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America 1919-Chapter 457 - 177. Curtain falls (A ten-thousand-word chapter, repaying the debt~)_6
Donnie said with a relaxed smile, "Harry, there’s no need to go on. I believe that as long as I don’t accept your offer, you won’t sell Sinclair Oil Corporation to anyone else. Of course, you’ll still face the problems I mentioned earlier, but I believe you’ll always find a way to solve them. Just wait, our confrontation is just the first round; there’s more to come!"
Harry Sinclair knew by looking at Donnie’s expression that his plan was doomed to fail. With a cold snort, he stood up and left without hesitation.
Donnie, watching the door close, leaned back on the sofa and laughed easily. He had almost been duped by that old fox, forgetting about the existence of Albert Furr in the process.
He even forgot how the Teapot Dome oil field had been acquired by Harry Sinclair.
Indeed, Harry Sinclair was indeed facing many financial problems now, but as long as his relationships remained, and he used the event of obtaining the Teapot Dome oil field to his advantage, those people would still give him a chance!
Fortunately, when William Mellon showed an eager desire to acquire Sinclair Oil, Harry Sinclair had no reaction whatsoever, which sparked a realization in Donnie. Explore stories on novelbuddy
As for Harry Sinclair’s insinuation that Donnie’s only gain was the two or three million dollars from shorting Sinclair Oil, he couldn’t have been more wrong.
Donnie’s biggest gains were twofold. Firstly, Sinclair Oil had already been labeled as unreliable in the eyes of the average investor, and once the Teapot Dome scandal broke out, Sinclair Oil would undoubtedly suffer the heaviest blow. Then, it would be much easier for Donnie to take over the company.
Secondly, the entire Wall Street had witnessed the power of Atlantic City Broadcast. In this battle, Atlantic City Broadcast had been instrumental, and its valuation had soared from 30 million to 50 million.
After this incident, it would be time to arrange for Atlantic City Broadcast to go public.
The benefits that would come to Donnie would then be in the tens of millions of dollars, along with a vast network of connections!
With these two achievements, Donnie was already satisfied!
At that moment, William Mellon returned, his face wearing an embarrassed expression.
"Did your uncle give you a scolding?"
Donnie said, taking pleasure in William’s misfortune.
William Mellon snorted coldly, "In the United States, the Mellon Family doesn’t have to fear anyone!"
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Donnie chuckled and said, "But there’s no need for the Mellon Family to create more enemies over this matter. William, just imagine if Gulf Oil really acquired Sinclair Oil and then combined with Pandora Oil, as well as Pan-American Oil, Pure Oil, and Indiana Standard Oil, which are now on our side due to this incident. This would be sufficient to form a large oil trust.
By then, our oil group would pose a formal threat to the Rockefeller Family’s position in the United States. Do you think that’s appropriate?"
William Mellon was a decent person, and his family was an important collaboration partner for Donnie’s future plans. Donnie didn’t want this incident to create a rift between them!
"Donnie, I don’t think of you as someone who worries too much," said William Mellon, still unable to get past the issue. "Once we’ve teamed up, we naturally won’t need to worry about the Rockefeller Family anymore!"
Donnie shook his head and patiently explained, "Firstly, the Rockefeller Family holds shares in both Gulf Oil and Sinclair Oil. Do you think they won’t take advantage of that?
"Secondly, the Rockefeller Family controls the largest and only cross-country oil pipeline network in the United States, and they are also shareholders of several major railroad companies.
"Do you think that if we become rivals with the Rockefeller Family, they will open up these transportation channels to us? Or do you think relying solely on road transport will satisfy our oil transportation needs?
"And I can assure you, if it comes to that, Pan-American Oil, Indiana Standard Oil, and Pure Oil will definitely abandon us and stand on the opposite side!"
William Mellon didn’t respond.
At that time, Helen and the others returned.
Everyone wore a beaming smile.
Even Helen’s face was smiling.
Walker excitedly said, "Sinclair Oil’s stock price plummeted to 27 cents per share at the close of the NYSE. They’ve completely lost!"
Jesse Livermore laughed and said, "Mr. Block, I’ve officially announced that we’ve stopped our shorting campaign against Sinclair Oil. Now, we can repurchase Sinclair Oil’s stocks and pay back those brokerage firms!"
Donnie nodded with a smile, "Then I’ll leave this matter in the capable hands of Mr. Livermore!"
Jesse Livermore replied with a smile, "It’s what I should do!"
Helen naturally sat down next to Donnie and spoke, "When I walked out of the NYSE today, a reporter from the ’Wall Street Journal’ approached me, hoping to invite you for an exclusive interview."
Although ’Wall Street Journal’ had previously sided with Harry Sinclair, with the battle now over, they were eager to interview Donnie, the man who had created a new business combat model on Wall Street.
Walker laughed, "I think all of Wall Street will be buzzing tomorrow, Donnie. Your name will become the nightmare of many companies!"