America 1919

Chapter 592

?Chapter 592: 211, Coca-Cola Company acquisition_3 Chapter 592: 211, Coca-Cola Company acquisition_3 However, this endeavor is anything but easy, it requires turning Coca-Cola into a resonant brand which would need a massive marketing plan, along with a substantial investment of cash into advertising, all of which you’ll need the board’s support for.

If you can’t get one hundred percent backing from the board, any wavering on their part might spell premature doom for your plan.

Such an outcome would be a tremendous loss for you and for Coca-Cola.

In this regard, nobody is more suitable than me to be your partner.

ABC, the “Atlantic City Post,” and even Hollywood’s United Artists can offer you the utmost support.

But now, you’re apprehensive about my shareholding in Coca-Cola.

Think about it, if I didn’t have absolute trust in you, why would I disclose all of this to you?

I could very well initiate a takeover of Coca-Cola right now, though I’m sure the Woodruff family would resist.

But the two of us sitting here, to speak frankly, do you think the Woodruff family could defeat me in this matter?

Robert Woodruff looked embarrassed.

The Woodruff family did have some clout in Georgia, but they certainly couldn’t muster the funds to contend with Donnie, which might even affect the Woodruff family’s banking business.

“Mr.

Block, your words are tempting, but I can’t fully trust you!”
Donnie nodded.

Persuading the most successful president in Coca-Cola history with just a few words was impossible.

“If that’s the case, I can sign a contract with you, in which I absolutely won’t partake in Coca-Cola’s operations for the next twenty years, unless you, Mr.

Woodruff, seek my help.

Furthermore, during these twenty years, I can relinquish all my decision-making rights regarding my shares in Coca-Cola to you, though naturally, this does not involve the buying and selling of shares.

Also, if you, Mr.

Woodruff, were to make any decisions that could harm Coca-Cola’s interests…

like selling Coca-Cola’s secret formula, I reserve the right to intervene!”
Donnie unfolded his plan, as he viewed Robert Woodruff’s management of Coca-Cola in high regard and naturally was willing to trust him to the greatest extent!

Robert Woodruff was pondering Donnie’s offer, and to be honest, it had started to tempt him, but it was precisely this great extent of trust that made him uncertain.

Today was only their first meeting.

Before this, Donnie was already a famous businessman across the United States, while without the Woodruff surname, no one would recognize him.

So, why would Donnie trust him so immensely?

Since the meeting was rather candid, Robert Woodruff voiced the doubts lingering in his heart.

Upon hearing this, Donnie laughed heartily, “Mr.

Woodruff, ABC is America’s largest commercial radio network, and the ‘Atlantic City Post’ has established a certain position in the United States.

Under such circumstances, naturally, I am quite familiar with your situation, Mr.

Woodruff.

Actually, if you set aside the worries in your heart and see me as a pure investor, it’s easy to understand.

Coca-Cola is a company I believe has great potential for growth, but that’s not the most crucial reason for my investment in Coca-Cola.

The most important reason I’m so optimistic about Coca-Cola is you, the person.

Having understood your past performance, I have confidence in you.

In my view, the most important aspect of any investment isn’t in a company, but in its leader.

Investing in the person at the helm brings me much more peace of mind than investing in the company!”
A hint of pride welled up in Robert Woodruff’s heart.

Although he was older than Donnie, even including his family, his achievements at that time couldn’t compare to those of Donnie.

“Thank you, Mr.

Block, for your high regard!” First, Robert Woodruff thanked Donnie, then he asked, “One last question, I’m aware that Mr.

Block also runs a…

private liquor business.

I’m wondering if your investment in Coca-Cola is also with an eye on your own liquor business interests?”
Donnie admired Robert Woodruff as he watched him.

When he first considered acquiring Coca-Cola, apart from recognizing Coca-Cola’s growth prospects, another goal was to prepare his distillery for the eventual repeal of Prohibition in the United States, but he had never disclosed this to anyone.

Now, Robert Woodruff seemed to see this angle!

However, Donnie also guessed that Robert Woodruff hadn’t grasped the core point!

“Mr.

Woodruff, you can be assured that, until the ban on alcohol is lifted in the United States, my private liquor business will have no contact whatsoever with Coca-Cola.

Of course, I would still hope Coca-Cola could work with my United States Logistics company, turning over all of Coca-Cola’s transportation tasks to it.

Moreover, I believe that even though Coca-Cola aims to establish an International Affairs Development Division, it definitely needs to consolidate its market domestically.

To maximize profits, the most suitable scenario for Coca-Cola is to purchase land in various states to build its own factories.

On this matter, I hope to reach an agreement with Coca-Cola.”