"In business, there are times when you can bear some things, just like the previous incident with Morgan," he began. "Even though you were somewhat humiliated in the negotiation with Morgan, the outcome was that we joined forces with Morgan to take over the steel domain that was not entirely ours. However, this time it's different. Donnie Block is not Morgan, and the new company is not a steel company."
"Moreover, we aren't trying to let everyone know that we are displeased with Donnie Block, but rather we just need Donnie Block himself to understand."
"Your method is indeed more prudent," he continued, "but you should understand that the new company is not only Donnie Block's, it's also ours. If by that time Donnie Block really makes a move, it will adversely affect the company's development, which does not align with our own interest claims."
"Donnie Block may have many faults, but his ability is unquestionable. Such a person, if given a proper blow at the right time to make him realize who really has the final say, will then bring us even greater benefits."
As he reached his conclusion, the older Rockefeller's tone became more serious: "You must remember that anyone can potentially become your enemy or your ally. Whether they are enemies or allies isn't determined by your personal preference, nor by that person's attitude. Everything is because of interests. As long as the interests are aligned, an enemy can become a friend, and a friend can become an enemy!"
After contemplating for a while, the younger Rockefeller nodded and said, "I understand, Father. Thank you for your teachings!" Thɪs chapter is updated by ɴovᴇl_Firᴇ.ɴet
Satisfied, the older Rockefeller nodded and inquired, "So, how do you plan to deal with this matter now?"
The younger Rockefeller explained, "Over the past two years, Donnie, besides increasing his wealth, has built his own network of relationships, which includes government connections headed by people like Harding, as well as commercial relationships related to families like Mellon and Morgan, and also familial relationships like those with Roosevelts and Tafts."
"That's why Donnie was fearless when he shorted Sinclair Oil Corporation."
"I think Donnie dares to harbor such thoughts now because he relies on these relationships. If we could make him understand that his connections won't have any effect when he's facing us..."
"...and also make him realize that his business talents are equally useless against us, then he'll definitely become our faithful ally!"
The older Rockefeller's eyes shone brighter as he asked, "So, what is your specific plan?"
The younger Rockefeller smiled and said, "I know that Donnie's ABC Company is about to go public!"
The older Rockefeller slightly nodded with a smile: "Go ahead with full confidence. I will personally make the calls to his so-called pillars of support!"
In just over a month, time flew by, and by October, Donnie once again became busy.
ABC was going public!
The news was first reported by "Atlantic City Post," and soon after, it triggered an explosion in the local New York media, eventually spreading across the country!
For a time, it became the hottest news in the whole US financial circle.
'The first business radio stock in America goes public!' – "Wall Street Journal" Read latest stories on My Virtual Library Empire
As a weathervane of Wall Street, the IPO of ABC immediately gained attention from the "Wall Street Journal," which covered the entire section.
"As the first commercial radio network in America, and indeed the world, ABC had captured the nation's attention upon its establishment. After two years of development, ABC fully showcased its influence."
"Miss America, Major League Baseball, college football leagues, the American Football Association, the Ultimate Fighting Championship... ABC has exclusive broadcasting rights to many events, attracting listeners nationwide... According to statistics, up to now, ABC's audience has exceeded the 10 million mark, garnering an 80% share of the domestic listening audience."
"Additionally, ABC has tremendous influence. US elections, stock news, company affairs, etc., in all these fields ABC has absolute authority, which can be seen in matters like Harding's presidential campaign and the short battle with Sinclair Oil Corporation...."
At this moment, Donnie was in New York's Ritz Hotel, looking at the newspaper while having breakfast.
"Hey, are you even listening to me?" asked Walker, sitting beside him, somewhat helplessly.
Donnie looked up and saw a dispirited Walker and said, "What did you just say?"
Walker looked at Donnie with exasperation and said, "I was asking how on earth I can make things right with Maholi!"
Donnie put down the newspaper and replied with Schadenfreude, "I told you this before, even if you wanted to take back the Walker Family's properties, you should have told her in advance if you didn't want to use Maholi's money. Now you've taken cash from me and Maholi found out. Whose fault is that?"
While Donnie was busy preparing for the ABC IPO, Walker had already begun taking important steps to reclaim the Astor Family's properties. These past few days, Walker had gone several times to see his aunt, Helen Roosevelt.
Under Helen Roosevelt's guidance, he visited several key figures within the Astor Family's companies.