of economic value, this mine is not very attractive."

After hearing about the ten 50,000-ton cargo ships, Lu Chen couldn't help but feel a strong impulse and determination. He knew what a cargo ship of this size meant to his plan. This was simply a once-in-a-lifetime opportunity!

As for the other farms and mines, they became insignificant in his eyes at this moment. His mind was completely occupied by the ten freighters. He imagined that after converting them into aircraft carriers, he would lead this powerful fleet to gallop across the vast ocean, engage in a thrilling naval battle with Xiao Ri, and finally defeat them.

Unable to suppress his inner excitement, Lu Chen turned to Eric and asked, "Eric, are you sure that Otto Company really has ten 50,000-ton cargo ships?" There was a hint of doubt in his voice. After all, such news was too shocking to be believed.

Eric was a little unhappy with Lu Chen's questioning. He felt that his professional ability was being questioned. But he suppressed his dissatisfaction and patiently explained: "Boss, I can tell you with certainty that the news that Otto Shipping Company owns ten 50,000-ton cargo ships is absolutely true. Otto Shipping Company did not conceal this news. On the contrary, in order to attract more business, they deliberately publicized this news. They even parked these cargo ships at the dock for people to visit to show their strength and scale. Boss, you can verify the authenticity of this news by just going to the dock and asking around."

After listening to Eric's explanation, Lu Chen's doubts were slightly alleviated. He nodded, indicating that he agreed with Eric's statement. In this case, the focus of their discussion next was how to successfully take over the Otto Company and bring those ten valuable freighters under their control.

So Lu Chen then asked Eric: "Eric, tell us all the information you know about Otto Shipping, and we will see if there is anything we can use."

Eric thought for a moment and said, "Otto Shipping Company now has 20 captains, dozens of skilled mechanics and other operators. Their company's main routes are to Xiaori, the Philippines and other Southeast Asian countries. In recent years, affected by the financial collapse, many of their routes have been cancelled. Now their main business is to transport some scrap steel and waste materials to Xiaori. Compared with the past, the business has dropped by nearly 60%."

After listening to Eric's introduction, Lu Chen frowned and asked, "That's all? Nothing else? For example, how many shareholders are there in Otto Company, how much is its market value, and how much money do we need to acquire it?"

Eric shook his head and said, "We don't know these now."

Lu Chen yelled at Eric angrily, "If we don't know these, how can we take over this company? If you don't know, then why are you still here? Go check it out."

Fu Mingzhuo beside him said quickly, "Boss, don't get angry. We have been preparing to acquire Rem for some time, and Eric has focused his attention on this. It is not Eric's fault that he does not have a comprehensive understanding of Otto. Now that we have focused on Otto, I believe Eric will be able to find out all the information about Otto soon."

With Fu Mingzhuo's persuasion, Lu Chen's inexplicable anger disappeared a lot. He said to the others, "Okay, that's it for today. Go back and learn more about Otto Shipping. We will discuss how to acquire Otto next week."

When David heard Lu Chen asking him to leave, he became a little anxious. He was here to take over Rem Company on behalf of his people. Everyone was waiting for good news from him. If he left today, he would have no way to explain himself. So he said to Lu Chen:

"Boss, what about Rem Company? When are we going to take it over?"

Lu Chen said impatiently, "Why are you in such a hurry? The company is right there and it won't run away. Once we get the shipping company, you can take it over. Let's get the shipping company first."

"No, Boss, you can't do this..."

Before David could finish, Fu Mingzhuo quickly pulled David out of the hall. After leaving the hall, Fu Mingzhuo whispered to David, "Don't you see that the boss is very unhappy now? Aren't you just asking for trouble by talking about this now?"

"I came here today specifically for this matter. My group of Tadpoles are waiting for me to take back Rem Company. Now that it's like this, how am I going to explain it to them when I go back?"

David shook off Fu Mingzhuo's hand and turned to go into the hall again. He wanted to try again. But Fu Mingzhuo forcibly took him away from Lu Chen's villa.


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