When Yang Jing returned to the KY Investment Fund headquarters in New York, Mike Aller was on the phone with a happy look on his face. When he saw Yang Jing coming, he quickly said a few words and hung up.

"Judging from your expression, you seemed to have done a good job on this trip." Yang Jing asked with a smile while sitting on the sofa.

Mike Aller walked to the sofa opposite Yang Jing and sat down. "Boss, tea or coffee?"

Yang Jing waved his hand and pointed at the bottle of mineral water he had brought. Mike Aller smiled and poured hot water into his teacup. He said, "I called you back this time because I have three things to report to you, especially the first one, which requires your decision."

Mike Aller put down the kettle and covered the teacup. In the past two years, under Yang Jing's guidance, Mike Aller has almost given up the coffee he used to be inseparable from, and started drinking green tea instead. Now he can't live without green tea just like he could not live without coffee in the past.

This is a good thing. After all, drinking tea is better than coffee. Caffeine is not a good thing.

"Mike, tell me."

"Well, the first thing is that with the close cooperation of Henry and David, Atlantic Capital, a subsidiary of KY Investment Fund, has completed the full acquisition of Hartford National and Arlington Trust. Atlantic Capital spent a total of $17 billion to acquire these two banks, of which Hartford National cost us $11 billion and Arlington Trust cost us $6 billion."

This is really good news. In Yang Jing's plan, his own consortium in the future will be centered on banks. If a consortium cannot control a bank of sufficient size, it cannot become a real consortium. Therefore, acquiring banks is the most important task of KY Investment Fund in the next period of time, and its importance even exceeds speculation in the financial market.

The US dollar is very valuable now, but it is also depreciating very quickly. Twenty years later, mergers and acquisitions worth tens of billions of dollars are no longer a big deal, and mergers and acquisitions worth hundreds of billions of dollars are common. But in the 1980s, the world's largest merger and acquisition was only worth 25 billion US dollars.

KY Investment Fund does have a lot of money now, but at the same time, the global stock market cannot accommodate such a large amount of capital currently held by KY Investment Fund. In addition, in view of the damn tax system in the United States, a large amount of funds of KY Investment Fund are now floating abroad. Even if KY Investment Fund currently has capital in the United States, it will be a very heavy burden for KY Investment Fund if it is not invested quickly.

Therefore, Yang Jing, who was familiar with this era, decided to invest huge amounts of money to acquire some small banks in the United States from now on.

Originally, Yang Jing had no idea about acquiring a small bank in the United States, but the Boston Consortium jumped out to make trouble, so Yang Jing directly set his sights on the Boston Consortium.

Hartford National and Arlington Trust were originally going to be acquired by Shawmart under the Boston Consortium at the end of this year, and eventually formed into the core bank of the Boston Consortium - Boston National Shawmart Bank. But because the Boston Consortium provoked Yang Jing, Yang Jing decided to intercept the Boston Consortium.

Although the Boston Consortium is one of the eight oldest consortiums in the United States, this consortium is not formed based on bloodline like families such as Rockefeller, Morgan, DuPont, and Mellon. The Boston Consortium, like the newly emerging Texas Consortium and California Consortium after World War II, is a patchwork consortium, that is, a few first-class businessmen lead a group of second-class businessmen to form a super giant.

In fact, such a consortium is not so peaceful internally. After all, there are limited resources, and families or companies within the consortium will also compete for some key interests. Therefore, after World War II, the decline of the Boston Consortium can be said to be the fastest among the eight old consortiums.

If the people from the Boston Consortium had not provoked Yang Jing at the charity auction held by the Mellon family that day, Yang Jing might not have taken action against the Boston Consortium. But since he has already taken action, he must use thundering means to scare the Boston Consortium completely or even kill it!

So, under Yang Jing's order, KY Investment Fund established Atlantic Capital, and completed the full acquisition of Hartford National Company and Arlington Trust in just four months.

Even though the board shareholders of Hartford National and Arlington Trust opposed Atlantic Capital's acquisition, after negotiations with the shareholders of the two banks failed, Atlantic Capital, with huge financial support, launched a hostile takeover of the two banks. Now that we have decided to intercept, who cares whether it is a hostile takeover or not? Get it first!

This is why the acquisition of these two banks cost a huge amount of money, which was as high as US$17 billion. Based on the market value of these two banks, if it was a real acquisition, it would not even cost US$13 billion.

If I like something, you have to sell it whether you want to or not!

It’s just money. We at Atlantic Capital have nothing else but sufficient funds!

The first company acquired by Atlantic Capital was Hartford National. Because it was a hostile takeover, the company, which originally had a market value of less than US$7 billion, actually cost a full US$11 billion, with a premium of nearly 100%.

But at the same time, Atlantic Capital's aggressiveness also frightened the shareholders of Arlington Trust. Therefore, when acquiring Arlington Trust, Atlantic Capital did not pay much of a premium. Arlington Trust originally had a market value of over 5 billion US dollars, but Atlantic Capital only spent 6 billion US dollars to acquire it.

This chapter is not finished yet, please click on the next page to continue reading the exciting content!